Message from the President & CEO

We are currently implementing reforms that will propel Sharp forward. As president, I am striving to establish Sharp as a trusted Japanese brand by putting into action three points stated in our medium-term management direction of May 2024: asset-light transformation in the device business, growth model establishment using a cycle of existing brand business and new innovation, and HQ function enhancement.

Regarding the point of HQ function enhancement, one of its key measures is ESG management. Sharp’s ESG management is rooted in its business philosophy, and this will never change. Our business philosophy states that “we are dedicated to the use of our unique, innovative technology to contribute to the culture, benefits and welfare of people throughout the world” and “our future prosperity is directly linked to the prosperity of our customers, dealers and shareholders.” This is the foundation of Sharp’s mission to cooperate with stakeholders to continuously provide society with new value.

Under the SHARP Eco Vision 2050 long-term environmental vision, we have set goals to be achieved by 2050 in three fields of action: climate change, resource recycling, and safety and security. In climate change, an urgent problem facing the entire world, we are stepping up efforts with the goal of achieving net zero CO₂ emissions in Sharp business activities by 2030. In resource recycling, we are doing everything possible to reuse material in products and packaging to help achieve a circular economy. In safety and security, we are properly managing chemicals to protect people’s health and the natural environment. We also became a member of the Japanese Ministry of the Environment’s 30by30 Alliance for Biodiversity in June 2024 with the aim of achieving our biodiversity preservation and nature positive targets. In support of the aims of this alliance, Sharp bases conduct activities that help protect biodiversity and clean up habitats; for example, the Tenri Plant protects bamboo lilies and the Kameyama Plant propagates Tanakia lanceolata, a freshwater fish.

Sharp signed the United Nations Global Compact in 2009 and supports this framework’s 10 principles in the areas of human rights, labor, the environment, and anti-corruption. This support comes in the form of fulfilling corporate responsibilities to solve worldwide problems such as conflict minerals and human rights abuses.

The Sustainability Committee, of which I am the chair, convenes twice a year. As well, to step up the pace of our ESG efforts, we have established sustainability subcommittees, each comprising members of departments related to its specific issue. These subcommittees are in the process of implementing action plans they have made, which will further synergize their activities and help Sharp achieve its company-wide goals all that much sooner.

Sharp will continue to pursue ESG management based on its business philosophy with the goal of contributing to a sustainable society in which no one on this Earth is left behind.

September 2024