Vision for 2030 | Sumitomo Metal Mining Co., Ltd.

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<section class="l-section" id="section01"> <h2 class="c-headingLv2">Long-term vision and Vision for 2030</h2> <p class="c-text">Drawing on its corporate philosophy and management vision, the SMM Group will expand its growth potential and sustainability by securing resources and providing non-ferrous metals, battery materials, advanced materials, and other high-quality materials in an effort to enhance its company value and achieve its long-term vision of becoming the world leader in the non-ferrous metals industry. Vision for 2030 specifies concrete milestones indicating KPIs and deadlines toward achieving this long-term vision.<br> In formulating Vision for 2030, we assessed and reflected on our Group’s Vision for 2020, taking societal changes into account, and sorted the material issues that need to be addressed by 2030. Vision for 2030 and KPIs* were deliberated for the 11 material issues identified, and formulated and released in March 2020.</p> <div id="animationArea01"></div> <div class="c-custom-visionCircle"> <div class="c-custom-visionCircle_title"> <span>Long-term vision</span> World Leader in the Non-Ferrous Metals Industry </div>  <ul class="c-list"> <li class="c-list_item">Have a global presence in terms of mineral resource interests and metal production volumes (be in the global top five)</li> <li class="c-list_item">Have leading technology and a unique business model that cannot be easily emulated by other major mineral resource companies</li> <li class="c-list_item">Be growing sustainably and stably producing a certain amount of profit</li> <li class="c-list_item">Be actively tackling social issues such as the SDGs</li> <li class="c-list_item">Have employees working with spirit</li> </ul>  <div class="c-btn_wrapper"> <a class="c-btn c-btn-minWidth u-icon u-icon-chevronRight u-icon-right" href="/en/ir/management/vision/">Long-Term Vision</a> </div> </div>  </section> <section class="l-section" id="section02"> <h3 class="c-headingLv3">Material Issues and SDGs</h3> <p class="c-text">In formulating Vision for 2030, we have kept firmly in mind the SDGs with close affinity to our corporate philosophy and vision. The results of our work to evaluate issues and connect them with SDG targets are shown in the diagram below. We set the 12th SDG, “responsible consumption and production,” as our most important goal, as this goal indicates our approach toward all issues and directly connects to our management vision.</p> </section> <div class="c-img u-pa-top-m u-pa-bottom-m"><img src="/sustainability/img/vision_pic01_en.png" alt=""> </div> <section class="l-section" id="section03"> <h4 class="c-headingLv4">11 Material Issues and our Vision</h4> <div class="c-table c-table-vertical"> <table class="c-table_content"> <tbody class="c-table_contentBody"> <tr> <th class="c-table_headCell u-w-35per">1. Effective Use of Non-Ferrous Metal Resources </th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that generates resources through high technological capabilities </div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section01" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">2. Climate Change</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that is actively working to reduce emissions and undertakes climate change countermeasures including stable supply of products with low-carbon footprints, to achieve zero greenhouse gas (GHG) emission</div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section02" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">3. Significant Environmental Accidents, <br> 4. Biodiversity </th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that values water resources and biodiversity, and protects the richness of the sea and land </div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section03-04" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">5. Employees’ Occupational Health and Safety</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company where all employees work together with safety first the priority in a comfortable working environment as well as safe facilities and operations </div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section05" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">6. Diverse Human Resources<br> 7. Development and Participation of Human Resources</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company where all employees can take a vibrant and active part </div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section06-07" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">8. Engagement with Stakeholders</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that is appreciated and understood to be the World Leader in the Non-Ferrous Industry</div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section08" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">9. Co-Existence and Mutual Prosperity with Local Communities</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that contributes to regional development and earns trust as a member of the local community </div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section09" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">10. Rights