Denso Corporation is a supplier of automotive technology, systems and components for automakers. The company operates in Japan, North America, Europe, and Asia among others. It is comprised of several business groups, which develop such technologies such as engine control systems, air-conditioning systems, semiconductor sensors and microelectronic devices, windshield wiper systems, industrial robots, and carbon dioxide refrigerant heat-pump water heaters.
Denso exhibits a longstanding and continued integration of robust corporate social responsibility programs throughout all of its business operations and leverages its many programs to create global impact. First and foremost, the company develops products that address issues of efficiency, cost, safety and environmental impact, and have applications in traditional automobiles as well as hybrid-electric and fuel cell vehicles. The company also has shown a commitment to solid environmental risk management for decades via the employment of environmental accounting (since 1999) and more recently through the company’s resource and product management efforts. These include resource recycling, environmental hazard mitigation, and quantification of a product’s environmental performance relative to previous technologies. Additionally, it ensures the safety of its products to consumers by performing regular safety evaluations and reporting the results of legal compliance checks. The company also devotes much attention to the satisfaction and development of its human capital through education and wellness programs, and has set targets to triple its female management team.
Denso’s corporate social responsibility report needs streamlining to improve transparency and clarity. Additionally the company lacks transparency surrounding executive compensation.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.