Sustainability

Sustainability Management

Basic Philosophy

Under our corporate philosophy of "Building a more secure world through global collaboration and commitment to excellence", we aim to resolve social issues using the core technologies we have developed and advanced technologies designed to create new value, in our efforts to realize a sustainable society and increase our corporate value.

Sustainability Policy

Contribute to the sustainable growth of society and promote measures to improve corporate value

Sustainability Promotion Structure

The Group has in place the Sustainability Committee chaired by the President and composed of full-time directors, heads of domestic and overseas business units, and heads of headquarters. The committee meets twice a year and carry out the duties listed below based on the management policies formulated by the Board and regularly reports to the Board who supervises policy formulation, indicator setting, and initiative implementation.

(1) Deliberates on basic policies, plans, and internal promotion system for sustainability management
(2) Formulates medium-term and annual policies to promote sustainability initiatives
(3) Promotes initiatives based on the Company's sustainability policies and monitor its implementation
(4) Deliberates on whether to proceed with individual projects that fall under each activity group

The Sustainability Committee has five sub-committees: Environment, Human Resources, Social Contribution, Governance, and Value Creation. The sub-committees implement initiatives to address material issues identified, and are responsible for target and KPI settings, as well as deliberations and implementation of specific measures.

Sustainability Framework

Sustainability Education

Guidelines of GLORY handbook

Guidelines of GLORY handbook

The Glory Group has created the Guidelines of GLORY handbook, which illustrates the Group’s corporate philosophy and other guidelines and policies to be followed by its employees. The handbook is available in eight languages to promote common understanding across the Group. We also provide sustainability education for all employees through e-learning and promote awareness on the Group’s intranet.

United Nations Global Compact

United Nations Global Compact

Glory signed the United Nations Global Compact in March 2014. We believe that the ten principles of the four areas of human rights, labour, environment, and anti-corruption share common values with our Group’s Corporate Action Guidelines. By making various efforts based on these guidelines, the Glory Group will strive to realize its Corporate Philosophy while at the same time taking actions to address global challenges.

The Ten Principles of the United Nations Global Compact

Human rights Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Labour Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.
Environment Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Anticorruption Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
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