Participation in External Initiatives

Kawasaki signed the United Nations Global Compact (UNGC) initiative proposed by the United Nations and was registered as a participating company in January, 2020. We have also joined the Global Compact Network Japan, the compact’s local network in Japan. The UNGC is a voluntary initiative for companies and organizations to act as good members of society and participate in creating a global framework for sustainable growth by taking responsible and creative leadership. In conducting their business operations, UNGC signatory companies and organizations are required to support the initiative’s ten principles in the four fields of human rights, labour, the environment, and anti-corruption.With our signing of the UNGC, we commit ourselves to promoting the ten principles in the four fields and continue our activities towards the realization of a sustainable society.

【The Ten Principles of the United Nations Global Compact】

Kawasaki signed the statement of support for the TCFD recommendations in September, 2019. TCFD (Task Force on Climate-related Financial Disclosures) is a task force established by the Financial Stability Board, an international organization that includes central banks and financial regulators in major countries. Institutional investors and financial institutions who are investing in ESG emphasize that it is critical for companies to be aware of the risks and opportunities of climate change and incorporate them into their management strategies. They propose approaches to the appropriate disclosure of information regarding the risks and opportunities of climate change, which companies voluntarily disclose. We will communicate more clearly the Company's efforts to realize a sustainable society to our stakeholders, and work to further enhance information disclosure.

Kawasaki has participated in the GX League, an initiative of the Ministry of Economy, Trade and Industry, since 2023. The GX League was established as a forum for companies that are taking on the challenges of a green transformation (GX) and seek sustainable growth in the current and future society with the aim of achieving carbon neutrality and social transformation by 2050. Participating companies can collaborate with other companies, government, educational institutions, and other organizations that conduct similar measures. Kawasaki’s initiatives, including building hydrogen supply chains for achieving a decarbonized society and creating zero-emissions plants by 2030 with a focus on hydrogen power generation, are in alignment with the direction sought by the GX League. Thus, we expressed our support for the GX League Basic Concept in April 2022 and joined the league in 2023.

Kawasaki expressed its support for the Keidanren Challenge Zero initiative in March 2021. Challenge Zero (Challenge Net Zero Carbon Innovation) is a new initiative of the Japan Business Federation (Keidanren) undertaken in collaboration with the Japanese government to strongly promote in Japan and overseas and support innovative action by companies and other organizations to achieve a decarbonized society, which is positioned as the long-term objective of the Paris Agreement, an international framework for addressing climate change. Kawasaki has listed two initiatives: realization of international liquefied hydrogen energy supply chain and development of hydrogen fueled power generation technologies.

In January 2021, Kawasaki signed the Neptune Declaration on Seafarer Wellbeing and Crew Change, which recognizes that we have a shared responsibility to ensure that the crew change crisis brought about by the COVID-19 pandemic is resolved as soon as possible. More than 300 companies involved in maritime value chains have signed the Declaration.

In July 2021, Kawasaki expressed its support for the My Declaration of Human Rights promoted by the Ministry of Justice. The Declaration is an initiative for working toward a society where the human rights of all people are respected through companies, organizations, and individuals declaring that they will act in ways that respect human rights. In accordance with the Kawasaki Group Policy on Human Rights, the Kawasaki Group is establishing internal systems and actively taking measures to address important human rights issues. Such measures include protecting diversity, equal opportunity, and occupational safety and health, approving freedom of association and the right to collective bargaining, and prohibiting forced labor, child labor, discrimination, and harassment.