Sustainability

Code of Conduct

In 2007, Hosiden Corporation formulated the Hosiden Group Code of Conduct for CSR (Corporate Social Responsibility) with regard to “fair trade and business ethics,” “human rights and labor conditions,” “operational health and safety,” “environmental protection,” etc., in an effort to realize sustainable social development, ongoing value creation, and enhance the competitiveness of the Hosiden Group (Hosiden Corporation and its affiliated companies).
In order to consistently earn the trust of both society and customers, the Hosiden Group will fulfill its primary social responsibility of functioning as an enterprise dedicated to producing and supplying products required by customers and society, and will promote sound business operations in compliance with relevant laws and regulations, and with the Code of Conduct.

Basic Policy on Responsible Mineral Procurement

The Hosiden Group considers that if the important mineral resources of raw materials are minerals from conflict areas and high risk areas (CAHRAs) including the Democratic Republic of the Congo (DRC) and its neighboring countries, the Organization for Economic Co-operation and Development (OECD) Promote activities in line with the Due Diligence Guidance Annex II for Responsible Supply Chains of Minerals from Conflict and High Risk Areas. The basic policy is not to use these minerals, which are sources of funds for organizations that cause human rights violations such as forced labor and child labor in mining, environmental destruction, money laundering and other conflicts and illegal acts in mining. The Hosiden Group will work with suppliers to improve transparency in the supply chain.

If a suppliers should be found to be using minerals that were used to finance organisations that cause human rights abuses including forced labor and child labor in conflict-affected areas and high-risk areas (CAHRAs) including the Democratic Republic of the Congo (DRC) and its neighboring countries, we should immediately request that the procurement of those minerals should be stopped and take corrective action immediately. In order to achieve this, we require suppliers to source specific mineral resources (tantalum, tin, tungsten, gold ,cobalt.) from smelters that have been certified as not being complicit in the problem by an internationally credible framework such as the RMI (Responsible Minerals Initiative).