Olympus 2015 Annual Report Download - page 30

Olympus CSR
Approach to CSR
Through its CSR activities, the Olympus Group responds
to the needs and expectations of society and fulfills its
obligations and responsibilities.
We believe that to justify the continuing existence of
Olympus as a company and to help people enjoy healthier
and happier lives, we must fulfill our responsibilities through
dialogue with all stakeholders (persons and organizations
with which we interact through our business activities),
including customers, suppliers, shareholders and investors,
as well as employees and their families, local communities*,
and the international community*.
* Local communities and the international community include general citizens, NGOs,
NPOs, and the government.
Realizing the “Social IN” Corporate Philosophy
As part of its efforts to put the “Social IN” corporate philosophy into practice, Olympus has adopted Corporate Conduct
Charter as a guideline for the conduct of all members of the Olympus Group. We have also formulated CSR-related guidelines,
charters, and ideals, which are being applied consistently throughout the Olympus Group.
Establishment of a CSR Committee
Olympus established the CSR Committee under the Chair-
manship of the president to strengthen its CSR activities and
ensure the realization of its “Social IN” corporate philosophy.
By assisting the president in his decision making and pro-
moting and monitoring the implementation of decisions, the
CSR Committee helps to disseminate and consolidate CSR
within the Olympus Group.
Several promotion committees have been established
under the CSR Committee. These work with the CSR
Committee to study measures and develop plans, and
promote their implementation in the functional areas for
which they are responsible.
Compliance Promotion Structure
Olympus has appointed a Chief Compliance Officer (CCO)
whose task is to clarify compliance-related responsibilities.
We have also established a Compliance Committee,
chaired by an outside director and consisting of the CCO
and independent members, to advise the Board of Direc-
tors. The Compliance Committee works to strengthen
compliance initiatives through its meetings, which are nor-
mally held every quarter. Olympus holds quarterly meetings
of Global Compliance Committees for compliance officers
from each regional headquarters worldwide. The purpose of
these committees is to implement compliance-related poli-
cies and measures, identify issues, and enforce counter-
measures as required, both globally and regionally.
CSR Concept of the Olympus Group
Social demands and expectations
CSR = Development of both society and Olympus
Duties and
responsibilities
to society
Contribution to Society
through Business
Economy Society The
Environment
Contribution to Society through
Other Voluntary Activities
Fulfilling all obligations through compliance with laws,
regulations, and business ethics
By providing needed value
to society and producing
profits through business
By investing in society and
establishing a meaningful
relationship within it
Customers Business
partners
Local
communities
Shareholders
International
communities
Employees
and their
families
From Corporate Philosophy to Policies / Plans / Actions
Linkage between Olympus’ Corporate Conduct Charter
and CSR Policies Corporate philosophy,
Social IN
Medium-term business plan
Annual business plan
Company rules
Daily business activities
Olympus’ Corporate
Conduct Charter
Olympus Group Code
of Conduct
CSR-related guidelines
Corporate
vision
Laws,
regulations,
and social
norms
Olympus’ Corporate
Conduct Charter
CSR-Related Basic Policies,
Charters, and Philosophies
INtegrity
Integrity in
Society
1 Adherence to High
Ethical Standards
2 Respect for Human
Rights
• Information Disclosure Policy
• Information Security Policy
• Risk Management and Crisis
Response Policy
• Procurement Policy
• Personal Information Protection
Policy
• Human Rights and Labor Policy
INnovation
Creating
Innovative Value
3 Delivering Innovative
Value
4 Working Environments
with Vitality
• Quality Philosophy
• Personal Information Protection
Policy
• Human Rights and Labor Policy
INvolvement
Social Involvement
5 Harmony with the
Environment
6 Contribution to Society
• Environmental Charter
• Social Contribution Policy
WEB Additional Information on CSR Activities:
http://www.olympus-global.com/en/csr/
Compliance Promotion System
Europe Americas Asia Japan
CSR Committee
Executive
Management Committee
General Meeting of Shareholders
Compliance Committee
Members: Outside directors, Non-Olympus members, CCO
Global Compliance Committees
Members: CCO, Regional Compliance Officers
Board of Directors
President
Each Organization
Reports / Proposals
Reports / Proposals
Instructions / Advice
Requests
Reports
CCO
Actions undertaken by the compliance organization within each region Compliance Promotion Committee
1 Adherence to High Ethical Standards
We will prioritize the spirit of compliance under any circum-
stances and will never tolerate any action that violates laws
and regulations, social norms, or internal rules. We will cre-
ate an environment within the organization where no concern
pertaining to compliance will be ignored. Moreover, we will im-
plement training and provide guidance to all parties concerned.
