2017_omron_esg_e
6/13 - OMRON Principles and Sustainability Initiatives
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00:08:35.6
This slide pulls together the relationship between the OMRON Principles, the Medium-term Management Plan, VG2.0 and our sustainability initiatives. As noted previously, in 2015 we redefined the Omron Principles. In conjunction with this, we have embarked on a program of enhancing understanding and execution of the Principles in several phases. Why did we choose to redefine the OMRON Principles and focus on instilling a higher level of identification with the Principles at this time? It was because we saw an acceleration in the pace and magnitude of change, leading to diminishing visibility and a higher level of uncertainty in our operating environment. We felt that a renewed focus on the Principles, which reflect what could be viewed as the founding DNA of the organization, would provide the tools for locking in medium- to long-term sustainable growth in these uncertain times. As a result, in formulating the four-year medium-term management plan, VG2.0 which started from FY2017, we chose to focus on contributing to society through our businesses by promoting sustainability initiatives. By integrating the initiatives into the medium-term plan, both day-to-day execution and management are directly tied to the OMRON Principles. We believe this direct linkage has created a framework that will allow us to concentrate on contributing to a better society. Next slide please.
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