Third-Party Comments
Purpose of the Third-Party Verification
Olympus, to ensure that its report was correct in content, easy to read, and sufficiently transparent, was subject to a third-party verification at its CSR Department, Environmental Development Department, Research and Development Center (Hachioji) and Aomori Olympus. The independent third-party auditor, TUV Rheinland Japan, an ISO 14001-certification organization that checks the environmental promotion capability of Olympus, undertook a review to see if (*1) all important information and environmental data had been gathered, totaled, and disclosed by valid means (*2) if the report was complete with important information from the guidelines referenced in the CSR Report (*3) if such information was accurately described.
*1 Validity of the report: Verifying whether any information that is damaging to the management of the company was omitted or judgment on the importance of the report with
respect to the necessity of descriptions was arbitrary i.e., the degree of influence that false data or omitted data could have on the judgment of stakeholders
*2 Completeness of the report: Verifying whether all the information was disclosed in accordance with guidelines referred to in the report
*3 Accuracy of the report: Verifying whether the data in the report was accurately measured or calculated
Having Received the Third-Party Verification and Opinion
TUV Rheinland Japan gave us high marks for our efforts on CSR, our active information disclosure utilizing printed materials and our Web site, and our environmental accounting system. It was, however, pointed out that the report lacked completeness because we used both paper media and the Web in conjunction, and failed to clarify our concrete strategies and policy commitments towards the future. Olympus will promote interactive communication with stakeholders to create and implement better policies and actions regarding CSR.
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