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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 environmental and social issues (hereinafter, "material issues").
Murata aims to achieve what it wants to be for “Vision 2030” by contributing to achieving a rich society by generating a continuous cycle of social value and economic value by supporting the present, opening the way to the future, and working in harmony with society through co-creation with stakeholders. Murata will continue to define management that creates a continuous cycle of social value and economic value as a part of management transformation in “Medium-term Direction 2027,” which is the second phase in achieving Vision2030. To achieve this continuous cycle, Murata identifies material issues, and promotes initiatives from product and service as well as business process perspectives. Material issues activities are regularly reported to and overseen by the Board of Directors.
Click here for documents for the Medium-term Direction 2027 presentation (corporate information meeting) Link: Corporate Information Meetings / ESG Meeting Link: Medium-Term Direction 2027
Developing an electronic society
Contribute to the development of a convenient, safe, and secure society
Creating a sustainable global environment
Contribute to decarbonization and resource recycling
Coexistence with society
Promote mutual prosperity for all stakeholders
STEP 1 : Extracting environmental and social issues Environmental and social issues were extracted from ESRS, SASB, SDGs, and global risks.
STEP 2 : Identifying and evaluating the impact on the environment and society, as well as opportunities and risks for our company's finances In accordance to the “double materiality” philosophy advocated by CSRD/ESRS, the “impact on the environment and society” as well as “opportunities and risks for our company's finances” were identified and evaluated on Murata’s entire value chain, based on opinions from external stakeholders.
STEP 3 : Identifying material issues These issues were debated within the CSR Management Committee chaired by the President and Management Committee to identify material issues, which were decided by the Board of Directors.