of Indigenous Peoples</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that understands and respects the traditions and culture of indigenous peoples </div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section10" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> <tr> <th class="c-table_headCell">11. Human Rights in the Supply Chain</th> <td> <div class="l-grid l-grid-middle"> <div class="l-grid_item l-grid_item-8">A company that undertakes sustainable procurement across the supply chain</div>  <div class="l-grid_item l-grid_item-4"> <a href="/en/sustainability/vision/task/#section11" class="u-icon u-icon-chevronRight">KPIs and goals</a> </div>  </div>  </td> </tr> </tbody> </table>  </div>  </section> <section class="l-section" id="section04"> <div class="c-accordion" data-js-accordion=""> <div class="c-accordion_section"> <a href="#" class="c-accordion_title c-accordion-open" data-js-accordion-trigger="" aria-expanded="true">Planning Process</a> <div class="c-accordion_content" data-js-accordion-content="" aria-hidden="false" style="display: block;"> <div class="c-accordion_content_inner"> <div class="c-custom-flow l-separator-x4"> <div class="c-custom-flow-item"> <div class="c-custom-flow-item_main"> <p class="c-custom-flow-item_step">STEP 1</p> <div class="l-grid"> <div class="l-grid_item l-grid_item-12"> <h4 class="c-headingLv4">Identification of sustainability Issues</h4> <p class="c-text">From April 2018, having summarized outlooks for conditions in 2030 by the OECD and other organizations and international guidelines such as ICMM guidelines and GRI Standards, and having identified 89 sustainability issues, we worked to connect these issues with closely related SDG targets.</p> </div>  </div>  </div> </div> <div class="c-custom-flow-item"> <div class="c-custom-flow-item_main"> <p class="c-custom-flow-item_step">STEP 2</p> <div class="l-grid"> <div class="l-grid_item l-grid_item-12"> <h4 class="c-headingLv4">Identification of material issues through evaluation of the materiality of sustainability issues</h4> <p class="c-text">To extract material issues from the identified 89 issues, from October 2018 we began evaluations on two axes: evaluation by CSR subcommittees from social perspectives and evaluation by business divisions from business perspectives.<br> As standpoints for evaluation, we set three points—(1) degree of impact on society, (2) risks that threaten to increase if not actively addressed, and (3) opportunities gained if actively addressed—and evaluated these on a five-step scale.<br> We further held study sessions for a total of 21 young managerial track employees in general positions and 20 factory leaders in the Besshi District, and used their opinions as references in examinations by the CSR subcommittees.</p> </div>  </div>  </div> </div> <div class="c-custom-flow-item"> <div class="c-custom-flow-item_main"> <p class="c-custom-flow-item_step">STEP 3</p> <div class="l-grid"> <div class="l-grid_item l-grid_item-12"> <h4 class="c-headingLv4">Examination of the Vision and KPIs</h4> <p class="c-text">From April 2019, we began examination of the Vision and of specific KPIs in CSR subcommittees corresponding to the 11 material issues. In July 2019, based on the examination by the CSR subcommittees, we held deliberations by officers, and carried out final examinations through the CSR Committee (chaired by the president).</p> </div>  </div>  </div> </div> <div class="c-custom-flow-item"> <div class="c-custom-flow-item_main"> <p class="c-custom-flow-item_step">STEP 4</p> <div class="l-grid"> <div class="l-grid_item l-grid_item-12"> <h4 class="c-headingLv4">Formulation and announcement of Vision for 2030</h4> <p class="c-text">In December 2019, the CSR Committee convened to issue its approval of Vision for 2030 and its KPIs, which, following resolution by the Board of Directors, led to formulation and announcement of the Vision in March 2020.</p> </div>  </div>  </div> </div> </div> </div>  </div>  </div>  </div> </section> <section class="l-section"> <div class="u-box"> <div class="u-ta-center"> <a class="c-btn u-icon u-icon-chevronRight u-icon-right c-btn-minWidth" href="/en/sustainability/vision/task/">11 Material Issues and our Vision </a></div> <p class="c-text u-ta-center">You can find detailed numerical targets for the 11 Material Issues here. </p> </div> </section> <div class="c-link-related l-separator-x9"> <p class="c-link-related_head">Related Links</p> <ul class="l-tile l-tile-2col"> <li class="l-tile_item"><a class="c-link-related_item" href="/en/ir/management/plan/">3-Year Business Plan</a></li> <li class="l-tile_item"><a class="c-link-related_item" href="/en/ir/esg/value/">Value Creation Process</a></li> </ul> </div> <p class="c-link-back-bottom"><a class="u-icon u-icon u-icon-chevronLeft" href="/en/sustainability/">Back to Sustainability Top</a></p> </div> </main>  </div>  <div class="c-breadcrumb"> <ul class="c-breadcrumb_list"> <li class="c-breadcrumb_listItem"><a class href="/en/">Home</a></li> <li class="c-breadcrumb_listItem"><a class href="/en/sustainability/">Sustainability</a></li> <li class="c-breadcrumb_listItem">Vision for 2030</li> </ul>  </div>   <footer 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