CSR

CSR Policy

We,Toyoda Iron Works Co., Ltd. and our subsidiaries, take initiative to contribute to sustainable social development through all business activities that we carry out in each country and region, based on our Guiding Principles. We comply with local and international laws and regulations as well as the spirit thereof and we conduct our business operations with cordial attitude.
In order to contribute to sustainable development, we believe that management interacting with its stakeholders as described below is of considerable importance, and we will endeavor to share sound relationships with our stakeholders through open and fair communication. We share this policy with our business partners and expect them to act in accordance with it.

Customers

  • Based on our philosophy of "Customer First", we develop and provide innovative and outstanding high quality products and services that meet a wide variety of customers' demands.

  • We will endeavor to protect and administrate any customer and business related information under strict control, in accordance with the letter and spirit of each country's privacy laws.

Employees

  • We respect our employees and believe that developing characteristic of each individual, enhancing his/her performance and exercising good teamwork leads the success of our business. We stimulate personal growth for our employees.

  • We support equal employment opportunities, diversity and inclusion for our employees and do not discriminate against them.

  • We strive to provide fair working conditions and to maintain a safe and healthy working environment for all our employees.

  • We respect and honor the human rights of people involved in our business and, in particular, do not use or tolerate any form of forced or child labor.

  • We endorse the international norms such as the Universal Declaration on Human Rights and the UN Guiding Principles on Business and Human Rights, and promote respect human rights based on these principles.

  • We strive to create a mechanism and implement on going human rights due diligence in order to fulfill our responsibilities for respecting human rights.

  • Through sincere two way communication with our employees, we share the value "Mutual Trust and Mutual Responsibility" and work together for the success of our employees and the company. We recognize our employees' right to freely associate, or not to associate, complying with the laws of the countries in which we operate.

  • Management of each company takes leadership in fostering a corporate culture, and implementing policies, that promote ethical behavior.

Business Partners

  • Through our philosophy of “Open and Fair Business Practice” with our business partners, we work with them with respect to realize mutual growth based on mutual trust.

  • We maintain fair and free competition in accordance with the letter and spirit of each country's competition laws.

Shareholders

  • We strive to enhance corporate value while achieving a stable and long-term growth for the benefit of our shareholders.

  • We provide our shareholders with timely and fair disclosure on our operating results and financial condition.

Global Society/Local Communities

Environment

  • Based on the Toyotetsu Group Global Environmental Charter, we will strive to protect the environment through all of our business activities, and work to develop and disseminate technologies that harmonize the environment and the economy. At the same time, we aim to be carbon-neutral and collaborate with a wide range of people in society, aiming for growth that is in harmony with the environment, such as the prevention of global warming and the conservation of biodiversity.

Community

  • We implement our philosophy of "Respect for People" by complying with laws and social norms of each country, and by honoring the culture and customs of each region.

  • We constantly search for safer, cleaner and superior technology that satisfy the evolving needs of society for sustainable mobility.

  • We comply with all laws and regulations related to prevention of bribery, maintain honest and fair relationships with government agencies and public authorities.

Social Contribution

  • Wherever we do business, we actively promote and engage, both individually and with partners, in social contribution activities that help strengthen communities and contribute to the enrichment of society.

Toyoda Iron Works Co., Ltd. President Jiro Iwase

March 2022
Toyoda Iron Works Co., Ltd. President

Jiro Iwase