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Basic Sustainability
Policy
MANAGEMENT
PHILOSOPHY AND
POLICY AND
SUSTAINABILITY
We have a set of management philosophies that have been important to us since our founding.
The sustainability initiatives mentioned in the President's message will be a new challenge, but these principles will not change.
- 01Company Policy
- Our Company Policy incorporates the elements necessary for ESG management.
We believe that "good" in "create good products" and “well-made" means maximizing value for our customers, and that in addition to quality and specifications, we must also use environmentally friendly materials and production methods that enhance sustainability.
We also believe that a "bright and prosperous" company based on “self-reliance" means that we manage our business by placing the highest priority on protecting the health, safety, welfare, fairness, equality, job satisfaction, and livelihood of our employees, which is the foundation of our management, and that this will lead to our company's sustainable growth and continued provision of value to our customers.
We also believe that "steady, progressive, and harmonious" is the very foundation of our ongoing business, as we work to ensure governance, risk management, and compliance.
- 02Vision & Mission
- In order for us to "be the best partner" by "providing high quality and competitive products and innovative solutions," we believe that our commitment to sustainability is essential, as stated by the President. Therefore, together with our employees and business partners, we will continue to clearly hold this mission and conduct our business toward this vision.
Corporate Message on Sustainability
We regard sustainability as an important management issue, values its management philosophy, and is fully committed to promoting ESG management. Therefore, we have reiterated YAMADA Management Policy and mapped them to the elements required for ESG management.
- 6. Global Team Work
- We will try to achieve the company goal and commitment by Global Team Work with trust.
- 7. Execution and Continuity
- We will execute all subjects and issues with sincere attitude and value the continuity of the basic action to gain the customer satisfaction and trust through our continuous improvement.
- 8. Can Do Attitude
- We always have "Can Do Attitude". We will never give up the higher goal and will think how we can make it happen instead of bringing the reason of impossible.
With the ESG factors mapped out in each clause in mind, we have developed basic policies and guidelines to guide our actions.
- Overall Policy Based on Our Management Philosophy(Process for Developing Our SDGs Policy from Our Management Philosophy)
- Specific Departmental Policies
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- Environmental Policy
- Human Rights Policy
- Corporate Governance
- Community Involvement Policy
- Sustainable Procurement Policy
- Procedures Based on These Policies
BASIC POLICY ON
SUSTAINABILITY
We consider sustainability initiatives to be an important social mission, and promote initiatives that consider the global environment and society in all areas of our corporate activities through our core business. Based on this basic sustainability policy, we will carry out various activities and aim to realize a sustainable future together with society.
Policy for Sustainability Initiatives
We hereby declare our basic policy to address the identified materiality.
- 01Pursuit of quality
- We will strive to improve the quality and safety of our products and services in order to meet user expectations and improve customer satisfaction.
- 02Reduction of environmental load
- In consideration of the preservation of the global environment, we will promote initiatives to reduce environmental impact, such as reducing greenhouse gas emissions, efficiently utilizing natural resources, and minimizing waste.
- 03Respect for Human Rights and Diversity
- We respect the human rights and diversity of all people involved in our business, including employees and business partners, and make efforts to fulfill our social responsibilities.
- 04Ensuring employee health and safety
- Based on the recognition that the health and safety of our employees is of utmost importance, we will enhance the systems required of a company and undertake initiatives such as the maintenance of necessary equipment and fixtures.
- 05Coexistence with Local societies
- Based on the conviction that good relationships with local societies support our business continuity, we will actively develop social contribution activities.
- 06Strengthening corporate governance
- In order to maximize corporate value, we will strive to strengthen corporate governance, including appropriate decision-making by management, highly transparent information disclosure, thorough risk management, and compliance.
Sustainability Management Structure
From January 2023, we have assigned the role of promoting sustainability to the Headquarters Administration Division as a Sustainability Management Structure for the entire YAMADA Group. The management headquarters receives the strategies decided by the management team, and the policies and guidelines are disseminated from the management headquarters to each department of the head office and production sites that makes up the global network, and instructions and monitoring of on-site operations.
Sustainability Management Structure
- Board of Directors
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- ・Determining business strategies related to sustainability.
- ・Monitoring, supervision and advice on sustainability initiatives.
- Administration department
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- ・Penetration of policies and guidelines.
- ・Instruction and monitoring of on-site operations.
- Information Security Promotion Office
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- ・Formulation of information security polices, etc.
- ・Instruction and monitoring of on-site operations.
- Head office departments
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- ・Understanding and adherence to policies and guidelines.
- ・Execution of field operations.
- Global network production sites
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- ・Understanding and adherence to policies and guidelines.
- ・Execution of field operations.
Role of Administration departments Regarding Sustainability
- 01
- Formulation of strategies for the entire YAMADA Group to make solving social issues through business the basis of corporate activities through initiatives for sustainability.
- 02
- Identification of medium- to long-term sustainability risks and opportunities and materiality.
- 03
- Formulate policies, guidelines, and operating procedures for sustainability initiatives, and set KPIs and targets for monitoring.
- 04
- Overseeing the progress of sustainability initiatives and advising on-site.
- 05
- Report to the Board of Directors business strategies related to sustainability that should be deliberated by the Board of Directors.
- 06
- Report to the Board of Directors on the status of sustainability initiatives.
Stakeholder communication
We will redefine our stakeholders for our business and strive to communicate with each stakeholder regarding sustainability based on the following policy.
| Stakeholder | Method | Timing | Agenda |
|---|---|---|---|
| Customers |
Call centers Commercial activities Website Trade shows and other events |
Daily |
|
| Supplier |
Sustainable procurement briefing CSR Self-assessment Audit/improvement activities |
Annually |
|
| Supplier hotline | Daily | ||
| Employees | General Meeting | Annually |
|
| 1 on 1 meetings between superiors | half period | ||
|
Regular meetings with trade unions Health and Safety Committee Company newsletter |
Regularly | ||
| Whistle-blowing system | Daily | ||
| Communities |
Activities contributing to local communities Website |
Regularly |
|
CSR Management Target for Suppliers
Increase the implementation rate of CSR survey evaluations to 70% of total sales by 2025.