UN Global Compact Initiatives

Participation in the Global Compact

The Cosmo Energy Group has been committed to the United Nations Global Compact since 2006, supporting ten principles in the areas of human rights, labor standards, the environment and anti-corruption. The Group’s embrace of the Global Compact shows that it is committed to sustainability management from an international perspective and that it is striving to improve its initiatives for social responsibility.

THE GLOBAL COMPACT

Overview of the Global Compact

Seeking to promote global sustainability, the Global Compact consists of ten principles endorsed by the United Nations. Companies are encouraged to practice these principles in order to help solve the various issues facing the international community, including poverty, human rights, and environment conservation. UN Secretary-General Kofi Annan proposed the initiative at the World Economic Forum in January 1999, and it was launched in July 2000.

  • The Global Compact is proposed by UN Secretary-General Kofi Annan at the World Economic Forum held in Davos, Switzerland, in January 1999, and is officially launched at the UN Headquarters in New York in July 2000.
  • The principles are put together by the United Nations for companies to follow in order to help realize a sustainable society and solve various problems facing the international community, including poverty, human rights, and environment conservation.
  • This marks the first time the United Nations directly appeals to global corporations, while recognizing them as important members of the international community.

Ten Principles Based on Four International Declarations

Four Declarations


Human Rights: Universal Declaration of Human Rights

Labor: ILO Declaration on Fundamental Principles and Rights at Work

Environment: Rio Declaration on Environment and Development

Anti-Corruption: United Nations Convention against Corruption


Ten Principles of the UN Global Compact

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.

Principle 2: Businesses should 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: Businesses should uphold the elimination of all forms of forced and compulsory labour.

Principle 5: Businesses should uphold the effective abolition of child labour.

Principle 6: Businesses should uphold the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges.

Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility.

Principle 9: Businesses should encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

The Ten Principles and the Cosmo Energy Group’s Initiatives

Human Rights

Human Rights Ten Principles of the UN Global Compact Cosmo Energy Group Code of Conduct

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.

Principle 2: Businesses should  make sure that they are not complicit in human rights abuses.

Chapter 3
We value people

  • Respecting diversity and each individual
  • Working to create bright workplaces where employees can work comfortably
  • Fostering strong human resources

Cosmo Energy Group Initiatives

  • We respect the principles of the Universal Declaration of Human Rights.
  • As part of our human rights due diligence efforts, we work to identify potential negative impacts of our activities on human rights and establish processes to eliminate and mitigate these human rights risks.
  • We conduct consistent human rights awareness training at the parent and affiliated companies.
  • We strive to protect the rights of both employees and the residents of the communities in which we operate.
  • We respect cultural differences as well as the dignity and rights of individuals in every country in which we operate, and promote our business with integrity.

Relevant web pages

Sustainability at the Cosmo Energy Group
Cosmo Energy Group Code of Conduct (Chapter 3)
Cosmo Energy Group Code of Conduct (Chapter 6)
Corporate Ethics Implementation Structure
Pursuing Stronger Compliance
Basic Approach to Human Rights
Human Resource Development and Compensation System
Diversity Initiatives
Engaging with the International Community

Labor

Labor standards Ten Principles of the UN Global Compact Cosmo Energy Group Code of Conduct

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.

Principle 4: Businesses should uphold the elimination of all forms of forced and compulsory labour.

Principle 5: Businesses should uphold the effective abolition of child labour.

Principle 6: Businesses should uphold the elimination of discrimination in respect of employment and occupation.

Chapter 3

We value people

• Respecting diversity and each individual

• Working to create bright workplaces where employees can work comfortably

• Fostering strong human resources

Cosmo Energy Group Initiatives

  • Before any significant changes are made to working conditions, labor and management engage in consultation (as specified in relevant collective agreements).
  • We respect the right of workers to organize and bargain collectively.
  • We do not force employees to work against their will.
  • We strive to improve the working environment and motivation of employees.
  • We do not use child labor.
  • We respect the diversity of our employees and strive for equal treatment and opportunities.
  • We respect the human rights of our employees and do not discriminate based on birthplace, nationality, race, creed, religion, gender, age, or disability, etc.
  • We promote fair and impartial recruitment, respect the fundamental human rights of applicants, and conduct fair and impartial recruitment based on applicants’ aptitude and ability.
  • We promote initiatives to thoroughly eliminate discrimination and improve employee awareness.

