SECOM positions CSR* as a method for achieving sustainability. We classify initiatives designed to help address a variety of social imperatives through our businesses as “strategic CSR” and those serving as a base for earning the trust of society as “basic CSR.”
- CSR: Corporate Social Responsibility
Towards the achievement of a sustainable society
Acknowledging the importance of sustainable growth for ourselves and for society, we implement CSR through our business and management activities built on the following corporate philosophy.
“SECOM will always contribute to society through its businesses.”
“SECOM will have the duty and responsibility to always find and create new businesses that provide value to the society.”
“SECOM will always be innovative.”
Fostering unity among employees is essential in order to achieve SECOM’s goal of achieving a “society where anyone can live with safety, peace of mind, comfort and convenience at any time and in any place.” Our corporate philosophy and the SECOM Group Vision for 2030 fulfill major roles in fostering unity. Based on our corporate philosophy and Vision, SECOM conducts activities while communicating with the stakeholders.
Strategic CSR and Basic CSR
2003 is known as the beginning of the era of CSR management in Japan. During the following 10 years, the concept of Creating Shared Value (CSV)* took root in Japan. CSV refers to management strategy which dynamically incorporates CSR in order to achieve sustainable growth for corporations and society. Based on our corporate philosophy, SECOM has worked to address a variety of social imperatives through our business activities since our founding. This is the essence of implementing CSR and CSV through business.
- CSV: Creating shared value for corporations and society
On the other hand, in order for corporations to earn trust from society and achieve sustainable growth, there are responsibilities and items which must be actively addressed, thus responding to various social issues such as compliance, risk management, and the environment is also an aspect of CSR.
Among these CSR activities, SECOM defines “aggressive” activities for addressing social imperatives through business as “strategic CSR” and “defensive” activities for obtaining trust from society as a corporation as “basic CSR.”
Materialities for SECOM
SECOM extracts a variety of social imperatives and summarizes priority imperatives by considering management resources and the opinions and expectations of the stakeholders.
In terms of strategic CSR, the SECOM Group Vision for 2030 defines the orientation of the SECOM Group for constructing a Social System Industry. Together with partners in industry, government, academia, etc., who share our vision, we are working to realize our ANSHIN Platform concept for social infrastructure that provides peace of mind in life and society. We are also creating and providing comfortable and convenient services with even higher added value.
In terms of basic CSR, we refer to items such as the core subjects* defined by ISO26000 and address a variety of themes based on the powerful compliance system which we have built up since our founding.
- Core subjects: The seven core subjects defined by ISO26000, an international standard for social responsibility, are as follows: Organizational governance, fair operating practices, human rights, labor practices, the environment, consumer issues, and community involvement and development.
Initiatives for the achievement of the SDGs
Since its founding, SECOM has been working to resolve social imperatives based on our corporate philosophy of “contributing to society through our business activities.”
The Sustainable Development Goals (SDGs) were adopted at the United Nations Sustainable Development Summit in September 2015. The SDGs are global social issues and related goals raised on shared global recognition, and SECOM is actively contributing to achieving these goals.
The SDGs have many similarities with the SECOM ANSHIN Platform concept and our materialities. Currently, we are organizing concepts, defining relationships, and reviewing goals which should be prioritized for contribution.
SECOM is striving to contribute to achievement of the SDGs through our aggressive Strategic CSR initiatives which address social imperatives through our business activities as well as defensive Basic CSR initiatives to earning the trust of society.
Stewardship Code and Corporate Governance Code
In recent years, we see increasing trends for evaluating non-financial information including responses to social issues from a mid- to long-term perspective, in addition to financial information, when judging sustainable growth or value of a company.
The Japan’s Stewardship Code was formulated in February 2014 by the Financial Services Agency (FSA), which promotes institutional investors to participate in engagement with corporations in regard to improving corporate value and achieving sustainable growth. In June 2016, the Corporate Governance Code was enacted by the FSA and Tokyo Stock Exchange as a guideline for the corporate governance of listed corporations.
Moving forward, we will engage in even closer communication with stakeholders. In addition to organizational management based on the spirit of the two codes, we will address various social imperatives and engage in appropriate disclosure of information.
Communication with the stakeholders
In responding to requests from the stakeholders for information disclosure and to fulfill the responsibility of accountability, SECOM provides extensive disclosure of ESG information through our website, various reports including Sustainability Report and surveys from evaluation organizations.
Opinions received from the stakeholders are reported at meetings and fed back to related departments. This facilitates the sharing and utilization of information.
Examples of enhancing communication with the stakeholders
Activities related to invigorating the general meeting of shareholders and facilitating the exercising of voting rights
- Early shipping of convocation notices for the general meeting of shareholders (approx. 3 weeks in advance)
- Providing English version of convocation notices (abridged) for the general meeting of shareholders
- Holding the general meeting of shareholders by avoiding dates on which many companies hold meetings
- Operation of easy-to-understand general meetings of shareholders by utilizing videos in business reports, management policy presentations, etc.
- Exercising voting rights via electromagnetic methods
- Improving the environment for exercising the voting rights of institutional investors; for example, participating in platforms for exercising voting rights electronically
- Establishment of department (staff) in charge of IR
- Creation of IR materials and disclosure on the website
- Make disclosure policies available on the website
- Hold regular meetings for analysts and institutional investors
- Hold one-by-one meetings with overseas investors
Initiatives for disclosure of non-financial information
- Issuance of sustainability reports
- Posting of ESG information on the website
- Participation in the Information Disclosure System Pilot Project (operated by the Ministry of the Environment)
- Response to surveys and disclosure of information to the mass media, government, NPO, etc.
- Communication with ESG evaluation organizations
Participation in the Environmental Reporting Platform Development Pilot Project (operated by the Ministry of the Environment)
For five consecutive years since the founding of the project, SECOM has participated in pilot project operated by the Ministry of the Environment aimed at promoting corporate environmental conservation activities and invigorating investment based on those activities and results.
From fiscal 2017, SECOM has participated in operation demonstration projects aimed at full-scale operation of an “ESG platform” which aims at disclosure of overall ESG information, not just environmental information, and promotion of communication with institutional investors.
Selected as a 2017 Competitive IT Strategy Company
In May 2017, SECOM was selected as a 2017 Competitive IT Strategy Company by the Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange.
In each business category, from among companies listed on the Tokyo Stock Exchange, the Competitive IT Strategy Companies award selects and introduces corporations which actively use IT to improve management innovation, revenue levels, and productivity from the perspective of improving mid- to long-term corporate value and strengthening competitive ability.
SECOM was selected as a Competitive IT Strategy Company for the second consecutive year in recognition of activities such as development of SECOM My Doctor Watch, an emergency response and health monitoring service that utilizes IT, and provision of SECOM 3D Security Planning which utilizes three-dimensional maps in security plans.
Selected as a 2017 Competitive IT Strategy Company, our second consecutive year to receive the honor