Participating in the initiatives/organizations
Initiatives
Signing and initiatives for the United Nations Global Compact
In July 2019, Idemitsu Kosan announced its support for the 10 principles of the United Nations Global Compact (UNGC) regarding human rights, labor, the environment, and anti-corruption. We have also joined Global Compact Network Japan (GCNJ).
The UNGC is a global initiative that calls for participation in addressing social issues with the aim of realizing a sustainable society, and private companies and organizations express their voluntary intention to participate by signing the UNGC. GCNJ is also a local platform in Japan, and many domestic companies and organizations are members. By participating in both initiatives, you will be able to share expertise, the latest trends, and case studies related to social, environmental, and other activities with participating companies.
Our company supports the 10 principles related to human rights, labor, the environment, and anti-corruption advocated by the UNGC, and strives to raise each employee's awareness of solving social issues.As a globally expanding energy co-creation company, we will continue to make further contributions to creating a sustainable society through our business.
●10 principles of the United Nations Global Compact
| Human rights |
Principle 2: Non-complicity in human rights violations |
|---|---|
| Labor |
Principle 4: Elimination of forced labor Principle 5: Effective abolition of child labor Principle 6: Elimination of discrimination in employment and occupation |
| Environment |
Principle 8: Environmental responsibility iitiatives Principle 9: Development and dissemination of environmentally friendly technologies |
| Anti-corruption |
|
Agreeing with the TCFD recommendations
In February 2020, we announced our support for the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures). We believe that considering and implementing the risks and opportunities of climate change and how to respond to them in accordance with the TCFD recommendations is our business strategy itself, and will lead to contributing to a sustainable society. We will utilize the TCFD framework to appropriately disclose information to stakeholders and work diligently to address climate change. Current information disclosure regarding our company's climate change response in compliance with the TCFD recommendations is available at the link below.
Participation in GX League
Our company participated in the "GX League," which was established based on the "GX League Basic Concept" announced by the Ministry of Economy, Trade and Industry. The GX League is a forum for companies actively working on GX to discuss and transform the entire economic and social system in collaboration with governments, educational institutions, financial institutions, etc. with an eye on achieving carbon neutrality and social transformation in 2050. , was established as a place to practice the creation of new markets. Through our participation in the GX League, we hope to contribute to the realization of a carbon-neutral, recycling-oriented society.
Participation in the ESG Information Disclosure Study Group
Our company joined the ESG Information Disclosure Study Group in November 2020. Through research on how companies should appropriately disclose ESG information, this study group aims to contribute to the creation of a system that harmonizes the sustainable development of society with the growth of companies by increasing their own value. It was launched in June. By participating in the activities of this study group, we strive to improve mutual understanding with multiple stakeholders.
Participation in the Clean Ocean Materials Alliance (CLOMA)
Our company and group company Idemitsu Unitech Co., Ltd. are members of the Clean Ocean Material Alliance (CLOMA: Japan Clean Ocean Material Alliance), which aims to solve the ocean plastic problem. CLOMA was established in 2019 to accelerate cross-industry initiatives such as proper management of plastic waste, promotion of the 3Rs, and development of alternative materials. Our company aims to provide safe and stable energy and materials, and actively engages in environmental conservation activities such as solving the marine plastic waste problem, contributing to the creation of a sustainable society.
Participation in the Japan Marine Plastic Issues Response Council (JaIME)
Our company participates in the Japan Initiative for Marine Environment (JaIME). JaIME is a council established by five chemical industry organizations (Japan Chemical Industry Association, Japan Plastics Industry Federation, Plastic Recycling Association, Petrochemical Industry Association, and PVC Industry and Environment Association), and is a council that provides scientific knowledge on plastic waste. We are working on activities such as accumulating these materials and responding to improvements in management in Asian countries. Our company will actively contribute to the chemical industry as a whole's response to the newly emerging ocean plastic problem.