CSR at Toyota Boshoku
We aim to be “a trusted company that grows together with all stakeholders” through implementation of our corporate philosophy.
Based on the Principles of Toyoda, which encapsulate the ideas of founder Sakichi Toyoda, the Toyota Boshoku group formulated our corporate philosophy for maintaining the trust of all stakeholders and is steadily implementing the ideas of the philosophy in our business activities. We aim to enhance economic value by pursuing sustainable growth, and will return the benefits we gain to our stakeholders. At the same time, we seek to enhance our corporate value on a mid-to-long term basis, meet the expectations of our stakeholders and contribute to the advancement of global society and local communities through investment in sustainable growth.
The Toyota Boshoku group’s CSR activities are implemented throughout the course of daily operations based on our corporate philosophy. Each company member is aware of this philosophy in everything he or she does and this serves not only to drive growth for the entire group but also advance the personal development of the individual.
We also formulated and are sharing the TB Way and the Toyota Boshoku group Code of Conduct as common values and behaviour globally in order to ensure the proper implementation of our corporate philosophy.
The Toyota Boshoku group has promoted CSR activities since April 2016, led by the Corporate Planning Division with company-wide oversight. Efforts revolve around advancing business and our CSR activities as a unified concept with the aim of ensuring a responsible management style focused on the environment, society and governance.
The CSV Promotion Meeting (chaired by the President, Unit Chief of the Corporate Operation Unit) deliberates on the issues at hand, formulates objectives and follows up on activities.
KPIs are set for each initiative that implements the corporate philosophy in order to objectively evaluate our contribution to society, and a plan-do-check-act (PDCA) cycle is set in motion to ensure the most effective CSR activities.
In addition, stakeholder KPI are set as the KPI tree of management structure in order to objectively measure contribution and return to stakeholders. And functional departments and other relevant departments join forces to promote daily activities as part of the entire group’s contribution to social value.