The Story of Sakichi Toyoda
Sakichi Toyoda, the founder of Toyota Industries Corporation, possessed a strong ambition to contribute to society from his days as a youth. He had devoted his 63-year-long life to invention.
Established in March 2009
Revised in September 2021
We, Toyota Industries Corporation and our subsidiaries, contribute to the harmonious and sustainable development of society and the earth through all corporate activities that we carry out in each country and region based on the Toyoda Precepts (Corporate Creed) and our Basic Philosophy.
In order to contribute to sustainable development, we believe that management interacting with its stakeholders is of considerable importance, and we endeavor to build and maintain sound relationships with our stakeholders through open and fair communication.
We expect our business partners to support this policy and act in accordance with it.
[Compliance]
[Respect for Human Rights]
[Risk Management]
[Role of Top Management]
Akira Onishi
President
TOYOTA INDUSTRIES CORPORATION
Click here for PDF file of Toyota Industries Group Sustainability Policy PDF [431.3 KB/ 2 pages]
We, Toyota Industries Corporation and our subsidiaries, have constantly endeavored to make the earth a better place to live in and enrich society based on the Toyoda Precepts (Corporate Creed) and our Basic Philosophy since its founding.
We recognize that it is essential to respect the human rights of all people and comply with laws and regulations to continuously contribute to the harmonious and sustainable development of society and the earth through all corporate activities.
This policy ensures that we respect internationally recognized human rights based on the United Nations Guiding Principles on Business and Human Rights.
Toyota Industries Group regards this as its highest policy related to human rights.
We recognize that our corporate activities ranging from research, development, and procurement to the provision of products and services, may directly or indirectly affect human rights.
We respect internationally recognized human rights, including prohibition of forced labour and child labour, right to freely associate or not associate, and elimination of discrimination, expressed in the International Bill of Human Rights and the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work. We also support the United Nations Guiding Principles on Business and Human Rights and strive to put them into practice.
We comply with laws and regulations of each country and region where we conduct business. We seek ways to respect internationally recognized human rights to the extent possible when laws and regulations of each country or region differ from internationally recognized human rights.
This policy applies to all executives and employees of the Toyota Industries Group. We also expect all our business partners, including suppliers, to understand and support this policy.
We establish and continuously implement a human rights due-diligence process to identify, prevent, mitigate negative impacts on human rights related to our corporate activities and account for how we address them based on the United Nations Guiding Principles on Business and Human Rights.
We endeavor to correct and remedy any negative impact on human rights through appropriate means where we identify that we have caused or have been involved in such case. We also establish consultation service for individuals and communities who may have been adversely impacted.
We conduct appropriate education and awareness raising activities to our executives and employees and strive to prevent negative impacts on human rights through the dissemination of this policy. We also reflect this policy in related policies and necessary procedures to embed it throughout our corporate activities.
We continuously monitor the status of compliance with this policy and make improvements as necessary. We also periodically disclose the status of initiatives related to human rights through our website, integrated report, and other communication tools.
We engage in dialogue and consultation with relevant stakeholders to identify negative impacts on human rights and address to them appropriately.
Akira Onishi
President
TOYOTA INDUSTRIES CORPORATION
Click here for PDF file of Toyota Industries Group Human Rights Policy PDF [217.3 KB/ 2 pages]