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• TDK was recognized as a leader in the CDP Supplier Engagement Rating 2024 for the fifth consecutive year;
• A ranking in the CDP Supplier Engagement Rating corresponds to 5.6% of the total.
In the Supplier Engagement Rating, the answers provided to the CDP Climate Change Program are used to evaluate the companies by items related to governance, targets, estimation of greenhouse gas emissions in their corporate value chain (SCOPE3), and supply chain engagement. TDK was praised because it promotes environmental activities working with suppliers and discloses SCOPE3 emissions.
CDP (cdp.net) is a non-profit that drives companies to engage in environmental issues such as climate change, water security resources protection, and forest preservation and to disclose information, based on requests from global institutional investors who are very interested in environmental issues. In 2024, TDK was selected as Supplier Engagement Leader for the fifth consecutive year of companies evaluated for their engagement with suppliers on climate change. 1394 companies from across the globe were evaluated for CDP 2024 'Supplier Engagement Leaders'. Inclusion on this list demonstrates that a company is proactively working with their suppliers to ensure that sustainability is present in every part of their value chain. In addition, TDK has received an A ranking in the CDP climate change category and an ‘A List’ for focusing on water security for the fifth consecutive year.
TDK has established the TDK Environmental Charter, consisting of the “Basic Principle on the Environment” and the “Basic Policy on the Environment,” which make up the entire group's environment policy aimed at contributing to the sustainable development of society. In line with the Charter, TDK formulated its Environmental Vision and Environmental Action Plan as a fundamental framework for implementing specific environmental activities and initiatives. For its supplier engagement initiative in particular, under TDK's purchasing principle "Global Partnership Purchasing,” TDK has created “TDK Green Procurement Standard” to work together with suppliers to enhance environmental activities, such as checking suppliers' environmental activities and providing feedbacks on the results, conducting dialogue with environmental department personnel to select supplier environmental awards, supporting supplier's energy efficiency.
TDK is committed to pioneering rapid and effective environmental activities that consider climate change and water security, with the aim of passing on a healthier global environment to future generations. The disclosure of these activities is crucial for ensuring transparency in TDK’s environmental impact and sustainability efforts. In the field of climate change, TDK has set a long-term goal of net zero CO2 emissions by 2050, and has obtained SBTi certification for its targets up to fiscal 2030 for promoting this goal. TDK appreciates that this achievement is a recognition of these activities.
TDK will continue to contribute to the realization of a sustainable future based on the company’s long-term vision,“TDK Transformation -Accelerating transformation for a sustainable future-,” while aiming to solve social issues through TDK’s business based on its management philosophy.
The full list of this year’s Supplier Engagement Leaders is available at this link, along with other publicly available company scores.
About TDK Corporation
TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution. It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK’s comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads, software and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics, and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2025, TDK posted total sales of USD 14.4 billion and employed about 105,000 people worldwide.
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