Global Compact and ISO 26000

Global Compact and ISO 26000

Revision of the Daigas Group Code of Business Conduct in line with the 10 principles of the Global Compact and ISO 26000

Osaka Gas fully embraces the UN Global Compact and in June 2007 became the first utility in Japan to join. The Global Compact encompasses 10 principles for enterprises to follow in the four fields of human rights, labor standards, the environment, and anti-corruption.

In May 2008, the Daigas Group revised its Code of Business Conduct to incorporate the 10 principles of the UN Global Compact and in doing so clearly prohibited activities such as bribes to foreign officials and the use of child labor. Because these principles also relate to the dealings that Osaka Gas has with its business partners, in June 2009 the Osaka Gas's “Policy for Purchasing (revised to the Daigas Group Procurement Guidelines for Suppliers in April, 2020)” was also revised to stipulate adherence to the UN Global Compact. For these efforts, the Daigas Group's report on activities in line with the principles of the UN Global Compact was selected as a “Notable COP (Communication on Progress)” in September 2009, an honor for only the top 5% of Global Compact member companies that have submitted reports. And in April 2010, a group of investors on the signatory list of the Principles for Responsible Investment (PRI) selected Osaka Gas as one of the “Leaders” because of the high level of its COP.

In July 2011, we revised the “Daigas Group Code of Business Conduct” again to reflect ISO 26000, which was published in November 2010. Two key principles have been added to the revised Code of Business Conduct: respecting international norms in global business activities, including the laws and regulations of each country/region and those concerned with human rights; and promoting social responsibility throughout the supply chain. Thanks to these efforts, we were selected again as a Leader in 2011.

In October 2014, Osaka Gas was incorporated into the United Nations Global Compact 100, a stock index developed by the United Nations Global Compact and the European research firm Sustainalytics to promote investment in companies that have both sustainability and profitability in their business operations.

The Daigas Group Supports the Women's Empowerment Principles (WEPs).

In fiscal 2011, Osaka Gas endorsed the objective of the Women's Empowerment Principles (WEPs), a partnership initiative of UN Women and UN Global Compact, and expressed its support for the Principles. WEPs are a set of seven principles offering practical guidance to companies, private organizations in advancing women's empowerment in the workplace, in the market, and in the community. The seven Women's Empowerment Principles are as follows: Establish high-level corporate leadership for gender equality; Treat all women and men fairly at work - respect and support human rights and nondiscrimination; Ensure the health, safety and well-being of all women and men workers; Promote education, training and professional development for women; Implement enterprise development, supply chain and marketing practices that empower women; Promote equality through community initiatives and advocacy; and Measure and publicly report on progress to achieve gender equality.

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