Respect for Human Rights

Human rights due diligence (hereinafter “Human Rights DD”)

The Mitsuboshi Belting Group recognizes that it is important to respect the human rights of all people involved in our business activities, and has adopted "Respect for human rights and personality" as a Materiality to show our commitment to Human Rights DD. Progress status of issues related to "Respect for human rights and personality" are reported from the Materiality promoting organization to the Sustainability Promotion Committee, and the said Committee monitors, instructs, judges, and evaluates the situation.

Human rights risks

In January 2023, we identified the following human rights risks in our business activities, including our supply chain, through discussions at the Working Group and Sustainability Promotion Committee, which are organizations that promote Materialities.

Identified human rights risks	Division in charge
Use of raw materials (natural rubber, cotton, etc.) involving child labor or forced labor	Sustainability Promotion Committee Secretariat + Procurement Department
Expanding the whistleblowing system “Mitsuboshi Help Line” to business partners	Sustainability Promotion Committee Secretariat + Legal Department

Initiative status

In promoting Human Rights DD, we are currently undertaking the following initiatives.

ⅰ) Revision of the Group’s Code of Conduct (Nov. 2022)
ⅱ) Conducting human rights risk assessments in the supply chain (Dec. 2022)
ⅲ) Identification of human rights issues (Jan. 2023)
ⅳ) Establishment of the Human Rights Policy (Jan. 2023)
ⅴ) Implementation of employee education regarding human rights (Mar. 2023)

Our Group's Code of Conduct is based on the ten principles in four areas (human rights, labor, environment, and anti-corruption) established by the UN Global Compact, a universal value recognized by the international community. The Mitsuboshi Belting Group will continue to promote Human Rights DD while making efforts to reduce human rights risks in its entire supply chain.

・Revision of the Mitsuboshi Belting Group Code of Conduct

1. 

   Mitsuboshi Belting Group Human Rights Policy

   In line with the Corporate Philosophy of “to give attentive consideration to both humanity and nature,” the Mitsuboshi Belting Group will be collaborating with stakeholders to engage in activities that respect and honor human rights. Through these activities, we will fulfill our corporate responsibility in respecting human rights as provided in the Guiding Principles on Business and Human Rights issued by the UN.
   
   

   ■Scope of application

   This Policy applies to all officers and employees of the Mitsuboshi Belting Group, and we will encourage our business partners to support this Policy and make efforts to better respect human rights.
   
   
   

   ■Compliance

   Mitsuboshi Belting Group's business activities in various countries and regions are to be conducted in compliance with the laws and regulations of each country. In our efforts to respect human rights, if laws and regulations do not comply with the United Nations' International Bill of Human Rights and the International Labour Organization's Declaration on Fundamental Principles and Rights at Work, we will give these two international principles as much priority as possible.
   
   
   

   ■Performing Human Rights DD

   In implementing this Policy, we will regularly perform Human Rights DD to identify risks (negative impacts on human rights), identify implementation issues, formulate implementation plans, monitor and evaluate implementation details, and deploy evaluation results so as to continuously improve our undertaking.
   
   
   

   ■Implementation system

   To ensure reliable and speedy achievement of goals set for initiatives related to respect for human rights, an organization in which officers serve as implementation managers will be formed in order to perform Human Rights DD and report the details to top management. We will also disclose information to stakeholders in an appropriate manner and actively engage in dialogue and consultation. Should a human rights infringement case arise in business activities of Mitsuboshi Belting Group or our business partners, we will immediately rectify the situation in accordance with international standards.
   
   
   

   ■Education

   This Policy will be communicated to officers, employees and stakeholders of the Mitsuboshi Belting Group, and will be disclosed in an easily accessible manner. We will also provide appropriate education to promote awareness and deepen understanding.
   
   
   

   January 1, 2023
   Mitsuboshi Belting Ltd.