Fuji Electric is a Japanese company founded in 1923. It specializes in electrical equipment, including electronic components, power generation systems and industrial machinery. With a global presence, Fuji Electric aims to provide sustainable and innovative solutions to meet the world's energy needs.
Fuji Electric Co. ,Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo 141-0032, Japan
FUJI ELECTRIC Co., Ltd. was founded in Kawasaki, Japan, on August 29, 1923.
"Fuji Electric Manufacturing Co., Ltd." was established as a capital and technology alliance between Japan "Furukawa Electric Co., Ltd." and German "Siemens AG".
The company name is derived from these two companies' first sounds "Fu" and "Si" and the highest mountain in Japan, Mt. Fuji.
Fuji Electric continues to evolve with the times and society,
with technology as its driving force.
The FUJI ELECTRIC Co., Ltd. group has built up a wealth of experience in electricity and electronics.
Its activities in the fields of public goods, industrial equipment and systems, information technology and various products or machines contributing to improving the quality of life and protecting the environment.
Its technological innovations in the fields of energy and the environment are recognized worldwide.
Fuji Electric is strengthening its global production capabilities based on the concept of local design, local production and local consumption.
We also focus on human resource development, which is essential to strengthening our high-quality manufacturing capabilities.
Our employees, who have been through tough training and honed their skills in manufacturing, are making products that customers around the world can rely on.
Fuji Electric has supported industrial and social infrastructure by widely developing power semiconductor and power electronics solutions as core technologies.
In addition, we are now striving to create a responsible and sustainable society through our energy and environment businesses, offering renewable energy solutions, as well as energy stabilization, energy conservation and automation solutions, to help achieve the global goal of a decarbonized society. Fuji Electric's strength lies in its ability to independently develop and manufacture power semiconductors as key energy-saving devices. We use these devices in our power electronics equipment and offer our customers comprehensive engineering services that integrate these products. By leveraging our strengths, we contribute to the global goal of a low-carbon society.
With energy and environmental technology at its core, Fuji Electric contributes to the creation of responsible and sustainable societies through its four business areas: Power Electronics, Semiconductors, Power Generation and Food & Beverage Distribution.
Power electronic systems for energy production: Our technologies help to stabilize energy supply, save energy and improve productivity through the use of "substation", "control" and "drive" solutions.
Industries
Electronic components: contributing to high quality, conversion efficiency, miniaturization and energy savings.
Food and beverage distributors: providing solutions for automation, energy savings, food safety and security.
We, Fuji Electric, pledge as responsible corporate citizens in a global society to strengthen our trust with communities, customers and partners.
Through our pursuit of innovation in electric and thermal energy technology, we develop products that maximize energy efficiency and lead to a responsible and sustainable society.
Fuji Electric is committed to achieving a sustainable society through its energy and environmental businesses. We announced the “Environmental Vision 2050” in 2019 to determine the direction of the Company’s long-term environmental activities.
We recently revised our “Fiscal 2030 Goals” to achieve our “Environmental Vision 2050” in light of social trends of striving to achieve a decarbonized society.
We aim to contribute to the achievement of a decarbonized society, a recycling-oriented society, and a society that is in harmony with nature by expanding the use of Fuji Electric's innovative clean energy technologies and energy-saving products.
We aim to achieve the following goals in order to limit the temperature increase to 1.5°C above pre-industrial levels.
Our Scope1,2 and Scope3 (1-8,11) targets have been approved as 1.5˚C targets by the SBTi (Science Based Targets initiative)*2
1* Reductionrate for FY2013: 54%
2* The International Climate Change Initiative (SBTi) was co-founded by UNGC (United Nations Global Compact), CDP (Carbon Disclosure Project as a former name), WRI (World Resources Institute) and WWF (World Wide Fund for Nature). It is an organization that assesses and certifies whether the greenhouse gas emission reduction targets established by companies and organizations in each country are “targets based on the science knowledge ”.
Fuji Electric will contribute to the realization of a low-carbon society by implementing the following measures to achieve its goals by 2030.
Main measures
Fuji Electric will contribute to the realization of a recycling-oriented society by advancing 3R activities within the company as well as with business partners and throughout the supply chain.
Minimize environmental impact during production
Target of 1% or less waste to landfill.
Reduce water consumption per unit of production
Promote green supply chains, collaborate with business partners and promote 3R activities across supply chains
We will communicate our CSR sourcing guidelines (established in 2020) to our business partners and conduct educational activities to minimize environmental impacts. We will also implement 3R systems in collaboration with our business partners.
Accelerate the development and design of environmentally-friendly products to advance 3R activities
Fuji Electric will contribute to the realization of a society in harmony with nature through its business activities, by developing the use of environmentally friendly products and through its social contribution activities.
