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NEC releases annual report on corporate social responsibility

Tokyo, Japan, September 16, 2016 - NEC Corporation (NEC; TSE: 6701) announced today the release of its annual report on corporate social responsibility (CSR) during the fiscal year ended March 31, 2016. NEC has announced its CSR activities aiming to promote sustainable growth and increase corporate value since fiscal 2005.

The report arranges non-financial information regarding environmental, social and governance (ESG) issues for the purpose of disclosing information which corresponds to the needs of medium-to-long term investors. The report also refers to "NEC Corporate Governance Guidelines," which were adopted to help strengthen the corporate governance system.




 


                         
                   

                         




                      NEC CSR Website                                                  NEC Annual Report 2016                                                  
CSR highlights for the fiscal year 2016 include:

  1. Disclosure of non-financial information regarding ESG issues
    In recent years, ESG investment that takes into account both financial information and non-financial information is steadily increasing.

    In order to meet investor expectations, the CSR report 2016 discloses non-financial information regarding ESG issues.

    This report conforms with the core of the Global Reporting Initiative's G4 Sustainability Reporting Guidelines, the Ten Principles of the Global Compact advocated by the United Nations, and the ISO 26000 international standard for social responsibility.

  2. Stakeholder review with the theme of specific social issues
    NEC held its fifth stakeholder review since 2011 with NPO and NGO representatives in observation of the ISO 26000. This year, the discussions focused on issues such as the challenges of promoting disaster prevention solutions in collaboration with social sectors and issues related to privacy when providing face recognition technology.

  3. Adopted NEC Corporate Governance Guidelines
    In June 2016, NEC adopted "NEC Corporate Governance Guidelines" to help strengthen the corporate governance system. NEC addressed the basic framework and policy of NEC's corporate governance system, relationship with stakeholders, basic policy and structure of information disclosure. Moreover, NEC's activities regarding Japan's "Corporate Governance Code" that entered into force in June 2015 are described.

  4. Publication of the NEC Annual Report 2016, integrating both financial and non-financial information
    NEC issued the NEC Annual Report 2016, which incorporates the opinion of the International Integrated Reporting Council (IIRC). The report introduces a review of the Mid-Term Management Plan 2015 and explains the policies and objectives for the Mid-Term Management Plan 2018. Moreover, it clearly expresses that the seven themes of social value creation that NEC established in line with the Sustainable Development Goals (SDGs) adopted by the United Nations in 2015.


For more information on NEC's CSR activities, please visit
http://www.nec.com/en/global/csr/.

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About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.  For more information, visit NEC at http://www.nec.com.

The NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit

http://www.nec.com/en/global/about/vision/message.html

 

NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2016 NEC Corporation.



NEC Press Contacts (Japan):

Seiichiro Toda        
NEC Corporation                    

s-toda@cj.jp.nec.com

+81-3-3798-6511                     

Joseph Jasper        
NEC Corporation                    

j-jasper@ax.jp.nec.com

+81-3-3798-6511

 

NEC Asia Pacific

Masako Hirano

m-hirano@nec.com.sg   

+65-6379-2570

+65-9018-6652

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