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With the digitization of all types of objects, the potential for business opportunities that will lead to future growth is greatly expanding. Meanwhile, environmental and social risks are becoming increasingly serious, and in order for companies to grow sustainably, we believe that it is our duty to incorporate non-financial issues such as ESG into our management strategies and prioritize harmonization with Murata’s stakeholders as we do business. Therefore, we considered fiscal 2019 as a period for reevaluating once again the relationship between social issues and Murata as well as our areas of contribution and started identifying key issues (hereinafter, "material issues") originating from social issues. With the formulation of our three-year medium-term policy, we are reevaluating material issues.
In our work on social issues thus far, Murata has adopted an approach of “taking the initiative for the better environment and society” defined by our slogan “Innovator in Electronics.” This identity shall be shared and valued by all employees of the Murata Group around the world. We will continue to value this ideal. Murata’s basic policy is to contribute to resolving social issues through its business operation.
We have once again defined our focus areas in terms of material issues. We will continue to help solve social issues by applying Murata's technologies in bringing innovation, and will continue to improve how our overall business contributes to society.
Contribute to solving social issues through our business
Initiatives on social issues through business activities overall
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E : Environment
Strengthening Murata’s response to climate change Use of sustainable resources Preventing pollution and managing chemical substances
S : Social
Secure and safe workplace and health management Respect for human rights and diversity Coexistence with local communities
G : Governance
Appropriate business transactions Business continuity management (BCM) Information security
We have created a longlist of approximately 100 social issues based on the SDGs, global risks, and internal issues, and taking into account our consultations with external experts, we have scored each issue in terms of importance to stakeholders and importance to Murata. These issues were also debated within the CSR Management Committee chaired by the President to identify material issues, which were decided by the Board of Directors.