Sustainability - Governance
Compliance
Compliance
Our group has established the "Iida Group Code of Conduct" to ensure thorough compliance with laws and regulations and corporate ethics, and has also established the "Compliance Regulations" to clarify our stance.
Our group has created a "Compliance Manual" as a specific guide for realizing business operations in accordance with the "Iida Group Code of Conduct" and has distributed it to all executives and employees of our group. Additionally, as part of our compliance education, we are producing and distributing a compliance training DVD to all employees of our group, and using e-learning to repeatedly understand and disseminate the training content.
Additionally, in order to more reliably practice compliance management, we have established a Compliance Subcommittee, which examines the compliance status of the entire group, and works to enhance and ensure compliance through the planning, drafting, and implementation of compliance programs.
Whistleblowing system
Our group has established a whistle-blowing system as a reporting system for violations of laws and regulations and other compliance issues, and has set up reporting desks both inside and outside the company, and operates the system in accordance with whistle-blowing regulations.
Cutting off relationships with anti-social forces
The Group takes a resolute stance and does not conduct any transactions with anti-social forces, organizations, or individuals that threaten the order and safety of civil society. In addition, in response to unreasonable demands made by anti-social forces, we will cooperate with outside specialized organizations such as the police and lawyers, and take legal action from both civil and criminal angles as necessary.
Anti-Bribery Policy
The Iida Group regards compliance as one of its most important priorities, and in addition to complying with laws, regulations and social norms, we prohibit all forms of corruption and bribery and aim to conduct fair and transparent corporate activities in accordance with corporate ethics.
1. Establishment of the system
We will establish a system to prevent acts of bribery.
The Risk Management Committee and Compliance Subcommittee will play a central role in establishing a system to prevent acts of bribery within the Group and implement risk management.
We will also set up an internal reporting system that allows for anonymous consultation in an effort to prevent all forms of corruption.
2. Prohibition of bribery
Our Group will not engage in the following acts:
- Illegal monetary or in-kind gifts or entertainment for the purpose of selecting a business partner, etc.
- Demanding kickbacks or other benefits by taking advantage of one's position
- Giving gifts or entertainment that go beyond common sense to people with whom you do not have direct business
- Socially and ethically unacceptable conduct
- Any acts suspected of violating bribery-related laws
3. Proper accounting and records
Directors and employees will prepare accounting documents and other records accurately and based on the facts under an appropriate internal control system, and will properly process accounts. In addition, they will properly store accounting documents and related materials for a certain period of time.
4. Compliance with laws and regulations
All officers and employees will comply with all applicable domestic and international anti-bribery laws and regulations.
5. It is known to all
We will thoroughly inform our executives and employees of this approach to preventing bribery, and will also provide training to prevent the risk of bribery from occurring.
6. Procedures in case of violation
Anyone who commits prohibited acts will be severely punished in accordance with the company regulations.
