CSR in the OKI Group Full Compliance with Laws and Regulations
Ensuring Full Compliance
Revision of the OKI Group Code of Conduct
At the meeting of OKI's Board of Directors on December 28 of 2011, a revision of the OKI Group Code of Conduct was resolved. The purpose of the revision was to present a clearcut stance on corruption prevention (for which relevant laws have been reinforced on a global level ) and the elimination of antisocial groups as the OKI Group.
Major Changes in the Revised Code
- II Fair Corporate Activities
- 3．We will not give, offer or accept bribes, whether in cash or otherwise, to or from any third party, including but not restricted to government officials, customers or their representatives.
- 4．In case of donations and political contributions, we will first consider the necessity and appropriateness carefully, and then we will make only appropriate donations and political contributions in accordance with applicable laws and regulations and company rules.
- 10．We will resolutely confront antisocial groups and criminal organizations that pose a threat to the order and security of civil society and all contact with such entities is strictly forbidden.
Establishment of Compliance Systems
In fiscal 2004, OKI established the companywide "Compliance Committee" to deliberate on basic compliance-related policies as well as an organization dedicated to the promotion of compliance. Since then, the entire OKI group has worked to strengthen compliance under the leadership of Chief Compliance Officer. We have also established consultation and reporting channels and whistleblower regulations, which enable us to discover and rectify improper activities at an early stage.
We focus on the enhancement of training and the promotion of integrated, systematic, companywide risk management, believing these two are the twin pillars of the group's compliance promotion efforts. At the same time, Compliance Managers have been assigned to each business unit, and every group company has named a Compliance Officer in order to further promote each compliance-related measure.
Enhancement of Compliance Education
Case Examples of Compliance
In order to disseminate compliance-related measures across the group, the OKI Group gives training sessions for Compliance Managers at six sites in Japan. Participants in these sessions roll out the knowledge learned in their business units. The dissemination of such knowledge is checked through an e-learning program for all executive officers and employees of the group.
In October 2011, we published a booklet called "Case Examples of Compliance" that features possible compliance problems and actions to be taken in a Q&A style. Copies of the booklet have been distributed to all Compliance Managers. We have also encouraged participants in various training programs to effectively use the booklet by distributing copies thereof.
Participation rates in compliance education programs (for the OKI Group in Japan) in fiscal 2011
| Training sessions for Compliance Managers | 100% |
|---|---|
| e-learning program (about on-the-job compliance) | 98% |
