Respecting Human Rights
Fundamental Approach
In 2011, the United Nations Human Rights Council (UNHRC) announced its Guiding Principles on Business and Human Rights (“Guiding Principles”). Among the stated principles is “the responsibility of companies to respect human rights.” The AGC Group has stipulated "Respect for People" in the AGC Group Charter of Corporate Behavior and the AGC Group Human Rights Policy, and acts in accordance with this Guiding Principles and other internationally recognized human rights standards. As part of our corporate responsibility to respect human rights, we have included the concept of human rights in the AGC Group Purchasing Policy, which specifies items that we will work on in cooperation with our business partners, in order to promote human rights-conscious business activities not only within the AGC Group but also throughout our supply chain, and we ask for their cooperation in this regard.
We comply with the laws and regulations of each country and region and respects the rights to freedom of association and collective bargaining. Furthermore, we will not engage in forced labor or child labor and will not tolerate infringements of human rights.
We also analyzed and evaluated the charateristics of our business areas, business activities, and value chains, and our stakeholders, and identified the 14 items below as human rights issues to consider. From these, we identified the salient issues that have a particularly significant impact on human rights and on which the AGC Group should focus its efforts to reduce potential risks. The AGC Group mitigates risks related to these salient human rights issues by implementing human rights due diligence. The AGC Group will continually conduct risk assessments and review its salient human rights issues in response to changes in socail conditions and business activities..
Management Structure
In accordance with the AGC Group Human Rights Policy, the AGC Group conducts human rights-related initiatives in collaboration with relevant divisions. The Sustainability Committee, which meets four times a year and is attended by the CEO, CFO, CTO, Audit & Supervisory Board members, and all division heads, discusses initiatives to address human rights issues, such as responsible mineral sourcing. The discussions of the Sustainability Committee are reported to the Board of Directors twice a year. In 2024, the AGC Group also established the “human rights issue response liaison system,” comprising of divisions responsible for addressing human rights issues for AGC Group to consider. Meetings of this system are held twice a year, chaired by the General Manager of the Sustainability Division, to share information on human rights issues relevant to the AGC Group. Based on the AGC Group Human Rights Policy, we are working to build and maintain a system of respect for human rights that meets international standards.
