1 Vision & Strategy
As one of the worlds largest car manufacturers, Toyota is committed to tackling environmental and social issues. The companys approach is both long-term and holistic. The total life rhythm method of the product, from design and use of materials to end-of-life recycling, is examined for environmental impact, as will be shown in this report. But Toyota is also concerned with the socio-economic aspects of its trading operations, such as the health and safety of employees, as well as that of the communities in which the company operates.
The Toyota Way
Toyotas response to the challenges of promoting environmental and social rightness involves a total commitment from management and employees. This commitment is assured by a set of managerial values, business methods and beliefs conjointly known as The Toyota Way. All Toyota employees are anticipate to embody these values in their daily work and new(prenominal) activities, including environmental protection and social initiatives. To respect the environment, other population and the communities around them, they must go to the source to identify and prove problems (Genchi Genbutsu), move on to challenge conventional ideas and old habits, thereby implementing their commitment to continuous improvement (Kaizen) through teamwork.
Among other things, the mannequin provided by the Toyota Way enables the company to respond to a bulky variety of social and environmental challenges at various stages and areas of its operations and activities. To summarise, the Toyota Way is based on two main objectives: continuous Improvement (Kaizen) and compliance for People. These main objectives, in turn, are severally reflected in the five key values that make up the Toyota Way: Challenge Kaizen (continuous improvement) Genchi Genbutsu (going to the source to make correct decisions) Respect Teamwork
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The Toyota Guiding Principles and Contribution towards Sustainable Development
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