Relevant Web Page

Sustainability at the Cosmo Energy Group
Cosmo Energy Group Code of Conduct (Chapter 3) 
Corporate Ethics Implementation Structure
Pursuing Stronger Compliance
Basic Approach to Human Right
Human Resource Development and Compensation System
Diversity Initiatives
Creating Supportive Workplaces
Occupational Health and Safety
Resolving Issues via Labor-Management Cooperation

Environment

Environment Ten Principles of the UN Global Compact Cosmo Energy Group Code of Conduct

Principle 7: Businesses should support a precautionary approach to environmental challenges. 

Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility.

Principle 9: Businesses should encourage the development and diffusion of environmentally friendly technologies.

Chapter 4

We take care of the global environment

  • Doing what we should to preserve the global environment
  • Taking action for the future of the global environment

Cosmo Energy Group Initiatives

  • When planning new businesses, the development and provision of products and services, installations of large facilities, and large-scale construction projects, we consider their environmental impact and adopt preventive measures as needed. 
  • In order to prevent environmental pollution associated with business activities, we work to reduce our environmental impact, while also recycling resources, and reducing GHG emissions at all of our manufacturing, logistics, and sales sites.
  • We also make efforts to ensure thorough environmental management using various tools such as the ISO 14001 standard.
  • We prioritize climate change as one of our most important issues and proactively work on environmental conservation. In every process of our business activities, we strive to conserve resources and energy, and reduce pollutant emissions to minimize our environmental impact. We actively work to reduce and recycle waste and thereby help build a circular economy. We proactively support nature conservation activities in Japan and abroad.
  • We actively develop products with a smaller environmental impact, along with technologies for new energy businesses.
  • We proactively transfer our environmental technologies worldwide.
  • In addition to continually bringing trainees from Asia and the Middle East to our refineries in Japan, we also visit refineries overseas to provide guidance concerning energy conservation and environmental technologies.

Relevant Web Pages

Sustainability at the Cosmo Energy Group
Cosmo Energy Group Code of Conduct (Chapter 4)
Environmental Management
Initiatives to Address Climate Change
Environmental Impact of Business Activities
Initiatives for Reducing Environmental Impact
Resource Recycling Initiatives
Environmentally Sustainable Petroleum Products
Biodiversity Initiatives
Environmental Measures and Conservation Outside Japan
Activities for Contributing to Local Communities

Anti-Corruption

Anti-Corruption Ten Principles of the UN Global Compact Cosmo Energy Group Code of Conduct

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Chapter 6

We strive to maintain our position as an honest corporate group

  • Engaging in sensible activities as members of society
  • Managing and using company property properly
  • Conducting honest transactions
  • Handling information properly

Cosmo Energy Group Initiatives

  • As part of anti-corruption measures, such as prohibiting the provision of entertainment and gifts to public officials and equivalent individuals, the Group provides corporate ethics training to employees and distributes compliance information by email to thoroughly prevent any bribery-related activities.
  • Along with the prevention of bribery-related activities based on Cosmo Energy Group regulations and management guidelines regarding entertainment and gifts (issued June 30, 2016), the Group has also established approval rules and maintains records to prevent such activities. These also apply to activities that may raise public suspicion or result in deterioration of business performance. Appropriate measures must also be taken to ensure anti-corruption compliance by intermediaries, such as partner companies and agents.

Relevant Web Pages

Sustainability at the Cosmo Energy Group
Cosmo Energy Group Code of Conduct (Chapter 6)
Pursuing Stronger Compliance