Furukawa Electric Establishes “Furukawa Electric Group Basic Policy on Sustainability” 米兰体育中国官方网站 “Furukawa Electric Group Sustainability Committee”
- Promoting ESG management for sustainable growth 米兰体育中国官方网站 enhancement of the Furukawa Electric Group’s corporate value -
- 米兰体育中国官方网站 Electric has established the “米兰体育中国官方网站 Electric Group Basic Policy on Sustainability”, which describes the Group’s basic concept of sustainability
- The “Furukawa Electric Group Sustainability Committee” has also been established to consolidate discussions on sustainability 米兰体育中国官方网站 further enhance the quality 米兰体育中国官方网站 speed of implementation thereof
- Continued promotion of ESG management to achieve sustainable growth 米兰体育中国官方网站 enhance the Group’s corporate value over the medium-to-long term
Furukawa Electric Co., Ltd. (Head Office: 2-6-4 Otemachi, Chiyoda-ku, Tokyo, President: Keiichi Kobayashi) has established the “Furukawa Electric Group Basic Policy on Sustainability” 米兰体育中国官方网站 “Furukawa Electric Group Sustainability Committee”.
Background
Companies must be able to respond positively both to the ongoing rapid changes in the business environment 米兰体育中国官方网站 to sustainability-related issues, 米兰体育中国官方网站 they must also be able to achieve sustainable growth 米兰体育中国官方网站 increase corporate value over the medium-to-long term. Furthermore, companies are also increasingly required to disclose information on sustainability issues 米兰体育中国官方网站 countermeasures.
Details
Furukawa Electric has established the “Furukawa Electric Group Basic Policy on Sustainability” (hereinafter, “Sustainability Policy”), which lays out the Group’s basic stance on sustainability. Additionally, the “Furukawa Electric Group Sustainability Committee” (hereinafter, “Sustainability Committee”) has also been established to consolidate discussions on sustainability 米兰体育中国官方网站 further enhance the quality 米兰体育中国官方网站 speed of implementation thereof.
About 米兰体育中国官方网站 Sustainability Policy
The Furukawa Electric Group’s mission as set out in its Corporate Philosophy is to contribute to the realization of a truly affluent 米兰体育中国官方网站 sustainable society. This policy clarifies our basic concept for ensuring environmental, social, 米兰体育中国官方网站 economic sustainability for the medium-to-long term 米兰体育中国官方网站 achieving sustainable growth while improving our medium-to-long-term corporate value.
米兰体育中国官方网站 Electric Group Basic Policy on Sustainability
The 米兰体育中国官方网站 Electric Group will:
- in line with its mission of contributing to the realization of a truly affluent 米兰体育中国官方网站 sustainable society, tackle important management issues (materiality) from the perspectives of both revenue opportunities 米兰体育中国官方网站 risks, while focusing on the future of people 米兰体育中国官方网站 the planet.
- in order to have sustainable growth 米兰体育中国官方网站 contribute to the achievement of SDGs (sustainable development goals), strengthen 米兰体育中国官方网站 create businesses that solve social issues, while focusing on capital efficiency 米兰体育中国官方网站 continuing to transform its business through continuous technological innovation centered on material technologies 米兰体育中国官方网站 collaboration with various stakeholders.
- contribute to the sustainable development of society by maintaining 米兰体育中国官方网站 improving sound 米兰体育中国官方网站 positive relationships with all stakeholders through appropriate information disclosure 米兰体育中国官方网站 active communication, while complying with laws, regulations, social norms 米兰体育中国官方网站 ethics in Japan 米兰体育中国官方网站 overseas.
About 米兰体育中国官方网站 Sustainability Committee
The Sustainability Committee was established to consolidate discussions on sustainability within the Furukawa Electric Group 米兰体育中国官方网站 further enhance the quality 米兰体育中国官方网站 speed of implementation thereof.
The committee is chaired by the President, vice-chaired by the General Manager of the Business Basis Transformation Division, 米兰体育中国官方网站 composed of members of top management. It meets to discuss sustainability issues that concern the Furukawa Electric Group 米兰体育中国官方网站 makes proposals 米兰体育中国官方网站 reports to the Board of Directors. The Corporate Sustainability Office serves as the secretariat, 米兰体育中国官方网站 the committee will generally meet twice a year.
米兰体育中国官方网站 Sustainability Committee focuses on 米兰体育中国官方网站 following items:
- 米兰体育中国官方网站 Sustainability Policy
- basic matters 米兰体育中国官方网站 current progress on materiality related to revenue opportunities 米兰体育中国官方网站 risks
- disclosure of basic information related to 米兰体育中国官方网站
- SDG activities 米兰体育中国官方网站 community/social activities
- o米兰体育中国官方网站r important sustainability issues
Additionally, as risk materiality matters are closely related to risk items concerning management of the Group, they are therefore h米兰体育中国官方网站led in coordination with the Risk Management Committee.

Furukawa Electric Group ESG Management 米兰体育中国官方网站 Materiality
In order to realize the goals of Furukawa Electric Group, Vision 2030 (hereinafter, “Vision 2030”), the Furukawa Electric Group is promoting ESG management with the aim of improving its corporate value over the medium-to-long term. The Group has defined “materiality” as important management issues that the Group should address in order to achieve Vision 2030, 米兰体育中国官方网站 we determined materiality in terms of both revenue opportunities 米兰体育中国官方网站 risks. By tackling these issues, we will achieve Vision 2030 米兰体育中国官方网站 contribute to the achievement of SDGs, which are highly related to materiality.
From the perspective of revenue opportunities, we have identified “creating businesses that solve social issues” as materiality. Specific examples of this include “creating businesses that support next-generation infrastructure” 米兰体育中国官方网站 “creating environment-friendly businesses”. Additionally, we are advancing initiatives for “creating businesses that solve social issues” through our “Open, Agile, Innovative” policy, which expresses our aim of becoming a company that changes positively by itself, 米兰体育中国官方网站 “building partnerships with various stakeholders,” which focuses on co-creation with external parties.
On the other h米兰体育中国官方网站, from a risk perspective, in order to achieve sustainable growth, it is essential that companies develop business activities that consider climate change, 米兰体育中国官方网站 we see this as materiality. In addition, in order to become a company that actively transforms itself, we will strengthen the foundation of ESG management by focusing on the materiality of “strengthening human capital management 米兰体育中国官方网站 organizational execution abilities” 米兰体育中国官方网站 “building a governance system for strengthening risk management” including corporate governance.

米兰体育中国官方网站 Electric website “Sustainability” page
米兰体育中国官方网站 Electric Group’s efforts towards the SDGs
Based on the “Sustainable Development Goals (SDGs)” adopted by the United Nations, the Furukawa Electric Group has formulated the “Furukawa Electric Group Vision 2030” which sets the year 2030 as its target 米兰体育中国官方网站 is advancing efforts with the aim to “Build a sustainable world 米兰体育中国官方网站 make people’s life safe, peaceful 米兰体育中国官方网站 rewarding, Furukawa Electric Group will create solutions for the new generation of global infrastructure combining information, energy 米兰体育中国官方网站 mobility.” Toward the achievement of our Vision 2030, we will take open, agile, 米兰体育中国官方网站 innovative approaches to promote ESG management that that aims to increase corporate value over the medium to long term 米兰体育中国官方网站 will contribute to the achievement of the SDGs.
