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Corporate Ethics

We are committed to various group-wide initiatives intended to further improve and strengthen our corporate ethics and legal compliance systems in accordance with our Corporate Code of Ethics.

Corporate ethics structure

We have established the Compliance Committee headed by the President to reinforce our corporate ethics. The Compliance Committee is responsible for deciding company-wide policies as well as medium- to long-term and annual action plans to further improve our corporate ethics and compliance, and is working to develop and improve the corporate ethics and legal compliance systems for the entire Group including affiliated companies.

Activities to improve corporate ethics

Rank-based training


Rank-based training

We provide training courses on corporate ethics targeting three specific employee ranks: managerial employees, mid-level employees, and rank-and-file employees (including entrusted workers and workers dispatched from temporary agencies). We require all employees to attend a training course at least once every four years. In fiscal 2017 and fiscal 2018, we conducted a total of 74 corporate ethics training courses for rank-and-file employees with over 1,700 people participating. In these training courses, we shared the importance of "not doing things that you know to be wrong" because thoughtless words and actions by just one person can have a negative impact on their workplace colleagues and even the company as a whole. Moreover, in addition to "not doing things that you know to be wrong" individually, which is to be expected, we also emphasized "doing what you think is right (for other people, the workplace and the company)" since "pretending not to see" troublesome behavior by colleagues amounts to not nipping more serious future problems in the bud. In addition, participants also learn that the actions of each individual contribute to preventing corporate scandals and cultivating a healthy corporate culture.

Awareness initiatives in the workplace

To ensure the penetration and adoption of corporate ethics throughout the workplace, we conduct corporate ethics training courses for each workplace once every six months. This training has become a forum for active discussion within each workplace based on a training program that covers violations of corporate ethics and legal violations and similar actions prepared based on situations that actually arose in other companies. We have been implementing this program at our Group companies in Japan since January 2018.

Corporate Ethics Guidebook distribution


Nippon Shokubai
Corporate Ethics
Guidebook

Nippon Shokubai Group
Corporate Ethics
Guidebook

We have prepared the Nippon Shokubai Corporate Ethics Guidebook, and we distribute it to our employees and revise it as appropriate. We have also prepared the Nippon Shokubai Group Corporate Ethics Guidebook for our Group companies in Japan, and we distribute it to the employees in each company. The content of these guidebooks serves to increase individual awareness of corporate ethics and supports learning activities. The books include behavior guidelines that should be followed not only in daily work but also in private life, commentaries and a Q&A section, for example. They are also effectively used for employee training.

Awareness activities on our corporate ethics portal


Corporate ethics portal

Our corporate intranet hosts a corporate ethics portal titled "Understandable Corporate Ethics." It lists various kinds of manuals including the manuals as to basic information on contracts, competition laws in various countries, observance of anti-bribery laws and subcontract law, links to websites covering related laws and regulations, and a FAQ page. This site presents the latest available information, and it is updated whenever the relevant laws and regulations are revised.

Whistleblower System

As part of our initiatives to implement corporate ethics and compliance, we have established the Whistleblower System under which facts or suspicions of legal or corporate ethics violations inside the company can be freely reported to the internal reporting desks we have set up both inside and outside the company. The intention of the whistleblower is always respected in determining whether or not to disclose the details of the information and the name of the whistleblower, with the objective of protecting the whistleblower.

Compliance

For Compliance with Anti-Bribery Laws ( Nippon Shokubai Group's Code of Conduct )

Nippon Shokubai Group Companies strictly prohibit any corruptions in breach of applicable laws in our business activities.
In order to express and give shape of such group policy, we adopt the group code of conduct, which all the individuals working for Nippon Shokubai Group Companies should comply with.
Group Code of Conduct

For Compliance with Competition Laws ( Nippon Shokubai Group's Code of Conduct )

Nippon Shokubai Group Companies will conduct all business transactions based on free and fair market competition principle.
In order to express and give shape of such group policy, we adopt the group code of conduct, which all the individuals working for Nippon Shokubai Group Companies should comply with.
Group Code of Conduct