2023 was a year full of uncertainty and unpredictable situations, including a war in Ukraine, global inflation, and the sluggish growth in the semiconductor industry. At Renesas, while we experienced the impact of those external influences, we focused on future growth and long-term value creation for our shareholders, customers, and consumers who benefit from our sustainable products, digital tools and solutions. Together with over 21,000 employees around the world, we are shaping the innovation landscape and evolving as a complete semiconductor solution provider.
Our 2023 and ongoing global initiatives spanning from greenhouse gas emission reduction to supplier engagement to social contributions demonstrate our dedication to fulfilling our Purpose – To Make Our Lives Easier. We strengthened our security capabilities, health and safety management system, and a culture of compliance and inclusion. We look forward to sharing our progress and results each year, as we continue our sustainability journey.
Please download our report to learn more and share your feedback.
2030 ASPIRATION
To materialize the '2030 Aspiration' and our purpose of 'To Make Our Lives Easier,' we will continue to provide products and solutions that make people’s lives easier.
At the same time, as a member of the global community, we will remain steadfast in our commitment to further enhance our corporate value by addressing environmental issues and contributing to a sustainable society.”
Hidetoshi Shibata
President and CEO
We look forward to building upon our strong financial foundation while we continue to find ways to better serve our customers and contribute to the well-being of our employees, partners, and shareholders.”
Shuhei Shinkai
Senior Vice President and CFO
Environmental, Social & Governance (ESG) Results
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| Environmental |
This teamwork offers a great opportunity to continue to positively impact the environment in the communities where we live and work and beyond, while also improving operational efficiencies.”
Sailesh Chittipeddi
Executive Vice President and Head of Operations
2023 HIGHLIGHTS
- 70% of our global revenue was derived from sustainability-focused product sales.
- Reduced energy consumption by 2.6%
- Improved water intensity by 36%
- Achieved 33% water recycling rate
- Achieved 90% waste recycling rate
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| Social |
Success at Renesas begins with attracting and rewarding people who bring their unique and individual perspectives and talents to the organization, ultimately benefitting our customers, shareholders and the entire company.”
Julie Pope
Senior Vice President and CHRO
2023 HIGHLIGHTS
- Received CDP Supplier Engagement Leader recognition and the top “Gold” rating from Pride Index Japan for the second year in a row
- 400 applications received for a new Remote Working Abroad program that enables employees to work in another country for up to 30 days
- Launched the Pride and Renesas International Support and Empowerment (RISE) ERGs
- Expanded our engagement with Inspiring Girls International, High-Tech High Heels, and UK Electronics Skills Foundation
- Donated 38 million yen for social contribution initiatives and 3-million-yen worth of employee volunteering time
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| Governance |
2023 HIGHLIGHTS
- Achieved over 80% Independent Director ratio (50% target)
- Achieved 91% completion on the annual Code of Conduct employee training
- Released several new standalone global policies, including the Anti-Bribery and Anti-Corruption Policy, Whistleblower Policy, and Compliance Investigations Policy
- Obtained TISAX certification, an automotive security standard which works alongside IATF 16949 and ISO9001
- Increased security capabilities, such as to 24/7 security operations center, to identify and prevent potential attacks on our business
Past report: 2022 Sustainability Report