OMRON ranks Gold Class in S&P Global Sustainability Award

OMRON Corporation has been ranked, for the first time, as “Gold Class” in Sustainability Award selected by S&P Global.

S&P Global, the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, evaluates roughly 7,000 globally prominent companies from economic, environmental, and social perspectives. It selects the top 15 % companies in each industry across 61 industries as a sustainable company to be listed in the Sustainability Yearbook 2021, which is one of the world's most comprehensive publications providing in-depth analysis on corporate sustainability. The companies within top 1% are ranked "Gold Class".

OMRON was rated highly in terms of both environmental and social criteria. In the social dimension, OMRON forged ahead with initiatives for human capital development, human rights, and occupational safety, as well as disclosure. In the environmental dimension, on the other hand, OMRON established its "OMRON Carbon Zero" target in July 2018, which aims to reduce greenhouse gas emissions to zero by 2050, thus accelerating its drive to reduce greenhouse gases produced through its business activities. Meanwhile, following the February 2019 announcement of its endorsement of the TCFD* Declaration, OMRON has been analyzing the risks and opportunities that climate change might pose for its business and is proactively disclosing relevant information.

Following the announcement, Mr. Yoshihito Yamada, President and CEO of OMRON said: “It is a great honour and privilege for OMRON to be selected as one of the top companies to receive the highest global sustainability rating. Going forward, we will take on the challenge to solve social issues through our business by implementing the OMRON principles and continue contributing to the realization of a sustainable and better society.“

*TCFD: Task Force on Climate-related Financial Disclosure

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