Materiality

Materiality (Key issues)

We have redefined the corporate materiality (key issues) in line with the formulation of the Mid-Term Management Plan announced in February 2025.As stated in our corporate mission statement “focusing on the customer”, we assessed materiality from both perspectives, which are the impact of our business activities on the environment and society, and the financial impact of environmental and social changes on our business. We gathered and assessed opinions from all divisions, with extensive discussions at the executive management level, and the results were approved by the Board of Directors.We are promoting our initiatives by using the newly identified materiality as the basis of the Company’s sustainability policy. We are planning to review corporate materiality periodically in light of changes in the business environment.

Steps in defining materiality

Step 1	Identify issues by using various indicators specified in the ESG guidelines, such as the GRI Standards and SASB Materiality Map, as reference.
Step 2	Check their alignment with the issues specified in the Mid-Term Management Plan at the Corporate Planning Department and other sustainability-related departments.
Step 3	Check their adequacy and completeness by examining their significance from the perspective of stakeholders through engagement with ESG investors, environmental NGOs, and ESG rating agencies.
Step 4	Specify materiality by discussing the adequacy and completeness of the identified issues at the Executive Committee. Verify the significance of these issues depending on the nature of each, and confirm the appropriate method of disclosure.
Step 5	Discuss and approve the materiality at the Board of Directors.

Suzuki’s Materiality

			Major initiatives
Contribution to the Environment and Society	Nature Stewardship	Climate change and energy	In addition to reducing GHG emissions during the product use phase through vehicle weight reduction and the development of multi-pathway technologies, promoting reductions in GHG emissions from business activities by advancing energy-saving initiatives and selecting and implementing the most appropriate energy and technologies based on the region and specific application
		Efficient use of resources including circularity	Promoting resource-saving, reuse, and proper disposal throughout the entire product lifecycle Assessing water risks at each site and business partners, and reducing the amount of water intake
		Biodiversity conservation	Understanding our dependence on and impact on natural capital, promoting efficient manufacturing that minimizes the use of resources and energy, and mitigating the impact on ecosystems by reducing environmental impact Contributing to environmental conservation through reduced exhaust gas emissions in products and reduced environmental impact in production processes
	People and Well-being	Respect for human rights	Promoting awareness of human rights policies in accordance with international standards, and assessing and correcting human rights risks throughout the supply chain (including the prevention of unfair discrimination, forced labor, and child labor) Implementing measures to prevent harassment, operating consultation desks, and providing redress measures
	People and Well-being	Product safety, quality and service quality	Establishing and operating a strict quality assurance system at every stage, from product planning through sales and service Improving product safety and quality, and ensuring a swift response to defects that arise in the market and thorough measures to prevent their recurrence
Enhancement of Sustainable Corporate Value	Human Capital Foundations	Human capital development and management	Implementing level-specific training and expanding support for skill development and reskilling to address diverse changes and issues Creating an environment where diverse human capital can actively thrive and improving the workplace environment to enhance employee engagement
	Human Capital Foundations	Occupational health and safety	Preventing occupational accidents through risk assessments and safety education Creating workplace environments that are comfortable for both mind and body by improving working environments and promoting health management
	Governance and Organizational Frameworks	Corporate governance and compliance	Strengthening management transparency and supervisory functions by leveraging knowledge of Outside Directors and Outside Audit & Supervisory Board Members and establishing voluntary committees Thorough implementation of internal controls and compliance systems
		Information security	Establishing Group-wide management systems and strengthening cybersecurity defenses Thorough security education for employees and strict management of personal and confidential information
		Resilient supply chain	Sharing our approach to sustainability with business partners and proposing and supporting continuous improvement Reducing environmental impact including decarbonization, and thoroughly implementing social responsibility and respect for human rights, such as responsible mineral procurement

Efforts for SDGs

The Suzuki Group supports the SDGs^* and will actively fulfill its responsibility to address issues where it can help to achieve goals through its business activities.
Suzuki has contributed to developing and popularizing environmentally friendly compact cars and creating jobs in emerging countries. Through business activities that take advantage of Suzuki’s strengths, Suzuki will help to solve social issues in tandem with generating profits. Suzuki aims to contribute to a sustainable society and achieve profit growth in a well-balanced manner.

* SDGs (Sustainable Development Goals): adopted by the United Nations in 2015.