Sustainability issues identified through decision process, FY2020 goals, and OMRON's initiatives
Under SF2030, we aim to maximize corporate value by integrating business and sustainability to create both social and economic value. To this end, we have identified for the first time Material sustainability issues as part of our long-term vision, and set sustainability targets in our long-term targets and medium-term management plan (SF 1st Stage).
We have set long-term targets with 2030 as the target year and targets for the medium-term management plan (SF 1st Stage) from fiscal 2022 to fiscal 2024.
Material Sustainability Issues under SF2030 | SF2030 Targets | FY2024 Targets | |
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The state of contributing to the sustainable development of society by resolving the social issues tackled Group-wide, namely, achievement of carbon neutrality, realization of a digital society, and extension of healthy life expectancy from the social change factors focused on in SF2030: an aging population, climate change, and economic disparity among individuals |
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The state of continuously generating new businesses by demonstrating our capability to innovate driven by social needs in both existing and new business domains, through actions such as evolving essential core technology development and incorporating it into business models |
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3 |
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The state of bringing diverse talent together where everyone can succeed, regardless of nationality, gender, or work style, where OMRON provides opportunities for its diverse talent to grow and evolves its human resources management to maximize their capabilities and skills |
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4 |
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The state of building further competitive advantage while solving social issues through reducing greenhouse gas (GHG) emissions in the value chain and establishing a resource recycling model
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5 |
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In line with the UN Guiding Principles on Business and Human Rights, the state of exerting our influence for the respect of human rights for workers not only at OMRON, but also in the value chain, and establishing a culture and system that does not permit or cause human rights violations |
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To achieve SF2030, we have set single-year targets in line with the material sustainability issues.
The targets and results for fiscal 2022 are shown below.
Material Sustainability Issues under SF2030 | KPIs | FY2022 Targets | FY2022 Results | |
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1 | Resolving social issues through our business | Sustainability sales | +15% growth (vs. FY2021) | +28% growth (vs. FY2021) |
2 | Maximizing capability to innovate driven by social needs | New businesses created | 32 candidates created | 37 candidates created |
3 | Generating diverse talent taking on the challenge of value creation | Investment in human resource development | JPY 1.6 billion | JPY 1.61 billion |
Ratio of local staff in core positions overseas | 80% | 80% | ||
Ratio of women in management roles globally | 17.4% | 16.6%*1 | ||
Ratio of employment of people with disabilities at overseas bases | Achieve at 26 bases overseas | Achieved at 27 bases overseas | ||
Ratio of employment of people with disabilities in Japan | 3% | 3.1% | ||
VOICE SEI*2 | 70P or higher | 76P | ||
4 | Achieving de-carbonization and lower environmental impact | Scope1 and 2*3 | 51% reduction (vs. FY2016) | 62% reduction (vs. FY2016) |
Carbon Zero at bases in Japan | 9 bases in Japan | 10 bases in Japan | ||
Scope3 Category 11*4 | 1) Complete optimization of calculation methods | 1) Completed changing the calculation method of the representative formats of IAB, OHQ, and OSS from catalog values to implemented values. | ||
2) Determine products subject to emission reductions and formulate action plans for reductions | 2) Determined products subject to emission reduction for IAB, OHQ, and OSS and completed formulation of action plans | |||
Environmental contribution | Complete redefinition of environmental contribution | Redefined environmental contribution and set a new direction | ||
5 | Respecting human rights in the value chain | Human rights due diligence implementation | Identify human rights issues | Identified 7 potential human rights issues that the OMRON Group will prioritize |
Develop mechanism for remedying human rights abuses | Global: Develop a primary human rights redress mechanism | Global: Established supplier hotlines in all regions | ||
Japan: Establish a pilot human rights redress mechanism using industry mechanisms | Japan: Joined JaCER*5 and began trial operation using industry mechanisms |