Toray Group Corporate Social ResponsibilityToray Group Corporate Social Responsibility Initiatives
Toray Group has established CSR Guidelines to govern its CSR initiatives. Intended to be comprehensive, they cover aspects from corporate governance to social contribution. The CSR Guidelines consist of ten themes, each of which is assigned an implementation leader.
|CSR Guidelines Revised June 2023|
|1. Corporate Governance
Continually revise management systems, strengthen internal controls as part of efforts to fulfill the company’s social responsibilities.
|2. Ethics and Compliance
Ensure all executives and employees uphold a sense of responsibility, fairness and high ethical standards, and act with a keen sense of compliance to maintain the trust of society.
|3. Safety, Accident Prevention, and Environmental Preservation
Ensure the safety and health of society and employees, and protect the environment in all business processes, from procuring raw materials and manufacturing to the supply and disposal of products.
|4. Product Quality and Safety
Provide safe, highly reliable products by striving to enhance management systems for product quality assurance and safety, and disclose appropriate information.
|5. Risk Management
Under normal conditions, assess and analyze risks, and strive to mitigate and prevent them from materializing; and in the event of a crisis that could have a significant impact on management activities, strive to prevent damage from increasing, by bringing the situation quickly under control and normalizing conditions with a prompt and appropriate response.
Disclose corporate information in an active, fair and straightforward manner to maintain management transparency; and disclose information appropriately to encourage dialogue and cooperation with stakeholders including customers, employees, stockholders, business partners, consumers, mass media, and other parties.
|7. Contributing Solutions to Social Issues through Business Activities
Leverage innovation to provide solutions to various social issues such as climate change, resource and energy use, water resource and natural environment conservation, improvement of medical care, and promotion of public health, thereby contributing to sustainable development for society.
|8. Human Rights Promotion and Human Resources Development
Respect human rights, provide safe and healthy workplaces for employees, secure and train personnel, and diversify while striving to protect employment.
|9. Establishing Sustainable Supply Chain
To establish a sustainable supply chain, work closely with suppliers, processing vendors, subcontractors, customers and distribution companies to implement socially responsible procurement throughout the supply chain in order to ensure responsible practices with respect to environmental preservation and human rights.
|10. Social Contribution Activities as a Good Corporate Citizen
Proactively participate in local communities and the larger society in order to contribute to development in a way betting a good corporate citizen.
Every three years Toray Group draws up a CSR roadmap based on its CSR Guidelines. This serves as the Group's medium-term plan for executing CSR initiatives. Under this roadmap, specific action goals as well as key performance indicators (KPIs) are set to quantitatively monitor yearly progress.
Click here for the CSR Roadmap 2025, which covers the period from fiscal 2023 to fiscal 2025.
"CSR Guideline Activities" and "CSR Line Activities"
Toray Group implements "CSR Guideline activities" (group-wide CSR activities) and "CSR line activities"(workplace-driven CSR activities) in parallel. The former are driven by the entire organization based on the CSR Guidelines, while the latter are pursued by individual divisions.
Organizational Structure for Social Responsibility
Toray Group's CSR Committee (headed by the chief CSR officer) serves as a group-wide deliberative organization for important issues concerning social responsibility. The committee is aligned with seven other group-wide committees and works to promote CSR activities. The issues discussed by the CSR Committee are reported to the Board of Directors.
In addition, each group company has its own CSR-related committee and committee meetings, comprising a structure for promoting CSR throughout the entire Toray Group.
The following page reports on the prevalence of CSR activities at Toray Group.