Toray is actively working to reduce risk in business-as-usual conditions as well as to prevent future crises. At the same time, we are also preparing a crisis management framework by adopting Crisis Management Regulations to enable us to deal with crises that could have a dramatic impact on the continuation of management and business activities.
Toray's risk management system is illustrated in the figure on page 39, and is divided between risks encountered in normal times and emergencies.
In normal times, the Risk Management Committee pursues company-wide risk management by following up on the risk management conditions resulting from the activities of the Risk Management Committees in each of Toray's divisions, departments, offices and plants and reports its findings to the CSR Committee. The Committee also handles the company-wide risk management policy, including the planning and execution of personnel education and training.
When an actual accident or environmental crisis occurs, information is transmitted along the emergency report route and the Crisis Management Regulations go into effect, causing emergency headquarters to be established both on-site and at the company level. The On-site Emergency Headquarters coordinates with the Companywide Emergency Headquarters to deal with the incident while bringing in support from other plants and divisions in the area. The Company-wide Emergency Headquarters makes and implements decisions from a company-wide perspective, for example dealing with government agencies and providing emergency information to individuals and organizations both inside and outside the company.
*1 Notification will be conducted according to the Emergency Reporting Route for Significant Disasters, Environmental Accidents, and Other Crisis Outbreaks.
Each division, department, office and plant has established its own major activities plan, and developed its own risk management activities. The following outlines some of the main activities undertaken in FY 2006:
| Major Activity Plan | |
|---|---|
| Divisions, departments |
(1) Violation of corporate ethics and legal compliance (2) Information leak (3) Export control (4) Product safety, etc. |
| Offices, plants |
(1) Earthquake countermeasure (2) Fire and explosion (3) Environmental accident (4) Response to suspicious persons, etc. |
| Risk | Activity condition | |
|---|---|---|
| Divisions, departments |
Violation of corporate ethics, and legal compliance | Executed education and study meeting related to laws and regulations |
| Information leak | Implemented regular inspection of information security management | |
| Export control | Executed education and study meeting related to export control | |
| Product safety | Implemented product safety review | |
| Offices, plants |
Earthquake | Reevaluated earthquake protection standards and executed earthquake emergency training. Implemented earthquake-proofing of important buildings |
| Fire and explosion | Undertook voluntary inspections based on an independent checklist of fire and explosion risks | |
| Environmental accident | Established standards and undertook training under abnormal drainage. | |
| Response to suspicious persons | Strengthened control of entry and exit, reviewed and reinforced crime prevention systems |
