Green OMRON 2020-OMRON Group’s environmental vision based on the OMRON Principles
Environmental Vision: Green OMRON 2020
Based on the OMRON Principles, we have established our Environmental Vision, Green OMRON 2020, to achieve our VG 2020 long-term vision.
In Our Mission statement, a better society means an environmentally sustainable society. We will contribute to achieve this through our business activities.
In line with OMRON Principles, we will contribute to realizing sustainable societies, globally, by providing eco-friendly products and services that can contribute to the global environment and by efficient management of resources.
Revised August 1, 2015
Chief Executive Officer
Based on the Policy above, OMRON strives to reduce our burden on the environment from the aspect of the product lifecycle throughout the entire value chain. This value chain begins with product planning, development, and design, and extends to procurement, production, logistics, sales, customer service and maintenance, and resource recovery and reuse or disposal.
Our impact on the product lifecycle in the value chain includes development contractors, suppliers, manufacturing contractors, logistics agents, sales agents, other outsourcing partners, and our customers. Further, related business activities include expansion through M&A and participation in new projects. We endeavor to identify latent environmental risks associated with M&A, reflecting these considerations appropriately in our terms of acquisition and conducting due diligence to form post-merger improvement plans.
In fiscal 2017, OMRON has set out to address below environment-related social issues, in accordance with our identified sustainability issues and long-term goals.
|Issues||Fiscal 2020 Goals|
|Reduction of greenhouse gas emissions||Achieve four percent reduction in greenhouse gas emissions vs. fiscal 2016 result*1|
|Environmental contribution*2 greater than CO2 emissions at production centers|
|Appropriate management and reduction of hazardous substances||Reduction of mercury through the prevalence of digital thermometers and digital blood pressure monitors: 69 tons / year*3|
|Stop use of fluorocarbon (CFC) in fiscal 2018. Stop use of fluorocarbon (HCFC) and mercury (fluorescent lamp use) in fiscal 2020|
|Reduction of waste||Achieve Zero Emission*4 at all global production sites|
|Prevention of air, water, and soil contamination||Perform environmental legal assessments at all global production sites|
|Effective usage of water resources||Reduce water usage at all global production sites by 6% vs. fiscal 2015 result*5|
|Facilitating environmental management||Acquire and maintain ISO 14001 certification at all global production sites|
To improve lives and contribute to a better society, OMRON set new carbon zero goals in July 2018, aiming to eliminate all greenhouse gas emissions of Scope 1 and 2 by the year 2050*1.
Through these initiatives, OMRON intends to reduce greenhouse gas emissions by 32 percent by the year 2030 (compared to 2016). At the same time, we declared our intent to set the target to reduce greenhouse gas emissions based on scientific grounds provided by SBTi*2. We are also considering emissions reductions based on Scope 3*3.
Further, we declared our support for TCFD*4 in February 2019. We intend to provide information disclosures in line with TCFD framework.
OMRON recognizes that climate change impacts the sustainable growth of society and our own businesses. Therefore, in February 2019, we declared our support for the Task Force on Climate-Related Financial Disclosures (TCFD). We intend to pursue group-wide initiatives, disclosing these initiatives and our progress using the TCFD framework.
Incorporating Climate Change Issues Within Sustainability Management Structure
OMRON has defined the following risks and opportunities as group-wide issues at this time:
*Moving forward, through scenario analysis and other measures, OMRON will analyze climate-related risks and opportunities and their financial and social impacts on each business at OMRON to integrate into business strategies, taking into consideration of business models, supply chain, and value chain.
We identify and manage risks in the following manner:
|Metrics and Targets||
Reducing total volume of greenhouse gas emissions