Toshiba Group promotes participation and collaboration with industry associations, government bodies, international organizations, NGOs/NPOs and other external CSR organizations and initiatives.
Toshiba Group is a member/supporter of the following CSR-related organizations and initiatives:
UN Global Compact
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 declares its compliance with such citizenship initiative in the President’s message sent outside the company and also clarifies the implementation progress of the ten principles of the Global Compact by submitting a COP advanced level report once per year.
Then President Tadashi Okamura signed the Global Compact in January 2004.
10 Principles of the UN Global Compact
1. Businesses should support and respect the protection of internationally proclaimed human rights; and
2. make sure that they are not complicit in human rights abuses.
3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
4. the elimination of all forms of forced and compulsory labor;
5. the effective abolition of child labor; and
6. the elimination of discrimination in respect of employment and occupation.
7. Businesses should support a precautionary approach to environmental challenges;
8. undertake initiatives to promote greater environmental responsibility; and
9. encourage the development and diffusion of environmentally friendly technologies
10. Businesses should work against all forms of corruption, including extortion and bribery.
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 board member and 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. At the annual general conference held online in October 2021 (18th STS Forum), executive officer of the Company participated as a speaker at a session themed around quantum, and introduced the Toshiba Group’s Quantum Key Distribution (QKD) and Simulated Bifurcation Machine (SBM) quantum technologies. He also gave a lecture on the current situation regarding quantum-utilizing technologies and the challenges for societal implementation.
Participation in BSR
Business for Social Responsibility (BSR) is a global nonprofit organization for promoting activities of sustainability which was established in the U.S. in 1992. BSR has over 250 members comprising global organizations and companies, and Toshiba joined in 2003. Since joining, we have participated in human rights working groups and seminars held by BSR.
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 5 to 15 years, which are consistent with those of the Paris Agreement. Toshiba Group to achieve carbon neutrality throughout its entire value chain by FY2050, as a milestone, and we aim to reduce GHG emissions by 70% by FY2030 compared to the FY2019 level. In 2020, the reduction target was approved by the SBT initiative as aligned with the science-based targets required by the Paris Agreement. Going forward, we aim to have our approval renewed under the SBT initiative's new standard.
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 endorsed its support for the TCFD recommendations released in 2017, and will actively promote information disclosure on the financial impact of climate change. Toshiba Group also participates in the TCFD Consortium, which aims to encourage endorsing institutions in Japan to work together to enhance ESG information disclosure.
Participation in CDP
CDP is an international non-profit organization that calls on businesses and regional governments to promote environmental initiatives. In FY2022, Toshiba Group received an "A-" rating for the response to climate change and "B" rating for water security in surveys conducted by CDP. In addition, in the Supplier Engagement Rating, which is an assessment of responses to selected questions closely related to supplier engagement, Toshiba Group was recognized as a “Supplier Engagement Leader”.
Participation in GX League
GX* League was established as a framework for business groups with ambitious targets towards carbon reduction to voluntarily trade emissions to achieve their goals while investing in emissions reduction. The league is full operation in FY2023 (secretariat: Ministry of Economy, Trade and Industry, among others). Through this framework, we aim to create an environment in which Japanese companies that take on the challenge of becoming carbon neutral can lead the transformation of the entire economic and social system and the creation of new markets, and demonstrate their competitiveness in international business. Toshiba Group will participate in verification processes and discussions of the league’s collaborative efforts among industry, government, and academia, and contribute to achieving carbon neutrality by 2050 and realizing a sustainable and growing society.
- Abbreviation of green transformation
Participation in 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.”
Participation in the 30by30 Alliance for Biodiversity
The 30by30 Alliance for Biodiversity is a coalition of front-runners and supporters (secretariat: Ministry of the Environment) established to promote pioneering initiatives within Japan and disseminate its initiatives to achieve the 30by30 target of protecting 30% of the land and sea areas by 2030, which will be set out in the post-2020 Global Biodiversity Framework. In Japan, the 30by30 Roadmap was formulated to achieve the 30by30 target in Japan. Among the items listed in the roadmap are the expansion of protected areas such as national parks and improvements to the management thereof, the designation and management of areas outside of protected areas that may help conserve biodiversity, and the visualization of the importance of biodiversity and the effects of conservation efforts. As a member of the 30by30 Alliance for Biodiversity, Toshiba Group aims to contribute to the target through its initiatives including biodiversity conservation activities in domestic sites and provision of support to the management of areas included in the 30by30 target that lie outside of those sites.
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