At the Ryoyo Group, our basic policy on sustainability initiatives is to address social issues such as sustainable economic growth and global protection. This commitment is outlined in our Code of Conduct. Guided by our “VALUE and PRIDE” Action Policy, everyone at the Ryoyo Group adheres to the Code of Conduct and cooperates with diverse stakeholder groups on various efforts to promote sustainable growth.
To ensure consistency across the supply chain, the Ryoyo Group has updated its Code of Conduct, based on the Responsible Business Alliance Code of Conduct. The Code outlines the fundamental principles that guide officer and employee conduct. This includes compliance with relevant laws and regulations in the countries and regions in which the Group operates, respect for international norms, and the Ryoyo Group’s duty to fulfill its social responsibilities.
Environment ：Addressing environmental issues
(New technologies and concepts for the next generation)
Society ：Helping to solve social issues
(Addressing problems and fostering expectations and anticipation for the future)
Governance ：Strengthening management and sales foundations
(Building organizational strength to achieve sustainable growth)
Human Resources ：Ensuring diversity of human resources and reforming working styles
(Investing in human capital to foster three aspects of our corporate culture*1)
At the Ryoyo Group, we are promoting even greater resilience by engaging in sustainability initiatives not only within the Group but also across our entire supply chain. We also invite our business partners to join us in taking the following measures.
* Business partners: Suppliers and outsource providers located upstream in our supply chain
・Practicing sustainable procurement (Sustainable Procurement Guidelines)
・Promoting green procurement and managing chemical substances contained in products
(Green Procurement Guidelines and Management Standards on Chemical Substances)
・Implementing responsible mineral procurement
The power semiconductors provided by the Ryoyo Group are used in photovoltaic systems, where reducing power loss is an important goal, as well as in railway vehicle equipment that uses large amounts of electricity. Our products help manufacturers reduce the environmental impact of their equipment.
The Ryoyo Group has identified “addressing climate change issues” for specific action as it addresses environmental issues, which is one of the material issues the Group identified for its sustainability initiatives. We are carrying out information disclosure based on the TCFD recommendations, while striving to improve the overall quality and quantity of the information disclosed.
The Ryoyo Group supports “Pilgrimage Route Environmental Conservation Activities for 100,000 Participants,” a campaign run by Wakayama Prefecture to help protect and utilize the “Sacred Sites and Pilgrimage Routes in the Kii Mountain Range,” a World Heritage site. In 2019, Ryoyo employees took part in a related restoration activity, the Kumano Kodo Michi Bushin Walk.
* Activities have since been suspended due to the COVID-19 pandemic.
The Ryoyo Group seeks to contribute to society by supporting the next generation and building comfortable workplace environments where employees can balance work and child-rearing responsibilities and fully demonstrate their potential.
The Ryoyo Group is working to support the healthcare field by providing support services for the adoption of online qualification verification, by providing products that help prevent the spread of COVID-19, and by donating to the Cancer Institute Hospital of JFCR.
In addition to mainstay corporate activities, the Group is also promoting the sport of table tennis along with revitalization of local communities as a new sponsor of the T.League, Japan’s premier professional table tennis league. Our aim is to be a corporate enterprise that is closely connected with people’s lives.
By supporting the Tokyo Haneda Vickies, a professional women’s basketball team, the Ryoyo Group is also promoting the sport of basketball and the associated community revitalization. Our aim is to be a corporate enterprise that contributes significantly to society.
The Ryoyo Group also supports the Nagoya Diamond Dolphins, a men’s professional basketball team. By supporting the team’s activities for promoting sports and contributing to the community, we are working with the team to help shape a better society.
The Ryoyo Group recognizes that maintaining an effective internal control system is an important management issue and is developing a system to ensure proper organizational management.
In order to ensure the independence of the candidates Ryoyo Electro recommends for outside officer positions (Outside Director and Outside Audit & Supervisory Board Member), it has formulated criteria for the selection of outside officers.
Since people are the most valuable management resource of the Ryoyo Group, the Group has established a Disaster Prevention Policy to protect human life. The policy also aims to minimize damage and allow business activities to resume as soon as possible in the event of a disaster.
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