TDK named climate leader on CDP’s Annual ‘A-List’ for global water stewardship for the third consecutive year

• TDK achieved “A” rank for water security
• TDK also secured “A-” ranking in the climate change category for the third consecutive year
• TDK continues to prioritize sustainability as part of its commitment to society and pursuit for creation of social value

TDK Corporation (TSE:6762) has been recognized for its leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A-List’ for focusing on Water Security. This selection marks the third time CDP named TDK an "A-List Company," in this category, signaling TDK’s continued prioritization of sustainability.

CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources, and protect forests. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2022, over 680 investors with more than 130 trillion USD in assets and 280 major purchasers with 6.4 trillion USD in procurement spend requested that companies disclose data on environmental impacts, risks and opportunities through CDP’s platform and a record-breaking 18,700 companies responded. Based on data reported through CDP’s 2022 Water Security questionnaire, TDK is one of a small number of companies that achieved an ‘A’ - out of more than 10,000 companies scored. Additionally, TDK secured an “A-” ranking in the climate change category for the third year running, reinforcing TDK’s focus on a sustainable future.

TDK has established the TDK Environmental Charter, consisting of the “Basic Principle on the Environment” and the “Basic Policy on the Environment,” which makes up the entire group's environment policy aimed at contributing to the sustainable development of society. In line with the charter, TDK formulated the 
Environmental Vision and Environmental Action Plan” as a fundamental framework for implementing specific environmental activities and initiatives. To bring more awareness to the importance of water as a natural resource, TDK set a target for reducing water use and is striving to control water-related risks. For fiscal year 2022 TDK had set the goal to reduce the water withdrawal intensity by 1.5% vs the previous fiscal year. The result amounted to 17,049,000 m3 total water withdrawal, which was down 4.1% from the previous fiscal year. In addition, the intensity improved by 25.5%.

In TDK’s recent medium-term plan, “Value Creation 2023,” the pursuit of “social value,” which aims at contributing to the realization of a sustainable society by solving social issues, is set as an objective for all business activities. TDK will implement a cycle of increasing “commercial value” and “asset value” while furthering “social value.” 

To realize 2CX (customer experience and consumer experience) by providing solutions that satisfy customers and consumers and experiences that exceed expectations, the TDK Group aims to become an invaluable presence by aiding energy transformation (EX) and digital transformation (DX), two major social issues. 

Based on this principle, the TDK Group will carry out environmental protection activities quickly and effectively with special consideration for climate change, biodiversity, and the finitude of resources. Through its innovative core technologies and solutions, the company will advance the development of a sustainable society, helping to ensure that future generations worldwide have access to clean and safe water supplies.