ESG Management Statement

In 2021, we established our ESG Management Statement along with the formulation of medium-term business plan, thus announcing Foster's commitment to management focused on E (Environmental), S (Social), and G (Governance) initiatives, both internally and externally.

It expresses in specific terms our commitment to working on ESG management in the mid to long term and what we want to be like, toward the realization of the sustainability of both the Group and society, by positioning the well-being of our employees, who are at the root of all corporate activities, as the base of our activities.

Foster Group ESG Management Statement

Our ESG initiatives stem from our corporate creed of “Sincerity”. The “Sincerity”, is defined in Foster Rhythm* as “Always tell the truth, be kind to others as well as the planet, and serve with all your heart”.
At Foster, employees play the central role in ESG activities. A company cannot promote ESG if it cannot make its employees, who are at the root of all corporate activities, happy. Based on this idea, we have positioned “Be Happy 80%” for employees as the base point of our ESG activities. We would like to contribute to a future society to fulfill the expectations of all the stakeholders We believe that 80%, not 100%, is the benchmark for happiness. We have left room to consider the satisfaction of other stakeholders as well as that of our company and ourselves.

  • *Foster Rhythm:Corporate philosophies including the corporate creed of “Sincerity” which were expressed in plain words by our employees, so they will be understood by our global employees

Foster is strongly committed to ESG and aims to achieve the following from a long-term perspective.

  1. 1Initiatives to promote “Decarbonized Society”, “Resource Recycling”, and “Harmony with Nature” and tireless efforts to achieve “Zero Emissions”
  2. 2Exciting, unrestricted work styles appropriate for each life stage and goal in life
  3. 3A society where people with diverse attributes, such as age, gender, nationality, and creed, respect each other and accept each other as they are
  4. 4A true expert trusted by customers and business partners
  5. 5Having “Zero Defects” established in various aspects, including product quality and business quality
  6. 6Improving the quality of people’s lives by providing solutions through sound and vibration technologies
  7. 7Implementing strict risk management and enhancing the compliance structure, which contributes to strengthening corporate governance

→ Enriching people’s lives with the power of sound and vibration and delivering happiness and sustainable future to all stakeholders -- this is what we desire to do at Foster.