To support our growth strategy and ensure the sustainable growth of the company, we recognize that in addition to the expansion of our business divisions, the further evolution of non-financial capital is essential. Based on this understanding, we have positioned enhancing our management foundation as a key management priority.
In particular, regarding human capital, we are actively promoting initiatives such as human resources development, diversity and inclusion, work-life balance, and health and productivity management to enhance employee engagement. Starting in October 2024, we will launch an employee attitude survey (conducted annually) to monitor changes in employee engagement and evaluate the effectiveness of our initiatives, enabling us to implement highly effective measures.
As part of our efforts to address sustainability issues, the Oiles Group set a target in 2021 to reduce total CO₂ emissions by 46% compared to FY2013 levels by FY2030. Building on this, from FY2023, the Group has set a goal to achieve carbon neutrality by 2050. We are promoting this through proactive capital investment, not only to reduce CO₂ emissions from our own facilities, but also to contribute to reducing environmental impact through our core business by providing products and technologies that support environmental protection. These include the commercialization of Biomass Plastic Bearings, and initiatives targeting electric vehicles, renewable energy, and hydrogen energy.
We believe that our technologies and products have strong potential to contribute to the global environment, and we remain committed to advancing product development and technology development to support a more sustainable future.
