Nikon 2008 Annual Report Download - page 26

Risk Management
A Risk Management Committee has been established to
provide comprehensive risk management, with the goal
of sustainable development for the Nikon Group. The Risk
Management Committee was established in April 2006 to
provide a comprehensive assessment and response to the
risks the Nikon Group is facing. It examines and evaluates
risks within the Group, formulates strategies to counter
risks that could have an impact on business performance,
and conducts training to minimize the damage from such
risks. It also regularly monitors risks, and establishes
plan-do-check-act (PDCA) protocols.
Nikon has also strengthened its management of infor-
mation resources with the establishment of an Informa-
tion Security Subcommittee, which controls the use of
computers and other equipment, provides long-term
storage of e-mail, and engages in other activities. For the
protection of personal information, Nikon has guidelines
for the Group to ensure compliance with relevant laws
and regulations, and a high standard for its management
structure. We have also established an Integrated Disaster
Prevention and BCM Committee in preparation for major
earthquakes or other disasters.
Environmental Conservation
Nikon established the Nikon Basic Environmental Man-
agement Policy in 1992, and under the guidance of the
Environmental Committee has pursued environmental
conservation measures based on the principles of recycl-
ing and coexistence with nature. We consider the immedi-
ate issue of countering global warming to be an important
management issue, and conscious of the Kyoto Protocol
in October 2007 established a Global Warming Prevention
Project Team led by the executive vice president. This
team sets specific numerical targets for energy conserva-
tion, reductions in CO2 emissions and other environmen-
tal indices, and implements these throughout the Group.
Going forward, to improve the efficiency of its activi-
ties this team will formulate, establish and implement
measures centered on the Precision Equipment, Imaging
Products, Instruments, and Glass businesses.
The Environmental Committee evaluates results
against the environmental targets set for each fiscal
year, identifies any issues, and makes revisions. It is now
formulating a new three-year plan for environmental
action, the Nikon Environmental Action Plan, and setting
Environmental Targets. Moreover, Nikon is enhancing
environmental responsiveness at the purchasing stage
for raw materials and other commodities in coopera-
tion with business partners. To promote environmental
friendliness throughout the lifecycle of a product, Nikon
utilizes the Nikon Product Assessment protocol during
development and design in all product fields. This helps
to encourage the reuse and recycling of used products,
and lessen the environmental burden from packaging
and in distribution.
Social Contributions
Nikon’s social contribution activities encompass a wide
range of fields that extends beyond business-related
areas. We place a high value on coexisting with local
communities, conducting clean-up activities in the areas
around our plants in Japan, and participating in various
community events. In the imaging and technology fields
in which the Nikon Group specializes, we make available
technology and products, sponsor photo exhibitions, and
conduct other activities that contribute to the rich devel-
opment of society. During fiscal 2008, to commemorate
the 90th anniversary of its founding Nikon launched the
Nikon Scholarship Program to benefit children in Thai-
land, and took other proactive measures to support the
international community.
Respect for Human Rights
Initiatives for the respect of human rights are important
in the international community. In July 2007, Nikon joined
the Global Compact project sponsored by the United
Nations. This program, advocated by former UN Secre-
tary General Kofi Annan in 1999 and launched in 2000,
calls on participating corporations and organizations to
provide support by voluntarily adopting 10 principles
relating to human rights, labor standards, protection of
the environment, and anti-corruption measures. The
measures in the Global Compact are consistent with the
CSR-oriented management policies of the Nikon Group,
and we have enhanced our CSR awareness in the spirit of
these 10 principles. In December 2007, Nikon formulated
the Nikon Procurement Partners’ CSR Guidelines, calling
on its procurement partners to also assist in widening
CSR management to include respect for individuals and
other initiatives.
24 Nikon Annual Report 2008