Denso bares sustainability, corporate value improvement strategy at annual Dialog Day
Denso has announced its sustainability management strategy and its corporate value improvement strategy during its annual Dialog Day.
KEY TAKEAWAYS
What strategies are incorporated in “The Five Flows?”
Per Denso, the strategies incorporated in “The Five Flows” are Free Movement of People, Flow of Goods, Energy Utilization, Minimization of Resource Requirements, and Flow of Data.What strategies did Densi reveal for its corporate value improvement strategy?
As for Denso’s corporate value improvement strategy, the automotive components company said that it will promote sustainability management and strengthen its corporate foundation.“To date, Denso has been striving to create a ‘cycle of well-being’ by growing and developing together with everyone in the automotive industry. As part of our efforts to expand this cycle of well-being from mobility to broader society, we have focused on ‘The Five Flows,’ which are: Free Movement of People, Flow of Goods, Energy Utilization, Minimization of Resource Requirements, and Flow of Data. Denso will work to realize a ‘well-being cycle society”’ in which happiness can circulate more widely by interconnecting and integrally controlling ‘The Five Flows.’” said Denso Corporation President and Chief Executive Officer (CEO) Koji Arima.
Denso’s sustainability management strategy involves a recycling-oriented society “that never stops social activities and responds to diverse values and well-being.” To this end, Denso will work on “The Five Flows,” which are Free Movement of People, Flow of Goods, Energy Utilization, Minimization of Resource Requirements, and Flow of Data.
Per Denso, Free Movement and People and Flow of Goods will bring about initiatives that aim to eliminate fatalities from traffic accidents and realize a logistics system that combines automated driving and advanced operating systems.
Meanwhile, Energy Utilization and Minimization of Resource Requirements will deal with utilizing and combining various types of energy sources to realize carbon neutrality as well as using only the necessary resources when producing their goods.
Finally, Flow of Data will see a standard data platform that connects supply chains with data and apply it to battery traceability systems for electric vehicles.
As for Denso’s corporate value improvement strategy, the automotive components company said that it will promote sustainability management and strengthen its corporate foundation.
“Furthermore, Denso will make future investments of 10 trillion yen over the next 10 years. As top management, I will seek partners who share our ‘2035 Vision’ while enhancing our ability to achieve it,” the company CEO stated.
Photos from Denso
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