By practicing The Nabtesco Way, the Nabtesco Group strives to ensure management transparency, provide safety, comfort and a sense of security, and fulfill its corporate social responsibilities, thereby contributing to solving environmental and social issues and seeking to enhance corporate value on a sustainable basis.
In 2016, the Nabtesco Group established the “CSR Basic Policy” with the aim of pursuing CSR management in a more systematic manner. The “CSR Basic Policy” explicitly states that the Group strives to address its material CSR issues by implementing The Nabtesco Way in its effort to fulfill corporate social responsibilities in order to meet stakeholders’ demands and expectations.
The policy to “Ensure management transparency” and “Provide safety, comfort and a sense of security” upheld under the CSR Basic Policy represents the Group’s material issues. By incorporating the concept of materiality into the CSR Basic Policy, we are strategically tackling CSR issues that are important to the Group as well as to its stakeholders.
（Material CSR Issues）
|Major SDGs of
|Governance (G)||Strengthen corporate governance|
|Promote risks management and compliance behavior|
|Ensure proactive dialogue with stakeholders|
a sense of
|Society (S)||Enhance customer satisfaction
Ensure quality and safety
|Develop human capital and promote workplace diversity
Provide safe and comfortable workplaces
|Respect human rights
|Fair, proper and transparent procurement activities|
|Local community development|
|Environment (E)||Countermeasures for climate change|
|Environmentally friendly manufacturing|
|Reduction of environmental impact through products and services|
|Recycling, reuse and remanufacture of products|
As part of our process of periodically reviewing materiality, the Group’s CSR Committee repeatedly discussed what issues should be addressed with priority, while taking into consideration global social issues and exchanging views with external experts.
Specifically, we identified issues faced by the Group as a whole in reference to our customers’ CSR questionnaire results, sustainability information disclosure standards*1, and information provided by ESG research organizations*2, as well as issues that need to be addressed by each division and department. Then, we assessed the materiality of the identified issues from the perspectives of “importance for stakeholders” and “importance for our company,” and specified those assessed as particularly material to be included among our material CSR issues.
Furthermore, the Group is also proactively implementing initiatives aimed at the achievement of sustainable development goals (SDGs) in view of the latest trends in global sustainability.
Of the 17 SDGs, those with strong relevance to the Group’s material CSR issues are indicated.
The United Nations Global Compact (UNGC) is an international initiative that calls on companies and organizations to demonstrate responsible and creative leadership and take action as good corporate citizens for the achievement of sustainable growth. Signatories of the UNGC are required to comply with the “ten principles” set in the areas of human rights, labor standards, the environment, and anti-corruption, and implement voluntary measures with a strong commitment from their senior management.
Nabtesco signed the UNGC to show its support for the initiative in April 2014. Since then, the Company has been donating a certain amount of money every year to contribute to the implementation of the aforementioned ten principles including the protection of human rights. We have been proactively participating in symposiums and study groups organized by the global compact Network Japan. In fiscal 2017, we have participated in the study groups on SRI/ESG, reporting, environmental management, supply chains (including human rights and the environment), anti-corruption, and human rights due diligence. Building on the cooperation and dialogues with external initiatives that we have engaged in by participating in these events, we will continue to interact with other participating companies and learn from advanced examples how to better foster CSR-oriented management at our Company.
We have taken proactive measures for achieving the Sustainable Development Goals (SDGs). By setting targets associated with those goals among the 17 SDGs that have strong relevance to our material CSR issues, and thereby addressing materiality, we are striving to realize a more sustainable society.
Katsuhiro TERAMOTO Representative Director, Presidents and CEO, Nabte...
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