Asahi Kasei Group Code of Conduct
Significance of the Asahi Kasei Group Code of Conduct
The Asahi Kasei Group Code of conduct, which was established in April 2017, is a practical guide and standard for ethical conduct throughout the day-to-day work of each and every member of the Asahi Kasei Group. Members of the Asahi Kasei Group are expected to act with sincerity and uphold high ethical standards throughout their work to fulfill our Group Mission in accordance with our Group Values.
Outline of the Asahi Kasei Group Code of Conduct
- 1.Ensuring Safety, Environmental Protection, and High Quality Products and Services to Contribute to Life and Living
- 1）Endeavor to Maintaining Absolute Safety in All Aspects of our Business
- 2）Providing Safe and High-quality Products and Services That Customers Can Rely On
- 3）Carefully Managing Workplace Safety to Ensure a Safe and Comfortable Work Environment
- 4）Contributing to Environmental Protection and Harmony with Local Communities
- 2.Maintaining Sincere Relationships with Those around Us
- 5）Disclosing Corporate Information Timely and Appropriately to Society
- 6）Appropriate Descriptions to Customers, Provision of Safe and Reliable Products and Services
- 7）Healthy Relationships with Customers and Government Officials
- 8）Fair relationships with Competitors
- 9）Optimized Procurement and Healthy and Appropriate Relationships with Suppliers
- 10)Respect for Human Rights and Diversity
- 3.Utilizing management assets appropriately and effectively
- 11)Performing Work with Integrity and Responsibility
- 12)Compliance with Accounting and Tax Rules, Protecting Company Property
- 13)Protecting and Managing Information
- 14)Protecting and Respecting Intellectual Property Rights
- 15)Compliance with Laws and Regulations, Practicing Corporate Ethics
The Asahi Kasei Group Code of Conduct can be downloaded from the link below:
The Asahi Kasei Group began employing a Compliance Hotline in April 2005 to ensure that any possible ethical lapses which employees may encounter or observe are dealt with swiftly and appropriately. In fiscal 2015, the system was expanded to enable suppliers and their employees to report or consult.
Reports and responses
During fiscal 2017 there were 47 reports and consultations made through the hotline system. None of them regarded significant matters which would affect the performance of operations.
Some 70% of the reports and consultations concerned personal relationships among workplace colleagues. After fact-checking, cautions were issued to relevant personnel as necessary, and monitoring to confirm improvement was performed.
Prevention of bribery
The Asahi Kasei Group considers bribery to be an important risk factor which could seriously jeopardize our corporate reputation. Applied throughout all operations, the Asahi Kasei Group Policies for Prevention of Bribery clarify basic policies to prohibit bribery and procedures to follow to avoid bribery-related risks (examination of counterparty prior to executing certain types of transaction, aproval prior to providing entertainment, gifts, or donations). Education and training on the prevention of bribery is provided to personnel worldwide, including e-learning and workshops.
The Asahi Kasei Group Policies for Prevention of Bribery are available below.
Information protection and management
Information Security Countermeasures
Recognizing the importance of countermeasures to protect against information security risks, we established the Asahi Kasei Group Information Security Policy and aim to ensure and further improve information security.
Asahi Kasei Group Information Security Policy
As ensuring information security is an important management responsibility, the Asahi Kasei Group declares that it faithfully applies its established information security policy.
- 1.Legal Compliance
We comply with laws and internal regulations concerning information security.
- 2.System Establishment
We have an established system to safeguard information security throughout the organization.
- 3.Implementation of Countermeasures
We implement appropriate information security countermeasures corresponding to our information assets to prevent information security incidents. In the event that an incident occurs, we respond swiftly and appropriately, strive to minimize any damage, and endeavor to prevent any recurrence.
- 4.Education of Employees
We provide information security training to all employees to ensure full awareness of the importance of information security and the proper use of information assets.
- 5.Continuous Improvement
We continuously assess our efforts for information security, and apply improvements as necessary.
- December 1, 2016
Asahi Kasei Corporation
Protection of personal information
Asahi Kasei is committed to the proper handling and use of personal information, in accordance with the Asahi Kasei Group Regulation for Management of Personal Information. An information security handbook which describes our rules for handling information is distributed to all employees, and education is performed via e-learning.
Protection of intellectual property
The Asahi Kasei Group implements strict measures to prevent unauthorized or unintentional outflow of technological information and know-how in accordance with its basic policy and management standards for prevention of technology outflow. The Asahi Kasei Group also applies internal guidelines summarizing related precautions to take when entering business overseas as well as procedures to ensure the preservation of prior-use rights in China.
The company’s internal magazine is used to raise further awareness among personnel, and workshops are held for training and education regarding protection of intellectual property.
For more information about our intellectual property, please refer to the Asahi Kasei Group Intellectual Property Report.
Compliance with antimonopoly and competition laws
The Asahi Kasei Group Regulation for Management of Compliance with Antimonopoly Law prohibits acts which violate the competition laws of each country. To prevent acts which would constitute or arouse suspicion of participation in a cartel, standards are set for attendance at industry gatherings, and inappropriate contact and information exchange with competitors are prohibited. Furthermore, across-the-board price revisions for products sold in Japan require submission to our Market Compliance Committee which includes the Executive Officer for compliance among its members, confirmation of the reason for the price revision, and confirmation that there is no violation of antimonopoly law prior to implementation.
Compliance with export-related laws
The Asahi Kasei Group thoroughly complies with export-related laws and regulations in accordance with our Export Control Regulation. All exported products are subject to screening for applicability of export restrictions and examination of customers. In the case that a permit is required, application to the Ministry of Economy, Trade, and Industry is made after obtaining internal company approval. To ensure awareness and understanding of the requirements of relevant laws, regulations, and internal company rules, periodic training sessions are held and the related departments are annually audited.