CSR in the OKI Group Full Compliance with Laws and Regulations
Steady Promotion of Risk Management
Enhancement of Risk Management Based on Risk Management Regulations
OKI established "Risk Management Regulations" in 2004 in order to prevent risks arising from its corporate activities and ensure that they are handled properly if any. We are currently enhancing our risk management activities on the basis of these regulations. The regulations identify potential risks and set basic rules concerning divisional responsibilities and countermeasures. They also stipulate detailed rules concerning the establishment of emergency communication systems and an emergency response headquarters in the event of a major risk.
System for Promoting Risk Management
Improvement of Measures to Deal with Compliance Risk
OKI has steadily promoted risk management based on its Risk Management Regulations and established a system to deal with any risk. As OKI regards compliance risks(*1) as the most important category thereof, each business unit of the company needs to register potential risks related to its operations with the Risk Management Promotion Office. We have also established a management cycle to develop measures against them and monitor the implementation thereof within the group on a regular basis.
In fiscal 2011, we extended this cycle from 6 months to one year for the purpose of improving managerial efficiency and the effectiveness of measures taken. In order to prevent this extended cycle from becoming a mere routine, we reinforced communication between applicable group companies, and adopted a more effective way for monitoring. Furthermore, we continued to reinforce risk management at overseas sites, and established a basic framework for promoting compliance at almost all sites.
- *1:A compliance risk
A risk associated with violation of laws, regulations and in-house rules
Emergency / Disaster Response
The OKI Group has established "Safety Countermeasures Committees" and emergency communication networks at its domestic and overseas sites as well as its group companies. In the event of a disaster, appropriate countermeasures are enacted to protect people's lives, prevent secondary accidents, contribute to local communities and foster good relationships with them, and ensure the continuity of business operations. As for the continuity of business operations, we set guidelines for formulating a BCP (Business Continuity Plan) in fiscal 2008.
In fiscal 2011, we redesigned the BCP for each business segment based on lessons and reflections from our responses to the Great East Japan Earthquake, planned blackouts, and nation-wide campaigns for saving energy. When floods hit the production site in Thailand in October, its employees worked hard to recover from the damage through close communication with related group companies, and strengthened measures against flooding. We will continue to make our utmost efforts to appropriately deal with any disasters such as an earthquake.
