Participating in the initiatives/organizations

Initiatives

Signing and initiatives for the United Nations Global Compact

United Nations Global Compact (UNGC) logo

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 1: Supporting and respecting human rights
Principle 2: Non-complicity in human rights violations
Labor
Principle 3: Freedom of association and recognition of the right to collective bargaining
Principle 4: Elimination of forced labor
Principle 5: Effective abolition of child labor
Principle 6: Elimination of discrimination in employment and occupation
Environment
Principle 7: A precautionary approach to environmental issues
Principle 8: Environmental responsibility iitiatives
Principle 9: Development and dissemination of environmentally friendly technologies
Anti-corruption
Principle 10: Combating corruption in all its forms, including extortion and bribery
United Nations Global Compact Website Global Compact Network Japan (GCNJ) website (Japanese only) 

Agreeing with the TCFD recommendations

Task Force on Climate-related Financial Disclosures Logo

Toward the realization of a carbon-neutral (CN) and recycling-oriented society, we aim to utilize our group's strengths, "provide for society capabilities," and fulfill our "responsibility to support people's lives" and "Responsibility to protect the global environment now and in the future." With regard to our efforts to address climate change, we will continue to disclose information in accordance with the TCFD recommendations, which we signed in 2020, while also expanding disclosure with an eye toward disclosure within the IFRS S2 framework, and accelerate our efforts with the understanding and cooperation of our stakeholders. Our current disclosure of information regarding our climate change response in accordance with the TCFD recommendations is available at the following link.

Carbon neutrality/climate change action TCFD website

Participation in GX League

GX league logo

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.

GX league website (Japanese only) 

Participation in the ESG Information Disclosure Study Group

ESG Information Disclosure Study Group Logo

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.

ESG Information Disclosure Study Group website (Japanese only) 

Participation in Circular Partners

Circular Partners

In 2024, we joined Circular Partners, a partnership to promote collaboration between industry, government, and academia with the aim of realizing a circular economy.
The Ministry of Economy, Trade and Industry established this initiative based on the "Growth-oriented Resources Autonomous Economy Strategy" formulated in March 2023. Because realizing a circular economy is difficult for individual companies to achieve alone, it requires collaboration and expansion of efforts among stakeholders throughout the entire lifecycle, and this initiative is part of that.

Circular society Circular Partners website (Japanese only)

Participation in the Clean Ocean Materials Alliance (CLOMA)

Clean Ocean Materials Alliance (CLOMA) Logo

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.

Clean Ocean Materials Alliance (CLOMA) website

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.