Sustainability
Materiality
Fuji Electric aims to develop its activities in regard to the Sustainable Development Goals (SDGs) set out by the international community and create a decarbonized society by putting its corporate philosophy and management policies into practice. The ongoing reinforcement of our operating foundations is vital in working to resolve social and environmental issues and create customer value through our energy and environment businesses. As part of these efforts, we have set out material issues and goals related to the environment, society, and governance (ESG), and are working toward resolving them.
Materiality and Key Issues
Promote energy and environment businesses
<Promote growth strategies>
Increase sales by introducing new products
Increase sales by introducing new products
Key Issues
- Launch new green transformation, digital transformation, and global products
Expand overseas businesses
Key Issues
- Expand businesses through introduction of global market products and regional priority measures
<Further improvement of profitability>
Improve productivity through the utilization of digital technology
Improve productivity through the utilization of digital technology
Key Issues
- Improve productivity using sophisticated production technologies
Promote Environmental Vision 2050
Reduce greenhouse gas emissions
Key Issues
- Reduce greenhouse gas emissions in the supply chain
- Reduce greenhouse gas emissions during production
- Increase use of renewable energy (as a percentage of total electricity usage)
- Provide energy-saving products
Promote circular economies
Key Issues
- Established product design standards in compliance with eco-design regulations
Achieve well-being
Respect for human rights
Key Issues
- Implement human rights due diligence (every other year)
Promote active participation of diverse human resources and Improve employee engagement
Key Issues
- Promote contributions of female employees
- Develop and strengthen management human resources in Japan and overseas
- Promote active participation of senior employees
- Career development support
Strengthen corporate governance
Improve effectiveness of corporate governance
Key Issues
- Continued third-party evaluation of the effectiveness of the Board of Directors and incorporatedthis evaluation into operations
- Reduce cross-shareholding
Rigorous global compliance
Key Issues
- Expand Fuji Electric Compliance Programs
- Promote the Business Ethics Whistle-Blowing Systems
Enhance risk management
Key Issues
- Enhance risk responsiveness through ongoing improvements to business continuity plans (BCPs)
- Strengthen project management
- Strengthen information security
