The Shin-Etsu Polymer Group considers conducting corporate activities based on compliance as one of the most important tasks that a company should perform on a permanent basis. Through such corporate activities, we make efforts so that the Group maintains trust as a member of society. We also strive to operate appropriate and efficient internal controls based on the establishment and maintenance of a compliance system.

 

Basic Compliance Policy

As a corporate group committed to legal compliance, conducting fair corporate practices, and contributing to society, we regard thorough compliance as a basic management principle and conduct compliance activities based on this principle to build a high reputation among all stakeholders and credibility in society.

Compliance Promotion System and Enhancement

As its compliance promotion system, the Shin-Etsu Polymer Group has established basic compliance principles and regulations, and the Compliance Committee under the direct control of the Board of Directors responds to compliance issues across the company. In the Medium- term Management Plan formulated in May 2023, we included “Strengthening of the Compliance Committee” as one of the measures for “Strengthening Governance,” which is a key issue in our ESG initiatives. In the current fiscal year, we have increased the frequency of committee meetings from once a year to four times a year, and have set the goal of activities to improve awareness of “doing the job right.” We have set themes requiring subsidiaries and departments to take the initiatives, prioritize them, and work together with the secretariat to implement them. In addition, we are promoting compliance-based corporate activities throughout the Group by consistently implementing
compliance education to raise employees’ awareness of compliance and by developing an internal reporting system.

 

Compliance Promotion System Chart