Sustainability

Sustainability of the OKI Group

The OKI Group, as described in its corporate philosophy, underpinned by "enterprising spirit," has long aimed to contribute to people around the world through its core business, namely the provision of products and services that can serve the development of the information age. What underlies the Group's CSR initiatives is our commitment to the pursuit and fulfillment of this idea.
Based on this recognition, we enacted the "OKI Group Charter of Corporate Conduct" to ensure the Group as a whole fulfills its social responsibilities precisely in ways that comport with the Group’s corporate philosophy. In addition, in accordance with the Charter, OKI set up the "OKI Group Code of Conduct," to be followed by all OKI executives and employees. This Code of Conduct has been adopted across all Group companies and incorporated into OKI’s educational programs in order to be made well known and compulsory. The Charter and the Code are regarded as the basis for OKI Group Values that all Group executives and employees hold in esteem in their pursuit of increasing corporate value.

Making Initiatives Concrete Based on Materiality

In order to maintain this stance over the long term and "Delivering OK! to your life." as “a corporate group that helps create a safe and convenient infrastructure for customers and society as a whole through the key Japanese concepts of "Mono-zukuri and Koto-zukuri," which is our vision, we will make our environmental, social, and governance initiatives more concrete and promote them based on the materiality specified in Medium-Term Business Plan 2022.

The following table summarizes our environmental, social, and governance (ESG) initiatives implemented in fiscal year 2021.

Creating Social Value

ESG Themes Initiatives for FY2020 to FY2022 FY2021 Results
E
  • Creating products that contribute to solving environmental issues
  • Supporting a circular economy
  • Expansion of environmental contribution products
  • Reduction of life cycle CO2
  • Creation of circular economy projects
  • Achieved net sales of environmentally contributing products of ¥110.3 billion, accounting for 31% of the net sales of the entire Group
  • Reduced CO2 emissions during procurement and product use by 18.1%, with the target set at 25% reduction by FY2030 (compared to FY2020 levels)
  • Completed criteria development for environmentally contributing products and considering their application for six circular economy projects (FY2022 target: 3 projects)
S
  • Creating products that contribute to resolving social issues
  • Promoting value creation in corporate activities
  • Efforts toward social issues indicated in growth strategy
  • Promoted product creation aimed at resolving the seven social issues; launched "Zero Energy High-Sensitivity Camera," which can monitor natural disasters such as river flooding and landslides day and night through solar power generation and advanced power-saving control
  • Internal cultural reforms aimed at innovation
  • Development and securement of human resources who will support Mono-zukuri and growth area businesses
  • Basic training attended by a total of 8,163 Group employees, with the aim of realizing Group-wide participatory innovation
  • Number of Yume Pro Challenge applications increased to 254
  • Trained 310 AI engineers with practical skills, against a target of 300 engineers by the end of FY2022
  • Standardized skill items for hardware engineers in 49 fields and 492 items
G
  • Positioning ESG at the core of management
  • Promotion and evaluation of initiatives based on materiality
  • Held an internal forum on "OKI's Targeted Sustainability Management" featuring the President and heads of related divisions as speakers
  • Developed a CSR survey plan using self-assessment questionnaires for approximately 300 primary and secondary suppliers, and completed surveys of 51 companies targeted in FY2021

