Respect for human rights is advocated for in the Paramount Bed Group code of corporate conduct, which sets out the code of conduct for each Group employee in realizing our management philosophy, and in this policy we are further clarifying the Group’s approach to respecting human rights.
1. Basic approach to human rights
We understand that the Group’s business may directly or indirectly have an impact on human rights. We respect human rights as stipulated in the International Bill of Human Rights and in the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work, and we work to both support and put into practice the United Nations Guiding Principles on Business and Human Rights.
The International Bill of Human Rights is the collective term for three documents: The Universal Declaration of Human Rights, The International Covenant on Civil and Political Rights, and The International Covenant on Economic, Social and Cultural Rights. The International Bill of Human Rights is considered the basic internationally recognized framework for ensuring human rights.
The Declaration on Fundamental Principles and Rights at Work proclaims freedom of association and the right to collective bargaining, elimination of forced labor, effective abolition of child labor, and elimination of discrimination in employment and occupation.
2. Scope of the Human Rights Policy
The Human Rights Policy applies to all board members, officers, and employees of the Group. We also ask our business partners for their understanding of and support for this policy, and encourage them to work with us to promote respect for human rights.
3. Initiatives to respect human rights
We respect the diversity, values, and work styles of each employee and of each individual we work with; do not tolerate any acts of discrimination based on race, ethnicity, religion, age, nationality, origin, gender, sexual orientation, gender identity, pregnancy status, marital status, academic background, political views, or health condition, etc.; and prohibit child labor, forced labor, and any and all types of bullying and harassment. In addition to promoting diversity and inclusion, we also strive to provide a safe and comfortable working environment that eliminates employee anxieties and worries and that allows each and every employee to play an active role.
4. Communication of and education about our Human Rights Policy
In order to increase awareness of respect for human rights amongst all Group employees and to reduce the risk of human rights violations, we work continuously on education and awareness-raising aimed at instilling and complying with our Human Rights Policy.
5. Human rights governance system
In cooperation with related departments, the Corporate Ethics Department implements and manages measures on respecting human rights. The results of these efforts are reported to the Board as appropriate.
6. Conducting human rights due diligence
Through dialogue with various stakeholders, we strive to understand, prevent, and reduce the negative impact of the Group’s business activities on human rights.
7. Correction and remedy
If negative impacts on human rights caused or abetted by our Group’s business become evident, we will endeavor to engage in dialogue with the relevant parties and, through appropriate procedures, take corrective and remedial measures.
If it becomes clear that our Group’s business, products, or services are directly linked to negative impacts on human rights through our business partners, we will urge those partners to correct the situation.
8. Dialogue and consultation with stakeholders
We recognize the importance of confirming and understanding the opinions of those affected by the Group’s business activities, and will respect human rights by engaging in sincere dialogue and consultation with stakeholders.
9. Information disclosure
We will appropriately disclose our efforts on respecting human rights through the media or our website.