We will consistently oppose any antisocial force or organi-
zation posing a threat to the order and safety of civil society
and completely dissociate ourselves from any relation with them.
2 Respect for Human Rights
In all corporate activities, the Olympus Group will respect all
internationally recognized human rights and will prohibit
forced labor, child labor, or discrimination based on race,
beliefs, gender, age, social position, family lineage, nationality,
ethnicity, religion, or disability.
INtegrity Integrity in Society
5 Harmony with the Environment
Respecting the importance of people’s safety and health
and the essential role of nature in supporting their lives, the
Olympus Group will contribute to a healthy environment
and pursue sustainable development of society through
business activities and technological developments that are
in harmony with nature.
6 Contribution to Society
The Olympus Group is always mindful of the impact our
decisions have on stakeholders and society, and we will
actively seek out the voices of stakeholders, including cus-
tomers, business partners, shareholders, employees, and
communities, and sincerely respond to their questions, con-
cerns, and needs. The Olympus Group regards itself as a
citizen in each of the communities where employees live and
work, and we recognize the importance of supporting com-
munity organizations, programs, and activities.
Additionally, we will always respect the culture and prac-
tices of the countries and regions where the Group engages
in business.
INvolvement Social Involvement
3 Delivering Innovative Value
Olympus strives to play an integral role in helping people
around the world lead healthier and more fulfilling lives. To
enhance people’s lives, the Olympus Group will continue to
offer innovative value.
To that aim, we constantly seek to provide safe, high-
quality products and services that engender loyalty and
affection for our brand and that are meaningful to society,
while taking sufficiently stringent measures to protect cus-
tomers’ information.
4 Working Environments with Vitality
The Olympus Group will provide a safe and healthy working
environment where individuality and diversity are respected
and personal development is fostered. This environment will
allow employees to strive for the highest level of skill and
knowledge, and enable the innovative creation of value
sought by society.
We will aim to create working environments with a high level
of transparency in management, to share information without
seeking to hide or obfuscate unfavorable truths, and an atmo-
sphere in which free and vigorous discussion is encouraged.
INnovation Creating Innovative Value
Guided by the fundamental concept of “Social IN” and a keen awareness of our responsibilities as a corporate member of society,
and as a company on which diverse people with different cultures and value systems depend, the Olympus Group continues to provide
value to society by enhancing people’s lives through the products and solutions that we design and deliver.
At the Olympus Group, we are committed to conducting our affairs with a strong sense of ethics, and accordingly, will strictly comply
with all relevant laws and regulations. We have revised Olympus’ Corporate Conduct Charter to serve as the basis for making
appropriate decisions and taking responsible actions. All members of the management team and all employees of the Olympus Group
hereby pledge to act in accordance with the new Corporate Conduct Charter in their global corporate activities.
Olympus’ Corporate Conduct Charter
* Olympus Group Corporate Conduct Charter reflects the social responsibility principles required under the latest international guidelines, including ISO 26000, the 10 Principles of the
United Nations Global Compact, and the 2011 OECD Guidelines for Multinational Enterprises.
WEB Olympus Group Code of Conduct: http://www.olympus-global.com/en/csr/olycsr/socialin/principle/policy.jsp
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OLYMPUS Annual Report 2015
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Foundations Necessary for Growth