Risk Management
Risk initiatives
In connection with crises that could cause significant losses to the Company’s management, for avoiding falling into a crisis situation, our company consider the optimal response method from various angles to avoid, reduce, and control potential crises, and works to introduce them while considering cost and effectiveness. Risks are categorized by the Company as follows.
| Risk type | Definition | Classifications |
|---|---|---|
| Social risks | Risks that are difficult to proactively prevent in the course of carrying out social activities | ① Natural disasters (such as earthquakes, typhoons, and tsunami) ② Terrorism, riots, wars, environmental destruction, epidemics, and more |
| Operational risks | Risks that arise in the course of carrying out business activities |
③ Safety accidents (such as fires, explosions, industrial accidents, and traffic accidents) |
| Human risks | Risks affecting the organization or people that arise in the course of acting collectively as a company | ⑪ Leaks of confidential information ⑫ Breaches of compliance requirements ⑬Threats, whistleblowing, sexual harassment, power harassment, and more |
Information security
The importance of information security is becoming increasingly greater with the development of remote work. We have been endeavoring to educate employees, develop the infrastructure, and otherwise strengthen security measures.Given that information concerning information security is changing on a daily basis, we strive to obtain the latest information and harness it for our own measures.
Business continuity plan (BCP)
As a comprehensive chemical products manufacturing and sales company, we supply a broad range of products both domestically and overseas.
Since chemical products are essential for societal activities, we feel immensely responsible for supplying them. In order to stably fulfill our social mission, we have formulated the Nippon Chemical Industrial business continuity plan (NBCP) as a business continuity plan. The policy is as follows:
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1 Endeavor to verify the safety of employees and their family members and ensure their safety.2Endeavor to safeguard the Company’s facilities and assets and quickly restore and normalize their functions.3Endeavor to continue producing and shipping products.4Fulfill our social responsibilities.5Endeavor to continuously improve systems.
Please contact us for inquiries about Sustainability