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UN Global Compact

In January 2005, Sumitomo Chemical became the first Japanese chemical company to participate in the UN Global Compact* advocated by then UN Secretary-General Kofi Annan. Since then, we have been further promoting our CSR activities in compliance with the ten principles of the Global Compact, while networking with the United Nations and other institutions and reporting on the status of our efforts in our CSR Materials.

  • *UN Global Compact:
    The UN Global Compact is a United Nations initiative in which businesses demonstrate responsible and creative leadership and voluntarily participate in efforts to establish a worldwide framework that enables them to act as good corporate citizens and achieve sustainable growth.

Contributing to Society through Our Business

Sumitomo Chemical is committed to contributing to the sustainable development of society as the core of its CSR and believes it crucial to comply with international norms and cooperate with international organizations, NGOs, and other companies in meeting the challenges faced by society. The Global Compact initiative is fully consistent with the Company's conceptions.

Sumitomo Chemical conducts all its business activities with due consideration for the principles of the Global Compact regarding human rights, labor, the environment, and anti-corruption.

Initiative Taken by the Global Compact Working Group on the 10th Principle (Anti-Corruption)

In December 2008, Sumitomo Chemical became the first Japanese company to participate in the Global Compact Working Group on the 10th Principle (Anti-Corruption). This working group, which comprises companies, NGOs, and others with divergent interests, discusses companies' needs and their efforts in combatting corruption. In the RIO+20 Corporate Sustainability Forum held in Rio de Janeiro, Brazil in June 2012, we attended the tenth meeting of the Working Group on Anti-Corruption and exchanged opinions with other participants on the challenges to be met in fostering anti-corruption measures among companies.

As a member of the global community, Sumitomo Chemical will continue to address the global challenge of anti-corruption in cooperation with other organizations.

UN Global Compact LEAD

On January 28, 2011, under the leadership of the UN Secretary General Ban Ki-moon, the Global Compact LEAD was launched as a new framework to proactively tackle various problems faced by humankind.
The Global Compact has about 10,000 signatories from 145 countries, and the Global Compact LEAD was launched with 54 companies (including three Japanese companies) that had made great contributions to the Global Compact. Sumitomo Chemical joined LEAD in January 2011 as one of its initial members.
As a member of the international community, Sumitomo Chemical will continue to make efforts to resolve global problems in cooperation with other organizations.

Global Compact LEAD PARTICIPANT

The Global Compact's Ten Principles

We Support the Global Compact

Human Rights
  1. Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  2. Principle 2: make sure that they are not complicit in human rights abuses.
Labour
  1. Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  2. Principle 4: the elimination of all forms of forced and compulsory labour;
  3. Principle 5: the effective abolition of child labour; and
  4. Principle 6: the elimination of discrimination in respect of employment and occupation.
Environment
  1. Principle 7: Businesses should support a precautionary approach to environmental challenges;
  2. Principle 8: undertake initiatives to promote greater environmental responsibility; and
  3. Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption
  1. Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.