Governance and risk management
Corporate governance
Governance promotion system
TOREI has built a governance system to maintain a sound corporate structure. Regarding accounting, in addition to accounting audits by an external auditing firm, we also conduct internal audits by the Internal Control and Audit Department. In addition, departments belonging to management support organizations and functional organizations regularly conduct operational audits to understand the current situation and continuously improve business conditions in fields other than accounting.
Compliance promotion system
We believe that compliance is one of the most important issues for corporate management and the foundation of all corporate activities. In addition to complying with laws and regulations, we have established a system to ensure compliance so that we can continue to be a company that is trusted by society. When a compliance violation occurs within the company, we share the incident with employees as necessary, disclose the response to the incident, and work to prevent recurrence.
In February 2022, we issued the TOREI Group Code of Conduct and distributed it to TOREI Group employees. Here, we describe in an easy-to-understand manner the values that the TOREI Group values and the actions required of our employees.
Report/consultation desk
As a whistle-blowing system, we have set up a point of contact for employees to report and consult on compliance-related matters (violations of laws and regulations, code of conduct, etc.), and have made it known to all employees. In addition to the in-house department responsible for compliance, we have also secured a direct reporting route to an external lawyer. In 2021, we will open “Workplace Hot Telephone”. This is operated by a third-party organization so that no report is made to the company without the consent of the person who consulted, and it is a system that employees can easily use.
risk management
BCP
We have formulated a BCP (Business Continuity Plan) for situations that are expected to have a significant impact on our business activities.
the purpose
- ▶︎ Early recovery of business activities and reduction of negative impacts on society and economy by striving for disaster prevention in advance
- ▶︎ Continuing business and protecting the employment of employees based on the principle of ensuring safety and protecting human life
- ▶︎ Fulfilling our social responsibility as a supplier of daily necessities
effort
- 1. Internal regulations regarding crisis management
In 2020, the above regulations were established. Assuming various crises such as "natural disasters", "international and political issues", "compliance violations and scandals", we have established basic policies, priority of crisis management, crisis management implementation system (Crisis Response Headquarters), We are considering a smooth response when unexpected situations occur, such as establishing an alternative crisis response headquarters in the event that the head office malfunctions. - 2. Review of BCP
Based on the formulated BCP, training participants confirm "each role division", "whether they can act voluntarily", and "excesses and deficiencies in the current BCP", and use it to review the BCP. - 3. Emergency supplies
Based on the lessons learned from the Great East Japan Earthquake that occurred on March 11, 2011, all business sites have stockpiled emergency supplies. Food and drinking water are basically three days' worth, and each business site selects the necessary items and stores and manages them at designated evacuation sites within the business site. Through evacuation drills, etc., employees are made aware of where emergency stockpiles are stored so that they can be used in the event of an emergency.