TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it has appointed executive officers for its key regional operations, effective from April 1, 2021, as a move to strengthen overseas business activities and governance at overseas subsidiaries. Toshiba also announced that a Sustainability Management Division will begin work on the same date, a measure to further reinforce group-wide efforts at sustainability management and to reflect sustainability perspectives in all corporate activities.
1. Appointment
of executive officers for each region
Toshiba Group operates a wide range of
businesses around the world. In order to establish the structure needed to
promote group-wide regional strategy alongside global strategy for each
business, an executive officer will be appointed to oversee operations in each
of four key geographies: the Americas; Europe, the Middle East and Africa; Asia-Pacific;
and China and East Asia. The executive officer will be responsible for developing
comprehensive strategies and establishing personnel and organizational
structures for the region, so as to grow business in overseas markets and ensure
good governance of overseas subsidiaries.
2. Establishment of Sustainability Management
Division
As efforts toward the achievement of a sustainable
society progress globally, stakeholders’ expectations and demands for solutions
to social issues represented in the UN Sustainable Development Goals (SDGs) are
increasing. "Committed to People, Committed to the
Future." is the long standing Basic Commitment of the Toshiba Group. As a
member of a global society that faces many issues, Toshiba closely considers
the long-term impacts of its activities on that society, and aims to resolve
some of these issues through its business activities, know-how and
technologies. The Sustainability Management Division will promote
the reflection of sustainability perspectives in management, and promote ESG
management and achievement of the SDGs. The sustainability-related functions of the Corporate Communications
Division and the social contributions function of the Human Resources and
Administration Division will be transferred to the new organization to
accelerate group-wide initiatives.
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