Yokogawa Policies

Yokogawa has established the corporate philosophy and the standards of business conduct applied to all the group companies. These policies clearly describe Yokogawa’s corporate responsibility.

• Corporate Philosophy
• Standards of Business Conduct

Also, the Yokogawa Group Compliance Guidelines give clear rules and guidelines relating to human rights, obedience to the law, workplace safety, hygiene, etc.

• Yokogawa Group Compliance Guidelines (Human Rights)

An enterprise should sustain itself and grow with the changing society. Yokogawa's corporate philosophy states that its goal is "to contribute to society through broad-ranging activities in the areas of measurement, control, and information." As Yokogawa takes pride in the fact that it is supporting the industries in the world, it is fulfilling our responsibility to society.

In addition, to address the issues that society and global environment are facing, Yokogawa contributes to the society by utilizing the "technology for measurements, controls, and information." It utilizes these methods in the areas of energy conservation solutions, new energy development support, energy load measurement and analysis, and medical and pharmaceutical development support.

In Standards of Business Conduct for the Yokogawa Group, five "Basic Principles" are defined: Realizing the Yokogawa Philosophy, Customer Satisfaction, Observance of Laws and Regulations, Respect for Human Rights, and Order and Safety of Community and Society. In addition, the Basic Attitude of the Yokogawa Group defines its contribution to global environmental protection and relationship with the stakeholders. Abiding by these principles, work is in progress to meet the expectations of stakeholders, which includes employees, customers, and stockholders.

At Yokogawa, all employees are considered an asset (human resource), and as such, it strives to continually improve its work environment and proactively provide its employees with opportunities to develop their abilities. In addition, it strives to meet the expectations of its customers, with its motto since the inception, "Quality First." Being also mindful as "good citizens," as declared in its corporate philosophy, Yokogawa is actively engaged with local communities and social action programs through its employee volunteers.

To support a healthy and continued growth, Yokogawa is working to strengthen its corporate governance, striving to increase the transparency of the decision making by our Board of Directors and to enhance the audit functions. At the same time, Yokogawa is maintaining its internal control system to execute the business appropriately and effectively. In addition, as a business that is trusted by society through its fair and honest business activities, Yokogawa makes an effort to cultivate a corporate culture that gives compliance the highest priority above all else.

In 2008, the CSR Promotion Headquarters was newly established as a designated department for CSR. In 2009, departments in charge of compliance, environmental protection, occupational labor and safety, and corporate citizenship were consolidated as "CSR and Business Ethics Department," which was set up within the Audit and Compliance Headquarters that oversees internal control. The result is a structure for more comprehensive CSR activities across the entire group.

• Internal Control System

In January 2009, Yokogawa participated in the "United Nations Global Compact," an international initiative that promotes 10 principles concerning human rights, environment, and corruption prevention in. As of February 2010, 7,542 groups are participating in the world, and Yokogawa is the 76th Japanese company to participate in it. An effort has been ongoing to share the ethos and the standard of the Global Compact with all workers within the Group and all the customers connected through its supply chains.

• UN Global Compact Index