Sustainability｜Sustainability ManagementSustainability Promotion Structure
- Sustainability Promotion Structure
- In-house Awareness Raising
- Participation in Initiatives and Associations
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
- Reporting to the Board of Directors (regularly; at least four times a year ) and application for resolutions (if necessary)
- 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 manufacturing sites
- Consideration of the TDK Group’s materiality and summarization of the state of progress
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 to the need for corporate initiatives, and TDK’s approach to sustainability activities and to incorporate them into their own work. Accordingly, we provide lecture-style training programs by job level, such as training for new recruits, as well as e-learning and other programs.
In fiscal 2022, management and head office divisions held dialogues with asset managers, and an e-learning program for all employees was implemented, with 96.4% completing the course. In addition, to promote business development with the SDGs as a starting point in each business group, we have incorporated them into our goals and monitor their progress.
Starting in fiscal 2022, TDK has established a new Sustainability Award. The aim of this award is to commemorate the achievements, and encourage the future activities, of individuals, divisions, or business groups that are considered to have accomplished especially striking results in activities contributing to both society and the TDK Group toward the realization of Social Value, which is one of the three values in our Value Creation. Utilizing this award scheme, we are promoting within the Group challenges to product development stemming from social issues raised in the SDGs and activities leading to the reduction of ESG-related risks.
Participation in Initiatives and Associations
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.
Endorsement of the TCFD*
In May 2019 TDK expressed its support for the Task Force on Climate-related Financial Disclosures (TCFD), which makes recommendations for analyzing and disclosing information on the impact of climate change on corporate finance.*The Task Force on Climate-related Financial Disclosures (TCFD) was founded in 2015 by the Financial Stability Board (FSB), an international body seeking to achieve the stabilization of the financial system.
Membership of the RBA and RMI
In February 2020 the TDK Group joined the Responsible Business Alliance (RBA), the world’s largest industrial coalition dedicated to 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 of workers, health and safety, and the environment in the TDK Group and primary suppliers.
Membership of Other Associations
TDK belongs to the following associations and promotes efforts to solve social issues that are difficult for a single company to tackle.
Click on the name of the organization to go to their website.