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Daiichi Life Group (8750) · RiskFirst stated

Risks Related to Human Rights Violations

First written in FY2023-Q3. . Latest entry: FY2023-Q3.

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Risk of Reputational and Performance Deterioration Due to Human Rights ViolationsA theme 62 companies write about · 63 as a headwind · 0 as a tailwind

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  1. FY2023-Q3First statedAnnual report

    「If an incident constituting a human rights violation occurs in the Group's business activities, including its supply chain, it could lead to reputational risks such as consumer boycotts and backlash on social media, legal risks such as litigation and administrative penalties, operational risks such as strikes and talent outflows, and financial risks such as a decline in the share price. If a serious human rights issue comes to light in a country where the Group operates, the Group could also be forced to withdraw from that country.」

    For the first time, human rights violations in business activities, including the supply chain, were disclosed as a standalone risk that could have repercussions for reputation, legal matters, operations, finances, and withdrawal from markets.
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