Myriad risks are involved in corporate life. It is imperative for corporations to prevent risks from developing into incidents and, in the case of an incident, to handle it in such a manner as to minimize damage.
At Shionogi, we approach risk management mainly from two perspectives to optimally manage all types of risks, internal and external, prevention and recurrence prevention in the event of an unexpected incident, thereby ensuring business continuity and corporate value enhancement.
The following is a summary of results from risk identification and assessment in connection with Shionogi’s recent environment-related challenges.

Environmental risk management process

1 Identification: Extract challenges based on global frameworks suchi as the SDGs and the World Economic Form in Davos, the main items of external assessment, and trade organizations' policies and external environmental canges. 2 Assessment: Identify the impact of  each challenge on business and determine its importance in consideration of the scale of impact, probability of occurrence, and future ramifications. 3 Response: Study possible measures in response to each challenge. 4 Assessment of efficacy: Review at the Shionogi Group Central EHS Committee. Report necessary matters to the Board of Directors via the Corporate Executive Meeting.

Identification, assessment results, and responses

Basic assessment criteria are provided in the table below; deliberations by the Central EHS Committee are also included.
Level Impact Probability
Large Discontinued operation Frequent in the area/industry
Medium Capital investment Past incidents
Small No past incidents