Key Initiatives and Organizations
The United Nations Global Compact (UNGC) is a voluntary initiative in which signatory companies and organizations commit to a global framework embodying 10 principles on the protection of human rights, humane and non-discriminatory labour practices, environmentally sound practices, and prevention of corruption. Otsuka Holdings became a signatory to the UNGC in 2016.
The Women’s Empowerment Principles (WEPs) are a set of voluntary principles offering guidance for corporate practices to promote equality and women’s empowerment. Otsuka Holdings became a signatory to the WEPs in 2017.
The Task Force on Climate-related Financial Disclosure (TCFD) created by the Financial Stability Board encourages recognition and disclosure of climate-related financial risks and opportunities. In 2017, the TCFD released climate-related financial disclosure recommendations to help companies provide better information for informed capital allocation. The Otsuka group announced its support for recommendations issued by the TCFD in 2021.
The international RE100 initiative asks companies to commit to using 100% renewable energy in their business activities. The Otsuka group joined the initiative n 2022.
The Japan Climate Initiative is a network of companies, local governments, NGOs, and other groups engaged in climate action that work to strengthen information distribution and exchange opinions on this important topic.
Also, to work for the development of the various group industries and to solve common issues, Otsuka group companies are affiliated with several organizations such as the Japan Pharmaceutical Manufacturers Association, The Intravenous Solutions Society, and the Japan Soft Drink Association.
・Japan Pharmaceutical Manufacturers Association
・The Intravenous Solutions Society
・Japan Soft Drink Association
Declaration on Health
The major Otsuka group companies have issued a declaration on health to advance a variety of initiatives related to employee health. The goal is to create comfortable workplace environments where each and every employee can enjoy physical and mental health.
Declaration of Consumer-oriented Commitment
The Otsuka group established its Declaration of Consumer-oriented Commitment to further promote business activities focused on customers.
Otsuka Group Procurement Policy
With the goal of achieving mutually sustainable development through fair, equitable, and transparent procurement and the establishment of healthy relationships, we have formulated and share with our business collaborators the Otsuka Group Procurement Policy.
We have also formulated the Otsuka Group Sustainable Procurement Guidelines that expand on the Otsuka Group Procurement Policy in more practical detail, which makes them more directly applicable to our business collaborators.
Otsuka Group Intellectual Property Statement
The statement outlines Otsuka group's basic policy in regard to intellectual property.
Otsuka Group Environmental Policy
The Otsuka group established the Otsuka Group Environmental Policy to ensure that its business activities take the global environment into account throughout the value chain.
Otsuka Group Plastic Policy
The Otsuka group formulated the Otsuka Group Plastic Policy as an initiative to help resolve the issue of plastic waste and contribute to the sustainable recycling of resources.
Support Recommendations of the Task Force on Climate-related Financial Disclosure (TCFD)
The Otsuka group is actively engaged in analysis of climate-related business risks and opportunities and development of appropriate responses.
Otsuka Group Global Anti-Corruption Policy
The Otsuka Group Global Anti-Corruption Policy embodies and reiterates our steadfast commitment to conducting business with integrity and in compliance with all relevant anti-corruption laws. This Policy outlines how to prevent, detect and deter violations of anti-corruption laws.
Otsuka Group Global Conflict of Interest Policy
The Otsuka group considers conflicts of interest between the company and individual employees to be relevant to organizational integrity, and that addressing such conflicts is of particular importance for the group's future growth. Based on that thinking, the Otsuka group established this policy, and is working to promote it globally.
Otsuka Group Global Speak-Up Policy
The Otsuka group has established the Otsuka Group Global Speak-Up Policy with the aim of clarifying the basic principles of the internal reporting system and enhancing its effectiveness so that employees can speak up when they become aware of fraud, inappropriate behavior, or any other action that goes against the group’s values, policies or processes, or any other suspect behavior.