Within the OMRON Principles, the Management Commitments serve as the core elements in OMRON’s drive to meet its CSR. These commitments clearly stipulate OMRON’s focus on stakeholder engagement in management based on sincere dialogue and mutual trust.

In line with these commitments, OMRON formulated medium-to-long-term CSR strategies and embedded them into its management strategies to effectively promote CSR practices. During the second stage (fiscal 2005-07) of its long-term management plan Grand Design 2010 (GD2010), OMRON conducted CSR activities in accordance with the basic CSR policy established in fiscal 2005.

Basic CSR policy－3 pillars

• Contribute to a better society through business operations.
  Continuously offer advanced technologies, high-quality products and services by stimulating innovation driven by social needs.
• Always demonstrate fairness and integrity in the promotion of corporate activities.
  Promote more transparent corporate activities that maintain fairness and integrity not only through strict compliance with laws, regulations and social rules but also through increased accountability.
• Show a commitment to addressing societal issues as a concerned party.
  Address issues such as human rights, environment, diversity and community relations in a way that draws on OMRON's distinctive strengths.

In fiscal 2007, OMRON determined issues to be addressed during the years leading up to 2010. This process was based on the perception of society 10 years into the future and OMRON’s CSR vision as well as the global community’s expectations in the area of CSR. OMRON then identified high-priority areas selected from many extracted issues along the two axes representing “materiality to OMRON” and “materiality to stakeholders.” During the course of the decision-making process, OMRON engaged in dialogues with stakeholders to collect their views.

In fiscal 2008, OMRON further narrowed down its focus issues by taking quintessentially OMRON qualities and the degree of urgency into consideration.

Issues That Omron Should Address

Materiality to stakeholders：

Level of stakeholder demands/expectations, degree of impact on stakeholders’ decisions from medium-term perspective

Materiality to Omron：

Degree of impact on Omron’s management/business performance from medium-term perspective, necessity for Omron to address, and the gap between Omron’s vision and its current standing

To implement management practices that emphasize stakeholder engagement, OMRON defined three pillars of CSR activities in its basic policy. In fiscal 2008, striving to create a common CSR awareness within the OMRON Group at the global level, OMRON also developed a framework (chart below) that gives an overview of issues that the company will tackle.

The framework consists of activities to address issues related to economy, environment and society, a so-called “triple bottom line,” on top of fundamentals such as corporate governance and internal controls.

Framework of CSR Activities