The DIC Group’s Sustainability Program

Amid rising environmental concerns, including climate change, and increasingly urgent social imperatives, companies today face an ever-more diverse array of challenges, including rising awareness of the need to achieve sustainability in a manner that takes into account the environment, ecosystems and socioeconomic issues. The DIC Group launched its corporate social responsibility (CSR) program in fiscal year 2007. Having further clarified the overall direction of related initiatives as “sustainable growth,” effective from fiscal year 2014 the Group changed the designation used across its program from “CSR” to “sustainability.” In line with its basic sustainability policy, the DIC Group promotes a variety of sustainability initiatives worldwide and works to maintain an accurate grasp of social imperatives pertaining to environmental, social and governance (ESG)-related issues.

Basic Sustainability Policy (Formulated in January 2014)

The DIC Group is dedicated to conducting its business while retaining a strong commitment to five key concepts: preserving safety and health, ensuring fair business practices and respect for diversity and human rights, maintaining harmony with the environment and advancing its protection, managing risks, and creating value for society through innovation. DIC Group employees will continue working to deliver the value that its stakeholders—including its customers, suppliers, local communities, shareholders and investors, and employees—expect, showing ingenuity and a sense of responsibility. The Group itself will strive to remain an organization that contributes to sustainability for society and the global environment by capitalizing on its businesses to achieve unfaltering growth, thereby enhancing its own sustainability.

Sustainability Framework and Themes

To foster concrete measure, in fiscal year 2007 the DIC Group’s identified 12 key themes as a framework for implementing its CSR framework. Subsequently, the Group partially revised these themes in response to changes in the external environment and the progress of its efforts. Today, the Group’s sustainability framework comprises 11 key themes, which are categorized as basic themes, themes that demonstrate unique capabilities and themes that combine elements of the previous two classifications. The Group implements a broad range of global initiatives that take into account its responsibility to ensure proper product stewardship, as well as its position as a leading manufacturer of fine chemicals.

CSR Framework and Themes for the Fiscal Year Ending March 31, 2013 Business models focused on customer satisfaction New technology development and value creation Harmony with the community and contributions to society Communication with stakeholders Environment, Safety, Health Quality Human resources management Supply chain management Compliance BCM Information security

Deployment

In line with its basic sustainability policy, the DIC Group has formulated medium-term (fiscal years 2016–2018) policies and creates annual activity plans for each of these themes. The Group makes use of the plan–do–check–act (PDCA) cycle in promoting initiatives and reports on its achievements annually in the DIC Report. The Marketing Division, the Technical Administrative Division and individual product divisions, sites and overseas and domestic DIC Group companies are charged with pursuing effective sustainability programs by formulating their own activity plans, ensuring that the Group’s policies permeate their organizations and labor forces and linking sustainability initiatives to business targets.

System for Promoting Sustainability Initiatives

The DIC Group’s system for promoting sustainability initiatives centers on the Sustainability Committee, which answers directly to the president and CEO. The committee is tasked with reporting on the status of sustainability themes, as well as with proposing policies and programs for advancing sustainability and deliberating on critical related matters.

Ensuring DIC Remains a Globally Trusted Corporate Citizen with a Proud Reputation

In December 2010, the Group became a participant in the United Nations Global Compact (UNGC). The Group also conducts its business activities following to its Business Code of Conduct, also in a manner that is consistent with ISO 26000, which provides businesses and organizations with global guidelines for operating in a socially responsible manner.

The 2030 Agenda for Sustainable Development

At the UN Sustainable Development Summit in September 2015, a proposal titled “Transforming our world: the 2030 Agenda for Sustainable Development,” later summarized as the Sustainable Development Goals (SDGs), was adopted with the participation of more than 150 UN member states. The agenda, which succeeded the Millennium Development Goals (MDGs), encompasses 17 goals and 169 targets. All UN member states are expected to mobilize efforts to attain the 17 goals, essential to sustainable development for the planet, by 2030. The DIC Group pledges to contribute through its business activities to the success of the SDGs.

View the report on Corporate Governance

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View the report on Compliance here

View the report on BCM

View the report on Information Security

View the report on ISO

Participation in the UNGC since Dec. 2010.

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