Value creation process

Value creation process

The overall picture of our group's value creation is as follows: Based on The Origin of Management Ningen-Soncho and Vision for 2050 Management Philosophy Vision for 2030 Truly inspired," Shaping Change our Your Reliable Partner for a Brighter Future to support people's lives through a stable energy supply and our Responsibility to protect the global environment now and in the future toward the realization of a carbon-neutral (CN) society, through the realization of our 2030 vision of "responsible change-maker" and our 2050 vision of "shaping change." Our Medium-term Management Plan is a concrete manifestation of this path, and we will promote sustainable value creation from both financial and non-financial perspectives by setting key initiatives and KPIs linked to materiality.

● Value Creation Process Diagram

● Idemitsu Group's "Six Capitals"

The six capitals are a classification of management Resources that support a company's sustainable value creation, as outlined in the framework of the International Integrated Reporting Council (IIRC). By visualizing non-financial capital such as intellectual capital, human capital, and natural capital, in addition to financial capital, it is possible to grasp a company's overall competitiveness and future potential. Our group will make the most of the characteristics of these six capitals and work to solve social issues and achieve sustainable growth through our business activities.