In starting/renewing industry associations membership, we regularly review and monitor the associations' activities, to ensure that their positions are aligned with our stance to support the Paris Agreement, our business objectives, focus areas, and business activities. Should we identify significant misalignments with the organization which we are a member of, we will move forward to take escalation steps. The steps may include, but are not limited to: * Issuing an official statement to distance ourselves from the association/initiative * Engagement with clear timelines * Withdrawing funding * Ending membership In fiscal 2023, there were no significant misalignments found with the trade associations we were in.
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https://www.omron.com/global/en/sustainability/environ/climate_change/response/
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Climate change initiatives are designated key sustainability issues under Mid-term Plan VG 2.0, with monitoring and oversight by the board [...] The executive divisions responsible for achieving each target share the annual target, the implementation of specific plans, and progress at the Sustainability Committee and Executive Council, and discuss solutions to any issues that may arise. The results are then reported to the Board of Directors at least once a year to discuss the appropriateness of the target level and progress. The Board of Directors monitors and oversees our efforts to address climate change as one of the key sustainability issues in our mid-term management [...] HQ department responsible for environmental management works with each business company to set targets, formulate plans and support execution [...] Under the overall responsibility of the President and CEO, the Global Human Resources & Administration HQ, a functional division of the head office, is in charge of setting and managing overall targets for reducing the Group's greenhouse gas emissions, while each business company implements specific measures. The progress and issues will be reported to the Executive Council on the previous page, where the issues will be discussed.
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https://www.omron.com/global/en/assets/file/ir/irlib/esg/20210301_esg_presentation_script_e.pdf
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Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]- OMRON on March 1, 2022, as a key guideline for promoting and achieving the goals of the key sustainability issues (materiality) of the long-term vision "SF2030": "Solving social issues through business" and "Realizing decarbonization and reduction of environmental impact". Environmental Policy" was revised on March 1, 2022 as an important guideline to achieve our goals. - The Environmental Policy defines the key environmental issues to be addressed and the action guidelines, and is working to decarbonize and reduce the environmental impact of our operations. - Based on the Environmental Policy and Sustainability (Materiality), OMRON supports the Law Concerning the Promotion of Measures to Cope with Global Warming and actively participates in industry associations and initiatives that are consistent with our thinking and direction, and promotes climate change mitigation and adaptation to climate change in order to resolve climate change issues. - We regularly review the campaigns of industry associations to ensure that there is no significant conflict between their ideas and ours, and consider withdrawing from them if there is a significant divergence.
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CDP Questionnaire Response 2022
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