Corporate Social Responsibility

As expectations grow for companies to fulfill their corporate social responsibilities (CSR), it has become a crucial management issue to maintain fairness and transparency in business activities. In addition, the effects of global environmental problems become more and more keenly felt, year after year. An effective response to the global environmental crisis will require concerted action among societies, businesses, and individuals.

Since our foundation, we have based our management policy on Rongo to Soroban ("The Analects and the Abacus") by Eiichi Shibusawa, who was appointed our senior advisor in 1887. Shibusawa taught that a company should earn fair returns and contribute to society based on a strict code of business ethics. Today, we remain committed to the concept that corporate social responsibility (CSR) means incorporating social and environmental awareness into all our operations.

By managing our business responsibly, we are making continuous contributions to the sustainable development of society and acting as a good corporate citizen. Our CSR activities are based on the following three pillars:

• Fairness and transparency in business
• The creation of value that surpasses expectations
• Coexistence with society

Fairness and Transparency in Business

As part of our efforts to contribute to a sustainable society, we will base our business activities on a strong sense of corporate ethics. In new business domains as well as existing ones, our goals will be to enhance our risk management rules and systems in accordance with social requirements, prevent problems before they occur, and reduce risks. This approach will promote sounder management systems. In addition to existing initiatives that ensure the propriety of all business transactions, full compliance with antitrust laws, and zero tolerance for socially detrimental activities, we will pursue other group-wide initiatives (including anti-corruption measures) based on a global perspective.

The Creation of Value That Surpasses Expectations

Based on a firm conviction that the construction industry’s mission is to meet the diverse needs of customers and society and to provide value that surpasses expectations, we seek to improve our production process based on the Life Cycle Valuation (LCV) concept. We are also moving forward with environmental efforts in which all employees across all our business domains take part, including our company-wide Ecological Mission to help fight global warming, the Shimizu Carbon Management plan, which serves as a roadmap for reducing carbon-dioxide emissions, and the Shimizu Biodiversity Action Plan in the area of biodiversity.

Coexistence with Society

Traditionally, we have established close ties to local communities through our construction activities. Valuing communication, we continue to pursue business continuity planning (BCP) and other activities that contribute to society, activities in which the head office, branch offices, sales offices, and numerous construction sites all play vital roles. As part of efforts to maintain workplaces in which our human resources can learn to do outstanding, highly motivated work, we will continue to implement accident prevention measures and companywide safety initiatives to eliminate all workplace accidents.