Under our corporate philosophy of contributing to the development of a more secure society through a striving spirit and cooperative efforts, the Glory Group participates in realizing a sustainable society by addressing social issues and creating new value through advanced technologies and the core technologies developed.
In the 2023 Medium-Term Management Plan covering the fiscal 2021 to fiscal 2023, the Glory Group has set forth its Sustainability Policy and are working to contribute to the sustainable growth of society and enhance corporate value by solving various social issues through its business.
Contribute to the sustainable growth of society and promote measures to improve corporate value
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.
|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.|
The SDGs, adopted by the United Nations in 2015, represent worldwide goals for 2030 related to social issues such as poverty, employment, and environmental protection. Glory is striving to address such global challenges and contributes to the realization of a sustainable society by achieving SDGs through its business operations.
We will provide products and services in a timely manner to win the confidence and satisfaction of customers.
Three Priority Guidelines
1. By sensing advanced market needs, develop products that are attractive to customers.
To achieve the above, our company will satisfy the requirements of laws and regulations and customers’ requirements, and continually improve the effectiveness of the quality management system.
GLORY GREEN CHALLENGE: Leading the way for a prosperous Earth with dynamics and technology through cooperative efforts.
GLORY's environmental vision is captured in the slogan we adopted in 2010. In fiscal2021, we established the "2023 Medium-Term Environmental Plan" as our three-year plan based upon our vision, and are working toward these targets.
We will act in earth-friendly ways and endeavor to provide environmentally-conscious products with services that contribute to a sustainable society.
In order to achieve this policy, we will set and work toward environmental targets and will strive to effect continuous improvements.
We view our business partners as key partners and seek to establish a relationship of trust and mutual growth through fair and open trading as well as compliance with all laws and ordinances.
1. Strict compliance with legal and social norms
In addition to strict compliance with applicable laws, we respect the ethical norms of society and promote transparency, fairness, and equitability in our purchasing activities.
2. Environmental preservation
Based on Glory's Environmental Policy, "We will act in earth-friendly ways and endeavor to provide environmentally-conscious products with services that contribute to a sustainable society." We are committed to environmental preservation initiatives, and we have established Green Procurement Standards covering the purchasing and procurement of materials.
3. Fairness and impartiality in transactions
Glory provides opportunities on an impartial basis to all suppliers who comply with our selection guidelines, regardless of whether or not they are based in Japan and without regard to prior transaction history. We endeavor to find the best suppliers for our company by maintaining free competition and ensuring fair evaluation and selection.
4. Maintenance of quality and competitive and reasonable pricing
Our Quality Policy is "We will provide products and services in a timely manner to win the confidence and satisfaction of customers." We focus on quality, price, delivery schedules, and technology development, and we make active use of proposals from our suppliers regarding new materials and ways to lower costs.
5. Mutual advancement based on relationships of trust
Through fair transactions, we aim to establish relationships of trust with suppliers and contribute to our mutual advancement.
6. Management and protection of information
Confidential business and technical information acquired by Glory in the course of purchasing transactions is managed strictly and never divulged to outside parties without the consent of the supplier concerned.
7. Promotion of responsible procurement
We promote our responsible procurement activities with business partners throughout its supply chain.