Participation in External CSR Organizations
Toshiba Group promotes participation and collaboration with industry associations, government bodies, international organizations, NGOs/NPOs and other external CSR organizations and initiatives.
UN Global Compact
Then President Tadashi Okamura signed the Global Compact in January 2004.
In January 2004 Toshiba joined the United Nations Global Compact, pledging to adhere to universal principles covering human rights, labor and the environment. The Global Compact is a voluntary corporate citizenship initiative proposed by then UN Secretary-General Kofi Annan in 1999 at the World Economic Forum (annual meeting in Davos). The Global Compact envisages that in the course of business, companies’ fulfillment of their corporate social responsibilities through compliance with internationally recognized principles concerning human rights, labor, the environment and anti-corruption will lead to the world’s sustainable development.
As a signatory of the United Nations Global Compact, in 2007, Toshiba participated as an advisory in the project utilizing GRI guidelines for “Communication on Progress (COP),” a report of the progress on the implementation of Global Compact principles.
Toshiba clarifies the implementation progress of the ten principles of the Global Compact by submitting a COP advanced level report once per year.
The Responsible Business Alliance (RBA) is the electronics industry’s CSR promotion organization committed to fulfill CSR for labor, occupational health and safety, the environment, and ethical standards throughout the supply chain. It was founded in October 2004, and more than 190 companies have joined world-wide. Toshiba joined in June 2011 to promote CSR across the supply chain based on a global standard.
- *EICC changed its name to RBA in October 2017.
Participation in the STS Forum
The Science and Technology in Society (STS) forum is a platform which aims to ensure appropriate development of science and technology, gathering scientists, policymakers, business leaders, journalists, and others in one place to discuss and exchange opinions about issues related to science and technology as well as society from the perspective that these are issues shared by humanity. Toshiba has participated in the STS Forum since 2004 as a council member and actively involved in setting directions of the forum's activities. In addition to attending annual general conferences, we also participate in science and technology dialogues held in countries around the world, including India and Kenya.
Participation in BSR
Business for Social Responsibility (BSR) is a global nonprofit organization for CSR activities which was established in the U.S. in 1992. BSR has over 250 members comprising global organizations and companies, and Toshiba joined in 2003. We held stakeholder dialogue facilitated by BSR, and participated in Study Forums on human rights and supply chain CSR.
Participation in CBCC
Council for Better Corporate Citizenship (CBCC) is an association, established in 1989 by Keidanren (Federation of Economic Organizations), which facilitates the acceptance of Japanese companies by regional communities overseas as good corporate citizens, and more recently, promotes CSR activities and assists companies in their practice. Toshiba joined CBCC from its establishment, and currently takes part in activities as a member of the planning committee.
Acquired Approval of the Science Based Targets (SBT)
The Science Based Targets (SBT) are the targets set by companies to reduce greenhouse gas emissions five to 15 years ahead, which are consistent with those of the Paris Agreement. Toshiba Group has set a target for reducing the amount of greenhouse gas emissions throughout its entire value chain by 50% by FY2030 compared to those of FY2019. In 2020, the reduction target was approved by the SBT initiative as aligned with the science-based targets required by the Paris Agreement.
Endorsing the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)
TCFD is a private-sector task force established in 2015 by the Financial Stability Board in order to enhance climate-related information disclosure of companies. Toshiba Group expressed its support for the TCFD recommendations released in 2017, and will actively disclose information on the financial impact of climate change. Additionally, Toshiba Group has become a member of the TCFD Consortium, a Tokyo-based initiative dedicated to promoting the goals of the TCFD, a step which leads to the enhancement of our own ESG information disclosure.
Establishment of the Carbon Neutral LNG Buyers Alliance
Toshiba Corporation and 14 other companies have come together to establish the Carbon Neutral LNG (CNL) Buyers Alliance on March 9, 2021. The Alliance was established through the concerted efforts of Tokyo Gas Co., Ltd., which procures and supplies CNL, and the remaining companies, which purchase CNL, with the aim of spreading the use of CNL and increasing its utility value toward the achievement of a sustainable society. Choosing carbon neutral energy is an important solution that will contribute toward tackling climate change and the SDGs, as well as directly lead to ESG management.
The companies participating in the Alliance will work to increase the recognition of CNL in society and carry out initiatives to improve its evaluation by investment institutions and establish its position within the various systems in Japan with the aim of contributing toward Japan’s achievement of a carbon neutral society by 2050.
Participation in Japan Climate Initiative (JCI)
In July 2018, Japanese companies, local governments, research institutions, and NGOs established Japan Climate Initiative (JCI). It is a network committed to strengthening communication and exchange of strategies and solutions among all actors that are implementing climate actions in Japan. More than 600 organizations in Japan became the members of JCI today. Toshiba Group became a member of JCI in FY2020, supporting the network’s declaration of “Joining the front line of the global push for decarbonization from Japan.”