SII Group Sustainability
Core Values and Charter of Corporate Behavior
The SII core values, "Integrity, Trust and Appreciation" represent the basic stance of our relationship with society and our stakeholders. SII strives to stand as a company that society and our stakeholders need and trust, all through the ages.
The SII Group's Corporate Social Responsibility (CSR) is at the very root of these core values. We established the SII Group Charter of Corporate Behavior to express our strong will as a company bearing expectations to help create a sustainable society.
Core Values and Corporate Identity
The SII Group Charter of Corporate Behavior(Established in October 2005, Revised in April 2011)
The SII Group is committed to pursuing its affairs ethically and lawfully. This Charter of Corporate Behavior establishes policies and procedures intended to secure our position as an entity that honors its responsibilities to contribute to the economic development of society and seeks to serve as a needed and trusted part of society at all times. The SII Group companies and their employees are committed to providing value to all group stakeholders, as well as to society at large, fulfilling their social responsibilities based on a strong ethical sense and contributing to the creation of a more sustainable society.
<Article 1.> Providing value
- We are committed to enhancing our technologies, creating new value, and producing safe, socially useful, and high-quality products and services that strengthen satisfaction and trust among our customers.
<Article 2.> Approaching corporate activities with fairness and integrity
- In addition to compliance with all applicable laws and regulations, we accurately manage all types of information, including personal and customer data, and pursue our corporate activities with ethics, fairness and integrity.
- We maintain a sound relationship with governmental and administrative authorities and take a rigorous, resolute position against antisocial forces that pose a threat to social order or security.
<Article 3.> Human rights and human resource development
- We respect the diversity and the human rights of all our employees and seek to achieve safe, comfortable working conditions. We facilitate and support the advancement and growth of each employee and endeavor to ensure all employees the fair evaluation and treatment.
- We respect the human rights and individuality of all stakeholders in our business activities.
- We strive to develop a creative, professional human resources characterized by a strong ethical sense.
<Article 4.> Creating harmony with the environment
- Recognizing that environmental issues affect all of us, we focus intently on resolving such issues and initiate proactive measures to avoid burdening the public.
<Article 5.> Establishing a constructive coexistence with society
- We communicate openly with society and promote the appropriate disclosure of company information to become a more open enterprise.
- As good corporate citizens, we engage in extensive philanthropic activities.
- Through our business activities on the global stage, we advance corporate management that takes into account the interests of our stakeholders and contributes to the development of each country pursuant to this Charter.
<Article 6.> The commitment of senior management
- After realizing the spirit of this Charter and taking the lead in an exemplary manner for the implementation of the Charter, senior management has established a mechanism throughout the corporation to ensure thorough implementation of the Charter within the SII Group companies. Senior management encourages our business counterparts to follow this example.
- In the event of violations of the Charter, senior management must assume responsibility for resolving the issues in question and make full and prompt public disclosure. On identifying the responsibility for the violation, senior management must impose strict disciplinary action on those responsible, including members of senior management itself.
SII's Sense of CSR
We look at CSR from two viewpoints: Basic CSR and Active CSR.
Basic CSR includes the fundamental responsibility of a company to manage the business in an orderly manner and earn trust through compliance and ethical corporate conduct.
In addition to compliance, or any other obligations, Active CSR is the proactive creation of meaningful value for stakeholders, and the enhancing of satisfaction for each and every stakeholder. SII is working on this through its business activities.
Approaches toward Sustainable Development Goals
The United Nation's Sustainable Development Goals (SDGs) were adopted in September 2015 and enforced in January 2016. SDGs is a set of 17 "Global Goals" containing 169 targets, and the achievement of this universal goals requires corporations to make ongoing efforts.
SDGs attempts to resolve a wide range of social issues common to the international community, including the environment, poverty, hunger, and decent work. There are also goals related to the foundation of business operations such as responsible consumption and production.
SII, as a corporation and member of the international community that has developed business on a global basis, has a responsibility to support the achievement of SDGs.
Innovation is essential for the achievement of SDGs, and it cannot be actualized if we continue to work as we have done in the past. SII owns "SYO"ism* technology that has been developed based on watchmaking technology. We pursue innovations by leveraging our "SYO"ism technology and remain committed to making a contribution to the achievement of SDGs in our business activities.
* "SYO"ism signifies three keys of our technological philosophies: "Craftmanship," "Miniaturization," and "Efficiency."
CSR Committee Activities
In January 2005, SII established the CSR Committee to comprehensively promote company-wide CSR activities. Chaired by the president, the committee includes managers of the head office divisions as standing committee members.
The CSR Committee deliberates and reports on CSR-related matters, including compliance and risk management.
CSR Targets and Results
Our major CSR activities carried out in FY 2023 are as follows.
