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Social Contribution Activities

Accomplishments and Approaches for Social Contribution Activities

Accomplishments and Approaches for Social Contribution Activities

Accomplishments and Approaches for Social Contribution Activities

While much of a business's responsibilities lie within the corporate sphere, it is nonetheless equally as important that a business take responsibility for local engagement within the social sphere. Komatsu is thus acutely aware of the importance for "Social Contribution Activities" that help nurture and develop the local communities in our areas of operation. We emphasize themes in our social contributions which utilize the business acumen and know-how that we have cultivated in our business operations. This in turn allows us to make use of our existing expertise to greatly increase the beneficial impact and reach of our contributory activities.

Basic Approaches to Social Contribution (from “Komatsu’s Worldwide Code of Business Conduct”)

CSR (Corporate Social Responsibility) is a multi-faceted topic, of which specific elements pertaining to the different aspects of its implementation are subject to change according to country, region, or business practices. However, regardless of these variations, the underlying axioms that drive these initiatives remain the same: companies must co-exist in harmony with society, responding to expectations and building a relationship of mutual trust. As mentioned in other sections of this report, one of the principles that guides the Komatsu Group on a global scale is the understanding that Komatsu should fulfill its corporate social responsibilities through integration of CSR into our business operations. We further build on that belief by defining clear requirements for good corporate citizenship: a company should live up to societal expectations by promoting harmony and making real contributions for the benefit of the community in which it operates. Komatsu is proud to report that we live up to these high standards, and are proactively engaged in social contributory activities across multiple regions.

5 Basic Principles for Social Contribution (from "Komatsu's Worldwide Code of Business Conduct")

Aims:

To clarify the responsibilities of Komatsu Group and its employees as members of the local community and guide their activities for social contribution accordingly.

Principles: Activities for social contribution should:

  • have continuity;
  • contribute to the advancement of public welfare;
  • be voluntary (not forced);
  • be reasonable to employees; and
  • not be designed to advertise our products or services.

Social Contribution Expenditures of the Komatsu Group

We have divided and summarized the results of our social contributions into 6 general categories. These can be found in the infographic below:

Type of Social Contribution Expenditure

(Millions of yen)

Cash contributions

707

Time contributions

316

In-kind giving

314

Management overheads

797

Total

2,136

komatsu csr