Basic Policy on Compliance
The Company's policy on compliance is "to act in good faith in response to the confidence which societies around the world place in Ube Group companies, by ensuring that its business activities comply with all government laws and regulations, in-house rules, international rules and other social norms." As such, the Basic Policy on Compliance will serve as the standard for compliance for Ube Group activities. The management and staff shall be made thoroughly aware and familiar with the basic policy.
1. Establishment of the Personal Action Guidelines
The Personal Action Guidelines were established in 1998. The Guidelines are intended to ensure that the management and staff of all companies in the Ube Group comply with all domestic and overseas regulations, in-house rules and standard social norms and conduct themselves in a socially responsible manner in all their business activities. In 2003, the Personal Action Guidelines were strengthened to emphasize corporate ethics. In 2004, the Guidelines were revised again to take into account Corporate Social Responsibility (CSR) issues.
2. Establishment of Compliance Officer Position and Compliance Committee
The position of Compliance Officer and the Compliance Committee were established as part of an organization to provide centralized oversight to ensure the maintenance and improvement of compliance throughout the Ube Group. The committee and officers are responsible for planning and implementing compliance policies, and provide the necessary education and guidance.
3. Ube C-Line Message Center
The Company introduced the "Ube C-Line," a message center that enables employees to report any compliance violations directly without following formal reporting channels.
