OMRON Was Ranked “Gold Class” in S&P Global Sustainability Award for the First Year
- March 03, 2021
OMRON Corporation (HQ: Shimogyo-Ku, Kyoto. President and CEO: Yoshihito Yamada) announced today that it has been ranked, for the first time, as “Gold Class” the highest ranking in Sustainability Award selected by S&P Global, the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets. OMRON is listed in the Sustainability Yearbook 2021, one of the world's most comprehensive publications providing in-depth analysis on corporate sustainability.
S&P Global evaluates roughly 7,000 globally prominent companies from economic, environmental, and social perspectives and selects the top 15 % companies in each industry across 61 industries (78 Japanese companies including OMRON were selected) as a sustainable company and listed in the Sustainability Yearbook 2021. The companies within top 1% ranked "Gold Class" (6 Japanese companies including OMRON were selected).
This time, OMRON was rated highly in terms of environmental and social criteria. In the Social dimension, OMRON forged ahead with initiatives for human capital development, human rights, and occupational safety, as well as disclosure. In the environmental dimension, on the other hand, OMRON established its "OMRON Carbon Zero" target in July 2018, which aims to reduce greenhouse gas emissions to zero by 2050, thus accelerating its drive to reduce greenhouse gases produced through its business activities. Meanwhile, following the February 2019 announcement of its endorsement of the TCFD* Declaration, OMRON has been analyzing the risks and opportunities that climate change might pose for its business and is proactively disclosing relevant information.
Following the announcement Mr. Yoshihito Yamada, President and CEO of OMORN said:
“It is a great honor and privilege for OMRON to be selected as one of the top 70 companies to receive the highest global sustainability rating. Going forward, we will take on the challenge to solve social issues through our business by implementing the OMRON principles and continue contributing to the realization of a sustainable and better society.“
* TCFD: Task Force on Climate-related Financial Disclosure
OMRON's Sustainability Initiatives
OMRON identified its material sustainability issues that it seeks to resolve, including social issues to be solved through business in our focus domains and issues to be tackled in order for us to answer the expectations of our stakeholders by shoring up our business foundation.
About S&P Global
About the Sustainability Yearbook 2021
About OMRON Corporation
OMRON Corporation is a global leader in the field of automation based on its core technology of "Sensing & Control + Think." OMRON's business fields cover a broad spectrum, ranging from industrial automation and electronic components to social systems, and healthcare. Established in 1933, OMRON has about 30,000 employees worldwide, working to provide products and services in around 120 countries and regions. For more information, visit OMRON's website:https://www.omron.com/
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