Introduction

Social Relationship Capital
Growing together through dialogue with diverse stakeholders
Building good relationships with diverse stakeholders—employees, customers, shareholders/investors, business partners, global andlocal communities, government agencies/industry groups, and others—is crucial for increasing our corporate value.
IDEC employs various means of communication to respond to stakeholder‘s views, expectations, and needs in order to fulfill its
corporate social responsibilities.

Safety, ANSHIN, and well-being

Climate change

Value Creation Story

Related materialities

Business foundationImprove safety, productivity, and well-being through technology development, human resource development, management, and rulemaking.
 ontribute to the reduction of the environmental impact of customers and society through the use of the IDEC Group’s technologies
Cand products.

Educational activities designed toachieve safety, ANSHIN, and well-being

In order to promote business activities that consider human rights,
labor, health and safety, the environment, and other areas throughout
the supply chain, we have established the “IDEC Group CSR
Procurement Guidelines” and “IDEC Group Green Procurement
Guidelines,” and published them in Japanese, English, Chinese,and Thai. In cooperation with our suppliers, we are promoting
CSR procurement that address societal challenges (responsibleprocurement activities with consideration given to sustainability).
As part of our supply chain management, we conduct site
visits and self-assessments of suppliers through the use ofquestionnaires.
We will continue to request suppliers for their cooperation in
CSR procurement, understanding the suppliers’ current situationand making proposals in accordance with the CSR Procurement
Guidelines.

Since its founding, IDEC has ranked contributing to society
through corporate development among its basic management
policies. We support and promote activities by each and every
employee to contribute not only through his or her businessactivities but also through social contributions and volunteer
activities, as corporate citizens rooted in their local communities.
At our head office cafeteria, we introduced a Table For
Two (TFT) donation program to provide assistance for funding
school lunches for children in developing countries. We also
conduct food drives for people needing assistance. In addition,we introduced a teaching curriculum for regional revitalization inwhich employees periodically visit schools to provide lectures.
We also conduct regular clean-up activities in communities.
Overseas, a volunteer team made up of employees of the Suzhou
factory regularly visits welfare facilities for the disabled and childwelfare institutions. In this way, the entire IDEC Group conducts
activities to contribute to society.

Procurement activities with suppliers
Establishment of CSR
Procurement Guidelines

1Step

2 CSR Procurement Briefing

Step3

Step

4 Site visits

Step

5 Problem solution proposals

https://us.idec.com/idec-us/en/USD/
sustainability/partner
Data

Step

Learn more

Self-assessments throughthe use of questionnaires

Food drive support

IDEC Report 2023

GovernanceSocial contribution activities

Foundation For Value
Creation

In 2018, IDEC became the first company in Japan to registerwith and support the Vision Zero campaign for occupationalsafety and health. This campaign, led by top management andaimed at achieving safety, health and well-being at companies, isbeing promoted by the International Social Security Association(ISSA) under the International Labour Organization (ILO), a United
Nations specialized agency.
Subsequently, IDEC became involved with the activitiesof the corporate promotion task group of The Global Coalitionfor Safety and Health at Work, which was set up through theleadership of the ILO, and the company played a leading role in
the Second Vision Zero Summit held online in Japan in May 2022.
At the summit, IDEC spoke to the attendees located inplaces around the world about its commitment to pursuingand achieving the world’s highest level of safety, ANSHIN andwell-being through its business activities. Let’s take for example
its world-leading collaborative safety technology. IDEC also
described its culture of prevention activities on a global scale
aimed at protecting people from serious industrial accidents
in order to achieve a world in which people can work in safety
and health. We will continue
to promote these activities in
the future as well.

Supply chain management

Business Strategy

Further strengthen governance and compliance to ensure that the company is trusted by society.

Suzhou factory volunteer teamSocial Relationship Capital50