Business Impacts of Human Rights Violations
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2025.
5 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In fiscal 2025, the company made clear its support for the United Nations Guiding Principles on Business and Human Rights and revised its Basic Human Rights Policy to further strengthen its initiatives to respect human rights.」
The company clarified its support for the United Nations Guiding Principles on Business and Human Rights and revised its Basic Human Rights Policy. Supplier surveys and on-site audits are also continuing. - FY2024AdvancedAnnual report
「The company conducted questionnaire surveys and verification of target suppliers and, in fiscal 2024, conducted on-site audits of 10 of them.」
The company continued verifying suppliers against the KPI of zero cases of child labor or forced labor and expanded the number subject to on-site audits from 9 in the previous fiscal year to 10. - FY2023AdvancedAnnual report
「In fiscal 2023, the company conducted questionnaire surveys and verification of target first-tier suppliers in regions with a high incidence of labor and human rights risks, namely Latin America, Southeast Asia and Greater China, using zero cases of child labor or forced labor as a KPI, and conducted on-site audits of 9 of these suppliers.」
The company verified the target suppliers against the KPI of zero cases of child labor or forced labor and progressed to the specific action of conducting on-site audits of 9 suppliers. - FY2022MitigatedAnnual report
「The company is pursuing initiatives using as a KPI zero cases of child labor or forced labor among first-tier suppliers in regions with a high incidence of labor and human rights risks, namely Latin America, Southeast Asia and Greater China, with the goal of completing verification during fiscal 2023.」
Regarding human rights risk, the company established a KPI of zero cases of child labor or forced labor among first-tier suppliers in the target regions, with completion of verification by fiscal 2023 as a specific response target. - FY2020First statedAnnual report
「Business activities that respect human rights are essential to maintaining ongoing corporate operations. Human rights violations could affect the group’s business performance and financial position through litigation, compensation payments and damage to corporate value. The group complies with international standards and laws concerning human rights and labor and works continuously to improve its initiatives.」
The company newly classified the potential for litigation, compensation payments and damage to corporate value arising from human rights violations as an ESG risk, with compliance with international standards and laws and operation of the RBA framework serving as countermeasures.