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1Furukawa Electric’sBUSINESS DOMAINS
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2Furukawa Electric’sHISTORY
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3Furukawa Electric’sR & D
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4Furukawa Electric’sFUTURE
Aiming at medium to long-term improvement in corporate value based on ESG
Founder’s thoughts and SDGs
Mr. Ichibei Furukawa, the founder of Furukawa Group said “Three valuable things” as a founder’s thoughts. Since its foundation in 1884, Furukawa Electric has inherited these words in its DNA and has grown.
We consider this founder’s thoughts have something in common with SDGs and we contribute to the realization of a sustainable society as members of society who forge the future.
Founder’s thoughts
Sustainable Development Goals (SDGs)
Furukawa Electric Group, Vision 2030
Furukawa Electric determined the year 2030 as a target same as the year SDGs to be achieved. We exhaustively projected the future and put together Furukawa Electric Group Vision 2030.
We are committed to becoming a corporate group that can provide value in society, which is being integrated by advanced information associated with progress in ICT technology. We intend to achieve this goal by expressing our specific target timeframe and areas aimed at by the Group, sharing the vision throughout the entire Group, and bringing together our strengths.
Furukawa Electric Group, Vision 2030
In order to build a sustainable world and make people’s life safe, peaceful and rewarding, Furukawa Electric Group will create solutions for the new generation of global infrastructure combining information, energy and mobility.
Promoting ESG management
Directed at achieving Furukawa Electric Group Vision 2030, Furukawa Electric is openly, agilely and innovatively promoting management aimed at medium to long-term improvement in corporate value based on ESG (environment, social and governance).
Efforts to Strengthen the Foundation of ESG management
April 2019 Established Corporate Sustainability Office
May 2019 Formulated Furukawa Electric Group, Vision 2030
February 2020 Signed United Nations Global Compact
August 2021 Established Furukawa Electric Group Basic Policy on Sustainability and Furukawa Electric Group Sustainability Committee
March 2019 Environmental targets 2030 set
August 2019 Science Based Targets (SBT) certified
January 2020 Expressed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)
December 2020 Selected as CDP Climate Change A-listed company for the first time
March 2021 Formulated Furukawa Electric Group Environmental Vision 2050
June 2019 Strengthened independence of outside directors, enhanced board diversity (All five outside directors are independent and one female outside director appointed)
June 2020 Diversity of outside audit & supervisory board members (appointed one female audit & supervisory board member)
January 2021 Revised Furukawa Electric Group CSR Procurement Guidelines (3rd edition)
June 2021 Reduced one internal director
