OSG Group Human Rights Policy
OSG Corporation and all the group companies (hereinafter referred to collectively as “OSGs”) respect the“International Bill of Human Rights” (Universal Declaration of Human Rights and International Covenanton Human Rights), the International Labor Organization (ILO)’s “Declaration on Fundamental Principles
and Rights at Work” and the United Nation’s “Guiding Principles on Business and Human Rights,” which
define the fundamental human rights that everyone in the world should have, and establish “OSG Group
Human Rights Policy” (hereinafter referred to as “Policy”). Each one of the members of OSGs shallpromote activities related to human rights based on this Policy.
１. Scope of application
This Policy shall apply to all executives and employees in OSGs. In addition, OSGs shall continuously
work on all the stakeholders related to our business activities to respect and promote human rights incooperation.
２. Responsibility for respect for human rights
OSGs make a pledge not to abuse the human rights of the people influenced by our business activities
and to take appropriate measures to correct any negative impact on human rights if those are causedrelated to our business activities, and thereby to fulfill our responsibilities to respect human rights. If
any negative impact on human rights is caused by our stakeholders and other concerned people,
OSGs shall ask them to respect human rights and prevent the infringement.
３. Priority issues on human rights
As companies carry out sustainable business activities in a society with diversity, OSGs understandthat the following are priority issues for human rights:
・ Prohibiting human trafficking, forced labor and child labor
・ Securing both mental and physical health and safety
・ Prohibiting any form of prejudice and discrimination related to race, color, language, religion,thought, gender, age, disability, nationality, gender identity, sexual orientation, property
ownership or employment status
・ Prohibiting any form of harassment, bullying or unfair treatment
・ Respecting freedom of association and the collective bargaining rights of workers
・ Securing the minimum wage and managing adequate working hours
・ Protecting personal information and privacy
４. Human rights due diligence
In order to fulfill the responsibility to respect human rights through the implementation of the United
Nation’s “Guiding Principles on Business and Human Rights,” OSGs shall establish a Human Rights
Due Diligence system. Within this system, we will identify and evaluate the negative impacts on humanrights caused by our activities and take measures to prevent, mitigate and correct both potential andactual risks to human rights.
５. Settlement of complaints and remedy
If any employee recognizes or suspects any potential violation of laws, regulations and rules appliedin the country and the region as well as internal rules including Human Rights Policy, the person canreport such violations to his/her supervisor or a person in charge of the internal reporting system.
OSGs shall establish appropriate and effective mechanisms for settlement of complaints, and if it
becomes apparent that a person caused or is involved in an adverse impact on human rights,
implement remedial actions and corrective measures through appropriate procedures andcommunications.
６. Understanding, promotion and penetration
In order to ensure that this Policy is fully understood and embedded within all business activities, OSGsshall work on the education and enlightenment of executives and employees in proper and effectiveways. OSGs shall share this Policy with our stakeholders and their concerned people for better
understanding and penetration.
７. Compliance to applicable laws and regulations
OSGs observe the domestic laws and regulations of each country and region where we carry out ourbusiness activities. If there are any conflicts between the internationally recognized human rights andthose stated in legislation of each country, OSGs shall pursue a way to respect international humanrights principles.
８. Communication and discussion
OSGs shall utilize external expertise on human rights to communicate and discuss with concerned
stakeholders regarding measures against any potential and actual impact on human rights.
９. Disclosure of information
OSGs shall disclose the progress of our activities to respect human rights based on this Policy throughour web-site and reports.
This Policy was approved by the board of directors of OSG Corporation on February 18, 2022, andexecuted by the President and COO.
March 1, 2022
Nobuaki Osawa, President and COO
OSG Corporation