ESG Initiatives at CITIZEN

Our corporate governance vision

CITIZEN operates under the corporate philosophy of “Loved by citizens, working for citizens.”
To realize this philosophy and in launching the Citizen Global Plan 2018, which is our medium-term management plan, we develop a new Citizen Group Code of Conduct in 2016, replacing our previous Code of Conduct. We developed this new code of conduct to respond to changes in economic and social situations and globalization.
The Citizen Group Code of Conduct sets out the rules and principles of behavior that employees should observe daily as a member of the CITIZEN Group.
We position the practice of this code of conduct as our CSR activities. We believe that these activities will also lead to ESG.

Citizen Group Code of Conduct

1.Act responsibly towards society and strive to raise the corporate value of the CITIZEN Group.

2.Create and promote products and services that demonstrate our commitment to safety, quality, and the environment.

3.Engage in business practices that are fair, transparent, open to competition, and responsible.

4.Respect human rights and diversity, and provide a safe and pleasant working environment.

5.Recognize the importance of environmental conservation, and take voluntary and proactive measures.

6.Manage and protect company assets in an appropriate manner.

7.Abstain from actions that would harm the company’s long-lasting values.

8.Strive to contribute to regional communities in which we operate.

Examples of ESG Initiatives at CITIZEN

        
Environment

1) Advancing responsible procurement

In April 2017, we published the Citizen Group CSR Procurement Guidelines. We ask those who accept these guidelines to submit a declaration.

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2) Manufacturing that is friendly to people and the environment

We have always tried to manufacture products with considerations for people and the environment. We are working on initiatives such as enhancing our lineup of environmentally friendly products, green procurement, and reduction of hazardous chemical substances.
Above all, our watches featuring Eco-Drive became the first watches to receive the Eco Mark product certification in 1996. They also won gold at the Eco Mark Award 2014. Our Eco-Drive watches have thus become eco-friendly products that symbolize CITIZEN.

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Social

1) Creating comfortable workplace environment

We respect diversity, strengthen human resource development, and work on other initiatives, aiming to be “a solid global company” as described in the slogan for the medium-term management plan.

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2) Social contribution activities

We will work on social contribution activities, including environmental activities, support for sports, and support for disaster reconstruction, in accordance with Article 8 of the Citizen Group Code of Conduct as the basic policy.

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Governance

1) Enhancing corporate governance

We pursue initiatives to enhance our corporate governance by recognizing the importance of ensuring management transparency and monitoring multi-faceted business activities.

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2) Formulation of the Citizen Group Code of Conduct

The Citizen Group Code of Conduct sets forth the fundamental principle on how we should act day to day as a member of the Citizen Group. For CITIZEN, CSR activities mean practicing this code of conduct.

3) Ensuring compliance

We promote initiatives for ensuring compliance as the foundation for business in a group-wide manner, based on activities for ensuring that the Citizen Group Code of Conduct is properly instilled.

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Management Policy
Message from President & CEO
Fundamental Management Policy / Mid-term Management Strategy
Business and Other Risks
Corporate Governance
ESG Initiatives at CITIZEN

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