Proterial Endorses the UN Global Compact
Proterial, Ltd.
Proterial, Ltd. (hereafter “Proterial”) has signed a statement expressing its support for the UN Global Compact (hereafter “UNGC”) advocated by the United Nations. The company has also joined the Global Compact Network Japan, consisting of companies and other organizations in Japan that are signatories to the UNGC. Proterial will observe the Ten Principles of the UNGC and contribute to the achievement of a sustainable society.
The UNGC is the world’s largest sustainability initiative. It brings together the United Nations and the private sector (companies and organizations) to work for a healthy global society. In this voluntary initiative, companies and organizations are each encouraged to exercise responsible and creative leadership and act as good members of society toward achieving sustainable growth. With the commitment of their CEOs, the companies and organizations that are signatories to the UNGC are required to work consistently to implement the Ten Principles, which cover the areas of protection of human rights, elimination of unfair labor practices, promotion of environmental responsibility, and anti-corruption.
Proterial supported the UNGC as a member of the Hitachi Group until January 2023, and has been promoting sustainability-related initiatives in line with its principles. The company has now decided to reaffirm its support for the UNGC to further advance its sustainability efforts.
Proterial operates businesses with a strong focus on sustainability based on its corporate philosophy, which upholds the company’s Vision of “Leading sustainability by high performance” and its Value of “Unfaltering integrity.” This corporate philosophy also aligns with the Ten Principles of the UNGC. Moving forward, Proterial will take the lead in creating high-performance materials that address social issues, and will proactively engage in business activities that reflect the company’s continued awareness of its responsibilities to the wider world, contributing to the realization of a sustainable society.
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| 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. |
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| Labour | 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 labour; 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. |