Participation in Initiatives and External Evaluation
Participation in Initiatives
United Nations Global Compact (UNGC)
The United Nations Global Compact (UNGC) is a voluntary initiative, where private companies and organizations affiliated with the United Nations act as good members of society and achieve sustainable growth by demonstrating responsible and creative leadership.
Companies and organizations that sign the UNGC are committed to ten principles related to the protection of human rights, elimination of unfair labor, environmental protection, and prevention of corruption. Based on the commitment of company leaders themselves to these ten principles, companies are required to continuously make efforts to realize the principles.
The Nihon Nohyaku Group has signed the UNGC (https://unglobalcompact.org/what-is-gc/participants/151047-Nihon-Nohyaku-co-ltd), thereby declaring to stakeholders and the international community our corporate stance of contributing to society through appropriate business activities.
Sustainable Development Goals (SDGs)
Sustainable Development Goals (SDGs) are the common goals of the international community set forth in the “2030 Agenda for Sustainable Development,” which was unanimously adopted by member states at the United Nations summit in September 2015. The aim is to create a sustainable and better world by 2030. Consisting of 17 goals and 169 targets, the Agenda pledges to realize a global society that will “leave no one behind (LNOB).”
Responsible Care
In the chemical industry, each company handling chemical substances secures “the environment, safety and health” and publishes the results of its activities regarding all its processes, ranging from R&D through manufacturing, logistics, use, final consumption, and recycling, to the disposal of the chemical products, while maintaining a dialogue and communication with society. These activities are called “Responsible Care (RC) activities.”
In September 1999, we joined the Japan Responsible Care Council and began a full-scale implementation of our RC activities. Since 2012, we have been a member of the Japan Chemical Industry Association’s Responsible Care Committee, which was reorganized from the Japan Responsible Care Council. Currently, we have registered four domestic Group companies as RC activities-related companies, and our activities are still ongoing.
Moreover, in 2014, we signed the RC Global Charter (resigned by then President Tomoi in January 2020), declaring our commitment to uphold the international principles of RC and to strengthen our efforts in conducting RC activities.
Task Force on Climate-related Financial Disclosures (TCFD)
The TCFD is a task force established by the Financial Stability Board (FSB) at the request of the G20 to consider how climate-related information should be disclosed and how financial institutions should respond. In its final report, the TCFD recommends that companies assess and disclose information on the financial impact of climate change.
In an effort to address climate change, the Group has announced its endorsement of the TCFD recommendations (PDF: 201KB).
External Evaluation
DBJ Certification Programs
The program evaluates companies’ non-financial information using an original screening system developed by the Development Bank of Japan (DBJ). Nihon Nohyaku has received the following evaluations.
- DBJ Environmental Rating (2024): Evaluation of environmental management and sustainability management
- DBJ Employees’ Health Management Rating (2023): Evaluation of employee health management and health and productivity management
Selected as a Constituent of the FTSE JPX Blossom Japan Sector Relative Index
Constructed by FTSE Russell, this index reflects the performance of Japanese companies with relatively superior environmental, social, and governance (ESG) practices within each sector.
It is a leading ESG index adopted by the Government Pension Investment Fund (GPIF).
CDP (Carbon Disclosure Project)
A global disclosure system operated by CDP (headquartered in the U.K.) to measure, disclose, and manage the environmental efforts of companies and cities. In response to requests from institutional investors worldwide, CDP assesses environmental initiatives for climate change, water security, forest conservation, and other areas on an eight-point scale ranging from A (the highest rating) to D- (the lowest rating).Nihon Nohyaku’s 2025 ratings
- Climate change: B (Management level)
- Water security: B (Management level)
KENKO Investment for Health (KIH) Outstanding Organization (Large Enterprise Category) 2025
The program was established by the Ministry of Economy, Trade and Industry and is certified by NIPPON KENKO KAIGI. It recognizes companies with excellent initiatives in “KENKO Investment for Health,” which strategically promotes employee health management from a business-management perspective.
Nihon Nohyaku received this certification for the first time in FY2025.
Partnership Building Declaration
This is a program promoted by the Ministry of Economy, Trade and Industry in collaboration with related ministries and agencies, aiming to achieve co-existence and co-prosperity throughout the entire supply chain.
Under this program, companies declare their commitment to co-existence and co-prosperity across the supply chain, fostering new collaborations that transcend differences in scale, business affiliations, and other boundaries.
They also pledge to comply with the “Promotion Standards” set forth by the Act on the Promotion of Subcontracting Small and Medium-sized Enterprises.
Nihon Nohyaku made its Declaration of Partnership Building public on May 19, 2025.
