Health Management Declaration
Based on the Cosmo Energy Group Management Vision, “In striving for harmony and symbiosis between our planet, man and society, we aim for sustainable growth towards a future of limitless possibilities,” the Group aims to enhance the lives of its customers by providing stable supplies of energy. |
Shigeru Yamada Representative Director, Group CEO Cosmo Energy Holdings Co., Ltd. |
The Cosmo Energy Group understands that the physical and mental health of its human resources are the source of value creation and the foundation of sustainable growth. To ensure that our executives and employees remain healthy both physically and mentally, the Health Management Policy outlines our health management initiatives.
Aims of Health Management
The Cosmo Energy Group’s approach to health management treats the promotion of physical and mental health as the foundation for achieving all aspects of a vibrant work environment. We believe that it is only when employees are healthy and thriving that we can achieve our engagement and productivity goals.
As systematically organized in the Health Management Strategy Map, health management leads ultimately to both higher corporate value and the realization of individual wellbeing. We believe these two work together to create a virtuous cycle. We will continue to promote health management in accordance with this vision.
Health Management Promotion System
Main Health Management Initiatives
- Promoting employee health management and implementing a range of work-life balance programs
- Maintaining a 100% health check-up participation rate, implementing specific health check-ups and specific health guidance and encouraging eligible employees to receive them.
- Stress check-ups
- Study group on appropriate management of working hours: Members from the HR department and labor union meet once monthly
- To improve the health of individuals and prevent harm from second-hand smoke in the environment, smoking is banned during working hours (and we offer a smoking cessation support program)
- Holding health seminars that address smoking, drinking alcohol, diet, sleep, exercise, and other aspects of physical health, as well as mental health, cancer, diseases, women’s diseases and health issues, lifestyle-related diseases, etc.
- Holding walking events, participating in marathons
- Mental health measures that include a 24-hour consultation line and a return-to-work program
- Fiscal 2023 progress on fiscal 2025 KPIs:
For example, specific health guidance follow-through rate of 40% (improvement from fiscal 2022 baseline of 21%), 61-point healthy lifestyle index1 (up from fiscal 2022 baseline of 58 points)
1. Index calculated based on percentage of people with appropriate alcohol, eating, and exercise habits, percentage of people who get sufficient amount of sleep, and percentage of people not currently habitually smoking cigarettes
Health Management Initiative Status and Results
Specific Health Check-Ups and Specific Health Guidance
In comparison with averages at other health insurance societies, the Cosmo Energy Group was found to face issues in the physical aspects of lifestyle (smoking, alcohol, diet, exercise, and sleep). Specifically, our employee smoking rate was a high 30% in fiscal 2021. Further, there is a relatively high 7% of employees at risk of liver function issues and obesity in comparison with averages at other health insurance societies. These figures indicated that improving employee physical health is important.
Based on these results, we are working to improve the implementation rate of specific health guidance in order to improve employee lifestyles and prevent lifestyle-related diseases.
Measures to promote implementation at Group companies have yielded results, with the specific health guidance follow-through rate, which was 21% in fiscal 2021, rising to 33% in fiscal 2022 and expected to rise even further in fiscal 2023. We have set a health management KPI target for the specific health guidance follow-through rate of 40% for fiscal 2025. By strengthening our cooperation with our Health Insurance Society, we continue working to ensure that employees undergo specific health check-ups and follow through on the specific health guidance they receive.
Undertaking and Utilizing Stress Check-Ups
The Group has also been working with its Health Insurance Society on employee stress check-ups since December 2015, maintaining a high, approximately 98% participation rate in fiscal 2023 and 2024, exceeding the KPI target of 95% or higher. In addition, we are working to improve this by utilizing the results of stress check-ups, reporting the results to management and incorporating it in feedback training for department heads.
Absenteeism, Presenteeism, and Work Engagement
During stress check-ups, we also take an annual look at absenteeism, presenteeism and work engagement with a list of originally designed questions. In terms of absenteeism, approximately 87% of employees in fiscal 2023, and approximately 88% in fiscal 2024, took five or fewer days of paid annual leave due to sickness. The rate of presenteeism was approximately 36% of all respondents in both fiscal 2023 and 2024. The work engagement score was approximately 50 in fiscal 2023 and 51 in fiscal 2024.
Health Consultation Line
The Cosmo Energy Group has a dedicated health consultation line that can be accessed by telephone or online, staffed with experts who provide consultation and second opinions on various health matters. The Group also established a new mental health counseling service in fiscal 2021 to promote mental and physical health by ensuring that employees are able to access counseling services from qualified clinical psychologists.
Health Seminars
We hold health seminars for all employees and members of their families (some open to business partners and affiliated companies). These seminars address such topics as smoking, drinking alcohol, diet, sleep, exercise, and other aspects of physical health, as well as mental health, cancer, diseases, women’s diseases and health issues, and lifestyle-related diseases. We receive 100 to 200 applications for each session. Participant satisfaction has remained at a consistently high level, with satisfaction scores of 4 or higher, out of 5, for each session.
We will continue to hold health seminars to help improve the health and health literacy of our employees and their families, as well as of others affiliated with our Group.
Holding Walking Events and Participation in Marathons
The Cosmo Energy Group promotes the health of employees with walking events (held, for example, over one-month periods) and participation in marathons.
Certified as a Health & Productivity Management Outstanding Organization in 2024
For the sixth consecutive year, Cosmo Energy Holdings and its group companies Cosmo Energy Exploration & Production, Cosmo Oil, Cosmo Oil Marketing, Cosmo Oil Lubricants, and Cosmo Business Associates were recognized as a Health & Productivity Management Outstanding Organization (Large Enterprise Category) in 2024. The certification is granted by Japan’s Ministry of Economy, Trade and Industry to companies with excellent health and productivity management initiatives.