Sustainability

Message

President’s Message

COSELʼS businesses are based on its corporate philosophy of “Responding to societyʼs trust through our unwavering commitment to quality”

We believe that the eff orts of all COSEL Group team members working to realize a sustainable society based on our corporate philosophy of “Responding to society’s trust through our unwavering commitment to quality” will contribute to our own continuous growth.
In particular, quality is the key to this continuous growth. We consider this quality to refer not only to the functional quality of products and services but to the various types of quality essential to the sustainability of society, including the quality of the various types of value that we provide in response to changing needs (i.e., the quality of individual departments, such as sales, development, production, and management).

Basic actions to fulfi ll our social responsibilities

We conduct our business activities with a customer-oriented, quality-fi rst mindset across all functions, including product planning, development and design, procurement and production, sales, and customer support activities. We place great importance on COSEL Quality, which is created through the connection of these functions. We believe that continuously enhancing COSEL Quality enables us to earn and maintain the trust of our customers and society and ultimately contributes to the realization of a sustainable society.
As basic actions toward this end, we have established and are operating systems to ensure thorough compliance and strengthen risk management.
We will continue to expand these activities through not only the COSEL Group but the entire supply chain as well.

Environmental initiatives

Under our environmental management system (EMS), which identifi es our environmental policy and action guidelines for putting it into practice, we promote initiatives to lessen the environmental impact of our business activities.
Among our environmental initiatives, eff orts toward carbon neutrality, or decarbonization, are an urgent priority, and we have been working to reduce Scopes 1 and 2 CO2 emissions. Going forward, in addition to initiatives across the Group, we will continue to ascertain total CO2 emissions across Scopes 1, 2, and 3, including those in the supply chain. We believe that we must achieve carbon neutrality as soon as possible.
At COSEL, we do not view the environmental impact by separating the environment from quality. Rather, we place importance on interpreting and understanding environmental impact by linking the two, thereby leading to more rational and eff ective initiatives.
We believe that it is our mission and responsibility to pass on our precious global environment to future generations in a sound, healthy state.

Taking on the challenges of technological innovation to create new markets

The environment in which we do business has undergone massive changes in recent years as we come to face with a wide range of social issues and challenges. Customer needs have also grown increasingly diverse with the progress of globalization. Similarly, in various ways the concept of quality referred to in the corporate philosophy has changed and grown increasingly diverse as well. We consider it vital to respond in a timely and appropriate manner to the changes associated with this diversification.
Under our 11th Medium-Term Management Plan, we have set forth the vision of becoming an essential presence in a smart energy society through products and services that capture customer-oriented needs.
This refers to generating, cocreating, and realizing new values by swiftly addressing the changing needs of customers and society resulting from these changes in our world and the changes that we want to effect in response.
Toward this end, we will continue to emphasize the process of taking on major challenges, such as technological and manufacturing innovations, and linking them to production of products and services that deliver value to society (customers).

Workplace and human resource development to enable each and every employee to thrive

Human resource development is fundamental to manufacturing, and we believe that, above all else, it is our people who support our corporate activities. As each individual grows and adapts to change autonomously, our ability to adapt to change will be enhanced. The accumulation of these efforts will foster crossdepartmental trust and connections. We believe that these connections will contribute to the realization of a sustainable society. By continuing to put this series of activities into practice, we will also work to enhance our competitiveness and corporate value. We aim to foster a corporate culture in which each individual can work with pride by thinking independently, taking action, and continuing to take on challenges. Furthermore, through the accumulation of these efforts, we hope to enhance each individual’s sense of fulfillment and motivation at work.
Through our human resource development initiatives, we will continue our aim to help realize a sustainable society by creating a culture and workplaces where individual human resources can thrive.

President & Chief Executive Officer

Morio Saito
斉藤盛雄