Participation in Initiatives

UN Global Compact

The UN Global Compact upholds 10 principles in the four areas of human rights, labour, environment and anti-corruption, and is a global initiative for businesses to voluntarily take actions as good corporate citizens for the achievement of sustainable growth.

Strongly supporting the 10 principles, TAIYO YUDEN CO., LTD. will further contribute to solutions to social issues and the creation of an affluent society by developing and supplying smart products in line with its management policy.

For more details regarding UN Global Compact, please refer to;

https://www.unglobalcompact.org

10 Principles of the UNGC and TAIYO YUDEN CSR Code of Conduct

10 Principles of the UN Global Compact TAIYO YUDEN CSR Code of Conduct

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2: make sure that they are not complicit in human rights abuses.

Article 7 (Responsible Procurement)

  1. Reliable and stable supply shall be maintained, understanding the relationships with social responsibilities in our supply chain.
  2. Dominant bargaining position to suppliers shall not be abused, unfair trade limit shall not be imposed, nor shall unfair trade practice be entered.

Article 12 (Respect of Human Rights, Anti-Discrimination and Anti-Harassment)

  1. The diversity, personality and individuality shall be respected and the work environment without any discrimination shall be ensured.
  2. No power harassment or sexual harassment by authority shall be conducted.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4: the elimination of all forms of forced and compulsory labour;

Principle 5: the effective abolition of child labour; and

Principle 6: the elimination of discrimination in respect of employment and occupation.

Article 11 (Labor)

  1. No child labor, forced labor or its support, enhancement or promotion shall be made.
  2. Work conditions shall be controlled appropriately. (Wages, work hours, holidays and etc.)

Article 12 (Respect of Human Rights, Anti-Discrimination and Anti-Harassment)

  1. The diversity, personality and individuality shall be respected and the work environment without any discrimination shall be ensured.
  2. No power harassment or sexual harassment by authority shall be conducted.

Article 13 (Safety and Health)
Workplace safety shall be always ensured so that employees could work without anxiety and health of employees are maintained.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;

Principle 8: undertake initiatives to promote greater environmental responsibility; and

Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Article 10 (Environmental Conservation)
Environmental burden in every business activity in research, design and development of the product, procurement of parts and materials, manufacture, sales and associated services shall be reduced for global environmental conservation.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Article 2 (Response to Whistle-Blowing)

  1. If a fact or a suspect of violation of laws and regulations or company rules including this Code of Conduct is found, it shall be reported to the specified addressee.
  2. Any raised concern shall be promptly investigated, fact confirmed and misconduct solved with the best measure.
  3. In case the informer has no dishonest purpose, the person shall not suffer unreasonable loss nor unfair treatment such as dismissal.

Article 8 (Fair Trade)
Any unfair business practice or suspected act of cartel behavior, abuse of dominant bargaining position, tie-in sales or other acts for improper restriction of trade or unfair transaction shall be never committed.

Article 15 (Business Entertainment, Gift, etc. and Prohibition of Conflict of Interest)

  1. The entertainment and gift to the customers, and from the business partners shall be limited to the minimum within the scope of social common sense and moderate relationship shall be maintained.
  2. The business entertainment, gift giving shall be prohibited and fair relationship shall be maintained within TAIYO YUDEN Group.
  3. Any act which leads to personal interest or interests of third parties against TAIYO YUDEN Group interest shall be prohibited.

Article 16 (Politics, Government and Antisocial Power)
In order to maintain healthy and proper relationship with politics and government, bribe-giving and misleading acts shall be never made.
The involvement with antisocial power and entity such as gangsters, terrorist groups, and religious cults shall be consistently refused.

Task Force on Climate-related Financial Disclosures (TCFD)

TAIYO YUDEN has endorsed the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), which was established by the Financial Stability Board (FSB). Going forward, we will strive to analyze the "risks" and "opportunities" that climate change presents to our business and promote active information disclosure to our stakeholders based on the TCFD recommendations that ask for the disclosure of climate-related information that may have a financial impact.