Our Sustainability-Focused Management
The JX Advanced Metals Group Philosophy is creating value for a brighter future. Under this philosophy, we contribute to the sustainable development of economies and society through business activities that encourage sustainability. At the same time, we pursue the long-term growth of our company.
Value Creation Model
The JX Advanced Metals Group works to identify and recognize the social issues JX must address, and seeks to promote a value creation model in growing sustainably and resolving social issues.
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Materialities and KPIs
The JX Advanced Metals Group has identified six materialities for priority action to realize our 2040 Long-Term Vision. KPIs have been set for each materiality, and the Sustainability Committee, chaired by the president, administrates this system, measuring and assessing levels of achievement for these KPIs.
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Materiality Identification Process
The JX Advanced Metals Group has identified six materialities for priority action to realize our Long-Term Vision 2040. KPIs have been set for each materiality, and the Sustainability Committee administrates this system, measuring and assessing levels of achievement for these KPIs. We took the accompanying steps based on global social issues and the goals set forth by the SDGs, as well as international guidelines (GRI, ISO 26000, etc.), initiatives in Japan and overseas, and trends among industry peers. The identified materialities will be periodically reviewed in accordance with future changes in social conditions and needs, management strategies, and other factors.
Sustainability Implementation Framework
The Sustainability Committee serves as an advisory body to the president, and is responsible for basic policies and activity plans related to sustainability, as well as the monitoring of these initiatives. The Sustainability Committee is chaired by the president of the Company, with members from the Executive Council and with participation by outside directors as observers. This committee meets twice a year in principle. Important sustainability-related matters are discussed and reported to the Board of Directors and the Executive Council as appropriate.
In addition, to promote and permeate sustainability initiatives throughout the Group, we have established the Sustainability Promotion Managers Meeting as a subordinate body to this committee, consisting of the sustainability promotion managers from each of the Company’s departments and each Group company.
In fiscal 2024, we held Sustainability Committee meetings in June and December to discuss activity policies for each priority issue and report on the status of activities.
Main Discussion Topics in Fiscal 2024 Sustainability Committee Meetings
- Progress on Materialities/KPIs
- Regulatory trends related to sustainability information disclosure and the Company’s response policies
- Status of discussions on copper resource recycling schemes
- Reports on the progress and performance of climate change targets
- Status of the Group’s initiatives related to respect for human rights, etc.
Sustainability Implementation Framework
Permeating Sustainability Management
Excerpt of Questionnaire Responses
Q: Do you understand our ESG management initiatives?
Yes 82.0%
Unsure 15.5%
No 2.2%
No answer 0.2%
Q: Do you understand and agree with the JX Advanced Metals Group Code of Conduct?
Yes 91.8%
No 8.1%
No answer 0.1%
Q: Do you think materialities are well understood in your organization and workplace?
Yes 75.3%
No 24.4%
No answer 0.2%
- * Respondents have multiple options for answering questions, with affirmative answers categorized as "Yes" and negative answers as "No."
The Group aims to deepen understanding about the importance of sustainability and our activities. To do so, we distribute information on ESG using the Group intranet and internal newsletters.
We created videos and conducted training for head office employees between December 2024 and January 2025 to deepen their understanding of sustainability management. The training consisted of two 15-minute lectures, with attendance rates of approximately 90% and 80%, respectively.
In addition, we distribute the Sustainability Report (Integrated Report as of fiscal 2025) each year and conduct paper and online questionnaires for employees. These questionnaires assess employee mindsets and involvement in sustainability.
In fiscal 2024, 3,342 of 4,147 eligible employees responded to the survey, resulting in a response rate of 81%.
Our Products That Support the Future
As a global operator in advanced materials for copper, minor metals, and other resources, the JX Advanced Metals Group supplies semiconductor and ICT materials across diverse fields, providing fundamental support for the prosperity of society and contributing to social development.
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Responding to International Norms and Initiatives
The JX Advanced Metals Group will contribute to achieving a sustainable society by complying with social demands such as international norms and initiatives. To this end, we are actively participating in initiatives. We also participate actively in nonferrous metals and other various industry associations, incorporating the knowledge gained through opinion exchanges and information sharing in our business activities.
Communication With Industrial Associations
| Name of Association | The Role of JX Advanced Metals in FY2024 | Activity Content |
|---|---|---|
| Japan Copper and Brass Association (JCBA) | Director | The JCBA works with member companies to promote progress and growth throughout the entire copper production industry. The Group sits on the Planning and Management Committee, contributing to the management of the association. The Group is also involved in the survey and reporting of market size as a member of the Statistics Committee. |
| Japan Society of Newer Metals (JSNM) | Chairperson | JSNM was established to promote the sound growth of new metals that support high-tech and related industries through research and the collection and provision of information. JX Advanced Metals sits on the Compound Semiconductors Subcommittee and the Target Subcommittee to be involved in the survey and reporting of market size, as well as to take part in providing opinions and advice to concerned government ministries and agencies. JX Advanced Metals also sits on the Safety Committee to contribute to the improvement of health and safety throughout the industry. |
| Japan Mining Industry Association (JMIA) | Director | JMIA is an association of companies engaged in the smelting business and nonferrous metal resource development. JMIA promotes the sound growth of the industry by conducting research and publicizing knowledge for technical improvement and making policy proposals to concerned government ministries and agencies. The JX Advanced Metals Group served as the director of the association in fiscal 2024. |
| Japan Catalyst Recovering Association (JCRA) | Chairperson | Comprising of companies engaged in the reuse of catalysts, JCRA was established to promote the recycling of precious and minor metals through the appropriate processing of used catalysts. JCRA holds periodical training for technical improvement and mutual communication among members while engaging in the investigation and collection of statistics relating to recycling. We serve as the chairperson of the association and are also involved in the publication of survey reports as well as the management of general meetings as a member of the PR Committee. |
Related Initiatives
Task Force on Climate-related Financial Disclosures (TCFD)
The TCFD is an organization established by the Financial Stability Board (FSB) that recommends companies disclose climate change-related risks and opportunities. The Group also discloses information in line with the TCFD recommendations in the Annual Securities Report and our Sustainability website.
