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Despite several recent challenges, including COVID-19 and inflation, Renesas has remained focused on purpose, people and developing products and solutions that directly contribute to building a more sustainable future. We are pleased to share our inaugural report, which demonstrates our commitment and progress in achieving environmental, social and governance (ESG) goals.
As a technology leader, we leverage our expertise and global supplier network to provide complete semiconductor solutions, including energy-efficient appliances for your home and advanced technologies that improve driver safety while reducing environmental risks. We strive to ensure the health and safety of everyone and to have a positive impact on the communities in which we live and work.
We invite you to explore our report and welcome your feedback.
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Environment
“Our goal is to support a sustainable society and promote business activities that enable both environmental conservation and healthy people’s lives.”
Eizaburo Shono
Senior Vice President and General Manager
Production and Technology Unit
2022 HIGHLIGHTS:
- Pledged commitment to carbon neutrality by 2050
- Reduced greenhouse gas emissions 6.6%
- Lower energy consumption through 1.2%
- Obtained SBTi validation on the target for reducing greenhouse gas emissions
- Improved water intensity through 38%
- Achieved water recycling rate of 32%
- Maintained waste recycling rate on 92%
- Obtained third party verification of environmental data
- Endorsed TCFD recommendations and expanded our reporting framework
- In FY2022, Renesas Green Devices accounted for 93% of new product development and approx 60% of total sales including affiliate products (See more details in the report)
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Social
“Our employees are our greatest asset and we have continued to invest in their growth and development.”
Julie Pope
Senior Vice President and CHRO
“Ensuring supply chain resilience and a safe and healthy workplace is our top priority.”
Shuhei Shinkai
Senior Vice President and CFO
2022 HIGHLIGHTS:
- Provided emergency funding and support to our employees in Ukraine
- Additional launched flexibility of the staff initiatives and global employee training
- Hosted multiple Diversity, equity and inclusion seminars and panel discussions
- extensive Diversity Promotion Group And the Women in Technology Employee Resource Group throughout the company
- Creation of the Renesas Electronics Human Rights Policy Group and executed the first human rights due diligence
- Reaches 97% employee participation in the human rights e-learning course
- Received 90%+ supplier’s response to the self-assessment questionnaire and confirmed agreement with our Supplier Code of Conduct
- Obtained ISO 45001 certification for our main production bases in Japan
- Included CDP 2022 Supplier Engagement Leaderboard
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Management
“We have made it our top priority to implement improvements in governance across the three groups Board of Directors, Nomination Committee and Compensation Committee.”
Noboru Yamamoto
Independent director, ESG sponsor
2022 HIGHLIGHTS:
- Achieved board target gender diversity of 20% March 2022
- Completed the first materiality assessment
- Founded one Security Council consisting of the CEO, CFO, General Counsel and the heads of IT and HR
- Strengthens cyber security
- Revised Renesas Global Code of Conduct
Download the report (PDF)
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Sources 2/ https://www.renesas.com/us/en/about/company/sustainability/report2022 The mention sources can contact us to remove/changing this article |
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