Basic Sustainability Policy

Basic Sustainability Policy

The GUNZE Group will create economic and social value and contribute to the realization of a sustainable earth and society through highly transparent management and compliance with globally accepted fairness rules, while keeping the founding spirit of "coexistence and co-prosperity with all stakeholders based on respect for people and production of quality products" as the warp, and responding to the expectations of society in good faith and flexibility as the weft. We will contribute to the realization of a sustainable earth and society by creating economic and social value through highly transparent management and compliance with globally accepted fair rules.

For Our Customers

We will always think from the standpoint of our customers, understand the culture and customs of each country in the world where we do business, and strive to provide excellent products and services, practicing the motto "Happy to Sell, Happy to Buy". We will strive to realize a sustainable society by developing and providing environmentally and people-friendly products and services, while pursuing safety, security, comfort, and satisfaction, with quality as our first priority.

For our business partners

We aim to realize co-existence and co-prosperity. We will conduct fair and free transactions in compliance with the relevant laws and regulations of the respective countries in which we do business. We will not offer or accept gifts or entertainment that may raise questions of fairness. We will follow the Supplier Code of Conduct and seek to prohibit discrimination in employment, forced labor, and child labor.

For local communities

We will actively participate in social and community activities, build friendly relationships with society, and contribute to social sustainability.

In our relationships with our employees

We respect human rights, personality, and individuality, do not discriminate in employment or treatment based on race, nationality, gender, or other factors, and strive to provide equal opportunities. We will respect the human rights of all persons involved in our business activities and will not engage in inhumane labor practices such as forced labor, child labor, or harsh disciplinary punishments. We will comply with laws regarding working hours, wages, and benefits, and ensure a pleasant, harassment-free work environment in which employees can work safely and healthily.
We value diversity, promote skill development that enables employees to play an active role in the right place with the right resources, and nurture human resources who can contribute to society. GUNZE respects the freedom of association of employees to form labor unions of their own volition and the right to collective bargaining, to the extent not prohibited by law.

For the Global Environment

We will contribute to the realization of a sustainable earth and society by actively working to protect the global environment, including biodiversity, and reduce greenhouse gas emissions in all of our business activities, as well as by providing environmentally friendly products and services.

For Shareholders and Investors

Based on our corporate philosophy of co-existence and co-prosperity, we will practice sustainable management and enhance corporate credibility. We will place importance on dialogue with shareholders and investors, and will respond to their trust by actively and fairly disclosing corporate information.

Sustainability Promotion System

The GUNZE Group considers the building of a sustainable society as our social responsibility, and we are working on medium-to long-term themes and major promotion items with the aim of achieving sustainable management. We have also established a Sustainability Committee, which aims to realize a sustainable society and enhance our corporate value through our business activities. The medium- to long-term themes and major issues to be addressed may be changed or added after deliberation by the Sustainability Committee.

Medium- and Long-term Themes and Major Promotional Items

1. Response to Climate Change
2. Realization of a resource-recycling society
3. Sustainable procurement
4. Wellness and health
5. Consideration for people and society

GUNZE Group company presidents, division heads, heads of functional divisions, general managers of functional departments, and presidents of affiliated companies have the following responsibilities in the efforts to promote sustainability.

1. We raise awareness of sustainability among members of our own divisions and departments, and implement sustainability management.
2. We execute and promote the company-wide promotion items on sustainability determined by the Sustainability Committee at your own department or division.
3. When requested by the Sustainability Committee, we will investigate the status of sustainability promotion in our own divisions and departments, and respond to the Committee on the current status and issues, etc.
4. We provide educational and training opportunities to improve understanding of sustainability among members of their own departments and divisions.



Governance Structure for Sustainability Promotion
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Roles of Committees and Organizations in Sustainability Promotion
Committees and Organizations Roles
Board of Directors Monitors the progress of measures to address sustainability issues, including issues pertaining to the environment, particularly climate change, as well as human capital and other topics as discussed and decided during business execution
Executive Committee Discusses and makes decisions on important business administration and execution matters related to Group Wide sustainability, such as environmental issues centered on climate change, as well as human capital and other topics
Sustainability Committee
(As a general rule convened once per quarter)
Discusses and makes decisions on basic and response policies as pertains to sustainability
Risk ManagementCommittee
(As a general rule convened once per quarter)
Discusses occurrence of risk events related to sustainabil ity, measures taken or to be taken, and risk preven
Main Departments inCharge Promote initiatives to address sustainability issues and identify risks and opportunities (Environmental ImpactStrategy Promotion Office: environmental issues with a focus on climate change; Personnel & General AffairsDepartment: human capital of the Gunze Group, etc.)

Sustainability Committee

The GUNZE Group has established a Sustainability Committee for the purpose of setting and promoting the direction of sustainable management in order to realize a sustainable society and enhance corporate value through its business activities based on its management philosophy and management policies.
The Sustainability Committee deliberates and decides on the basic policy and major matters to be promoted concerning sustainability, the development of organizations and systems, confirmation of the status of plans, compilation and management of information, disclosure of GUNZE Group activities to the outside world, and planning and implementation of company-wide education and training activities. The Sustainability Committee is chaired by the director or executive officer in charge of sustainability, and its members consist mainly of head office divisions and department heads. As a general rule, the Committee will meet once every quarter.