OMRON Declares Support for the TCFD Guidance
- February 22, 2019
OMRON Corporation (HQ: Shimogyo-ku, Kyoto, President and CEO; Yoshihito Yamada) has declared its support for the guidance by the Task Force on Climate-related Financial Disclosures (TCFD), an organization established by the Financial Stability Board (FSB).
Recognizing that climate change affects our future sustainable growth, we at OMRON will analyze the risks and opportunities that climate change might pose to our business and disclose related information in accordance with the Task Force on Climate-related Financial Disclosures.
About OMRON's Efforts Against Climate Change
With the understanding that to fulfill our corporate responsibility to fight climate change, one of the most urgent global issues, is to realize Our Mission, "To improve lives and contribute to a better society," which is part of the OMRON Principles, we have identified "sustainability issues and goals (non-financial goals)" in the medium-term management plan "VG2.0" (from 2017 to 2020) and are taking concrete measures on a global basis. In July 2018, we set new medium- and long-term environmental targets under OMRON Carbon Zero and have since been working to reduce greenhouse gas emissions to zero by fiscal 2050.
About the TCFD
The Task Force on Climate-related Financial Disclosures was established by the FSB, an international organization in which central banks and financial regulators of major countries are participating. As of this writing, over 550 organizations, including financial institutions, private enterprises, and governments around the globe, have declared their support for the TCFD Guidance.
About OMRON Corporation
OMRON Corporation is a global leader in the field of automation based on its core technology of "Sensing & Control + Think." Established in 1933, OMRON has about 36,000 employees worldwide, working to provide products and services in 117 countries. The company's business fields cover a broad spectrum, ranging from industrial automation and electronic components to automotive electronics, social infrastructure systems, healthcare, and environmental solutions. For more information, visit OMRON's website: https://www.omron.com/
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