Our Approach to Sustainability and Related Policies

The purpose of this Human Rights Policy (this “Policy”) is to enshrine the Glory Group's (“GLORY” or “our”) global stance on ensuring responsible business practices in upholding human rights within all our operations based on our corporate philosophy, and to fulfill such responsibilities. GLORY respects human rights as a cornerstone of our business activities and maintains a zero-tolerance approach to human rights violations.

This Policy applies to all those working in, and with, GLORY. We also expect and continuously encourage all of our business partners, including suppliers and distributors, to understand and support the contents of this Policy, and continue to work to ensure that it is respected.

GLORY is committed to respecting human rights as set out in the UN Guiding Principles on Business and Human Rights and supports the UN International Bill of Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct.

 

Further, as a signatory to the UN Global Compact, GLORY supports the “Ten Principles of the UN Global Compact” and complies with the laws and regulations of each country and region in which we operate. In cases where the domestic laws and regulations differ from the international norms, GLORY pursues ways to respect internationally recognized human rights principles and standards.

The GLORY Legal Code of Conduct and related policies, which all GLORY officers, employees and business partners are required to follow, stipulate the protection of human rights, including prohibition of discrimination and harassment. Also, we provide avenues through which to raise any related concerns on human rights and protect whistleblowers against any disadvantageous treatment.

(1) Prohibition of discrimination

GLORY takes a zero-tolerance approach to any discrimination or acts that harm personal dignity based on one's national origin, race, ancestry, religion, beliefs, place of birth, age, sex, sexual orientation, gender identification, disabilities, marital status, social status, etc.

(2) Prohibition of forced or child labor

GLORY takes a zero-tolerance approach to any forced or child labor, including but not limited to slavery and human trafficking.

(3) Prohibition of harassment

GLORY does not tolerate any actions that cause physical or mental distress, including harassment in all its forms.

(4) Promotion of occupational safety and health

GLORY is committed to creating and maintaining a safe and healthy work environment and supporting our employees’ physical and mental health.

(5) Appropriate management of work hours and payment of wages

GLORY is committed to appropriately managing work hours and providing a minimum wage, in accordance with the laws and regulations of each country and region in which we operate.

(6) Respect for basic labor rights

GLORY respects basic labor rights in each country in which we operate, including the freedom of association and the right to organize and bargain collectively.

(7) Respect for privacy and protection of personal information

GLORY respects individual privacy and complies with the laws and regulations of each country in which we operate, including GDPR (EU General Data Protection Regulation), to manage personal information appropriately.

GLORY will carry out human rights due diligence on a continual basis in accordance with this Policy. We will assess the impact that our business activities have on human rights and will commit to preventing or mitigating any identified adverse impact.

If GLORY identifies that it has caused or contributed to adverse human rights impacts through our business activities or relationships including our supply chain, we will promptly investigate any alleged human rights violations and provide effective remediation through appropriate methods. Where GLORY has not caused or contributed to adverse human rights impacts, but our operations, products or services are directly linked to adverse human rights impacts through our value chain, we will use our leverage to ensure that business enterprises that have caused or contributed to such adverse impacts make efforts to remedy the situation.

GLORY is committed to continuous improvement of our efforts and initiatives based on this Policy through consultation and communication with related stakeholders.

GLORY makes an effort to ensure transparency and appropriately discloses our progress on respecting human rights and achievements based on this Policy through our website and reports such as an integrated report.

GLORY continuously provides education and training to its officers and employees as necessary to implement this Policy.

11. Governance

12. Policy Review

We will provide products and services in a timely manner to win the confidence and satisfaction of customers.

GLORY GREEN CHALLENGE: Leading the way for a prosperous Earth with dynamics and technology through cooperative efforts.

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.

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.

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.

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.

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.

Through fair transactions, we aim to establish relationships of trust with suppliers and contribute to our mutual advancement.

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.

We promote our responsible procurement activities with business partners throughout its supply chain.