TDK selected for first time as “Industry Mover” in S&P Global Sustainability Yearbook 2021

TDK Corporation (TSE: 6762) announced today that it has been selected as an “Industry Mover 2021” in the S&P Global Sustainability Yearbook 2021. TDK’s sustainability performance (including its consolidated subsidiaries) is within the top 15% of its industry and its score advanced most from 2019 to 2020 compared to industry peers.

Every year S&P Global assesses the sustainability performance of companies around the world from an economic, environmental, and social perspective based on Corporate Sustainability Assessment (CSA) method and issues the Sustainability Yearbook. This year around 7,000 companies in 61 industries around the world were assessed on the basis of the CSA. Among the 220 companies assessed in the Electronic Equipment, Instruments & Components industry, to which TDK belongs, TDK received the Industry Mover distinction for coming within the top 15% in the industry and achieving the strongest improvement over the previous year.

TDK has formulated the Sustainability Vision and set the goals as a whole TDK Group of fully capitalizing on its proprietary core technologies and solutions to “advance the development of a sustainable society and champion well-being for all people as a whole TDK group.” In order to realize the vision, TDK pursues both a sustainable society and the corporate growth by maximizing social value.

For more details about the S&P Global Sustainability Yearbook, please click here

About TDK Corporation

TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately “Attracting Tomorrow.” It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2020, TDK posted total sales of USD 12.5 billion and employed about 107,000 people worldwide.

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