Sustainability | TDK Group's SustainabilitySustainability Management
- Sustainability Promotion Structure
- In-house Awareness Raising
- Main Initiatives and Organizations with Which TDK Is Affiliated or in Agreement
Sustainability Promotion Structure
The Sustainability Promotion HQ was established directly under the president as a structure for the implementation of sustainability-related initiatives. It engages in the following activities:
- Drafting of activity policies relating to sustainability
- Dissemination of activity policies throughout the entire TDK Group
- Monitoring of the state of progress of activities
- Proposals and reports to management, including the Executive Committee and Board of Directors
- Disclosure of sustainability-related information and implementation of dialogue with stakeholders
- Feedback regarding various opinions received from outside the Group and specific issues identified through activities to management, head office divisions, business companies, business groups, and business sites
Sustainability-related issues and themes proposed or reported by the Sustainability Promotion HQ are discussed in the Executive Committee, with a final decision being made by the president.
Furthermore, the CSR Group in the Sustainability Promotion HQ and head office divisions promote policies and activities reflected in management policy on a global level, disseminating them to business companies, business groups, Group companies, and manufacturing sites around the world in collaboration with regional headquarters.
In-house Awareness Raising
For the promotion of sustainability, the TDK Group believes it is important for every employee to understand the concept of sustainability, the background requiring efforts by companies, TDK’s approach to sustainability activities, and so on and to incorporate it into their own work. Accordingly, we implement lecture-style training programs geared to each employee rank, such as training for new recruits, as well as e-learning and other schemes.
In fiscal 2019, in addition to diffusion of the Sustainability Vision using digital signage and dialogue with an asset manager for members of management and supervising head office divisions, we devoted much effort toward education relating to the SDGs. Specifically, we implemented e-learning for all employees, held dialogues and considered efforts to achieve business targets in each business group, and organized a lecture by a university professor for the Technology and Intellectual Property HQ.
Main Initiatives and Organizations with Which TDK is Affiliated or in Agreement
The TDK Group respects international norms and standards, such as the Universal Declaration of Human Rights, ISO 26000, the OECD Guidelines for Multinational Enterprises, the international labor standards of the International Labor Organization (ILO), and the United Nations Guiding Principles on Business and Human Rights (the “Ruggie Framework”), and promotes business with the aim of realizing the common global objectives cited in the SDGs. Furthermore, in editing and issuing our sustainability website, we comply with the Core option of the GRI Standards of the Global Reporting Initiative, the international standard.
Agreement with the TCFD*
In May 2019 TDK expressed its agreement with the Task Force on Climate-related Financial Disclosures (TCFD), which analyzes the impact of climate change on corporate finance and makes proposals recommending information disclosure.*The TCFD was founded in 2015 by the Financial Stability Board (FSB), an international body seeking to achieve the stabilization of the financial system.
Affiliation with the RBA and RMI
In February 2020 the TDK Group joined the Responsible Business Alliance (RBA), the world’s largest industry coalition aiming to promote CSR in the global supply chain. The TDK Group fully supports the RBA’s vision and mission and, in accordance with the RBA’s code of conduct, makes continuous efforts to improve the human rights, health, safety, and environment of workers in the TDK Group and at suppliers.
Other Main Organizations Joined by TDK
TDK belongs to the following organizations and promotes efforts to solve social issues that cannot be effectively tackled by single companies alone.
|Name of organization||Outline of organization (links to external sites)|
|Japan Business Federation||http://www.keidanren.or.jp/en/profile/pro001.html|
|Japan Electronics and Information Technology Industries Association (JEITA)||http://www.jeita.or.jp/english/about/what/index.html
|Joint Article Management Promotion-consortium (JAMP)||https://chemsherpa.net/english
(founding member company, since 2007)
|Japan Business Council in Europe (JBCE)||https://www.jbce.org/about-us/who-we-are/about-jbce/|