By achieving thoroughgoing commitment to "compliance with domestic and international laws, our articles of incorporation, internal regulations and corporate ethics" and through open and fair corporate activities, we aim to be a company that international society relies on.
The IBIDEN Group adopted the IBIDEN Standards for Employee Behavior in December 1998 and the Compliance Promotion Regulations in August 2003, to facilitate its compliance activities. We continue to increase awareness of compliance, adopting a management approach that seeks to earn the trust and respect of all stakeholders.
The IBIDEN Group has long since stepped up its commitment to compliance, following the introduction of the IBIDEN Standards for Employee Behavior - Employees' Code of Conduct. As our overseas operations rapidly expand with the construction of plants in the Philippines, China, France, and Hungary, we must now ensure compliance with international rules as well as with laws and regulations prevailing in the countries where we do business. Recognizing this, the IBIDEN Group undertook a full review of its compliance program to improve the framework and revised the IBIDEN Standards for Employee Behavior.
At the IBIDEN Group, all officers and employees are determined to respect the IBIDEN Standards for Employee Behavior and create a group of companies that are good corporate citizens in the eyes of the international community.
The IBIDEN Standards for Employee Behavior
IBIDEN runs a broad array of education programs including level-specific and workplace-specific training designed to enhance employee awareness of the importance of compliance. These programs include group discussions on causes of violations of the Employees' Code of Conduct and actions taken in response to the violations. They educate every single trainee in consciously deciding on the right action in a given situation.
We continually provide the CSR Course and examples of compliance practices in our internal magazine and on the intranet as another way to improve staff awareness.
After learning of any suspected compliance violation in the IBIDEN Group, employees are generally required to report it, to consult, and to take action using the chain of command between the superior and the subordinate. We have, however, established a compliance consultation service for quickly solving any problem that cannot be reported through the usual channels. The service is available not only to employees of IBIDEN Group companies but to all those working for the IBIDEN Group. We provide three access channels to facilitate consultation: one inside the Company, another at a lawyer's office, and the other at an outside organization.
To clarify compliance issues at plants, a self-check on morality, security, and respect for human rights is conducted twice a year on a plant-by-plant basis. Any problem identified in this process will be addressed through remedial activities specific to the plant.