Social acceptance risk relating to environmental and human rights practices in the supply chain
First written in FY2021. 3 of 4 entries say "Mitigated", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As part of its human rights due diligence, the Company has begun assessing human rights risks and is working to build a responsible supply chain by prioritizing action on high-risk areas, including “forced labor,” “child labor,” and “occupational safety,” at production facilities in Japan and overseas.」
Regarding environmental and human rights practices in the supply chain, the Company began assessing human rights risks and moved to the stage of prioritizing action on high-risk areas such as forced labor, child labor, and occupational safety. - FY2024MitigatedAnnual report
「As part of its human rights due diligence, the Company assesses human rights risks and is working to build a responsible supply chain by prioritizing action on high-risk areas, including “forced labor” and “child labor,” at overseas production facilities.」
Regarding environmental and human rights practices in the supply chain, the Company specified human rights risk assessments and priority action on high-risk areas in addition to its code of conduct and Group Human Rights Policy. - FY2023MitigatedAnnual report
「Regarding the “supply chain,” in addition to establishing a “Code of Conduct for Product Procurement Business Partners” aimed at improving supply chain transparency and preventing human rights violations while taking environmental considerations into account, the Company newly established a Group Human Rights Policy in April 2023.」
To address the social acceptance risk arising from inadequate environmental and human rights practices in the supply chain, the Company established a Group Human Rights Policy in addition to a code of conduct for business partners. - FY2021First statedAnnual report
「In the apparel industry, business operations that take environmental and human rights considerations into account throughout the supply chain are particularly important. If the Company is unable to achieve such management, the Group's corporate activities may cease to be accepted by society over the medium to long term, including through a loss of support from customers and investors.」
The Company identified as a separate risk the potential decline in customer and investor support and social acceptance if its sustainability initiatives are inadequate.