In line with business expansion, the NGK group is also engaged in minimizing risks related to globalization and diversification while augmenting our risk management structure. The CSR Committee periodically confirms and follows up on the status of Company-wide risk countermeasures to ensure every effort is being made to manage business risks.
The NGK Group Guidelines for Corporate Behavior were announced within and outside the company as our basic stance toward the realization of the NGK Group corporate philosophy of creating new value by providing products and technologies that contribute to a better social environment. This includes initiatives that strictly observe the protection of third party rights and corporate assets and trust through the practice of risk management.
The NGK Group assumes six categories of company-wide risks pertaining to compliance, information, employment and labor, making an effort to avoid and prevent these risks through deliberation of budgets and plans and overall examination and analysis in the course of execution and settlement processes at Strategy Committee and Executive Committee meetings.
Business continuity planning (BCP) was formulated to ensure the continuation of critical business functions in the event of large-scale natural disasters including wind and flood damage and earthquake, massive transportation accidents or other emergency situations, which will be addressed by the Central Disaster Prevention and Control Headquarters and BCP Countermeasures Headquarters.
|1.Compliance||Legal/Regulatory infractions / improper accounting|
|Misappropriation by individuals|
|Violation of intellectual property rights|
|Human rights violations/harassment|
|Trouble with local communities|
|Support for antisocial forces|
|2.Information||Information systems breakdown|
|Leak of proprietary or personal information|
|Inappropriate use of SNS|
|Long-working hours/health management|
|Support for unskilled labor|
|4.Incidents/Accidents /Disasters||Incidents and accidents|
|5.Environment||Environmental management trouble|
|6.Product safety||Defective products|