This is the 4th year of being associated with third party opinion of CSR report of DOWA group. The progress status of "ideal situation of Year 2020"was clearly understood in the mid-term plan of CSR which was newly created this year by setting index and numerical target linked to each of the important policies. Almost all important problems related to business get covered if point of view of global human rights is added to the details of important policies.
It was reported that "CSR procurement plan" will be reviewed for supply chain and management, essentials of S (sustainability) will be added to the traditional QCD and distribution of CSR supply guidelines and self-checklist to main customers will be started. Their details and execution results will be presented in the next year’s report which will further raise the disclosure level.
35% of the total employees of DOWA group are already working overseas and it is reported that they are working towards overseas training of young employees and expansion of global utilization frame, aiming at diverse growth of global human resources and also putting in efforts into conducting training of overseas staff in Japan. Viewpoint of CSR must not be missed out for making progress while considering diversity of human resources such as showing concern for culture, eating habits, religion etc. Understanding of the local human rights problems and human rights due diligence required for operation must also be combined in case of assuming expanding business in countries with high human rights risk such as Myanmar. More efforts are desired for tackling the global human rights problems that includes concern of diversity.
So many scandals are being discovered now-a-days the world over in fine businesses and businesses that draw attention and corporate governance should be addressed from the root and vision of the society towards business has become tough. As shown in the new mid-term plan, continual growth by overseas expansion and advancing to new growing fields is an important task for DOWA group. However, it is extremely important to have a stable governance system in place to form a business atmosphere that does not allow injustice. The ideal state currently is the integration of CSR policy in the new separately setup mid-term plan of management. Stakeholders can be made to understand the state of achieving strong business values if how to pursue CSR can be shown in the business strategy.
The biggest strength of DOWA group lies in the business structure that can offer services consistently from highest to lowest stream of value chain on the basis of high technological competence. It is essential to construct a Circular Economy considering the restriction on buried amount of mineral resources. In future, DOWA group will strive to cross the frame of ordinary business by reviving its strength and to pull the industrial field while showing social model that supports leading business.
Chief Executive, E-SQUARE
Hiro Motoki
