Engagement with Stakeholders
Based on its Promises to Stakeholders, the Yamaha Group promotes wide-ranging initiatives for communicating with its various stakeholders. The input and guidance gained through such communication is used in identifying and assessing sustainability-related risk and opportunities and our impacts on the environment and society as well as in formulating related measures.
Initiatives Targeting Specific Stakeholder Groups
| Stakeholder | Purpose | Daily Means of Communication | Examples of Initiatives |
|---|---|---|---|
| Customers | Offer valuable products and services that are safe and offer peace of mind, promote universal design, supply accurate product information, provide customers with appropriate service and support, store customer information appropriately | Product and service helpdesks, daily sales activities | |
| Employees | Evaluate and treat people fairly, respect human rights and diversity, utilize and train personnel, support a wide range of workstyles, ensure health and safety | Survey questionnaires (motivation, workplace comfort, and management), labor–management meetings and discussions |
Communication between Labor and Management Promotion of Diversity, Equity, and Inclusion |
| Business Partners | Select business partners based on fair and rational standards, engage in fair transactions, eliminate dubious business relationships, prohibit abuses of power | Daily business activities, production and sales trend briefing sessions, policy explanation meetings | |
| Communities and Greater Society | Coexist with communities and contribute to their development (including promoting culture, development of the next generation, aiding welfare, creating employment, and developing skills and technology) | Information exchange sessions with local communities and municipalities, factory tours, employee involvement in community activities, participation in social contribution activities, exchange of information and dialogue with communities and NPOs/NGOs | |
| Environment | Prevent pollution, combat climate change, preserve natural resources, manage and reduce the use of chemical substances, protect biodiversity | Exchange of information and dialogue with communities and NPOs/NGOs | |
| Shareholders | Disclose accurate management information in a timely manner, distribute profit appropriately, improve corporate value | General shareholders’ meetings, explanatory meetings for investors, investor website and email newsletters |
Stakeholder Engagement Program
The Company has been participating in the Stakeholder Engagement Program of Caux Round Table Japan since fiscal 2020. Through the program, input on potential issues is received from NPOs, NGOs, and experts as part of the process of identifying important, industry-specific human rights issues.