OMRON Recognized as Supplier Engagement Leader, the Highest Accolade in the CDP Supplier Engagement Rating
- March 24, 2023
OMRON Corporation (Headquarters: Shimogyo-ku, Kyoto; President and CEO: Yoshihito Yamada) announced today that it has been recognized as a Supplier Engagement Leader in the Supplier Engagement Rating (SER) conducted by CDP*1, a global non-profit that runs a global environmental disclosure system. OMRON received the highest rating in SER for the first time.
SER assesses how effectively companies engage with their suppliers to address climate change challenges. The companies receiving the highest rating are awarded the status of Supplier Engagement Leaders. In 2022, the top 8% of the companies that responded to the CDP Climate Change Questionnaire 2022 (full version) (653 global companies, of which 131 were Japanese companies) were selected as such.
In its long-term vision, Shaping the Future 2030, which was kicked off in April 2022, OMRON identified “resolving social issues through our business” and “achieving de-carbonization and lower environmental impact” as its material sustainability issues in an effort to realize a carbon-neutral society through the provision of its products and services and achieve carbon neutrality at its sites. In October 2022, OMRON became the first Japanese company in the manufacturing industry to join EP100, a global initiative to improve energy efficiency. By providing technologies and solutions that utilize field data, OMRON is accelerating its efforts to decarbonize production floors throughout the value chain. Moreover, OMRON declared OMRON Carbon Zero, which aims to reduce greenhouse gas (GHG) emissions from its sites to zero by 2050, thus expediting Carbon Zero at all 76 sites in Japan by the end of FY2024 while expanding energy saving and energy generation at all global sites. In addition to Scope 1 and 2, OMRON has set a GHG emissions reduction target of 18% by FY2030 (base year: FY2016) for Scope 3 category 11 and acquired a certification from the Science Based Targets initiative*2 (SBTi).
OMRON considers this award to be a result of the high recognition of its commitment to reducing GHG emissions throughout the value chain. OMRON will strive to sustainably increase its corporate value by transforming the challenges posed by carbon neutrality into its competitive edge to meet the expectations of its stakeholders, while remaining committed to the fulfillment of its responsibility to the earth and society.
A global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests.
*2 SBTi (Science Based Targets Initiative)
An international initiative that recommends setting medium- and long-term greenhouse gas reduction targets based on scientific evidence.
Details of OMRON's sustainability initiatives can be found in its Integrated Report and Sustainability website pages.
<Integrated Report 2022>
<Long-term vision, Shaping the Future 2030>
At OMRON we innovate for a sustainable future
About OMRON Corporation
OMRON Corporation is a leading automation company with its core competencies in Sensing & Control + Think technology, and is engaged in a wide range of businesses including industrial automation, healthcare, social systems, and electronic components. 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, please visit https://www.omron.com/global/en/