Participation in Initiatives

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Participation in Initiatives

United Nations Global Compact

Furukawa Electric has been involved the United Nations Global Compact since February 24, 2020. The Group believes that respecting and fulfilling the ten principles of the United Nations Global Compact will lead to the strengthening of the management base in order to continue sustainable growth as a global company.

The Ten Principles of the UN Global Compact

Human Rights: Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and; Principle 2: make sure that they are not complicit in human rights abuses.; Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;; Principle 4: the elimination of all forms of forced and compulsory labour;; Principle 5: the effective abolition of child labour; and; Principle 6: the elimination of discrimination in respect of employment and occupation.; Principle 7: Businesses should support a precautionary approach to environmental challenges;; Principle 8: undertake initiatives to promote greater environmental responsibility; and; Principle 9: encourage the development and diffusion of environmentally friendly technologies.; Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

The Sustainable Development Goals (SDGs)

“Furukawa Electric Group Vision 2030” was formulated to provide clarity for the group’s business domains based on the “Sustainable Development Goals (SDGs)”.
The Sustainable Development Goals (SDGs), set in 2015 by the United Nations Summit and intended to be achieved by the year 2030, are a collection of 17 global goals and 169 targets.

Efforts for the SDGs

Task Force on Climate related Financial Disclosure TCFD

Furukawa Electric has agreed with the recommendations of the Task Force on Climate related Financial Disclosures (TCFD) on January, 2020. At the same time, Furukawa Electric has been involved the TCFD Consortium.

News Release

The Ministry of the Environment, Reduction of GHG emissions ”COOL CHOICE”

Furukawa Electric supports COOL CHOICE, an initiative of the Ministry of the Environment to encourage wise choices including buying products, using services and choosing lifestyles that contribute to a carbon-free society.

The Ministry of Economy, Trade and Industry "GX League"

Furukawa Electric has participated in the "GX (Green Transformation) League" announced by the Ministry of Economy, Trade and Industry (METI) of Japan in April 2023.

Japan Clean Ocean Material Alliance

Furukawa Electric has been a member of the Japan Clean Ocean Material Alliance (CLOMA), which is a platform that helps a wide variety of cross-sectoral stakeholders to collaborate and accelerate innovation to overcome the marine plastic waste issue. The Group has engaged in the recycling of plastic waste to reduce resource use, to protect ecosystems by preventing environmental pollution, and to solve climate change by reducing greenhouse gas emissions.

WIPO GREEN

Furukawa Electric has participated as a partner company in WIPO GREEN, a platform for technology exchange on environmental conservation operated by the World Intellectual Property Organization (WIPO) of the United Nations. The plastic recycling technology that the Company has registered with WIPO GREEN will contribute to waste reduction. By promoting technology exchange through the use of intellectual property, the Company will contribute to the spread of environment-related technologies.

News Release (別窓)

National Federation of UNESCO Associations in Japan

Furukawa Electric is a supporting member of the National Federation of UNESCO Associations in Japan, which works in Japan and overseas primarily in the field of education.

Partnerships with Local Communities to Achieve SDGs

The Company promotes the following initiatives

Registration with the Japanese Cabinet Office's "Public-Private Partnership Platform for Local SDGs
Registration as the Tochigi Prefecture SDGs Promotion Company
Registration as the Kanagawa Prefecture SDGs Partner
Registration as the Mie Prefecture SDGs Promotion Partner

Main participating organizations and Roles

Corporate members of Keidanren (Japan Business Federation)

Chairman of the Japan Copper and Brass Association

Director of the Japanese Electric Wire & Cable Makers' Association

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