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Sharp Corporation

Headquarters Abeno-ku, Osaka
Total Revenue $24.38 billion USD
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SHARP was founded in 1912 by Tokuji Hayakawa in Tokyo. The company offers consumer electronic products, information systems products and home appliances. As a semiconductor maker, Sharp is among the Worldwide Top 20 Semiconductor Sales Leaders and among the Top 100 R&D Spenders in a list published by IEEE Spectrum magazine. Sharp is a GRI reporting company.

Sector: Consumer Electronics

Reducing Product/Service Impacts Greenhouse Gases Air Pollution (other than GHG) Energy Use Biodiversity Material Use Waste Water Use Hazardous Spills Environmental Compliance Environmental Expenditures Community Impact Local Procurement Capacity Building Child Labour Indigenous Rights Cancer Research HIV/AIDS Research Human Rights Employee Wages Training and Benefits Employment Equity Collective Bargaining Occupational Health and Safety Military Involvement Customer Health and Safety Accessibility to Product Information Customer Satisfaction Marketing Ethics Customer Privacy Organics Fair Trade Animal Testing Government Assistance Direct Economic Impact Political Contributions Anti-Corruption Anti-Competitive Behaviour CEO Compensation Category Breakdown
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2.80/9 1.4%
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Environment [login to edit summary]

Indicators
  1. Reducing Product/Service Impacts (5)
  2. Greenhouse Gases (1)
  3. Air Pollution (other than GHG)
  4. Energy Use (4)
  5. Biodiversity
  6. Material Use (2)
  7. Waste
  8. Water Use (1)
  9. Hazardous Spills
  10. Environmental Compliance
  11. Environmental Expenditures

As of August, 2008, Sharp has launched a new environment and social website, which provides comprehensive reporting on its CSR initiatives. Sharp is the world’s leading manufacturer of solar cells in terms of production volume, and has already commercialized thin-film solar cells. In 2006, the amount of waste discharged by the Sharp Group increased by approximately 24% over the previous fiscal year. Sharp claims that the increase was due to expanding production volumes. It should be noted that landfill is just one out of a number of ways to deal with waste.

Rating_3
Society [login to edit summary]

Indicators
  1. Community Impact (5)
  2. Local Procurement
  3. Capacity Building
  4. Child Labour
  5. Indigenous Rights
  6. Cancer Research
  7. HIV/AIDS Research
  8. Human Rights
  9. Employee Wages Training and Benefits (1)
  10. Employment Equity (1)
  11. Collective Bargaining
  12. Occupational Health and Safety
  13. Military Involvement

Sharp’s Environmental and Social Report 2007 displays many examples of local CSR performance in over 16 countries. In Japan, Sharp has created the Sharp Green Club, which has planted seven Sharp Forests. Maps and data of Sharp Forests are found in the report. Sharp won an American Business Award for their reconstructive solar power contributions to New Orleans after Hurricane Katrina, where the company donated and installed ten solar electric systems that will supply a lifetime of free, clean energy.

Rating_3
Product Responsibility [login to edit summary]

Indicators
  1. Customer Health and Safety (1)
  2. Accessibility to Product Information
  3. Customer Satisfaction (1)
  4. Marketing Ethics
  5. Customer Privacy
  6. Organics
  7. Fair Trade
  8. Animal Testing

There is little reporting on Sharp’s product responsibility performance outside of customer satisfaction, health and safety. Sharp’s 2007 CSR report shows that the company’s goal is to become number one in customer satisfaction in the industry, and has set several targets to do so. The company has worked to increase the response rate of its customer assistance telephone inquiries. There is no information available on Sharp’s marketing ethics or accessibility to product information.

Rating_2
Corporate Citizen [login to edit summary]

Indicators
  1. Government Assistance
  2. Direct Economic Impact
  3. Political Contributions
  4. Anti-Corruption
  5. Anti-Competitive Behaviour (3)
  6. CEO Compensation

Sharp provides a significant amount of information on its corporate citizen performance, notably within the company’s codes of conduct. Sharp has policy guidelines that clearly describe its position on anti-corruption and anti-competitive behaviour. However, the company (along with at least 3 other large scale LCD monitor producers) has been contacted by the Japan Fair Trade Commission and the US Department of Justice regarding a possible anti-competitive behaviour investigation. The investigations are focussed on the issue of price fixing.