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Participation in External Initiatives

 

In February of 2009, we announced our participation in and signed the "United Nations Global Compact (UNGC)." As a UNGC participating company, we support the 10 Principles. We are strengthening our network with other participating companies and organizations and striving to contribute to society, with an understanding of our CSR activities from a global perspective.

The Ten Principles of the UN Global Compact

Human Rights

  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2: make sure that they are not complicit in human rights abuses.

Labour

  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: the elimination of all forms of forced and compulsory labour;
  • Principle 5: the effective abolition of child labour; and
  • Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

  • Principle 7: Businesses should support a precautionary approach to environmental challenges;
  • Principle 8: undertake initiatives to promote greater environmental responsibility; and
  • Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

 

See the following website for details regarding the United Nations Global Compact.


Task Force on Climate-Related Financial Disclosures (TCFD)


In May 2021, we expressed support for the recommendations of the Task Force on Climate-Related Financial Disclosures, which encourages companies to disclose climate change-related financial information.
With regard to the four requirements (governance, strategy, risk management, and metrics and targets) based on the TCFD recommendations, we made preparations based on the STEP scenario analysis presented by the Ministry of the Environment, and since fiscal 2022, we have disclosed climate change initiatives and related information in accordance with TCFD guidance. Going forward, we will continue to strive for even more environmentally friendly management and the realization of a sustainable society through enhanced disclosure.

Responding to climate change


 

TCFD Consortium


At the same time that we expressed our support for TCFD, we joined the TCFD Consortium, an organization established for the TCFD-supporting companies, financial institutions and others to discuss effective information disclosure and efforts to connect disclosed information to appropriate investment decisions by financial institutions and others.



JCI:Japan Climate Initiative


This network was established to enhance the dissemination of information and the exchange of ideas among companies, local governments, and NGOs actively engaged in climate change countermeasures in Japan and aims to realize a decarbonized society. We have been participating in the Japan Climate Initiative since January 2019.