The Denka Group Human Rights Policy was approved by the Board of Directors and enacted on September 11, 2023.

This human rights policy applies to all Group executives and employees, and its business partners and suppliers are urged to support and respect it. Furthermore, we have sent a Self-Assessment Questionnaire (SAQ) to major suppliers regarding various risks, including human rights risks, asking for their response.

We will continue to promote awareness of and disseminate the Denka Group Human Rights Policy to all Group employees and work systematically together with expert third parties on human rights due diligence and redress mechanisms.

Denka Group Human Rights Policy

Denka aims to contribute to society by providing innovations and solutions under its Vison, consisting of Core value, Purpose and Mission, as the basis of business activities of all executives and employees of the Denka group. Denka understands that human rights are important matters in all our business activities. Denka has established this policy to fulfill its responsibility to respect human rights and to contribute to help to overcome human rights issues in accordance with the "Denka Group ESG Basic Policy" and the "Denka Group Ethics Policy” and will seek to take actions set forth below. This policy was adopted by the Board of Directors on September 11, 2023.

1. Scope

This policy applies to all executives and employees, including non-regular employees, of the Denka Group. Furthermore, Denka will make efforts to encourage all our business partners, including suppliers, to understand this policy.

2. Support for International Norms and Standards

Denka will respect international standards of human rights set forth in (i) the International Bill of Human Rights, consisting of Universal Declaration of Human Rights, International Covenant on Civil and Political Rights, International Covenant on Economic, Social and Cultural Rights, (ii) the International Labor Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work and the fundamental principles established therein regarding "Freedom of Association and the Right to Collective Bargaining", " Elimination of all forms of Forced or Compulsory Labor", "Effective Abolition of Child Labor", "Elimination of Discrimination in Respect of Employment and Occupation", and "Safe and Healthy Working Environment," and (iii) the OECD’s "Guidelines for Multinational Enterprises.”
Also, Denka will exert efforts to act in accordance with the United Nations Guiding Principles on Business and Human Rights and will support the Ten Principles of the United Nations Global Compact as a company that has signed the United Nations Global Compact. Denka will comply with the laws and regulations applicable in each country and region where we conduct business activities. However, should the laws and regulations of the country or region conflict with international human rights norms, Denka will exert efforts to pursue the methods that maximize respect for internationally recognized human rights principles.

3. Responsibility to Respect Human Rights

Denka will strive to avoid a situation where its corporate activities harm the human rights of any people related to our business activities, and if our business activities negatively impact their human rights, we will strive to take appropriate measures to remedy such negative impacts. Denka will not tolerate harassment and discrimination that hurt the dignity of individuals, and any form of child labor and forced labor. Denka will respect workers' freedom of association and the right to collective bargaining and strive to create a safe and healthy working environment where fair wages are guaranteed. In addition, Denka will strive to provide our customers with safe products and services and to disclose appropriate information.

4. Governance

We will clarify a person who is responsible for overseeing compliance with this policy and efforts based on this policy.

5. Human Rights Due Diligence

Denka will seek to conduct human rights due diligence to identify and assess potential or actual human rights impacts by its business activities, and to take measures to prevent or mitigate risks to human rights.

6. Remedial Measures

If it becomes clear that Denka has caused adverse human rights impact, we will make efforts to correct and remedy such impacts through appropriate measures. Regarding negative impacts on human rights that are directly linked to Denka’s business through business relationships, Denka will also make efforts to find a solution to human rights issues in supply chain by encouraging our business partners to make efforts to correct and remedy such negative impacts.

7. Stakeholder Engagement

Regarding measures to address potential and actual adverse human rights impacts, Denka will exert efforts to take such measures through continuous consultation and engagement with relevant internal and external stakeholders.

8. Grievance Mechanism

Denka will strive to take measures to improve the effectiveness of the correction and remedy of any concerns about human rights by setting a system to report any concerns about human rights for all executives and employees of the Denka Group, all business partners including suppliers and other stakeholders.

9. Education and Training

For the effective implementation of this policy, Denka will offer training to all officers and employees of the Denka Group, including non-regular employees, to enhance their understandings as to respect for human rights.

September 11, 2023
Toshio Imai
President and CEO
Denka Company Ltd.

We have been encouraging the “maintenance of favorable human relationships” in line with the Denka Group Ethics Policy. Accordingly, all Denka Group officers and employees are called upon to respect individual human rights. The "Standards of Business Conduct" states the importance for officers and employees of the Denka Group to maintain high ethical standards and act as good corporate citizens in all the countries and regions in which the Denka Group operates, while recognizing that laws, customs, traditions, and culture vary by country and region. It further states the importance of ensuring that all officers and employees of the Denka Group are treated fairly and without discrimination in all aspects of their employment, including job assignments, promotions, transfers, and training opportunities, in accordance with the abilities and aptitudes required for the job and applicable laws and regulations, regardless of ethnicity, race, gender, religion, nationality, age, physical disability, or gender identity. Moreover, the Standards of Business Conduct provide clear and detailed guidelines regarding what practices must be observed and what constitutes prohibited action with the aim of living up to our commitment to complying with labor laws, ensuring equal employment and career opportunities without discrimination, and preventing workplace harassment. In particular, these standards feature case studies of actual workplace incidents involving power harassment and sexual harassment to be dealt with in a way conformant to guidelines issued by the Ministry of Health, Labour and Welfare. Thus, these standards include elaborative provisions designed to prevent harassment incidents from occurring within the Denka Group. Denka also signed the United Nations Global Compact in June 2023. Denka supports the 10 principles established by the initiative, respects other international human rights standards, and contributes to human rights issues through its business activities.