Five Commitments to Stakeholders Based on Respect for People
First written in FY2017. 2 of 5 entries say "Reframed", first in FY2021. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「The new human resources strategy will be pursued under the slogans “Make Every Employee a Driver of Transformation” and “More Co-Creation & Innovation,” with the aim of achieving 3 changes in activities: strengthening capabilities in the field, promoting co-creation and improving the ability to create new value.」
Based on “Work in Earnest” and the new code of conduct, the human resources strategy was made specific around making every employee a driver of transformation, with capabilities in the field, co-creation and new value creation defined as the areas of change. - FY2025ReframedAnnual report
「The new code of conduct comprises 3 basic attitudes, “A Thorough Sense of Ownership,” “An Unquenchable Desire to Grow” and “Integrity and Mutual Trust,” and 4 capabilities, “Continue to Take on Bold Challenges,” “Always Think and Decide,” “Overcome Differences” and “Bring Out the Best in People.”」
Based on “Work in Earnest,” the post-integration code of conduct was reorganised into a new code comprising 3 basic attitudes and 4 capabilities. - FY2021ReframedAnnual report
「We have codified this as our corporate philosophy, “Work in Earnest,” and will take on the challenge of future transformation, providing a guiding principle for each employee.」
In addition to the previous “respect for people” philosophy and commitments to stakeholders, the corporate philosophy was codified as “Work in Earnest” and positioned as a guiding principle for employees in pursuing future transformation. - FY2018RestatedAnnual report
「Since its foundation, Idemitsu has practised its management philosophy of “respect for people” through its business and aims to become a company that is widely valued and trusted by society.」
The 5 commitments to stakeholders based on respect for people are restated as management policies. - FY2017First statedAnnual report
「Since its foundation, Idemitsu has practised its management philosophy of “respect for people” through its business and aims to become a company that is widely valued and trusted by society. Based on this approach, the following five commitments to stakeholders serve as the Group's management policies.」
The 5 management policies are to create new value for customers, contribute to society, return results to shareholders, collaborate with partners, and support employees' personal growth and fulfilment.