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YOKOGAWA

Yokogawa Electric Corporation

UN Global Compact Index

The United Nations has put forward a set of ten principles, The UN Global Compact, relating to human rights, labor, the environment, and anti-corruption. On January 5, 2009, Yokogawa signed on as a participating company.

Kofi Annan, former Secretary-General of the UN, first proposed the Global Compact at the World Economic Forum in 1999; the UN officially launched it in 2000. Participating companies are expected to uphold and practice international standards relating to human rights, labor, the environment, and anti-corruption.

Today, Yokogawa does business around the world and its actions affect economies, societies, and the environment. Recognizing its role as a global company, it abides by international norms and actively works to address urgent international issues such as the environment and human rights.

Below are the ten principles of the UN Global Compact, followed by Yokogawa’s efforts in each area:

Human Rights

Principle 1:
Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2:
make sure that they are not complicit in human rights abuses.

Yokogawa’s Efforts:

Labor Standards

Principle 3:
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4:
the elimination of all forms of forced and compulsory labor;
Principle 5:
the effective abolition of child labor; and
Principle 6:
the elimination of discrimination in respect of employment and occupation.

Yokogawa’s Efforts:

Environment

Principle 7:
Businesses should support a precautionary approach to environmental challenges;
Principle 8:
tundertake initiatives to promote greater environmental responsibility; and
Principle 9:
encourage the development and diffusion of environmentally friendly technologies.

Yokogawa’s Efforts:

Anti-Corruption

Principle 10:
Businesses should work against corruption in all its forms, including extortion and bribery

Yokogawa’s Efforts: