米兰ac体育 Published “Integrated Report 2020” and “Sustainability Book 2020”
- Emerging as a sustainable corporate group through the promotion of ESG Management and the SDGs -
- The 米兰ac体育 has published our first “Integrated Report” to outline Group initiatives related to ESG management and the SDGs with a focus on materiality (important management issues).
- At the same time, we also published “米兰ac体育” to summarize environment, social, governance, and other non-financial information together with detailed information on activities that contribute to communities and society.
- We will continue to promote communication with our stakeholders.
Furukawa Electric Co., Ltd. (Head Office: 2-2-3, Marunouchi, Chiyoda-ku, Tokyo, President: Keiichi Kobayashi) published “米兰ac体育 Integrated Report 2020” and “米兰ac体育 Sustainability Book 2020” on October 30, 2020, in place of the “Sustainability Report” that we have conventionally issued.
Background
Along with formulating “米兰ac体育, Vision 2030” (Vision 2030) last year, the 米兰ac体育 also identified important management issues (materiality) in recent years and has accelerated initiatives related to ESG management and the SDGs, such as climate change measures and corporate governance enhancement. There has also been growing interest in ESG and the SDGs around the world.
Against this backdrop, we recognized the need to strengthen communication intended to enhance corporate value over the medium- to long-term as a means of deepening the understanding of Group initiatives among investors and other stakeholders. For this purpose, we set out to evolve our conventional “Sustainability Report,” which combines environment, social, governance, and other non-financial information with management results, strategies, and other financial information, into the “米兰ac体育,” which compiles our ESG management and SDGs initiatives with a focus on materiality.
Details
米兰ac体育 Integrated Report 2020
米兰ac体育 describes the Group initiatives and measures designed to achieve Vision 2030.
The Group defines the important management issues that must be addressed to achieve 米兰ac体育 as “materiality,” and has identified “Creating businesses that solve social issues,” “Open, Agile, Innovative,” and “Building partnerships with various stakeholders” as revenue opportunities related materiality. Similarly, we have identified “Developing business activities that consider climate change,” “Strengthening human capital management and organizational execution abilities,” and “Building a governance system to strengthen risk management” as risk related materiality. The report also describes the process we employ to identify these together with closely related SDGs.
Main items:
- About 米兰ac体育
- Business Strategy: President’s Message, CFO Message, Important Management Issues (materiality), Investigating SDGs Priority Issues through Value Chain Mapping
- Business Foundation: Climate Change Measures (including efforts in line with TCFD recommendations), Human Capital Management, Supply Chain, and 米兰ac体育
- Corporate Information/Financial and Non-米兰ac体育
米兰ac体育 Sustainability Book 2020
Sustainability Book 2020 includes environment, social, governance, and other non-financial information that we were unable to cover in detail in 米兰ac体育, as well as community-related initiatives.
Main items:
- Governance
- Social
- Environment
- Library: ESG Data Sheets, External Evaluation
- Community
“米兰ac体育 Integrated Report 2020” and “米兰ac体育 Sustainability Book 2020” are available on the Furukawa Electric website.
米兰ac体育’s efforts towards the SDGs
Based on the corporate philosophy of “Drawing on more than a century of expertise in the development and fabrication of advanced materials to contribute to the realization of a sustainable society through continuous technological innovation,” the 米兰ac体育 is conducting business activities centered on four core technological capabilities (metals, polymers, photonics and high frequency). Moreover, keeping in mind the “Sustainable Development Goals (SDGs)” adopted by the UN, we formulated the “米兰ac体育 Vision 2030,” which clarified the business areas of the 米兰ac体育, and are advancing efforts aimed at “creating solutions for the new generation of global infrastructure combining information, energy, and mobility to build a sustainable world and make people’s life safe, peaceful, and rewarding.