Introduction

Sustainability Promotion Policy and Organization
Commitment to sustainability

Board of Directors
Top Management Meeting

Sustainability Committee

SocialContribution
Committee

RiskManagementCommittee

Quality
ManagementCommittee

Basic Sustainability Policy

Sustainability Leaders’ Meeting

Sustainability Leaders (department general managers)

Sustainability Workplace Training

Promote each employee’s understanding of sustainability

Initiatives for
Realization of Vision
Business Strategy

Our business activities are founded upon the “Vision: Pioneer
the new norm for a safer and sustainable world” and “Mission:To create the optimum environment for humans and machines”
stated in our company philosophy, “The IDEC Way.”
Our Principles of “The IDEC Way” and the IDEC Group
Code of Conduct clearly state the actions to be taken torealize our Vision and Mission. We will carry out those actions
in order to help realize a sustainable society and increase ourcorporate value.

Information on sustainability is posted at:https://us.idec.com/idec-us/en/USD/sustainability

Foundation for
Value Creation
Data andCompany Overview

Sustainability Committee

23 IDEC Report 2024

SafetyPromotionCommittee

Value Creation Story

EnvironmentalStrategyCommittee

Chairperson: CEO / Committee members: Senior Executive Vice President,
Management Director and Executive Officers

Sustainability promotion system
The Sustainability Committee, chaired by the CEO, wasestablished to develop our Group’s sustainability action
policy. Five specialized committees were established under
it to focus on specific policy areas: Environment, Social,Governance, plus two for areas of our strengths, Safety
and Quality; together referred to as “ESG+Sa+Q,” and these
specialized committees are each chaired by an executive
officer and consist of knowledgeable, experienced members
who develop measures pertaining to their respective themes.
The Sustainability Committee meets twice a year, andimportant matters discussed are reported to and supervised

Message

We consider the IDEC Group Code of Conduct, the CSR
Charter, and the Ten Principles of the United Nations
Global Compact to be important compasses for guiding
our actions in line with our company philosophy, “The IDECWay.” We are committed to helping achieve the Sustainable
Development Goals (SDGs) by tackling societal issues throughour business activities. Our efforts toward sustainability arebeing spearheaded by the Sustainability Committee launchedas CSR Committee in 2018 and renamed in 2024.
Going forward, we will continue taking action under theBasic Sustainability Policy to resolve global issues throughour business activities, with the ultimate aim of realizing asustainable society. Our efforts include 1) advancing the safety,
health, and well-being of all people through our participationin and support for the Vision Zero campaign led by theInternational Social Security Association (ISSA) under theInternational Labour Organization (ILO); 2) remaining attentive
to climate change and other global environmental issues; and3) preparing to respond to future risks and opportunities.

by the Top Management Meeting and the Board of Directors
as may be necessary.
Sustainability Leaders share the content of Sustainability
Committee discussions with each employee at Workplace
Training sessions, with the aim of putting activities into
practice and creating an open workplace where opinions
can be exchanged. Employees submitted 475 opinions andproposals, which were shared by the specialized committees
in FY2024. This feedback is incorporated in our Group’s
sustainability activities.