Sustainability | Sustainability Management | Key CSR Issues Summary of Key CSR Issues (FY 2016–20)

Summary of Key CSR Issues

After considering the degree of impact of background social issues from the viewpoint of the TDK Group and the perspective of stakeholders, the TDK Group addressed the four areas of “Contribute to the world through technology,” “Develop human resources,” “Consider the societal and environmental impact of the supply chain,” and “Develop and prosper in harmony with the global environment” as key CSR issues in fiscal 2016–20.
Regarding each key CSR issue, important themes set to promote initiatives more effectively were reviewed each year at the time of the compilation of business plans in consideration of social trends and other factors and decided after approval by the Executive Committee. In fiscal 2020, we reviewed this materiality at the time of the compilation of the new Medium-Term Plan, and identified materiality, defined as key issues that receive the priority investment of the organization's management resources and be tackled to achieve the Medium-Term Plan and achieve both a sustainable society and corporate growth.
Here we summarize the key CSR issues addressed in fiscal 2016–20. As shown below, TDK continues to tackle these key issues in the new materiality.

• Contribute to the World through Technology > EX (Energy transformation), DX (Digital transformation), Quality Management
• Develop Human Resources > HR Management
• Consider the Societal and Environmental Impact of the Supply Chain > Supply Chain Management
• Develop and Prosper in Harmony with the Global Environment > EX (Energy transformation)

• ◆Risks and opportunities

  These refer to opportunities that are created by addressing key CSR issues (materiality) relevant to SDGs and risks that are presented by not engaging in the efforts.

• ◆Key themes

  Each year, we review key themes based on social trends at the time of formulating a business plan and make a decision after obtaining approval in the Executive Committee.

Contribute to the World through Technology

Results of Key CSR Issues

Key theme 1:
Addressing Social Issues by Developing New Kinds of Products the World Has Not Yet Seen

Building of setup to address SDGs in our main business

Examples of business creation starting from social issues are evident in the TDK Group around the world. See here for details.

Business creation starting from social issues 〉〉

Key theme 2:
Pursue Zero-defect Product Quality

Continued updating of product quality education and global deployment in pursuit of zero-defect product quality

Number of languages of translated product quality education contents

Develop Human Resources

Results of Key CSR Issues

Key theme 1:
Develop Global Human Resources

Introduction of global management training program and expansion of participation by region and level

Global operation of English language study program and promotion of foreign language proficiency

Number of people completing the TCDP

(cumulative total for FY 2018–20)

Number of participants in English language study program

(cumulative total for FY 2018–20)

Annual training hours per person

(FY 2020)

Key theme 2:
Cultivate a Corporate Culture that Respects Diversity

Compilation of Diversity & Inclusion Policy

Establishment of special department for diversity promotion

Formulation of global competency for top management

Consider the Societal and Environmental Impact of the Supply Chain

Results of Key CSR Issues

Key theme 1:
Consider the Work Environment at Manufacturing Sites

Continued 100% implementation every year of CSR self-checks at manufacturing sites

CSR self-check implementation rate

(FY 2016–20)

Continued 100% implementation every year of labor and human rights/ethics risk assessment at manufacturing sites

Labor and human rights/ethics risk assessment implementation rate

(FY 2016–20)

Key theme 2:
Consider the Work Environment of Suppliers

Increase of 6.8 points in ratio of CSR compatible suppliers

CSR compatible supplier ratio

Increase from 91.2% in FY 2017 to 98.0% in FY 2020

Continued 100% implementation every year of CSR self-checks at dispatch companies used by manufacturing sites in high-risk countries

CSR self-check implementation rate

(FY 2017–20)

Key theme 3:
Responsible Sourcing of Minerals

Increase of 11.3 points in ratio of confirmed conflict-free suppliers

Confirmed conflict-free supplier ratio

FY 2016: 83.2%; FY 2017: 92.3%; FY 2018: 92.6%; FY 2019: 93.1%; FY 2020: 94.5%

Develop and Prosper in Harmony with the Global Environment

Results of Key CSR Issues

Key theme 1:
Reduce Environmental Load throughout Life Cycle Stages

The TDK Environmental Vision 2035 calls for halving of the CO₂ emission basic-unit in a life-cycle perspective by 2035. Among other things, TDK is promoting the reduction of CO₂ emissions at manufacturing sites and in distribution, the expanded use of renewable energy, the reduction of resource procurement, and the increased contribution to the reduction of CO₂ through products.

Key theme 2:
Creating a Framework for Gauging Product Contributions

Continuation of activities in cooperation with industrial organizations and continued implementation of measures to promote the diffusion of calculation work in the Group