For our sustainability management, policies, initiatives, data, etc., please visit our sustainability website.
Our Approach to ESG
As a responsible organization, the Yamaha Group places sustainability at the heart of its management and business activities. We also engage with stakeholders based on an understanding of the environmental and social impacts of our business activities and in accordance with the Yamaha Group Sustainability Policy. We are thus accelerating various initiatives to help shape a sustainable society.
For sustainable society and business
As one of environment initiatives, we are making researches on African Blackwood, a rare wood resource produced in the Republic of Tanzania, that has been used to manufacture musical instrument and have started the project of forest management and tree planting with community members. We are working on to construct business model for steady procurement of the African Blackwood as a material for musical instrument leading to development of sustainable society.
- Sustainable Forest Conservation Project in Tanzania
- For more information, please visit our sustainability website.
For creating enriched society and further market expansion
As one of social initiatives, we have been promoting the "school project" program in public elementary schools primarily in Asian regions, providing instruments, educational materials, and instructional know-how to public elementary schools in a packaged format, aiming to create enriched society and develop music culture. Currently, we have held this program in seven countries with above 1,290,000 students participating. We are also working to extend this program to different countries. This program aims children to experience the joy of musical instruments as well as to increase the population of playing musical instruments at emerging countries and to expand markets.
For sustainable improvement of corporate value
Throughout its long history, Yamaha has continuously pursued the ideal structure for corporate governance to meet the needs of the times and improve its corporate value in the future. In June 2017, we have transitioned to a Company with Three Committees (Nominating, Audit, and Compensation), to make clear separation between the oversight and execution of management, thereby strengthening management oversight functions and accelerating management execution. New structure consist of 8 members on the Board of Directors, including six outside directors. Going forward, we will aim further to enhance our corporate governance and sustainable improvement on our corporate value.
FTSE Russell (the trading name of International Limited and Frank Company) confirms that Yamaha Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
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