Sustainability InitiativesSustainability Policy and System

1. Sustainability Policy

With the aim of realizing the SDGs (Sustainable Development Goals) adopted by the United Nations in September 2015, the Group will support the world’s most advanced technologies on a global scale with its unique and superior products, and strive for sustainable development as an innovative, development-driven company. At the same time, the Group will earnestly address environmental and human rights issues in order to contribute to a sustainable society with ESG (environmental, social and governance) in mind.

We will build a safe and rewarding work environment, promote the 3Rs (reduce, reuse, recycle) in harmony with nature, reduce the emission of environmentally hazardous substances, promote the reduction of industrial waste and the effective use of resources, increase our corporate value through activities aimed at solving social issues, and contribute to the creation of a sustainable society.

2. Sustainability Promotion System

The Group has placed sustainability at the core of its management policy, and has established the Sustainability Promotion Committee, chaired by the President, to promote sustainability. We will work on individual sustainability issues in cooperation with the Compliance and Risk Management Committee, also chaired by the President, and the RC Promotion Council. In particular, we have established the Global Environment Sectional Meeting under the Sustainability Promotion Committee to address important themes such as the response to climate change and CO₂ emissions reduction. In addition, the sustainability policy will be discussed and decided at the Board of Directors meetings, and the status of related initiatives will be regularly reported at the meetings (about twice a year) and reflected in the Medium-Term Management Plan and annual plan.

3. Sustainability Initiatives

We have been promoting sustainability activities, reducing energy-intensive products, and strengthening our commitment to decarbonization and recycling as one of the key strategies of our 12th Medium-Term Management Plan “Dominate 1000” since FY2022 to enhance social value. In order to contribute to the creation of a sustainable society, we will accelerate our reduction of greenhouse gas emissions with the aim of achieving carbon neutrality by 2050.

4.Endorsement of TCFD recommendations^*2

We endorsed the TCFD recommendations in May 2022. We have been striving to preserve the global environment through the development of environmentally-friendly products and the reduction of greenhouse gas emissions. In our 12th Medium-Term Management Plan, we aim to be a creative development-driven company that contributes to a sustainable society by supporting the world’s leading technologies with unique and superior products.
In accordance with the TCFD recommendations, we will continue to identify the risks and opportunities related to climate change, actively disclose such information, and contribute to the achievement of a sustainable society.

*2 At the request of the G20, the Financial Stability Board (FSB) established the Task Force on Climate-related Financial Disclosures (TCFD). As part of its mission to understand and communicate potential financial impacts of climate-related risks and opportunities, the Task Force issued recommendations on voluntary climate-related financial disclosures in June 2017.