Murata’s key issues originating from social issues
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.
Basic policies on identifying 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.
Murata’s material issues
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.
Materiality from fiscal 2022 onward
Materiality from fiscal 2019 to 2021
Process of identifying material issues
We have created a long list of approximately 100 social issues from SDGs, global risks, and internal issues, and have scored each issue in terms of stakeholder importance and importance within 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.