Increasing Corporate Value and Promoting CSR Management Groupwide
To maximize corporate value, Sekisui Chemical Group has built its management structure based on a system of three division companies. Believing that increasing the transparency and fairness of management and pursuing swift decision-making are important to continually increasing corporate value amid a changing business environment, it implements a variety of efforts related to corporate governance.
Strengthening the Business Execution Function
Together with assigning operating officers specializing in business execution to each division company, an Executive Committee has been established to serve as the top decisionmaking body in each division company. As such, a broad range of authority has been transferred from the Board of Directors to the Executive Committee.
The Board of Directors strives to achieve continual improvements in corporate value as an organization responsible for decision on basic policies of Sekisui Chemical Group management as well as high-level decision-making and supervision of business execution.
Compliance Surpassing the Requirements of Japanese Law
- Appointment of external directors
- Operating officer system (term: one year)
- Early issue of notices of general meetings of shareholders
- Exercise of voting rights electronically in general meetings of shareholders
- Formulation of rules on corporate information disclosure
- Corporate Governance System
The CSR Committee, with Participation by Top Management and Employee Representatives
As venues for deliberation on CSR management, we have set up the CSR Committee and five subcommittees: the Environmental Subcommittee, the CS & Quality Subcommittee, the Human Resources Subcommittee, the Compliance Subcommittee, and the Safety Subcommittee.
Chaired by the President, the CSR Committee's membership also includes the president of each division company and three representatives of employees, all working to improve committee deliberations and measures.
- CSR Committee/Subcommittee Structure
Respect for International Norms
Sekisui Chemical Group respects international norms and standards regarding CSR. It announced its support for the United Nations Global Compact*1 in March 2009, and since then it has been advancing CSR efforts on a global basis.
We also refer to ISO 26000, an international social-responsibility guideline issued in November 2010, in enhancing internal efforts and in the editing of this CSR Report.
- *1 United Nations Global Compact：
- A voluntary program in which top management of firms around the world pledge to comply with 10 principles on subjects such as human rights, labor standards, the environment, and anti-corruption efforts within the scopes of influence of their firms and participate in building a global framework for realizing sustainable growth.