Management System and Promotion Activities
We have organized the risks and opportunities the Teijin Group faces, and established a sustainable management base to promote CSR activities.
The Teijin Group aims for sustainable development of business and society by promoting CSR activities integrated in business, and has appointed a Chief Social Responsibility Officer as the person in charge of CSR activities, who is demonstrating strong leadership.
The basic CSR policy and strategies are discussed in the Group CSR Committee, and the CSR Officer comprehensively considers the internal and external environmental audits and internal audit results to make proposals to the management committee. That management committee deliberates and makes decisions for the CSR basic policy and strategies.
We have organized the risks and opportunities the Teijin Group faces with the aim of contributing to the development of a sustainable world, and established a sustainable management base to promote CSR activities.
In order to implement the Teijin Group’s CSR activities in a unified and effective manner, a main division/organization in charge is specified under the supervision of the CSR Officer for each important CSR issue. This main division/organization then starts the PDCA cycle of planning medium- to long-term and single fiscal years (Plan), implementing this plan (Do), evaluating (Check), and improving (Action) to achieve ongoing improvement and enhancement of our CSR activities.
PDCA approach to CSR activities
Group CSR Committee
The Teijin Group has regular meetings of the Group CSR Committee chaired by the CSR Officer twice a year.
- Sharing the Group’s response to important CSR issues and progress toward achieving its goals
- Extracting issues related to important CSR matters of the Group and making proposals for countermeasures
In FY2019, we shared our policy on addressing the SDGs incorporated in the Medium-Term Management Plan 2020-2022 and discussed important issues such as respect for human rights, prevention of public official bribery, and CSR procurement activities.
Holding of the global CSR meeting
On October 8, 2019 personnel in charge of CSR from the head office and major group companies gathered for the global CSR meeting held in Arnhem, the Netherlands. The participants in the meeting, which was chaired by the Chief Social Responsibility Officer, reconfirmed the CSR Medium-Term Plan and shared our policy of disseminating the spirit of the new Code of Conduct, revised on the occasion of centennial, among directors and employees around the world through our corporate ethics handbook and video teaching materials.
In addition, in order to promote compliance activities requiring response on a global scale, such as anti-corruption, respect for human rights, we shared information about the establishment of leniency programs and routes to report to company auditors which are stipulated in the Group’s newly established whistleblowing regulations. Furthermore we shared information on CSR trends in each country.
Results of reviews by Chief Social Responsibility Officer
(Law violations and occurrence of accidents)
The Teijin Group conducts a survey by the Chief Social Responsibility Officer of the Compliance and Risk Management(CRM) activities in business groups and group companies. This review checks the response of each business group and group company to important CSR issues and assesses whether there were any serious violations of laws or accidents based on the compliance and risk management activities survey submitted from business units and group companies.
Previously, the review by the Chief Social Responsibility Officer was held in February, but in order to reflect the matters pointed out in the plan for the next fiscal year starting in April, we changed it to October that is in the middle of the fiscal year.
Of the matters reported to the Chief Social Responsibility Officer in October 2019, there were no serious ones relating to violations of laws or accidents.
Implementation of employee awareness survey
We have been implementing an employee awareness survey to monitor the understanding and behavioral of employees in light of our philosophy, including the Code of Conduct, and to consider future measures to achieve greater understandings and wareness.
To conduct this survey, we have expanded the CSR Awareness Survey we had previously implemented for all employees of Japanese group companies until FY2017 to all employees worldwide. Based on the values laid out in the new Code of Conduct, the survey contains an awareness survey of general CSR issues, with questions about items such as corporate philosophy and brand statements, awareness of corporate ethics, employee satisfaction, and diversity and inclusion. The answers are scored and determined on five levels, evaluating the rate of penetration for CSR awareness.
In FY2019, we shelved the implementation of the questionnaire and considered re-setting target values based on the new Medium-Term Management Plan and reviewing our operations and systems for global expansion. The survey is scheduled to resume in FY2021.
Status of inclusion in SRI indices (as of August 2020)
The Teijin Group was evaluated on its initiatives for ESG to date, and for its transparency in information disclosure. As a result, we continue to be included in the following leading socially responsible investment (SRI) indices.
- Inclusion in Socially Responsible Investment (SRI) Indices
- Dow Jones Sustainability Indices
- FTSE4Good Index Series
- Ethibel Investment Register
- Selected for the components of all four ESG Indices used in Government Pension Investment Fund (GPIF)
- MSCI Japan ESG Select Leaders Index
- MSCI Japan Empowering Women Index (WIN)
- FTSE Blossom Japan Index
- S&P/JPX Carbon Efficient Index
- Note: The inclusion of the Teijin Group in the MSCI Index and the use of the MSCI logo, trademark, service marks or index names by the Teijin Group, are not attempts by MSCI and affiliated companies to sponsor, advertise or promote sales. The MSCI indices are the exclusive property of MSCI and the names and logos of MSCI and MSCI Indexes are trademarks or service marks of MSCI or its affiliates.
- As a company with excellent ESG initiatives, we have been selected for two programs
- Nadeshiko Brand 2020 for promoting the active role of women in the workplace
- Company with Excellent Health Management (White 500)