Sustainability | Sustainability ManagementEfforts to Achieve the SDGs

The TDK Group’s Efforts to Achieve the SDGs

To make the global environment and people’s lives sustainable, the United Nations General Assembly approved the 2030 Agenda for Sustainable Development in September 2015. This agenda advocates Sustainable Development Goals (SDGs), consisting of 17 goals and 169 targets, to be achieved by all countries by 2030.

In the new Medium-Term Plan "Value Creation 2023" beginning in fiscal 2021, TDK continues its basic policy outlined in "Value Creation 2020," the Medium-Term Plan beginning in fiscal 2018, which aims to ensure sustainable growth through the creation of three values.

The realization of one of these values—“Social Value” (enhancing the enterprise’s social value)— is closely tied to the achievement of the SDGs. Contributing to the solution of social issues and thereby creating social value means nothing less than the realization of TDK’s corporate motto of “contribute to culture and industry through creativity.” By contributing through our business to the solution of the global-scale issues raised by the SDGs, TDK seeks to enhance its corporate value.

The TDK Group’s Materiality and the SDGs

When studying and formulating the materiality advocated by the TDK Group, consideration was given to issues specified by the SDGs. Going forward, we will promote in-house discussions and visualize how each materiality issue can lead to the solution of social issues.

Areas in Which the TDK Group Can Cooperate and the Resulting Society

On the basis of the previous materiality (key CSR issues), in-house discussions were held on areas in which the TDK Group can contribute and the society that can be realized as a result.

TDK
SDGs Social issues Areas in which the TDK Group can cooperate and the resulting society
Increase of health and welfare issues due to aging Advanced medical treatment available to all people.
High medical expenses Healthcare equipment, health management by smartphone, etc. enable people to easily understand their own health condition.
Increase of population in need of care due to transition to aged society Through the diffusion of care robots, monitoring functions, and voice-recognition technology, people in need of care can lead anxiety-free lives.
Difficulty of social participation by disabled persons The diffusion of functional assistance sensors, etc. supports the independence of disabled persons toward their social participation.
Traffic accidents Safe traffic systems built to reduce traffic accidents to zero.
Obstructions to economic growth and social development due to gender inequalities, etc. Gender equality, which is one of the basic human rights, and sound relations of mutual trust are achieved in health, education, protection, welfare, social advancement, and labor.
Inequalities in access to medical treatment and nutrition by gender
Climate change due to increased use of fossil fuels Clean energy supply systems become widespread, and shift to renewable energy underway (gasoline cars → EVs).
Efficient power generation and transmission systems become widespread, and the use of highly efficient renewable energy is promoted.
Expansion of poor conditions without stable, well-paid work Elimination of labor shortages and low labor productivity by increasing productivity through innovation and promoting factory automation.
Unemployment increases or remains at high level. Opportunities available for everyone to enjoy reasonable income, anxiety-free workplaces, and family social security.
Fragile infrastructure in developing countries Electrification of infrastructure progresses, and infrastructure foundations are strengthened.
Aging of infrastructure in developed countries Infrastructure is retrofitted to make it resilient.
Labor shortages Labor shortages are supplemented by the diffusion of work support robots, and productivity improves.
Explosive increase in amount of information (IoT, autonomous driving, etc.) Storage capacity ensured by utilizing data center HDDs.
Negative effects of 5G and 6G overcome to realize high-speed, high-volume telecommunications.
Increase of natural disasters due to climate change Damage kept to minimum through utilization of highly accurate predictive detectors, disaster-prevention robots, and technology to transport people and things easily in times of emergency.
Decline of local community functions due to concentration of population in cities Basic living services provided without regional discrimination.
Outflow and leakage of private and personal information Security improved.
Environmental pollution (due to electronic equipment waste) Manufacturing conducted without the use of harmful substances.
Exhaustion of resources Quantitative use of rare resources reduced by the development of new materials.
Use of rare metals and recycled materials promoted, and resource recycling system established.
Recycling-oriented society established.
Sharing economy becomes entrenched.
Procurement-related environmental and human rights problems Responsible procurement activities conducted, including the establishment of proper working environments without any child labor or forced labor.
Climate change due to increased use of fossil fuels Shift to renewable energy underway (gasoline cars → EVs).
Highly efficient renewable energy used.
Energy use improved by fuel-consumption improvement technology.
Resilient business model built to counter climate change.
Disputes, violence, corruption, discrimination Access to judicial system guaranteed for everyone.
Disputes settled through functional political and judicial systems.
Functioning fair trade is maintained.
Society has good public order and enables people to live without anxiety.
17 PARTNERSHIPS FOR THE GOALS
Widening disparities Priority issues tackled in fragile countries, and development assistance conducted commensurate with achievements.
Innovations created in collaboration with customers and business partners.
System of stakeholder engagement established and operated continuously.

Building a Setup to Address the SDGs through Business

The TDK Group is continuing efforts in the next process to identify what countermeasures are available and how TDK’s products and technological strength can be exploited to tackle the global issues specified in the SDGs.

First, in addition to general in-house education, in accordance with company policy, we conducted an in-house dialogue with business groups in Japan and overseas regarding the approach to sustainability that we should be aiming for and the SDGs. After that, of the issues cited in the SDGs, we summarized the discussions that took place in each business group about what issues and targets could be addressed by their own technologies and solutions in the medium and long term and whether there were any technologies and solutions that could be newly created stemming from social issues. Subsequently, the business groups and the Sustainability Promotion HQ promoted repeated discussions and considerations on priority areas and medium- to long-term strategy to achieve the objective of “contributing to the world through technology.”

Furthermore, in parallel with these activities, of the results of considerations in the business groups, we promoted the inclusion of themes that could be realized in the short term in fiscal 2021 business plans.

From now on, we will continue to advance the above discussions, share results and boost communication inside and outside the company, and promote actual activities.

Process:

  1. Implementation of employee educational dialogue to deepen understanding of the SDGs (since June 2018)
  2. Confirmation by questionnaire or interview of what products or technologies possessed by each business group could contribute to the achievement of goals 3, 7, 9, 11, 12, and 13 of the SDGs (May–November 2019)
  3. Inclusion of confirmed contents into the fiscal 2020 business plans of each business group (October 2019 – March 2020)
  4. Promotion of dialogue with business groups and other related parties and consideration of TDK’s priority areas and strategy based on social issues (since April 2020)
  5. Implementation of integrated progress management combining the EX and DX specified in the TDK Group’s materiality with the business areas that TDK focuses on for social value creation and corporate growth (since April 2021)

Building a Setup to Address the SDGs through Business

Building a Setup to Address the SDGs through Business

Business creation starting from social issues

View examples of the TDK Group’s business creation starting from social issues here.

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