2024 presented significant challenges including global inflation, heightened geopolitical risks, and growing isolationism and protectionism. Despite this difficult environment, we adapted quickly and achieved meaningful results. Our actions throughout 2024 directly advanced our Purpose, 'To Make Our Lives Easier,' through greenhouse gas reduction efforts, supplier collaborations, and community contributions.
On the ESG front, we established a company-wide cross-functional organization and transformed our Audit Committee into the Audit and Sustainability Committee. We've implemented important initiatives, notably accelerating our carbon neutrality target to 2040.
Renesas commits to transparent annual reporting on our progress and achievements as we work toward a sustainable future.
Please download our report to learn more and share your feedback.
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 |
We are steadily building achievements for a sustainable future and further developing concrete measures to tackle climate change issues.”
Takeshi Kataoka
Head of operations, Senior Vice President
2024 HIGHLIGHTS
- Reduced energy consumption by 10.1% (compared to 2021)
- 32% increase in water intensity (compared to 2021)
- Achieved 32% water recycling rate
- Achieved 92% waste recycling rate
*Find out more about Renesas' green devices: Eco-Product Initiatives
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| Social |
At Renesas, we create the future in our industry by embracing individuals, their perspectives, and unique talents. We are building value for customers, shareholders, and employees. Our high-performance culture drives all that we do, empowering employee development and excellence and creating innovative solutions that shape a limitless future.”
Utae Nakanishi
Senior Vice President and CHRO
2024 HIGHLIGHTS
- Received CDP Supplier Engagement Leader recognition for the second year in a row and the top “Gold” rating from Pride Index Japan for the third year in a row
- Over 560 applications received for a new Remote Working Abroad program that enables employees to work in another country for up to 30 days
- Promoted employee participation in Employee Resource Groups such as Renesas Pride and Women In Technology (WIT)
- Continued our key engagements with Inspiring Girls International, High-Tech High Heels, UK Electronics Skills Foundation (UKESF) and Women’s Leadership Initiative (WLI)
- Donated 9.75 million yen for social contribution initiatives and 5.07 million yen worth of employee volunteering time
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| Governance |
2024 HIGHLIGHTS
- Integrated sustainability initiatives and corporate governance by giving oversight responsibility and authority over sustainability activities to the Audit and Sustainability Committee (implemented from January 2025)
- Guidelines on generative AI tools were reviewed and governance around the use of AI tools strengthened, based on the insights of AI experts
- Integrated group company management systems to improve operational efficiency and facilitate PMI processes