Strengthening Management Infrastructure

ESG Themes Initiatives for FY2020 to FY2022 FY2021 Results
E
  • Mitigation of and adaptation to climate change, pollution prevention, and resource recycling
  • CO2 reduction at business sites, strengthening of introduction of renewable energy
  • Strengthening of chemical substance management through standardization of operations
  • Improvement of recycling rate
  • Reduced CO2 emissions from business sites by 4.2%, against a target of 3.1%(compared to FY2020 levels)
  • Purchased 450t-CO2 of renewable energy J-Credits, against a target of 450t-CO2
  • Strengthened chemical substance management through working group activities
  • Achieved a recycling rate of 85.7%, against a target of 83%
S
  • Strengthening of Mono-zukuri infrastructure
  • Strengthening of human rights and labor initiatives
  • Promotion of Virtual One Factory
  • Strengthening of quality initiatives
  • Completed construction of a new plant in the Honjo district, the Group's flagship plant, in April 2022
  • Carried out questionnaires of all OKI Group employees on quality fraud prevention, as well as simultaneous inspections and on-site surveys at production bases
  • Realization of smart work-life
  • Promotion of diversity and inclusion
  • Strengthening of occupational health and safety, health management initiatives
  • Introduced the "System of Working Outside the Commuting Area" to permit employees living outside the commuting area to telework
  • Training programs to support management in telework environments attended by a total of 2,000 employees
  • Realized a female management ratio of 3.6% at OKI, and 5.1% across the OKI Group as a whole
  • Continued to implement the selective Female Leader Development Program
  • Announced the "OKI Group Health Management Declaration" and promoted initiatives through collaborative health systems; 94.7% of employees received stress checks
G
  • Strengthening of corporate governance
  • Internal controls/Risk management
  • Accurate information disclosure and strengthening of engagement (dialogue)
  • Steady improvements based on board effectiveness evaluations
  • Accuracy improvement and entrenchment of risk management
  • Disclosures based on TCFD framework
  • Reliable disclosures regarding materiality initiatives
  • Strengthening of dialogue in IR/SR, etc.
  • Carried out board effectiveness evaluations for FY2021
  • Expanded the scope of business risk identification at OKI business groups to include major subsidiaries
  • Continued disclosures based on the TCFD framework; received an A- rating on CDP climate change
  • Selected as constituent of the FTSE Blossom Japan Sector Relative Index in March 2022 and the FTSE Blossom Japan Index in June 2022

Participation in the United Nations Global Compact

The United Nations Global Compact (UNGC) is a voluntary initiative for participating in the creation of a global framework whereby companies and organizations act as good members of society to realize sustainable growth by demonstrating responsible and creative leadership. Under the commitment of top management, which agrees to subscribe to the 10 principles concerning the protection of human rights, the eradication of unfair labor practices, environmental measures, and anti-corruption, signatory companies and organizations to the UNGC are continuing to make efforts toward these goals.

In May 2010, OKI signed the UNGC to declare its support for the Compact. It also became a member of the Global Compact Network Japan, a local network in Japan. The OKI Group supports the UNGC's 10 principles and will work to contribute to creating a sustainable society.

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.

Labor:

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 labor;
Principle 5: the effective abolition of child labor; and
Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment:

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.

Anti-Corruption:

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Other Main Initiatives/Organizations in Which OKI Participates

Task Force on Climate-related Financial Disclosures (TCFD)

In May 2019, OKI announced its support for the "Task Force on Climate-related Financial Disclosures (TCFD)" recommendations. We will disclose and disseminate information in accordance with TCFD recommendations, and will strengthen our efforts to contribute to the realization of a sustainable society brought about by a virtuous cycle of the environment and the economy.

Japan Climate Initiative (JCI)

In April 2020, as a part of initiatives aimed at contributing to global warming prevention and the achievement of SDGs, OKI joined the "Japan Climate Initiative (JCI)," a network aiming for the realization of a decarbonized society. We will leverage co-creation with a broad range of partners aiming for decarbonization to strengthen our measures against climate change, and will contribute to the realization of a decarbonized society.

Challenge Zero

In June 2020, OKI joined "Challenge Zero (Challenge Net Zero Carbon Innovation)" organized by Keidanren (Japan Business Federation), which aims to encourage companies and organizations to take on the challenge of creating new innovations to realize a decarbonized society. We will take on this challenge of creating new innovations that will lead to products and services which contribute to resolving a wide range of environmental issues.

Reports on misuse of public research funds and misconduct related to research
activities can also be filed from the page that opens when you click the above button.

Special Contents

      Contact

      Contact