CSR Guidelines & Activity Reports - Risk Management
Business Continuity Plan Initiatives
Ensuring Preparedness for Major Earthquakes
Toray Group maintains a business continuity plan (BCP) for the event of a major earthquake, which has been identified as a priority risk to address.
Toray Group’s basic policy when ensuring business continuity in the event of a major earthquake is to meet its social responsibility to continue supplying products. The top priority of the plan is to confirm employees’ safety and prevent any impact on the local community. In addition to striving to prevent the damage from expanding and to prevent any secondary damage, the Group works to continue the supply of key products and to restore business quickly. In line with this, the Group consistently carries out evacuation drills based on a scenario involving an earthquake, systematically renovates plant buildings for better seismic resistance, and devises business continuity plans.
In fiscal 2018, Toray Industries, Inc. created and began administering BCPs for key products selected from each business in accordance with the procedures for developing BCPs for designated key products in an earthquake. In addition, group companies in Japan identified key products and began establishing BCPs, just as Toray Industries does.
In addition, Toray Group has continued to conduct company-wide drills on setting up an emergency response headquarters since fiscal 2012.
During the earthquake that occurred in northern Osaka in June 2018, the Group succeeded in promptly setting up an emergency response headquarters and confirming the safety of employees, thanks to preparations made during normal conditions. In addition, Toray Group used a damage mapping system able to rapidly and accurately map any damage to business partners and group companies using location data in an emergency, which it introduced following the Great East Japan Earthquake, to quickly confirm the situation across the supply chain.
Toray Group will continue to strengthen its capacity to respond to earthquakes with training and other measures.