TDK Co., Ltd. (TSE: 6762) is recognized by the global environmental non-profit organization CDP for its outstanding performance in corporate sustainable development and has a place in the “A-list” for water safety. This is the second time TDK has been selected by CDP as an “A-listed company” in this category, which also shows that TDK continues to attach importance to sustainable development.
CDP is a global non-profit organization that promotes companies and governments to reduce greenhouse gas emissions, protect water resources, and protect forests. In 2021, more than 13,000 companies with a total market value exceeding 64% of the global market value disclosed environmental data through CDP, and were highly praised by 12,000 companies evaluated.
TDK has formulated the “”, and regards this as the overall environmental policy of the TDK Group. It consists of two parts, “Basic Concept of Environment” and “Basic Environmental Policy”, and aims to achieve sustainable social development. According to the charter, TDK also planned and formulated a basic plan for specific actions, an environmental blueprint and a basic environmental plan, and worked hard to put them into practice. In order to let more people realize the importance of water as a natural resource, TDK has set a goal to reduce water consumption and is committed to grasping and managing the development of water risks.
In TDK’s new medium-term plan “Value Creation 2023”, the pursuit of “social value” is the goal of all business activities, which aims to contribute to the realization of a sustainable society by solving social problems. We will achieve a cycle that will further enhance the “social value” while increasing the “commercial value” and “asset value”. In addition, TDK was rated as A- for climate change as it was last year.
In addition, in order to achieve 2CX (customer experience and consumer experience), we will provide solutions that satisfy customers and consumers and an experience that exceeds expectations. Our goal is to solve digital transformation (DX) and energy transformation (EX). The two major social issues have become a truly valuable company.
Based on this principle, the TDK Group will quickly and effectively carry out environmental protection activities taking into account climate change, biodiversity and resource limitations. The company will promote the development of a sustainable society through innovative core technologies and solutions to ensure that future generations around the world have access to clean and safe water supply.
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About TDK Corporation
Headquartered in Tokyo, Japan, TDK Co., Ltd. is a world-leading electronics company that provides Electronic solutions for the intelligent society. TDK is established on the basis of proficiency in materials science, and has always been at the forefront of technological development, and with “science and technology, attracts the future”, to welcome social changes. Founded in 1935, the company mainly deals in ferrite, a key material used in electronic and magnetic products. TDK’s comprehensive and innovative-driven product portfolio includes passive components such as ceramic capacitors, aluminum electrolytic capacitors, film capacitors, magnetic products, high-frequency components, piezoelectric and protection devices, as well as sensors and sensor systems (such as temperature and pressure, magnetic And MEMS sensors). In addition, TDK also provides power supplies and energy devices, magnetic heads and other products. Product brands include TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on areas such as automotive, industrial and consumer electronics, and information and communication technology markets. The company has a network of design, manufacturing and sales offices in Asia, Europe, North America and South America. In the 2021 fiscal year, TDK’s sales totaled USD 13.3 billion, with approximately 129,000 employees worldwide.
Introduction to CDP
CDP is a global non-profit organization that promotes companies and governments to reduce greenhouse gas emissions, protect water resources, and protect forests. We are rated as the number one climate research provider by investors. We work with institutional investors with assets of up to 110 trillion U.S. dollars to use the power of investors and buyers to incentivize companies to disclose and manage their environmental impacts. In 2021, more than 13,000 companies with a total market value exceeding 64% of the global market value have disclosed environmental data through CDP. In addition, hundreds of cities, countries, and regions have disclosed environmental data, which makes the CDP platform one of the world’s richest sources of information on how companies and governments promote environmental changes. CDP is one of the founding members of the “Global Business Climate Alliance”.