Realizing the importance of considering human rights in global business environments, Nidec upholds international guidelines such as “the UN Guiding Principles on Business and Human Rights,” “the UN Global Compact,” “the UN Universal Declaration of Human Rights,” and “the ILO Declaration on Fundamental Principles and Rights at Work” in response to the diversifying human rights-related issues.
The Nidec Group CSR Charter provides for “respect for human rights,” while the Nidec Group Declaration on CSR Conduct, which complements the CSR Charter, prohibits forced labor, child labor, and discrimination and inhumane treatment, and guarantees proper wages; work hours, non-work days, and leaves; freedom of association; and the right to collective bargaining.
Nidec Corporation’s CSR Committee, an organization under the company’s Board of Directors, comprises the chairperson, who is appointed by the Board (the current chairperson is Hidetoshi Yokota, Nidec Corporation’s Senior Vice President and CFO), and other members appointed at individual sites, and deliberates and makes decisions on important matters, such as activity policies and annual plans of CSR-related issues in general (e.g. human rights issues).
The Nidec Group annually assesses human rights-related and other risks at all of its business sites, including newly established ones and those that have newly joined the group via M&A. The group has in place a whistle-blowing system for employees to ask for aid in the face of any actual or suspected human rights abuse.
The Nidec Group’s human rights-related risk assessment is focused primarily on Asia, where more than 70% of its employees operate. In partnership with a third-party certification organization we regularly implement a third-party CSR audit at our selected factories in Asia, using the set of standards substantially equivalent to RBA Code of Conduct* (Nidec Group CSR Declaration). The audit encompasses seven essential dimensions of human rights, including at-will employment, child/young labor, and work hours.
*RBA (Responsible Business Alliance) Code of Conduct: A code of conduct, established by the electronics industry, on business activities throughout the supply chain.