CSR Policy and Scope of Activities

Corporate philosophy

We contribute to the progression of
society through innovative technology, with respect for
both individuals and the global environment.

IBIDEN Group Behavior Charter

All CSR activities at the IBIDEN Group are based on our MISSION of "We contribute to the progression of society through innovation technology, with respect for both individuals and the global environment." We pursue activities that enhance the reliability and transparency of management through business so that we will be able to build a relationship based on trust with society, as well as strive to flourish as a going concern and contribute to social advancement.
The direction and the ideal of our CSR activities are shared throughout the entire Group and presented as the IBIDEN Group Charter of Behavior, which takes into account our role as a global corporation and reflects requests and demands from our stakeholders including our major customers around the world.

IBIDEN Group Behavior Charter

CSR Policy

We aim to enhance our corporate value

  • By raising awareness of the need for IBIDEN to act responsibly and honestly in the interest of sustainable operation.
  • By fulfilling our responsibilities in a well-balanced manner from an economic, environmental and social standpoint.
  • By working in partnership with all of our stakeholders.

Scope of activities

The Group strives to contribute to social advancement while achieving continuing existence by implementing CSR management. The vision of the Group’s CSR management has been developed along four themes in our mid-term plan based on corporate philosophy and charter of behavior: internal control, human resource management, environment management, and social contribution. We believe that working from these four viewpoints will allow us to build on our relationship based on trust with our stakeholders by further expanding activities in a wide range of areas.

Scope of activities

Internal control

Corporate Governance

We are enhancing internal control by proactively undertaking activities to advance compliance and risk management and we are expanding/strengthening the management oversight functions of our board of directors and the audit functions of our corporate auditors. These steps will enable us to construct a transparent corporate governance system worthy of the trust of shareholders and other stakeholders and fulfill our corporate social responsibilities, and will help us improve our corporate value through sustained growth.

Compliance

By achieving thoroughgoing commitment to ”compliance with domestic and foreign 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.

Risk Management

We enables business continuity by analyzing various risks surrounding management, accurately handling losses of business resources that have a great negative impact on the ease of our business operations, ensuring the safety of our shareholders, customers and officers, and reducing and preventing losses of business resources.

Human resource management

In line with the IBIDEN WAY, we are committed to respecting the creativity and personality of each and every employee and to value a corporate culture that enables its diverse human resources to fully display their knowledge and capabilities.

Environmental management

We conduct the environmental load reduction activity with all concerned people under IBIDEN WAY, aim Harmony with nature by reducing the bad effect on global environment generated in our business operation and fulfill the role as sustainable company.

Social contribution

We aim to contribute to local communities by taking advantage of our unique corporate characteristics, including our capacity to improve living environments and to offer opportunities for personal development. We take part in and support groups involved in activities of this nature. We also undertake our own community projects across the globe, tailoring them to local cultures and customs, and earning the trust of the international community.

External Corporate Evaluation

SRI evaluation

In recent years, increasing attention has been paid to socially responsible investment (SRI), referring to corporate investment from a social perspective, taking into account considerations such as the environment and social contribution rather than concentrating exclusively on profitability and other corporate and financial targets. The Company conducts gap analyses between targets and results of external corporate evaluations such as SRI evaluation organizations, and identifies elements that are lacking within the Company. The CSR Promotion Division is responsible for analyses. For items which can be improved during the following fiscal year, the relevant departments develop improvement strategies within the action policy. IBIDEN has been awarded “Prime” status by oekom research AG, a Germany-based CSR rating agency, in its CSR rating. (As of June 2016)

Corporate Responsibility Prime rated by oekom research

Assessment by Third-Party Organizations and Our Actions

We respond to observance of the code of conduct of the industry and CSR-related audits conducted by third-party organizations based on customer requirement. During audits, a gap analysis is conducted on the difference between industry standards and the Company’s current efforts, and issues that need to be addressed are identified. We take seriously the issues pointed out during these audits and make improvements by analyzing the causes and implementing corrective actions as well as preventive measures. Furthermore, we are working toward creating a system that meets industry standards by improving upon these issues.
In fiscal year 2015, we underwent official audits of industry standards at the managerial side on labor, human rights, health and safety, environment, and ethics in Malaysia and Japan. There were no findings regarding labor, human rights, and ethics, and we have maintained an excellent compliance rate. Unfortunately, there were findings resulting from the lack of a thorough commitment to internal rules in terms of health and safety. Accordingly, we are developing a system for in-house inspections and improvements to prevent a recurrence.
To perform in-house inspections and internal audits more effectively, we will train certified internal auditors who are well versed in the audit standards of industry associations and implement a cycle of operational improvements by further raising the level of internal audits. In addition, we will undertake external CSR audits on a regular basis to verify the effectiveness of internal audits and enhance the credibility of our CSR activities.