Yamaha Motor to Participate in the “United Nations Global Compact”
December 6, 2017
IWATA, December 6, 2017—Yamaha Motor Co., Ltd. (Tokyo:7272) announced today that it signed the UN Global Compact (hereafter the “UNGC”) promoted by the United Nations, registering as a participating company on December 5.
The UNGC is a voluntary initiative in which participating companies and organizations create a global framework to realize sustainable growth by acting as good members of society through displaying responsible and creative leadership. Participating companies and organizations are required to support and enact ten principles.
With our Corporate Mission of being a Kando* Creating Company - Offering new excitement and a more fulfilling life for people all over the world, Yamaha Motor is involved in a diverse range of products and businesses.
*Kando is a Japanese word for the simultaneous feelings of deep satisfaction and intense excitement that we experience when we encounter something of exceptional value.
In addition, Yamaha Motor considers contributing to the sustainable development of society through its operations to be part of its CSR (Corporate Social Responsibility) approach, which is formalized as the shared Group “CSR Policy.” Through affirming its support for the UNGC, Yamaha Motor aims to - in addition to promoting its own CSR practices - further promote initiative towards Sustainable Development Goals*, working towards corporate growth through solving societal issues in the countries and regions in which it operates.
Sustainable Development Goals (SDGs)*
Sustainable Development Goals from 2016 to 2030 in the 2030 Agenda for Sustainable Development adopted at the UN Sustainable Development Summit in 2015. Included are standards for achieving 17 Sustainable Development Goals with 169 associated targets, covering issues shared by international society.
The Ten Principles of the UN Global Compact
| Human Rights | Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights Principle 2: Businesses should make sure that they are not complicit in human rights abuses |
|---|---|
| Labour | Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining Principle 4: Businesses should eliminate of all forms of forced and compulsory labour Principle 5: Businesses should effectively abolish child labour Principle 6: Businesses should eliminate discrimination in respect of employment and occupation |
| Environment | Principle 7: Businesses should support a precautionary approach to environmental challenges Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility Principle 9: Businesses should encourage the development and diffusion of environmentally friendly technologies |
| Anti-Corruption | Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery |
