Toray Group recognizes that fulfilling its corporate social responsibility (CSR) is equal in importance to ensuring business expansion, and pursues active CSR efforts group-wide. In spite of these efforts, we regret to report that in March 2009, Toray and Toray Pef Products Inc. received administrative orders from the Japan Fair Trade Commission in relation to price fixing of cross-linked high-foaming polyethylene sheets. Toray Group takes this matter very seriously and will continue to implement thorough measures to prevent similar reoccurrence.
At the same time reforms are being implemented on a global level to its business and organizational structures in order to survive the current global economic situation and its severe impact. In promoting these reforms, Toray Group believes that it is important for all employees to be aware of the crisis and to work towards a common objective. Therefore, I am striving harder than ever on a daily basis to push forward with our CSR activities in order to help achieve sustainable growth for Toray Group.
Since its founding, Toray Group has remained committed to making social contributions through its business activities based on a Corporate Philosophy of "contributing to society through the creation of new value with innovative ideas, technologies, and products." Toray systematically promotes CSR activities based on the understanding that these activities are synonymous to the realization of Management Philosophy.
The Corporate Missions outlines the company's policies towards its four main stakeholders, while its Corporate Guiding Principles set out conduct objectives for individual employees with the overreaching goal of maintaining Toray's standing as a good corporate citizen. The Corporate Ethics and Legal Compliance Code of Conduct provides more specific examples of proper behavior in support of the Management Philosophy.
To ensure that CSR activities based on this way of thinking are adopted by all Toray Group companies and employees, a CSR Committee was established in 2003 and the First Road Map was drawn up as a three-year plan. The CSR Guidelines were formulated in 2004. Moreover, the position of overall supervisor for CSR and CSR Operations Department were appointed in 2007.
The CSR Guidelines include activities for reduction of environmental impact that were already being undertaken by Toray Group based on its Ten Basic Environmental Rules, while key issues concerning social responsibility were added. This formulates a unique set of CSR guidelines.
- Related information
Toray Group CSR activities are characterized by the parallel promotion of CSR guideline activities and CSR line activities. CSR guideline activities are driven by the entire organization based on the CSR Guidelines, which include a comprehensive list of the issues that Toray Group is addressing, while CSR line activities are those being pursued by individual divisions based on their own targets.
For the CSR guideline activities, each relevant division establishes an Action Program for the coming year, which is carried out under the direction of a responsible director. Activity progress and results are regularly reported to the Company--Wide CSR Committee, which are later publicly disclosed through the CSR Report.
CSR line activities, on the other hand, are activities in which all Toray Group employees participate. Since 2005, the key persons appointed among the head office section managers have been in charge of administering these activities. CSR line activities have already been fully implemented at subsidiaries and affiliates in Japan, but are still being expanded to subsidiaries and affiliates outside Japan, based on conditions in the relevant countries.
The Company will continue to share examples of CSR line activity expansion within Toray Group, as it aims to further invigorate and firmly establish these efforts.
- A Conceptual Diagram of Toray's Management Philosophy and Code of Conduct
Toray Group shares its overall plan for CSR activity promotion in the form of a CSR Road Map, which it undertakes through continuous PDCA cycles*. FY 2008 marked the first year of the Third CSR Road Map. During the fiscal year, CSR training and full-scale implementation of group-wide risk management were carried out according to plan. Details and progress conditions for the CSR Road Map are shown below.
- *PDCA
- The management cycle that follows the order of Plan, Do, Check and Act.
- Third CSR Road Map (FY 2008-2010)
