For Immediate Release
Company name: DAIICHI SANKYO COMPANY, LIMITED
Representative: Joji Nakayama, President and Representative Director
(Code no.: 4568, First Section, Tokyo, Osaka and Nagoya Stock Exchanges)
Please address inquiries to Noriaki Ishida, General Manager,
Corporate Communications Department
Daiichi Sankyo Announces Participation in United Nations Global Compact
Tokyo, Japan (April 18, 2012) - Daiichi Sankyo Company, Limited (hereafter, Daiichi Sankyo) today announced its participation in the United Nations Global Compact*, a strategic policy initiative for businesses which outlines 10 principles in the areas of human rights, labor, the environment, and anti-corruption.
The participation of Daiichi Sankyo in the United Nations Global Compact will be a way for the company to clarify its corporate stance with regard to the 10 principles outlined within the Compact. Against the backdrop of increasing effects on the environment and society caused by the globalization of corporate activities, social responsibility awareness and action is more important to global companies than ever before. Daiichi Sankyo believes the quality of our products and services is important in order to respond to environmental and social needs, but even more important is improving the quality of our workforce, management, and corporate governance.
The corporate mission of the Daiichi Sankyo Group is to “contribute to the enrichment of quality of life around the world through the creation and provision of innovative pharmaceuticals, and through the provision of pharmaceuticals addressing diverse medical needs.” In order to ensure highly ethical and socially responsible corporate behavior befitting a healthcare company, we have announced our Daiichi Sankyo Group Corporate Conduct Charter, consisting of 10 vitally important articles to ensure “corporate quality”. In addition to these articles, the 10 principles of the UN Global Compact will be integrated into the conduct of each employee as the Group’s corporate conduct charter, which forms the core of our corporate social responsibility, is put into practice.
The Daiichi Sankyo Group intends to fulfill its corporate social responsibility by actively responding to an ever-changing society and enacting improvements for increased corporate value.
*The United Nations Global Compact is an effort conceived at the World Economic Forum in Davos, Switzerland in 1999 which then UN Secretary General Kofi Annan called upon global business leaders to voluntarily take part in building a global framework. The Compact is designed to ensure companies act as upstanding members of society to realize sustainable growth.
The 10 principles of the United Nations Global Compact
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labor;
Principle 5: the effective abolition of child labor; and
Principle 6: the elimination of discrimination in respect of employment and occupation.
Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.