TDK Wins A Ranking in CDP Supplier Engagement Rating
TDK Corporation has been honored as a Leaderboard company, receiving an A ranking, in global environmental non-profit CDP’s Supplier Engagement Rating 2020. CDP works on environmental issues such as climate change. The CDP also placed TDK on its ‘A List’ (companies receiving an A ranking) for focusing on water security, which was announced last December.
In the Supplier Engagement Rating, the answers provided to the CDP Climate Change Program are used to evaluate the companies by items related to governance, targets, estimation of greenhouse gas emissions in their corporate value chain (SCOPE3), and supply chain engagement. TDK was praised because it promotes environmental activities working with suppliers and discloses SCOPE3 emissions.
Of the over 5,800 companies that were rated by the CDP, approx. 400 companies were selected for the Leaderboard. Inclusion on this list demonstrates that a company is proactively working with its suppliers to ensure that sustainability is present in every part of its value chain. Also, TDK has received an “A-“ranking in the climate change category.
TDK has established the TDK Environmental Charter, consisting of the Basic Principle on the Environment and the Basic Policy on the Environment, which makes up the entire group’s environment policy aimed at contributing to the sustainable development of society.
In line with the Charter, TDK formulated its Environmental Vision and Environmental Action Plan as a fundamental framework for implementing specific environmental activities and initiatives. To pass on a healthier global environment to the next generation, TDK aspires to lead society as it carries out environmental protection activities quickly and effectively with special consideration for climate change and biodiversity. For its supplier engagement initiative in particular, under TDK’s purchasing principle “Global Partnership Purchasing,” TDK has created the “TDK Green Procurement Standard” to work together with suppliers to enhance environmental activities, such as checking suppliers’ environmental activities and providing feedback on the results.
Based on its values, TDK will continue working to resolve social issues through its business. By fully utilizing TDK’s proprietary core technologies and solutions, we will advance the development of a sustainable society and champion well-being for all people.
