Elematec Group Human Rights Policy
Elematec Group aims to enrich people’s lives by contributing to creating a sustainable society through business activities under its mission to provide new value by expanding our good relationships as a global manufacturing partner.
As we operate our business activities globally, we recognize that the Company’s business activities may directly or indirectly affect human rights. In order to respect the human rights of all stakeholders involved in our business activities, we have formulated the Elematec Group Human Rights Policy based on our management principles and Ten Provisions of Code of Ethical Conduct “CODE 10” and will promote efforts to respect human rights based on this Policy.
1. Compliance with international norms and laws
Based on the Guiding Principles on Business and Human Rights, we support and respect the International Bill of Human Rights, including the United Nations Universal Declaration of Human Rights, and the International Code of Human Rights, including the ILO Declaration on Fundamental Principles and Rights at Work. We also comply with relevant national and regional laws and regulations in our business activities.
In cases where there is a conflict between international human rights norms and national or regional laws and regulations, we will seek ways to fully respect internationally recognized human rights.
2. Scope of application
This Policy applies to all officers and employees of the Group. We also hope that all business partners of the Group will understand this Policy and strive to respect human rights.
3. Respect for human rights through business activities
In addition to not violating human rights ourselves, we will fulfill our responsibility to respect human rights by preventing or mitigating the negative impact on human rights that may occur through our business activities and will address human rights issues, including the following:
- We do not tolerate any discrimination based on race, color, gender, faith, nationality, disability, employment status, etc.
- We do not tolerate child labor, human trafficking, or any other form of forced labor.
- We do not tolerate any form of harassment that unfairly damages any personal dignity.
- We will strive to secure a minimum wage and respect freedom of association and the right to collective bargaining.
4. Human rights due diligence
Through our human rights due diligence mechanisms, we strive to identify and prevent or mitigate the negative human rights impacts associated with our business.
5. Correction and remedy
If we find that the Group’s business activities have caused or contributed to negative human rights impacts, we will work to correct and remedy them through appropriate procedures and dialogue.
6. Complaint-handling mechanism
We will strive to establish reporting and complaint-handling mechanisms in order to appropriately identify and respond to human rights issues related to all officers and employees and our business.
We will provide appropriate education and training to all officers and employees so that this Policy can be incorporated into all business activities and implemented effectively.
8. Information disclosure
We will disclose appropriate information regarding our efforts to respect human rights.
9. Dialogue and consultation with stakeholders
In response to negative human rights impacts, we will use external expertise in human rights and sincerely engage in dialogue and consultation with the relevant stakeholders.
This Policy was approved by the Board of Directors of the Company on September 22, 2023.
Date of enactment: September 22, 2023
Chief Executive Officer and Chairman of the Board