Shin-Etsu Chemical Co., Ltd.

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Management

Shin-Etsu Group Corporate Mission Statement

The Group strictly complies with all laws and regulations, conducts fair business practices and contributes to people’s daily lives as well as to the advance of industry and society by creating value through providing key materials and technologies.

Basic CSR Policy

 

The Shin-Etsu Group:
1.
Will do our best to increase the Group’s corporate value through sustained growth and make multifaceted contributions to society.
2.
Will carry out all of our company activities by making safety always our utmost priority.
3.
Will constantly pursue energy-saving, resources-saving and the reduction of the environmental impact, and seek to help create a sustainable future world in which we all live in harmony with the Earth.
4.
Will endeavor to contribute to the prevention of global warming and the conservation of biodiversity by means of our cutting-edge technologies and products.
5.
Will strive to respect human dignity, assure equality in employment opportunities and support the self-fulfillment of our employees.
6.
Will appropriately disclose information in a timely manner.
7.
Will carry out trustworthy corporate activities that are based on the integrity of the Group’s ethical values.

CSR Promotion Structure

CSR Promotion Initiatives

We believe that it is the social responsibility of the Group to contribute to our stakeholders, such as shareholders, investors, customers, business partners, local communities and employees.

To achieve this, we formulated the Basic CSR Policy and internal regulations, and are carrying out CSR activities. In order to promote CSR activities in an effective and appropriate manner at a company wide level in all aspects of corporate activity, we have set up a CSR Promotion Committee comprising managers from the relevant divisions and departments, and have appointed a director in charge of CSR and the President serves as Committee Chairperson.

 

CSR Organizational Chart

*Renamed as the ESG Promotion Committee as of August 1, 2017.

 

Outline of the Corporate Mission Statement, Basic CSR Policy, and the Shin-Etsu Group’s activities

 

  • Shin-Etsu Group Corporate Mission Statement
  • Basic CSR Policy
    • Corporate Governance
    • Compliance with Laws and Regulations
    • Information Asset Management Intellectual Property Management
    • Material Procurement
    • Risk Management
    • Environmental Management
    • Safety, Health, Process Safety and Prevention Plan
    • Quality Control Product Safety
    • Human Rights and Employment
    • Contribution to society

 

Diagram of the Shin-Etsu Group’s various relationships

  • Shareholders and investors
  • Customers
  • Business partners
  • Local communities
  • Employees

 

Participant in UN Global Compact

In November 2010, the Shin-Etsu Group has joined to the UN Global Compact. As life in society has become more complex and more diverse in recent years, the social responsibilities of enterprises have grown.

Against this background, the Shin-Etsu Group remains firmly committed to its corporate mission statement, which calls for it to strictly comply with all laws and regulation, conduct fair business practices and contribute to people's daily lives as well as to the advance of industry and society by providing key materials and technologies. At the same time we ensure a flexible response to changes in the social and economic environment.

The Group has also been participating in the Global Compact Network Japan since November 2010. The Group takes part in subcommittees, such as the Supply Chain and SRI/ESG to utilize information on the latest development of CSR, gained from participation, for promoting the Group’s CSR.

 

Global Compact Ten Principles
Network Japan WE SUPPORT
Human Rights
  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2: make sure that they are not complicit in human rights abuses.

 

Labour
  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: the elimination of all forms of forced and compulsory labour;
  • Principle 5: the effective abolition of child labour; and Principle 6: the elimination of discrimination in respect of employment and occupation.

 

Environment
  • Principle 7: Businesses should support a precautionary approach to environmental challenges;
  • Principle 8: undertake initiatives to promote greater environmental responsibility; and Principle 9: encourage the development and diffusion of environmentally friendly technologies.

 

Anti-Corruption
  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Evaluation from Society

The Company is incorporated in the following socially responsible investment (SRI) index.

MS-SCI
 
MS-SCI
 
MS-SRI
as of January 4, 2017
Member of SNAM

 

Utilization of Supply Chain CSR Management Systems

The Group utilizes supply chain CSR management systems, such as EICC-ON1 and Sedex2, to disclose CSR information.

1
EICC-ON
An online database organized by non-profit organization CSR Alliance® (Electronic Industry Citizenship Coalition [EICC®]) for managing labor, health and safety, environment and ethics in the supply chain. Enterprises in the global electronic industry take part in electronic industry CSR Alliance®.
2
Sedex

An online database organized by and named after non-profit organization Sedex, for storing and accessing data regarding ethical and responsible business practices. Enterprises in the global industries, including food, automobile, cosmetics and amenity, have joined Sedex.