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2021.07.19

Yachiyo Engineering joins the United Nations Global Compact

On June 21, 2021, the President of Yachiyo Engineering Co., Ltd. (YEC), Mr. Shigemitsu Demizu, signed the United Nations Global Compact (UNGC) for YEC's joining of this United Nations led initiative. At the same time, YEC joins the Global Compact Network Japan (GCNJ), which is composed of Japanese member companies and organizations of UNGC.

UNGC is a global framework aimed to mobilize a global movement of sustainable companies and stakeholders by supporting them to: 1) do business responsibly by aligning their strategies with "Ten Principles" on human rights, labor, environment and anti-corruption; and 2) YEC commits to UNGC's Ten Principles and continues to work toward realizing the SDGs with YEC's vision of bringing innovative solutions to take strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals (SDGs), with an emphasis on collaboration and innovation. society and the world.

By joining UNGC, YEC will continue to contribute to the development of a sustainable society through the creation of innovative solutions to address social issues, as aligned with YEC's management philosophy of "respect for humanity and management by all members".

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The Ten Principles of UNGC

Human Rights

      • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
      • Principle 2: make sure that they are not complicit in human rights abuses.


Labor

      • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
      • Principle 4: the elimination of all forms of forced and compulsory labour;
      • Principle 5: the effective abolition of child labor; and
      • Principle 6: the elimination of discrimination in respect of employment and occupation.


Environment

      • Principle 7: Businesses should support a precautionary approach to environmental challenges;
      • Principle 8: undertake initiatives to promote greater environmental responsibility; and
      • Principle 9: encourage the development and diffusion of environmentally friendly technologies.


Anti-Corruption

    • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.



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