CSR Management
Basic approach to CSR
The Group has established the CSR Policy in the spirit of our corporate philosophy and defined CSR as:
- ・Engaging in corporate activities that incorporate concern for the environment and initiatives to ensure social fairness and contribution to the community;
- ・Fulfilling the duty of accountability to stakeholders; and
- ・Working to improve corporate activities not only in the economic aspect, but also in environmental and social aspect. (For the CSR Policy, see here)
United Nations Global Compact
In 2015, we signed the United Nations Global Compact, which is a global framework for the international community to achieve sustainable growth, and we support ten principles in four areas of human rights, labour, environment and anti-corruption (hereinafter “10 GC principles”). We have also joined the Global Compact Network Japan, a local organization for the UNGC, and been engaged in activities to practice 10 GC principles and achieve SDGs.
■United Nations Global Compact
■The Ten Principles of the UN Global Compact
Human Rights |
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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. |
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Labour |
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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 |
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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 |
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Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery |
For improvement of corporate value
Nowadays, companies have been required to not only achieve corporate performance (economic value), but also to be an entity that is needed by society (social value). Corporate growth cannot be expected without being required by society. For NTN to continue to be a company recognized by society, we need to face social issues and aim to achieve a sustainable society through the practice of our corporate philosophy.
In 2018, we established the corporate philosophy code of conduct, “NTN SPIRIT,” to spread the philosophy thoroughly. “NTN SPIRIT” stipulates credos and actions expected for every employee to pursue. In NTN, “spread” is divided into three steps of “recognition,” “empathy and understanding,” and “practice,” to promote initiatives that will lead to practice.