UN Global Compact
In April 2021, UBE signed the United Nations Global Compact and joined the UN Global Compact Network Japan, the local network of Global Compact participants in Japan.
UBE participates in 13 subcommittees as part of the Global Compact Network Japan, and shares corporate best practices for the sustainability issues being addressed by each subcommittee. These efforts demonstrate the Company’s active approach to carrying out Groupwide sustainability management.
13 subcommittees in which UBE participates
- Supply Chain Working Group
- Environment Management Working Group
- GC Internal Promotion Working Group
- Kansai Area Working Group
- Human Rights Due Diligence (HRDD) Working Group “Guiding Principles on Business and Human Rights”
- Human Rights Education Working Group
- Anti-Corruption Working Group
- Disaster Risk Reduction (DRR) Working Group
- SDGs Working Group
- ESG Working Group
- Women’s Empowerment Principles (WEPs) Working Group “Women’s Empowerment Principles”
- Reporting Working Group
- Well-Being Working Group
TCFD
The UBE Group expressed its support for the TCFD proposals in April 2020. We will assess and analyze the business risks and opportunities of climate change for the Group, reflecting these factors in our business strategy and disclosing information.
- * The Task Force on Climate-Related Financial Disclosures (TCFD) was disbanded in October 2023, and the IFRS Foundation has taken over its functions.
Circular Partners
In July 2024, we began participating in Circular Partners, a partnership designed to promote cooperation among corporations, governments, and academia directed toward realizing a circular economy.
It is difficult for individual corporations to realize a circular economy on their own, therefore it is necessary to collaborate with relevant parties over the course of a product's entire life cycle and expand initiatives. We have also positioned contributing to a circular economy as one of three key areas within global environmental issues.