- Reference
- TCFD Website
Challenge Zero
Challenge Zero is an initiative established by Keidanren, in partnership with the Japanese government, to encourage companies and organizations to innovate toward creating decarbonized societies. The JX Advanced Metals Group announced our participation in June 2020.
- Reference
- Challenge Zero Website
GX League
The GX League, led by the Ministry of Economy, Trade and Industry (METI), is a framework for industry, government, and academia to collaborate in the challenge of Green Transformation (GX) with a view to achieving carbon neutrality by 2050 and reforming Japan's entire economic and social system. In addition to expressing our support for the GX League Basic Concept, we also announced our participation in Phase 1 from fiscal 2023 to fiscal 2025.
- Reference
- GX League Website
The Copper Mark
The Copper Mark is a framework established in 2019 to demonstrate the contributions made by the copper industry to responsible production and the SDGs advocated by the United Nations. In December 2022, Saganoseki Smelter & Refinery and Hitachi Works, operated by JX Metals Smelting Co., Ltd., became the first plants in Japan to acquire Copper Mark certification. The Caserones Copper Mine (Chile), in which we hold a partial interest, also obtained certification in October 2023.
- Reference
- Copper Mark Website
Circular Partners
Circular Partners is a partnership established in 2023 by the Ministry of Economy, Trade and Industry (METI) to encourage collaboration between industry, government, and academia to achieve a circular economy. JX Advanced Metals has participated in this partnership as a manufacturer of non-ferrous metals since inception of the partnership.
WIPO GREEN
WIPO GREEN is a framework for technology exchange launched by the World Intellectual Property Organization, a specialized agency of the United Nations. The aim of this organization is to spread the adoption of environmental technologies and promote innovation. Entities participate by registering environmental technology in the organization's database. WIPO then matches technology with individuals and organizations. We have registered intellectual property related to our proprietary copper-recovery technology, the JX-Iodine Process, in the database.
- Reference
- WIPO GREEN Website
Partnership Development Declaration
The Partnership Development Declaration is an initiative that aims to increase added value throughout the supply chain by having corporate leaders declare supply chain-wide coexistence and coprosperity, that new partnerships will transcend size, affiliation, etc., and that participants will engage in desirable business practices with subcontractors. We announced our participation and declaration in April 2022.
White Logistics Movement
The White Logistics Movement is a movement promoted by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to encourage an under-standing among companies and the public regarding sustainable logistics. We announced our participation in April 2020, and our Logistics Department leads company-wide efforts in this area.
CDP
The CDP is an international NGO based in London. The organization collects, analyzes, and evaluates information on the environmental activities of the world's major corporations and discloses these results to institutional investors. Our company engages in the disclosure of information on climate change and water safety, which the CDP has identified as priority issues. We also disclose information through questionnaires to our business partners.
- Reference
- CDP Website
Responsible Business Alliance (RBA)
The RBA is an industry association consisting mainly of electronics manufacturers and suppliers of electronic components.
The Group conducts activities in line with the RBA Code of Conduct and drives improvements in human rights and labor, health and safety, the environment, and ethics across the supply chain.
- Reference
- RBA Website
Keidanren Initiative for Biodiversity Conservation
The Keidanren Initiative for Biodiversity Conservation is a group of companies and organizations that endorse the Keidanren Declaration for Biodiversity and Guideline and declared their commitment to biodiversity for the future. JX Advanced Metals announced our participation in July 2024.
Stakeholder Engagement
The Group believes that understanding the demands of various stakeholders accurately, responding in good faith, and building relationships of trust will lead to an increase in corporate value. To this end, we take advantage of opportunities for dialogue with each stakeholder and engage in active two-way communications.
| Key Stakeholders and Responsibilities | Main Means of Communication | Main Topics |
|---|---|---|
| Customers We contribute to achieving a more affluent society by improving satisfaction and fulfilling our social responsibilities through the stable and efficient supply of high-quality products. |
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| Shareholders and investors We appropriately disclose financial and non-financial information in accordance with laws and regulations, as well as information not required by laws and regulations in a timely and appropriate manner. We also engage in active dialogue with shareholders and investors to support the medium- to long-term corporate value creation of the Group. |
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| Employees We strive to create a rewarding workplace, focusing on the improvement of the work environment and the enhancement of training systems, to improve the motivation of each individual. |
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| Business partners We conduct business with our partners built on relationships of trust. We are working to achieve fair and equitable transactions throughout the supply chain. |
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| Local communities We pursue coexistence and co-prosperity at each of our bases by creating understanding of our business and building cooperative relationships through various exchange opportunities. |
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| International community We pay close attention to trends in global warming and other international issues. We engage with issues proactively and comply with laws and regulations. |
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