Furukawa Electric Group’s Sustainability

Stakeholder Engagement

Building Trust with Stakeholders and Enhancing Corporate Value

Furukawa Electric Group strives to build trust by maintaining and enhancing sound and productive relationships with all stakeholders through communication and dialogue. We believe that these efforts contribute to the sustainable development of society, while also driving the Group’s sustainable growth and enhancing its medium- to long-term corporate value through solving social issues.

Shareholders and Investors

Through timely and appropriate disclosure of information to shareholders and investors, as well as proactive engagement with them, we aim to enhance medium- to long-term corporate value.

Shareholders and Investors

<Key Initiatives>

  • General Meeting of Shareholders
  • Briefings for institutional investors and analysts(financial results; management strategy; briefings by theme), as well as one-on-one meetings
  • Dialogue sessions between outside directors and analysts
  • Briefings for individual investors
  • Information disclosure (corporate website; Annual Securities Reports; Integrated Reports; shareholder newsletters)

Customers

Alongside our efforts to deliver trusted products and services and create value through our business, we strive to address our customers’ challenges and build strong relationships through appropriate communication.

Customers

<Key Initiatives>

  • Maintaining and improving quality
  • Addressing customer challenges by leveraging the strengths of the Group
  • Engagement in day-to-day business transactions (dialogue; ESG questionnaires; factory audits)
  • Information dissemination via corporate website
  • Participation in exhibitions and events

Partners (suppliers)

Through sound and productive communication with our business partners*, we strive to build relationships of trust and promote collaboration and co-creation to realize a sustainable supply chain.

Partners (suppliers)

<Key Initiatives>

  • Partners meeting
  • CSR Procurement, Responsible Minerals Sourcing
  • Self-Assessment Questionnaire (SAQ) based on the CSR Procurement Guidelines, human rights due diligence
  • GHG Emissions Reduction Initiatives in the Supply Chain
  • Partner Recognition Program

Note: Furukawa Electric Group refers to our suppliers as “partners” in value co-creation.

Employees

Through fulfilling our social responsibilities, including respecting human rights, ensuring occupational health and safety, and complying with applicable laws and regulations, as well as through communication and dialogue with employees, we strengthen human capital and organizational execution abilities that contribute to enhancing corporate value.

Employees

<Key Initiatives>

  • Occupational health and safety, and health and productivity management
  • Response to human rights and labor practices, and labor-related risks (management briefing by labor and management; human rights due diligence dialogues)
  • Diversity, Equity & Inclusion (DE&I)
  • Human resource development
  • Employee engagement (dialogue between the President and employees; activities to instill the Purpose)
  • Information dissemination (company newsletters; intranet)
  • “Furukawa E-survey” on human capital and organizational execution abilities

Central Government, Local Governments, and Local Communities

Through fulfilling our social responsibilities, including compliance with laws and regulations and tax obligations, and by working with governments, local authorities, and communities while creating value through our business activities, we contribute to addressing challenges facing international and local communities and promoting sustainability.

Global Environment

<Key Initiatives>

  • Addressing challenges facing international and local communities and creating social infrastructure leveraging the Group’s strengths
  • Industry–academia–government collaboration, participation in government-related projects, and partnership agreements with local governments
  • Dialogue through economic and industry organizations, and cooperation regarding government and local government surveys
  • Climate change initiatives (responses to government policies and administrative measures; participation in initiatives; collaboration with industry organizations)
  • Social contribution activities

Global Environment

Through fulfilling our social responsibilities, including environmental conservation and compliance with environmental laws and regulations, and by promoting our business with due consideration for climate change–related risks and opportunities while reducing environmental impacts across our business activities, we contribute to a sustainable global environment.

Central Government, Local Governments, and Local Communities

<Key Initiatives>

  • Endorsement of and disclosures aligned with TCFD and TNFD
  • Climate change response (reduction of greenhouse gas emissions; use of renewable energy), and the development of a climate transition plan
  • Environmental conservation activities (waste reduction; resource recycling; chemical substance management; biodiversity initiatives)
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