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Governing our Sustainability Efforts

Just as we do with our business activities, we aim to create as many positive impacts as possible in our sustainability efforts. This requires a disciplined approach in choosing which initiatives to take on and making sure they are carried out effectively. There are four steps in our sustainability governance process:


1

DECISION-MAKING

Important sustainability-related matters receive consideration from Takeda's top leadership. Typically, these matters are elevated to Takeda's Business Review Committee (BRC), the Takeda Executive Team (TET) or the Board of Directors.


2

DUE DILIGENCE

Sustainability is an important factos in our business decisions. For example, we identify any impacts, or potential impacts, that our business activites might have on society and the environment. Relevant divisions lead efforts to take appropriate measures to manage these impacs and to sustain corporate value.


3

IMPLEMENTATION

Material issues are shared with the Takeda Sustainability Network, consisting of a cross-functional team of leaders throughout the company who work to make progress toward our goals.


4

DISCLOUSURE

A dedicated team within Takeda's Corporate Affairs function helps communicate sustainability-related information, referencing the United Nations Global Compact (UNGC) Advanced Level criteria, Global Reporting Initiative (GRI) Standards, the International Integrated Reporting Council (IIRC), Sustainable Accounting Standards Board (SASB) guidelines and others.


 

Below is an overview of how we embed purpose-led sustainability responsibilities and oversight across different levels of our organization:

Takeda Board of Directors
Board oversight for sustainability (ESG)

Takeda Executive Team/Business Review Committee
Overall accountability for purpose-led sustainability strategy, performance and risk management.
Reviews initiatives, policies and practices and monitors impact and performance

Purpose-led Sustainability Network

Global Corporate Affairs -
Sustainability Integration
• Purpose-led sustainability agenda setting
• Provides capability building to the Sustainability Network of Business Champions
• Monitors impact on key ESG activities across the organization

Business Champions


Drives the purpose-led sustainability strategy throughout the company.
Takes a strategic view of issues and coordinates with the Sustainability
Integration team.

Supporting Business
Functions

 

Business Unit and
Regional Representation


Guided by our values and commitment to patients, people and the planet, we will allocate capital to maximize value for patients & shareholders. Takeda is a purpose-led organization that exists to create better health for people, and a brighter future for the world. We maintain a sustainable business strategy that responds to global challenges. To make this clear to all stakeholders, we have updated our capital allocation policy to reflect how Takeda’s board considers economic, environmental and social issues when overseeing major capital allocation decisions.