Japanese Corporate Social Responsibility

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Japanese Corporate Social Responsibility
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Corporate Social Responsibility

• Definition
• Concept where companies must actively pursue
  issues concerning the environment and other
  social issues, such as
• Corporate ethics
• Compliance to laws and regulations
• Labor issues
• Environmental protection
• Human rights
• Consumer protection

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Background to CSR

• Increased scrutiny because of
• Corporate scandals
• Quality control issues
• Leakage of personal information
• Corporate mismanagement
• Globalization of companies
• Growth of information technology
• Information can be conveyed instantaneously
• Corporate action will be condemned by NGOs

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International Organization for Standardization
(ISO 26000)

• This standard offers guidelines on socially
  responsible behaviors and possible actions.
• Japanese corporations must respect these standards

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Supply-Chain Management

• CSR involves the entire supply-chain of the
  world, e.g., distributors and vendors.
• CSR provisions must be included in all
  transactions.
• Theme of CSR must involve all the stakeholders in
  the company.

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Group Activity

• TASK
• You and your group are the leaders of a large
  corporation and have been called upon to change
  your companies focus to one of social
  responsibility.
• Develop a Mission Statement that describes your
  companies goals.
• Statements must include at least three specific
  goals related to social responsibility.
• Be prepared to present your Mission Statements to
  the class.