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Sustainability Policy / Committee

Sustainability Policy / Committee

About the Sustainability Policy

The Furukawa Electric Group’s mission as set out in its Corporate Philosophy is to contribute to the realization of a truly affluent and sustainable society. This policy clarifies our basic concept for ensuring environmental, social, and economic sustainability for the medium-to-long term and achieving sustainable growth while improving our medium-to-long-term corporate value.
 

Furukawa Electric Group Basic Policy on Sustainability 

The Furukawa Electric Group will:

  • in line with its mission of contributing to the realization of a truly affluent and  sustainable society, tackle important management issues (materiality) from the perspectives of both revenue opportunities and risks, while focusing on the future of people and the planet.
  • in order to have sustainable growth and contribute to the achievement of SDGs (sustainable development goals), strengthen and create businesses that solve social issues, while focusing on capital efficiency and continuing to transform its business through continuous technological innovation centered on material technologies and collaboration with various stakeholders.
  • contribute to the sustainable development of society by maintaining and improving sound and positive relationships with all stakeholders through appropriate information disclosure and active communication, while complying with laws, regulations, social norms and ethics in Japan and overseas.
     

About the Sustainability Committee

The Sustainability Committee was established to consolidate discussions on sustainability within the Furukawa Electric Group and further enhance the quality and speed of implementation thereof.

The committee is chaired by the President, vice-chaired by the General Manager of the Business Basis Transformation Division, and composed of members of top management. It meets to discuss sustainability issues that concern the Furukawa Electric Group and makes proposals and reports to the Board of Directors. The Corporate Sustainability Office serves as the secretariat, and the committee will generally meet twice a year.

The Sustainability Committee focuses on the following items:

  • the Sustainability Policy
  • basic matters and current progress on materiality related to revenue opportunities and risks
  • disclosure of basic information related to sustainability
  • SDG activities and community/social activities
  • other important sustainability issues

Additionally, as risk materiality matters are closely related to risk items concerning management of the Group, they are therefore handled in coordination with the Risk Management Committee.

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