#Japan #Tokyo #DENSO #Dentsu #STRAVIS

Dentsu and Denso Collaborate on Sustainability Data System

In a significant move toward enhancing corporate sustainability, Dentsu's research division has announced it will provide its STRAVIS platform to Denso Corporation. This data collection infrastructure is designed specifically to gather and report sustainability-related data on a global scale, with an expected full rollout by April 2027.

Context of the Collaboration

As companies face increasing pressure to disclose sustainability information—prompted by new regulations such as Japan's Sustainability Disclosure Standards and the European Corporate Sustainability Reporting Directive—there is a growing need for reliable management of non-financial information. Dentsu's STRAVIS is equipped to address these demands through a flexible and comprehensive data collection framework that emphasizes governance and operational efficiency.

Denso has outlined ambitious sustainability goals in its mid-term management plan, “CORE 2030.” The plan emphasizes specific sustainability KPIs across various domains, including environmental initiatives and corporate foundations. However, with approximately 200 subsidiaries and operational sites worldwide, the company needs to streamline its non-financial data collection processes while ensuring strict management of its KPIs.

Key Features of STRAVIS

1. User-Friendly Interface for Efficient Data Input
The STRAVIS platform offers a customizable interface, allowing Denso's group companies to easily input the necessary data items, facilitating external disclosures. Information can be aggregated and compiled comprehensively through STRAVIS-LINK XB, a web interface.

2. Enhanced Internal Controls and Compliance
STRAVIS comes with built-in error checking, log and history management, notifications, and other features that reinforce internal controls, promoting an efficient data collection process. Its reliability has been proven across various corporate systems, ensuring it can withstand third-party guarantees and legal disclosure requirements.

3. Scalability and Maintenance
With expectations that regulations surrounding sustainability disclosures will evolve, STRAVIS has been designed with flexibility in mind, allowing for easy adjustments to the data collection items. Moreover, Dentsu plans to transfer skills to Denso through the project, enabling the company to enhance its internal management capabilities over time.

4. Proven Record and Support
The STRAVIS platform has extensive implementation experience within major manufacturing firms. Its adoption rate among large companies with over 3 trillion yen market caps showcases its credibility in supporting sustainability disclosure initiatives. Dentsu will provide a dedicated team to guide Denso from requirements definition to the full operational phase.

Future Outlook

Dentsu is committed to supporting Denso in the establishment of this crucial data collection system, aiming for a robust implementation by April 2027. The plan includes developing optimal data input screens, primarily focused on climate change, as mandated by the Sustainability Disclosure Standards. Through its unique coaching methodology, Dentsu intends to empower Denso to manage its data collection processes autonomously.

In conclusion, this partnership between Dentsu and Denso aims to not only meet regulatory requirements but also enhance corporate sustainability efforts significantly. As both companies navigate the evolving landscape of sustainability disclosure, the STRAVIS platform is poised to play a pivotal role in Denso's commitment to transparency and responsible corporate governance.

For more information, visit Dentsu.