In recent years, companies have been required to carry out human rights due diligence based on the UN Guiding Principles on Business and Human Rights. In Japan too, the government formulated the National Action Plan for Business and Human Rights in October 2020.
TAIYO YUDEN Group not only complies with the labor laws and regulations of each country in which it operates, it also supports and respects major international standards and rules for protecting human rights, such as the UN Universal Declaration of Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, the UN Global Compact, the UN Guiding Principles on Business and Human Rights, and the standards of the Responsible Business Alliance (RBA).
In May 2020, TAIYO YUDEN signed onto the UN Global Compact and has been acting in accordance with its “Ten Principles,” which are set out under the headings of Human Rights, Labor, the Environment, and Anti-Corruption.
Since FY2020, we have been participating in various subcommittees hosted by the Global Compact Network Japan such as the Human Rights Due Diligence (HRDD) Subcommittee and SDGs Subcommittee.
TAIYO YUDEN Group undergoes a third-party RBA-VAP audit of major sites on a regular basis to evaluate its compliance status with the RBA Code of Conduct. Also, we implement a number of initiatives to safeguard human rights more effectively, specifically, by assigning divisional personnel responsible for addressing issues related to human rights, labor, discrimination, and harassment, as well as building and operating the human rights and labor management system (including regular internal audits) in reference to the RBA Code of Conduct and other international standards. By promoting these initiatives, TAIYO YUDEN Group is aiming to become an enterprise that is trusted by society.
For more information about the RBA-VAP audit, click below;