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Participation in and Sponsorship of Initiatives

The Signing the United Nations Global Compact

The UN Global Compact is a voluntary initiative under which each company and organization participates in the development of a global framework for participants to act as good members of society and realize sustainable growth by demonstrating creative, responsible leadership. It was proposed by then-UN Secretary-General Coffey Annan at the World Economic Forum in 1999, and officially launched at the UN headquarters in New York in July 2000.
In April 2014 the Yamato Group signed the United Nations Global Compact, a global framework for achieving sustainable growth.
By supporting the ten principles of the UN Global Compact ※and implementing them in its business activities, the Group contributes to the sustainable development of society by fostering a sound corporate culture.
※The UN Global Compact defines ten principles in four key areas (Human Rights, Labour, the Environment, and Anti-Corruption).

Human Rights

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

Labour

  1. 3Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  2. 4the elimination of all forms of forced and compulsory labour;
  3. 5the effective abolition of child labour; and
  4. 6the elimination of discrimination in respect of employment and occupation.

Environment

  1. 7Businesses should support a precautionary approach to environmental challenges;
  2. 8undertake initiatives to promote greater environmental responsibility; and
  3. 9encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

  1. 10Businesses should work against corruption in all its forms, including extortion and bribery.

Endorsement of the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

The Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) established by the Financial Stability Board (FSB) in 2015 encourage the disclosure of information on the risks and opportunities brought by climate change in terms of four factors—governance, strategy, risk management, and metrics and targets. The Yamato Group carried out scenario analysis for Yamato Transport Co., Ltd. in fiscal 2015 and announced its endorsement of the TCFD in September 2022.
For more details, please refer to Response to TCFD.

TCFD