Our Group’s Approach to CSR
We aim to contribute to a richer, more sustainable future by providing analog semiconductor-based solutions. The CSR Policy was formulated in March 2017 and has applied to the group as a whole since January 2018. It sets out and clarifies our philosophy concerning the social responsibilities of our group, the direction of our initiatives, and our commitment to our stakeholders.
The policy is a set of guidelines providing details of our aims and initiatives for achieving our corporate philosophy. Although our operations are centered on business-to-business transactions, we are focused on the consumers and future society that exist ahead of our clients, and strive to develop products and solutions that will bring happiness to people and promote sustainable communities. We have identified four important means of achieving this: (1) creating innovative social value through our operations; (2) conserving the global environment; (3) providing safe, health and worthwhile working environments; (4) instilling energy and pride in our group.
We use our innovative solutions centered on analog semiconductors to bring new joy to people’s lives and contribute to achieving a sustainable, prosperous future.
For this goal, we are committed to taking the following actions with passion:
- We integrate all our knowledge and technology to provide innovative products and solutions that influence customers and society.
- We provide products and services which achieve a leading position worldwide for environmental performance, while striving to minimize the environmental impact of business activities.
- We prioritize the safety and health of all employees and provide a rewarding work environment.
- On a foundation of strict compliance in accordance with laws and regulations and social demands, we foster a vibrant working environment that respects human rights and diversity in order to build a company group that all employees can be proud of.
Effective January 5, 2018
Framework for Promoting CSR
A CSR Committee was established in March 2017 to promote socially responsible operations and sustainable development. The Internal Control Department (currently the Office of CSR Initiatives) acts as Secretariat. It is chaired by the President & Representative Director, and comprised of the full-time members of the Board of Directors and the heads of the corporate departments.
The CSR Committee is responsible for and authorized to formulate the basic guidelines concerning CSR for the group as a whole, discuss and approve goals for each year, monitor and review CSR activities, foster CSR within the company, formulate and foster charters and codes of corporate behavior, investigate and address compliance-related issues, and discuss and make decisions concerning the establishment of rules for risk management, etc. It met on nine occasions between March and December 2017.
In 2017, the Internal Control Department undertook the hands-on work for promoting CSR from March to September. In the remaining months of the year, this was done by the Internal Audit Department, which reports directly to the President, and has been done by the Office of CSR Initiatives since March, 2018.
From April to December 2017 (when ABLIC was still consolidated with Seiko Instruments Inc.), the CSR Committee led the way in formulating the annual CSR goals and putting in place a framework for compliance, risk management, labor health and safety, etc. for the forthcoming de-consolidation in January 2018. Specifically, it provided relevant company regulations, educated members of the board, division heads, and rank-and-file employees about compliance, put in place a framework and systems concerning risk management for the corporation as a whole, unified the management of labor safety and health, and undertook the sharing of information and education for the corporation as a whole.
The plan is to promote CSR activities in accordance with PDCA-style management (plan, do, check, act) by having the CSR Committee discuss and approve the annual CSR goals that will be formulated by each department in accordance with the new CSR Policy from January 2018. The idea is to phase in CSR management across other companies in the group and have it pursued by the group as a whole.
Outline of CSR Management
Each department is considering and formulating goals for CSR-related activities in accordance with the new CSR Policy. A CSR Plan for 2018 (effective from April 2018) will be drawn up by March 2018.
In-house Promotion of CSR
Activities for spreading knowledge about CSR inside the corporation were carried out in 2016 and 2017 to foster greater understanding about CSR and familiarity with the CSR Policy. A study session was organized for members of the Board of Directors in 2016. Sixteen people took part. In the following year, a total of five seminars were organized for managerial staff and rank-and-file employees. They were attended by about 600 members of staff.
Findings of questionnaire concerning Basic CSR Seminar for Managerial Staff
Q. Did the seminar help you understand CSR?
Q. Mention any parts of the seminar that made an impression. List any comments.
・Gained a good understanding of CSR. ・Gained a good understanding of how the company stands to benefit; common assumptions in Japan won’t work, etc. (approx. 40%) ・Need to take a moral view ・Felt the need for CSR ・Need to familiarize people across the corporation ・Labor and human rights ・Specific activities ・Changes to the key theme of CSR
Q. Expectations, requests, etc. concerning CSR activities
・Conduct seminars for rank-and-file employees (approx. 30%) (need for understanding across the corporation as a whole; education for local staff outside of Japan) ・ Briefings on specific initiatives (approx. 30%) ・ Effective use to enhance corporate value ・ Putting CSR into practice ・ Making work worthwhile ・ Need to draw attention to CSR inside the corporation ・ Provide arrangements for responding to clients ・ Instilling pride in the corporation ・ Dealing with CSR-related risks ・ Contributing to community development ・ Make all employees familiar with the ideals and policy (approx. 12%)
CSR seminar in progress
The President speaking at a CSR seminar