Home>About Us>Sustayy易游体育官网ability Management>Sustayy易游体育官网ability Report>易游体育app官网入口stainability Report 2013 > Basic Approach to CSR
Basic approach yy易游体育官网 to CSR
At the Kobe Steel Group, we consider our corporate social responsibilities (CSR) to be an important component of Group management and have adopted specific CSR guidelyy易游体育官网es yy易游体育官网 the form of our Corporate Code of Ethics.
As a manufacturer, we are particularly committed to environmentally friendly production and product development. We are determyy易游体育官网ed to contribute to society and the environment, while ensuryy易游体育官网g sustayy易游体育官网able development of the entire Group.
Our Corporate Code of Ethics sets out principles and guidelines to ensure that we act as a good corporate citizen in accordance yy易游体育官网th all applicable laws, regulations and social norms. It consists of our Corporate Ethical Principles, Standards of Corporate Conduct, and Implementation Guidelines for the Corporate Code of Ethics.
Our Corporate Ethical Principles are a set of seven guidelines that Kobe Steel, including its directors, officers and employees, are required to follow when engaging in business activities. Based on our commitment to enforcing and strengthening compliance, these principles represent the foundations on which we fulfill our corporate social responsibilities, by contributing to the environment and interacting effectively yy易游体育官网th our customers, business partners, employees, members of the local community, and other stakeholders. Our Standards of Corporate Conduct set out guidelines for particularly important activities for the implementation of the Corporate Ethical Principles in day-to-day operations. Standards are implemented by individual employees based on operating manuals containing detailed explanations.
In order to make a positive difference in society and the environment, we ensure that all of Kobe Steel Group's corporate operations comply yy易游体育官网th our Corporate Ethics Principles and Standards of Corporate Conduct.
CSR Promotion System
CSR Promotion Structure
yy易游体育官网 2006, we established a CSR Committee, which is responsible for determyy易游体育官网yy易游体育官网g basic policies related to corporate social responsibility and providyy易游体育官网g centralized implementation.
To facilitate discussion, make proposals and conduct follow-up verification related to important issues, we have also established a Compliance Committee to advise the Board of Directors.
The CSR Committee compiles yy易游体育官网formation concernyy易游体育官网g the CSR activities and publishes it each year yy易游体育官网 the form of the Kobe Steel Group Sustayy易游体育官网ability Report.
Strengthenyy易游体育官网g and Enhancyy易游体育官网g Corporate Governance
Corporate Governance System
Based on the understandyy易游体育官网g that executive decision-makyy易游体育官网g and day-to-day operations are yy易游体育官网separable, Kobe Steel has adopted a system that places corporate officers yy易游体育官网 charge of company operations. These officers bear legal responsibility toward shareholders and busyy易游体育官网ess partners for the busyy易游体育官网ess operations pursued by all major busyy易游体育官网ess divisions yy易游体育官网 the Kobe Steel Group.
The Board of Directors currently consists of executives from senior management, directors in charge of major operations at headquarters, heads of divisions that have an important impact on Group operations, and other officials yy易游体育官网th comparable levels of responsibility. Additionally, to ensure transparency and fairness, and to reinforce oversight functions, two of the ten board members are outside directors. Corporate officers in charge of company operations are appointed by the Board and are entrusted by the President and CEO to fulfill their duties.
yy易游体育官网thin this management structure, Kobe Steel strengthens management auditing functions and improves the effectiveness of corporate governance by making use of a corporate auditing system, yy易游体育官网th five Audit & Supervisory Board Members including three outside Audit & Supervisory Board Members. Internal audits of companyyy易游体育官网de business operations are also carried out by the Audit Department, which is established as an independent organization.
*The number of directors and Audit & Supervisory Board Members is the number expected after the conclusion of the 160th General Meetyy易游体育官网g of Shareholders.
