Approach to Sustainability

Basic Policy

We aim to contribute to a sustainable society and increase our corporate value by practicing our corporate philosophy, “Innovating value for humans and society on a brighter planet.”
In addition, we have defined a Management Approach comprised of five items—“strive for value,” “love the planet,” “contribute to society,” “respect the individual,” and “act with integrity.” Based on this, we have specified the basic conduct and behavior expected of all of our companies and employees in the Alps Alpine GROUP CODE OF CONDUCT and deployed them to Group bases across the globe. We also conduct training sessions regularly to increase awareness of these principles among our employees.

Key Elements of the Alps Alpine GROUP CODE OF CONDUCT

Strive for Value	New value creation Safety assurance and customer protection High-quality products and services Accurate and relevant information on products and services Good faith in inquiries and after-sales service Fast and appropriate response to incidents	Act with Integrity	No forced or child labor No inhumane treatment No discrimination Anti-corruption Fair competition No improper advantage No abuse of dominance Respect for intellectual property Information security Privacy respect and protection Timely and appropriate information disclosure Conformance with trade controls Proper accounting and payment of taxes No insider trading No conflict of interest Emergency response Freedom of Association and Collective bargaining Appropriate pay and working hours Occupational Health and Safety
Love the Planet	Contribution to decarbonization Contribution to circular economy realization Pollution prevention Biodiversity conservation
Contribute to Society	Community and regional contribution through business Coexistence with society and the local community Safe business activities
Respect the Individual	Mutual understanding Human resources development Independence of the individual

*The Alps Alpine GROUP CODE OF CONDUCT upholds international norms such as the United Nations’ Guiding Principles on Business and Human Rights and OECD Guidelines for Multinational Enterprises on Responsible Business Conduct.

Alps Alpine GROUP CODE OF CONDUCT

Initiatives in the Second Mid-term Business Plan

We view sustainability as a management issue and incorporate sustainability issues into our mid- to long-term plans.Our second mid-term business plan (FY 2022 to 2024) sets the realization of a decarbonized and circular economy, respect for human rights, diversity and inclusion, and supply chain management as key sustainability issues. In response to these and various other issues, we have set specific targets in our mid-term business plan for each functional headquarters, of which progress is reported quarterly to the Board of Directors. Furthermore, issues requiring management decisions are discussed at management meetings as needed.

Sustainability Topics on the Agenda at Fiscal 2022 Management Meetings

Promotion Structure

The Sustainability Promotion Committee was established as an organization to manage sustainability. Sustainability issues have been incorporated into the mid-term plan. Each functional headquarters addresses them while working groups are established within the Sustainability Promotion Committee to address priority issues or issues that need to be addressed by multiple headquarters. Committee meetings are held quarterly to check the progress of initiatives and to explore issues in depth. The committee reports regularly to the Board of Directors four times a year.

Themes of the Sustainability Promotion Committee

PDCA Cycle of Sustainability Activities

• Approach to Sustainability
• Materiality (Material Issues)
• Stakeholder Engagement & External Recognition