Fuji Electric’s corporate philosophy hinges on a mission to contribute to prosperity, encourage creativity, and seek harmony with the environment, while the Company’s management policies are centred on the notion of contributing to society through its energy and environment businesses. This is in line with the international community’s efforts to integrate economic, social, and environmental improvements to achieve the SDGs.
By putting this corporate philosophy and management policies into practice based on its Corporate Code of Conduct, which sets forth guidelines for the conduct of employees, Fuji Electric and its employees, together with customers and business partners, will aim to resolve social and environmental issues, create customer value, contribute to the achievement of the SDGs and the creation of a responsible and sustainable society.
We have set up the SDO Promotion Committee to deliberate, decide and evaluate the promotion of the SDOs at management level. We identify, from an SDO perspective, the key issues as well as the risks and opportunities for our company, integrate them into our strategies and evaluate our efforts to implement them. Our environmental efforts are focused on achieving our Environmental Vision 2050, which is primarily aimed at creating a decarbonized society, and our social efforts prioritize the promotion of human rights and the development of human resources. We have set up sub-committees dedicated to each topic to deliberate on our policies and strategies, and to oversee and evaluate our efforts. The content of the committee's discussions is reported to the Executive Committee and the Board of Directors, for deliberation.
Assessing the link between the value created by the four businesses advanced by our five segments and contributions to the accomplishment of the SDGs, Fuji Electric selected five priority goals.
Furthermore, four additional goals were designated as priorities in relation to the reinforcement of operating foundations to be pursued through overall corporate activities, making for a total of nine goals.
Clean, affordable energy
Industry, innovation and infrastructure
Sustainable cities and communities
Responsible consumption and production
Measures to combat climate change
We continue our efforts to further improve the transparency and supervisory function of management for stronger corporate governance in order to realize our corporate philosophy.
Compliance: We employ thorough measures to ensure compliance with laws and corporate ethics and always act with the highest ethical standards to achieve sustained corporate growth.
Risk management: Fuji Electric is strengthening its risk management to maximize corporate value and minimize the potential impact of risks.
Shareholders and investors: Fuji Electric places the utmost emphasis on communication with shareholders and investors. We work diligently to disclose information in a timely, appropriate, and easy-to-understand manner.
Fuji Electric focuses on R&D activities aimed at creating competitive components and systems centered on power semiconductor and power electronics technologies, as well as activities aimed at developing solutions that produce value for customers by combining core technologies. The company has designed its R&D system to accelerate R&D activities by delegating product development functions to the respective business groups, while the corporate R&D group handles technology commercialization, advanced research and fundamental research.
Main initiatives
Fuji Electric constantly pursues the research and development of quality products and technologies, while providing first-rate products and services to our domestic and overseas customers.
Our sourcing activities are in line with our principle of fair trade management. We seek out competitive domestic and international suppliers in key areas such as quality, price, delivery and service. Our aim is to extend relationships with suppliers through open and impartial trade, and to maintain a high level of mutual trust, enabling such a partnership to last for an indefinite period of time.
Supplier selection
Our procurement activities are based on open and impartial trade. Our doors are always open to new partnerships with potential suppliers.
In order to guarantee our suppliers good business opportunities, we will respond to all supplier quotations and are prepared to disclose any required company information that would help future partners meet their respective business needs.
We will select suppliers objectively based on the results of our evaluations regarding product quality, cost, delivery and stability of supply.
Trust in information
Fuji Electric treats suppliers' information on products, estimates and purchasing records in the same way as it treats its own, and therefore holds it in the strictest confidence.
Request for business partners
We have set up a "Partner Hotline" system for managers and employees of Fuji Electric's business partners for the supply of materials. If a manager or employee becomes aware of an actual or suspected violation of a law or regulation or an inappropriate act by a Fuji Electric employee, the system will provide the manager or employee with a communication channel to report the problem to us.
CSR Procurement
These guidelines summarize our approach to CSR that we ask our business partners to respect and apply, as well as examples of approaches, based on the "Fuji Electric Code of Conduct" and the "Fuji Electric Purchasing Policy", by referring to documents that are intended to be used as international CSR standards, including the Code of Conduct of the Responsible Business Alliance (RBA), a business alliance that promotes CSR in global supply chains, as well as the "Guidelines for Responsible Business Conduct" of the Japan Electrics and Information Technology Industries Association (JEITA).
We ask you to understand and endorse these guidelines, and to share them with your supply chains, in order to promote positive CSR activities. We would also be grateful for your cooperation in any CSR self-assessments we may ask you to carry out periodically as part of these guidelines.
