We are committed to addressing social challenges
with an eye toward realizing a sustainable society and enhancing corporate value.
The Obayashi Basic Principles, consisting of the Obayashi Philosophy, Obayashi Code of Conduct, and Obayashi Three Pledges, apply to all officers and employees. We believe that our business activities themselves are the very practice of the Obayashi Basic Principles. We clearly define the Group's social responsibilities, taking account of the needs of our stakeholders and society. Then we work to solve social challenges. In June 2019, we established Obayashi Sustainability Vision 2050 (OSV2050). The Obayashi Group will work to achieve our vision for 2050, realizing the sustainability of the planet, society, and people.
Main Policies and Promotion Framework
Management policies, including the policy on ESG initiatives, is determined by the Board of Directors and each division conducts its business based on that policy. The company has also established individual committees to handle important matters such as corporate social responsibility (CSR), corporate ethics, and technology strategy. Each committee pursues its respective initiatives. Below are major committees and their promotion framework
|CSR Committee||Formulates the basic policy on the environment and other aspects of CSR and measures for promoting activities and review the status of implementation of the Obayashi Code of Conduct.
Head of the Committee: President
Times Committees Held: Once a year
|Environmental Management Expert Committee||Sets basic policies and measures on environmental initiatives in general, tracks and evaluates results of environmental initiatives under the EMS, then sets targets for subsequent fiscal years and reconsiders our activities. Head of the Committee: Executive officer responsible for the environment Times Committees Held: Twice a year|
|Corporate Ethics Committee||Formulates measures to promote awareness of corporate ethics and compliance with corporate ethics, conducts investigations to uncover the facts concerning incidents that violate corporate ethics, and formulates measures to prevent recurrence. Head of the Committee: President Times Committees Held: Once a year *Corporate Ethics Promotion Committee (chair: officer in charge of compliance) meets three times a year|
|Raises awareness of crisis management and takes other steps to prevent circumstances that would inflict serious damage on corporate management and corporate business activities or adversely impact society, and takes action to mitigate the damage, should an incident occur. Head of the Committee: President Times Committees Held: As needed|
|Technology Strategy Committee||Formulate matters related to ICT strategies and important measures and evaluate and disseminate results related to ICT measures. Head of the Committee: President Times Committees Held: As needed|
|ICT Strategy Committee||Formulate matters related to ICT strategies and important measures and evaluate and disseminate results related to ICT measures. Head of the Committee: President Times Committees Held: As needed|
|Suppliers and Labor Committee||Formulates the basic policy on supplier guidance and maintaining and improving the work environment for skilled workers who work at construction sites and promotes initiatives. Head of the Committee: President Times Committees Held: As needed|
|Central Health and Safety Committee||Promotes initiatives that contribute to prevention of accidents in the work place and to improvement in health and safety. Head of the Committee: President Times Committees Held: As needed|
|Human Rights Awareness Promotion Committee||Promotes resolution of human rights issues and awareness of human rights, based on the Obayashi Statement on Human Rights. Head of the Committee: Executive Officer Times Committees Held: Meets regularly once a year, and as needed|
|Career Development Committee||Promotes effective training of employees and formulates and promotes measures to develop employees and their skills. Head of the Committee: Executive Officer Times Committees Held: As needed|
In August 2013, Obayashi Group joined the UN Global Compact. We support the ten principles relating to areas of human rights, labor, environment, and anti-corruption. We will promote our business activities with a high sense of responsibility and global perspective in order to promote responsible business to contribute to the creation of a sustainable society.
Initiatives for Sustainability
From the view point of ESG (Environment, Social, Governance), we are clarifying and promoting initiatives to solve social challenges and realize a sustainable society. We have issued corporate bonds (ESG bonds) limited in funds to solve social issues such as environmental problems.
We consider stakeholders to be anyone who is impacted economically, environmentally or socially by our business, as well as those who have an impact on the Group. Through various aspects of our business, we value interactive communication with stakeholders, we reflect the opinions and requests of stakeholders in our business activities, and we respond to the expectations and demands of society.
Our Specific Communication Tools
|For Stakeholders||Main Communication Tools & Details|
Shareholders & Investors
Scope of Report and Referenced Guidelines
Scope of Report：Reports related to sustainability cover the Obayashi Group. These reports cover the main results reporting period for fiscal year ended March 31, 2020 (April 1, 2019 to March 31, 2020), and also cover some results and activity content from previous or later period.
- United Nations Global Compact (joined in from August 2013)
- United Nations Sustainable Development Goals (SDGs)
- Universal Declaration of Human Rights
- International Labor Organization's Declaration on Fundamental Principles and Rights at Work
- United Nations Guiding Principles on Business and Human Rights (UNGPs)
- Keidanren (Japanese Business Federation) Charter of Corporate Behavior
- GRI Standards
- International Integrated Reporting Framework