Communication with Stakeholders
Promoting Disclosure and Communication
Basic Approach to Promoting Disclosure and Communication
The DIC Group places a priority on disclosure in communicating with its stakeholders worldwide, as outlined in Article 8 of its Policy on Corporate Governance.
Article 8 (Ensuring Appropriate Information Disclosure and Transparency)
The Company shall ensure transparency and fairness; and in order to gain the correct understanding and trust from stakeholders, shall timely and appropriately disclose information relating to matters such as the DIC Group’s management philosophy, management policies, business plans, financial condition and sustainability activities.
Guided by this policy, the DIC Group promotes communication with stakeholders through television advertisements, participation in exhibitions, websites and events. By communicating effectively with stakeholders, the Group strives to ensure an adequate understanding of stakeholder expectations and to reflect such expectations in its business activities. The Group is also expanding its awareness of the concept of stakeholder engagement, a key requirement under ISO 2600, the International Organization for Standardization’s standard for sustainability.
Ties with customers
Basic approach | Build trusting relationships. By incorporating the demands of customers, seek to develop products that enhance customer satisfaction. |
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Ties with Shareholders and Investors
Basic approach | Ensure appropriate disclosure of management information and build trusting relationships with shareholders and investors, encouraging both to evaluate DIC as an attractive investment. |
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Ties with Business Partners
Basic approach | Promote socially responsible procurement across the supply chain and build solid relationships that will facilitate sustainable procurement. |
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Ties with Society
Basic approach | Operate in harmony with the community and build positive relationships with local residents that will underpin the long-term sustainability of operations. |
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Ties with Employees
Basic approach | Provide workplaces that are conducive to job satisfaction and enable all employees to fulfill their potential. Over the long term, achieve true diversity. |
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Ties with the Media
Basic approach | Deepen understanding through effective publicity, advertising and other communications efforts. |
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External Assessments
Selection for inclusion in multiple environmental , social and governance (ESG) investment indices, including those targeting Japanese equities that are used by Japan’s Government Pension Investment Fund (GPIF), one of the largest pension funds in the world
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Key Initiatives
Promotion of initiatives aimed at achieving sustainable development
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UNGC
Participation in the United Nations Global Compact (UNGC) since 2010