: Overachieved
: Achieved or almost achieved
: 70% or less achieved—: N/A
Compliance
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Continue to conduct the annual online compliance test (Compliance Quiz) | Conducted from December 2023 to January 2024 | |
Conduct the annual online Compliance Quiz |
| Conduct the annual compliance awareness survey | Conducted from June to July 2023 | |
Conduct the annual compliance awareness survey |
Cases reported to the SII helpline and processed by the consultation service: 0
Risk Management
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Continue to implement and promote the group-wide risk management activities | Implemented PDCA for evaluation and management of key risks | |
Continue to implement and promote the risk management activities |
Intellectual Property
The number of SII's patents In Japan: 607 Outside Japan: 679
Customer Satisfaction
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Continue striving to improve customer satisfaction | Continued striving to improve customer satisfaction. | |
Continue striving to improve customer satisfaction. |
Quality Assurance and Product Safety
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Product safety check: Conduct the check on the target products for 100% |
Checked all 12 products and completed follow-up actions for any improvement points identified during the checks. | |
Product safety check: Conduct the check on the target products for 100% |
Work/Life Balance
Childcare leave taken by 21 individuals (including 8 males)
Short-hours work for childcare taken 26 individuals (including 2 males)
Occupational Safety and Health
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| The SII Group comprehensive safety inspection (self-inspection): Conduct the inspections at all sites in Japan and at international manufacturing sites *On-site audits will be scheduled based on each country's response to the COVID-19 outbreak and other relevant factors. |
Conducted inspections at all sites in Japan and at international manufacturing sites, and took corrective action at each location *The on-site audit was postponed due to internal company reasons |
|
The SII Group comprehensive safety inspection (self-inspection): Conduct the inspections at all sites in Japan and at international manufacturing sites *On-site audits will be scheduled separately |
Health Promotion
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Implementation rate for the specific health checkups: 91.0% | 89.0％* | |
91.4％ |
| Implementation rate for the specific health guidance: 55.1% | 15.2％* | |
55.0％ |
*Projected values as of September 2024
Sustainable Procurement
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Continue the implementation of supplier certification system | Continued the implementation | |
Continue the implementation of supplier certification system |
Coexistence with Society
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| Continue local community engagement activities at each site | Carried out local cleanup activities, contributions, tree planting, and other initiatives | |
Continue local community engagement activities at each site |
Creation of Eco-friendly Products
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target | |
|---|---|---|---|---|
| Increase the sales rate of Green Products | 95% or more for the entire SII | 98.8% |  |
Maintain the rate at 95% or more for the entire SII |
| Increase the number of High Grade Green Products | (Ascertaining the results) | 0 | — | (Ascertaining the results) |
Control of Chemical Substances Contained in Products
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target | |
|---|---|---|---|---|
| Ensure products free of cadmium, hexavalent chromium, mercury, and lead | Maintain the rate of products free of the substances concerned at 95% or more*1 | 99.1% | |
Maintain the rate of products free of the substances concerned at 95% or more*1 |
| Ensure products free of phthalate esters | Ensure the rate of products free of phthalate esters at 95% or more*2 | 98.2% *3 | |
Ensure the rate of products free of phthalate esters at 95% or more*2 |
*1 Completed the elimination by the end of May 2006 for products to be sold in the EU.
*2 The control of phthalates, DEHP, DBP, and DIBP, is subject to the products to be shipped to countries outside Japan.
*3 Completed the elimination by the end of May 2019 for products to be sold in the EU (for products subject to compliance with laws and regulations).
Climate Change
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target | |
|---|---|---|---|---|
| Reduction of greenhouse gas emissions | -5.25% from 2022 | Total amount: 49,579 tons-CO2*1 -12.5% from 2022 |
— | — |
Aggregation scope:
- Covers greenhouse gases beyond CO2.
- Excludes GHG emissions from biological sources.
Emission Factors:
- Electricity: Calculated using the Emission Factor by Electric Utility in the Law Concerning the Promotion of Measures to Cope with Global Warming.
Calculated using the IEA's Emissions Factors dataset for international sites.
- Fuel: Calculated using the List of Calculation Methods and Emission Coefficients from the Calculation, Reporting, and Publication System, in accordance with the Law Concerning the Promotion of Measures to Cope with Global Warming.
- Greenhouse gases other than CO2: Calculated using the List of Calculation Methods and Emission Coefficients from the Calculation, Reporting, and Publication System, in accordance with the Law Concerning the Promotion of Measures to Cope with Global Warming.
Resource Circulation
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target | |
|---|---|---|---|---|
| Improve the recycling rate of wastes | Maintain the current status at sites in Japan | 82% | — | Maintain the current status |
| Improve by 3 points from FY 2022 at overseas sites | 63% | — | +3 points from FY 2023 at each overseas site | |
| Reduce water use | Maintain the current status at sites in Japan | 309K ㎥* +5% from FY 2022 |
— | Maintain the current status |
| Reduce by 1% from FY 2022 at each overseas site | 142K ㎥ -7% from FY 2022 |
— | -1% from FY 2023 at each overseas site | |
| Reduce office paper use | Reduce by 3% from FY 2022 at overseas sites | 3 tons -37% from FY 2022 |
— | -3% from FY 2023 at each overseas site |
Control of Chemical Substances
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target | |
|---|---|---|---|---|
| Reduce the amount of emissions of chemical substances* | Maintain the current status at sites in Japan | 15 tons -11% from FY 2022 |
— | Maintain the current status at sites in Japan |
* Chemical substances subject to control at SII: PRTR hazardous chemical substances, HFCs, PFCs, SF6, NF3, and VOC.
Biodiversity
| FY 2023 Target | FY 2023 Results | Evaluation | FY 2024 Target |
|---|---|---|---|
| - Continue to implement initiatives based on the SII Group Land-use Guidelines on the Conservation of Biodiversity - Continue to visualization and PR of biodiversity conservation activities at each site |
- Continued to implement the initiatives - Reported the activities using the site reports of each site |
 |
- Continue to implement initiatives based on the SII Group Land-use Guidelines on the Conservation of Biodiversity - Continue to promote visualization and PR of biodiversity conservation activities at each site (In particular, work on introduction of wildlife at business sites) |
- Two units in Chiba continue the Supporters for Conserving the Strain of Japanese White Pine (Pinus Parviflora) under the Chiba prefecture's project, monitor the growth, and make periodic reports to Chiba prefecture
- Ohno Unit continues the Biodiversity monitoring members of Ichikawa City and conducts the monitoring of indicator organisms
