In April 2011, JSR carried out a revision of JSR Group's Essential Elements, which consists of a Corporate Mission (our “significance of existence”), Management Policies (evaluation standards), and a Course of Action (individual work styles).
The JSR Group mission is to create value through materials to enrich society, people and the environment. In this process, it is important that we act with integrity as a good corporate citizen and live up to the trust that our stakeholders place in us. Our Group CSR represents the initiatives we employ to successfully achieve our mission and as such we view CSR as a key management issue.
Corporate Mission and Management Policies
Our value is not limited to “materials” but includes the components that capitalize on the strengths of the materials themselves.
As society evolves, so does the demand for specialized materials and advanced products. JSR continuously evolves to anticipate and responds to changing marketing needs and, in doing so, achieve dynamic growth.
As society evolves, so will our organization. JSR will build on its existing positive corporate culture to create an organization and management style with the vitality to keep evolving.
JSR will position itself to increase our overall corporate value by creating businesses through materials with focuses on customer satisfaction and the fulfillment of employees.
●Constantly evolve to meet the demand for new materials
●To be evaluated and rewarded based on fair standards
●Continuous opportunities to grow by challenging themselves
●Acceptance of the diversity of fellow colleagues and to be provided a place where all employees can work together as a team
●Responsible and respectful business practices (Responsible Care) that consider the environment and safety
●Aiming to increase corporate value by creating business opportunities through materials
The JSR Group reorganized its system to promote CSR in June 2008. The Group works to improve initiatives as a whole, operating a CSR Department to support CSR advancement as well as the following four committees: the Corporate Ethics Committee, which works to establish ethical corporate behavior and prevent misconduct; the Responsible Care Committee, which promotes sustainability by advancing “responsible care;” the Risk Management Committee, which seeks to further improve risk management systems; and the Social Contribution Committee, which decides and promotes social contribution activities to be undertaken by the Group.
Figure: Organizational chart of the four committees
Basic Approach to Workplace Safety, the Environment, Quality, and Product Safety
- ●Workplace Safety:
- Continue our record of accident- and disaster-free operations, ensuring the safety of our employees and the local community, as we coexist with society.
- Reduce environmental impact throughout our entire business cycle, from product development to product disposal, doing our part to preserve the environment.
- Offer quality products and services that both meet customer requirements and ensure user safety.
- ●Product Safety:
- Verify safety at all stages, from raw materials to finished product, protecting the health and property of all individuals involved.
Basic Approach to Risk Management
- ●Our Group believes that preventing a major crisis from occuring and minimizing its effect on business activities is an important role of management. The Group has established a Risk Management Committee, and actively pursues risk management activities.
Basic Approach to Social Contribution
- ●Our Corporate Mission dictates that we make a contribution to society through our business activities. Further, as a responsible member of society, we are actively engaged in providing solutions to society's needs and issues.
- ●We are continuously engaged in positive social contribution activities, capitalizing on our “chemical/technological” knowledge and skills that form the core of the JSR business.
- ●Every employee is a point of contact between the Company and society. We actively support our employees in their voluntary participation in social contribution activities.
- Participating in the United Nations Global Compact
On April 14, 2009, the JSR Group became a participant in the United Nations Global Compact. Amidst increasing pressure for corporate social responsibility, businesses operating on a global level need to make a greater commitment to human rights, labor, the environment and anti-corruption, as expressed in the ten principles of the Global Compact. The JSR Group considers its participation in the Global Compact to be a proclamation of its dedication to acting responsibly in the international community and to work even harder to fulfill our corporate social responsibility.
Since FY2011 (April 1, 2010 to March 31, 2011), we have been contributing to the Global Compact Japan Network (GC-JN) by serving as a GC-JN auditing company.
The Ten Principles (United Nations Global Compact) (1) Businesses should support and respect the protection of internationally proclaimed human rights; and (2) make sure that they are not complicit in human rights abuses. (3) Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; (4) the elimination of all forms of forced and compulsory labour; (5) the effective abolition of child labour; and (6) the elimination of discrimination in respect of employment and occupation. (7) Businesses should support a precautionary approach to environmental challenges; (8) undertake initiatives to promote greater environmental responsibility; and (9) encourage the development and diffusion of environmentally friendly technologies. (10) Businesses should work against corruption in all its forms, including extortion and bribery.
Key Stakeholders Involved with the JSR Group
Based on the understanding that everything begins from society's expectations, JSR emphasizes dialogue with stakeholders to avoid making self-serving decisions.
Measures to Raise Awareness at Group Companies
JSR held CSR Report Presentations at each worksite of all divisions in Japan, including those of group companies, and distributed the JSR Group CSR Handbook as part of efforts to raise awareness of CSR throughout the Group.
CSR Report Presentation
Business Administration Div.
JSR Trading Co., Ltd.
Attending the CSR Report Presentation has refreshed my understanding of the importance of fulfilling our social responsibility as a company. We at JSR Trading Co., Ltd. are striving to expand our business into global markets based on a core environment strategy. We hope to acquire a deeper understanding of diversity and other CSR issues and to work together to conduct effective business activities.
External Recognition for CSR Activities
East Asia 30 certificate
JSR enjoys a high reputation as a company committed to its CSR. As of April 1, 2011, we have been listed on the FTSE4Good Index Series and the Ethibel Pioneer & Excellence international socially responsible investment (SRI) indices and the Morningstar Socially Responsible Investment Index (MS-SRI), a well-known index in Japan.
We have been listed on the FTSE4Good Index Series for eight consecutive years. We are also the only Japanese company selected from the Japanese chemical sector for the Ethibel Pioneer & Excellence index.
And in December 2010, we were selected and awarded as one of the East Asia 30, the top CSR performing companies in Japan, China, and Korea.