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Yahama

OVERALL

Owned
JPN
Rating
Praises, some criticism

Conglomerate

World's largest musical instrument manufacturing company. Yamaha Motors is an independent company, with Yamaha Corporation as a major shareholder.

Yamaha Corporation   JPN     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Yamaha Corporation
Environment CDP Climate Change Score of A-
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
Source: CDP (2022)
Social CDP Water Security Score of B
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B.
Source: CDP (2022)
Business Ethics Price fixing in Germany
In 2021 the German government fined Yamaha, Roland, and Fender nearly 21 million euros for "resale price maintenance." The Federal Cartel Office found over the course of its years-long investigation that Yamaha representatives had coordinated with contacts at the offending instrument stores to agree upon "certain minimum sales prices" for products. This arrangement dated back to at least 2005 and proceeded into 2017.
Source: Digital Music News (2021)
Business Ethics Still operating in Russia
Since the invasion of Ukraine began, Yale University has been tracking the responses of well over 1,200 companies, and counting. Over 1,000 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions - but some companies, including Yamaha, have continued to operate in Russia undeterred.
Source: Yale (2022)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Business Ethics Sustainability claims
This company has extensive sustainability claims on its website including policy statements.
Source: company website (2022)
Social Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2021)
Business Ethics 59/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 59/100 in the Leisure Equipment & Products and Consumer Electronics category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)

> About the Icons

Company Details

Type Public company
Founded 1887
Revenue 372.6 billion JPY (2021)
Employees 19,895 (2022)
Subsidiaries Yamaha Music Australia Pty Ltd 

Music equipment

Contact Details

Address Shizuoka, Japan
Website www.yamaha.com

Products / Brands

Yamaha Music Australia
Yamaha Soundbars


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