Green OMRON 2020-OMRON Group’s environmental vision based on the OMRON Principles
Environmental Vision: Green OMRON 2020
We created SF2030, a long-term vision toward the year 2030 under which we will implement the OMRON Principles.
The OMRON Group Environmental Policy clearly describes the environmental issues for us to address and action guidelines toward the sustainability-related materialities under SF2030: (1) Solve social issues through our environmental businesses and (2) Achieve decarbonization and reduce our environmental impact.
We strive to solve environmental issues faced by our customers and society, while endeavoring to improve corporate value at the same time. We will achieve these goals by decarbonizing and reducing our environmental impact throughout the value chain, guided by the OMRON Group Environmental Policy.
The OMRON Group (hereinafter referred to as “OMRON”) is committed to fulfilling our corporate responsibility to address the threat of climate change in accordance with the OMRON Principles. Specifically, we have established “Key environmental issues OMRON should address” and “Action Guidelines” as “OMRON Environmental Policy”, and we will promote decarbonization and strive to reduce our environmental impact on this Policy.
To prevent and mitigate climate change-caused significant impact on the ecological system and society, OMRON will strive to reduce greenhouse gas emissions in our value chain. We will practice this idea through measures such as providing products and services that contribute to decarbonization, improving energy usage efficiency, and expanding the use of renewable energy.
To cope with resource depletion and environmental destruction, OMRON will promote transition to a circular economy. We will practice this idea through measures such as seeking to transform our business models, extending product life, expanding recovery & recycling, procuring circular supply, and maximizing resource recyclability.
To ensure and maintain opportunities for activities of wholesome and cultured living aspects for all humankind including future generations, OMRON will work in coexisting in harmony with nature. We will practice this idea through measures such as preventing pollution, managing hazardous chemical substances appropriately, using water resource effectively, conserving biodiversity, and engaging in responsible procurement with sustainability in mind.
OMRON will establish a global environmental management system as we seek to continuously improve our environmental performance. As for the system to assume the responsibility covering OMRON’s entire value chain, the Senior General Manager of the Global Human Resources and Administration HQ, the Senior General Manager of the Global Procurement, Quality and Logistics HQ, and the Senior General Managers of the related business divisions, who have been delegated authority from the President and CEO, will be responsible for promoting measures for environment, respectively. Important environment-related items will be decided on by the Board of Directors, with the execution status of determined matters to be reported by the President and CEO to the Board of Directors, which is responsible for oversight and supervising execution.
OMRON will comply with legal requirements and additionally address issues of the international community to take autonomous action. When expanding our business through M&A and other projects, we will conduct due diligence to identify potential environmental risks and appropriately address the identified risks.
To resolve key environmental issues, OMRON will collaborate with various stakeholders to provide products and services that contribute to a sustainable society.
OMRON will emphasize engagement with customers, investors, suppliers, and various other stakeholders. We will also promote periodic information disclosure conforming to international disclosure guidelines such as Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.
OMRON will provide appropriate education and training to ensure all executives and employees enhance their environmental awareness and work to resolve environmental issues.
OMRON has formulated this Policy with the approval of the Board of Directors. To effectively address environmental issues that may change in response to social trends and the changing business environment, this Policy will be undergone periodic reviews and revisions as required.
(Revised: March 1, 2022)