The Maruichi Steel Tube Group has indicated its basic approach to the 7 clauses and 7 core subjects prescribed in ISO 26000, to maintain and develop the relationship of trust that exists with all stakeholders, based on the spirit of “respect for humanity.”
Basic Policy on Sustainability
Under the management philosophy of “contributing to society by responding to the trust of customers and placing a high value on all people, based on respect for humanity,” the Maruichi Steel Tube Group aims to realize sustained growth through business activities with consideration for all stakeholders.
In addition to the Group’s own sustained growth, it engages in important issues (materiality) in accordance with the policies set out below and aims to increase corporate value, in order to contribute to realizing sustainable societies.
The Maruichi Steel Tube Group strives to respect the rights of shareholders and ensure equitability and transparency of management while fulfilling our fiduciary responsibilities and providing accountability to our shareholders, led by our Board of Directors. At the same time, we position corporate governance as a critical management issue as we strive to achieve our management vision, and reinforce speedy and accurate decision-making supervisory functions. In addition, in order to improve medium- and long-term corporate value and maintain sound management, we pursue the optimal corporate governance and engage in ongoing efforts to enhance corporate governance.
The Maruichi Steel Tube Group strives to provide safe, high-quality products to meet the needs of its customers, while bearing in mind the effect on end-users, and to respond with sincerity, swiftness and accuracy to the trust placed in it. It also endeavors to provide appropriate product information, and secure, maintain and enhance the satisfaction of all customers. It adheres to the word and spirit of the law of each country, and thoroughly protects the personal information of customers and all other people who are involved in its business activities.
The Maruichi Steel Tube Group acts with proper judgement and moderation in commercial transactions, neither giving nor receiving unfair profits, to prevent mistaken or dishonorable evaluation. Commercial transactions, regardless of whether they pertain to products or services, are carried out through proper processes, after fair comparison and evaluation of transaction details based on honest and legitimate negotiation. The Maruichi Steel Tube Group does not permit bribery, discontinues relationships with antisocial forces, and does not participate in corruption of any form.
The Maruichi Steel Tube Group regards the fulfillment of social responsibility through legal compliance as fundamental, and contributes to the further protection of the global environment, in order to provide a livable environment for future generations. By providing products using iron, which is highly recyclable, the Group plays a part in supporting a recycling-oriented society, while production activities are structured to prevent environmental pollution such as air, water or soil pollution. In addition, the Group continually strives for better technology, to realize more efficient use of resources including energy, water and raw materials. The Group sets goals and targets related to these efforts and establishes management systems to engage in continuous improvement activities.
The Maruichi Steel Tube Group works to prevent any and all acts of human rights violations, including indirect involvement. The Group protects the human rights of all stakeholders, including people in a weak social position or crisis situation, regardless of individual attributes such as gender or nationality. Products are not supplied to, or purchased from, business entities that violate human rights, and measures are implemented to provide relief for people whose human rights have been violated.
The Maruichi Steel Tube Group works in accordance with the philosophy of “respect for humanity,” to create companies brimming with dreams, in which diverse employees can engage in fair, decent and meaningful work, and to which they can entrust their lives. To this end, the Group facilitates a work-life balance suited to individual circumstances, and diverse and flexible working styles. Each and every employee is encouraged to develop his or her abilities under high health and safety standards, and we create a work environment that ensures the mental and physical health and safety of employees. The Group also establishes sound labor-management relations, with opportunities for dialogue with employee representatives.
The Maruichi Steel Tube Group aspires to develop and grow together with various countries and local communities. The Group contributes through its business activities, by providing a stable supply of products to meet diverse needs in each country or region, thus supporting the construction and development of industry platforms. In addition, the Group also contributes to realizing rich societies, through the expansion of employment opportunities and the redistribution of profits through tax payments and the like. The Group pursues business sustainability, by considering ways to reduce the environmental and social burden of its business activities. Moreover, as a member of communities, the Group is conscious of the need to solve social issues. By actively taking part in activities that contribute to society, with awareness for resolving social issues as a member of local communities, the Group strives for proactive engagement with people in the same communities, sharing the same hopes and aspirations.
