Participation in the Initiatives

Signing of the United Nations Global Compact and Initiatives

In July 2019, Idemitsu Kosan expressed its support for the ten principles of the U.N. Global Compact (UNGC) concerning human rights, labor, the environment, and prevention of corruption. We also joined the Global Compact Network Japan (GCNJ).

UNGC is a global initiative to urge private enterprises and associations to join efforts to address social issues with the aim of realizing a sustainable society, and they express their intention to participate by signing the compact on their own initiative. GCNJ is a local platform in Japan, and 300 enterprises and associations have joined it. By taking part in both initiatives, enterprises and associations can share expertise, latest trends, and examples of social and environmental activities with other members.

We support the 10 principles on human rights, labor, the environment, and anti-corruption, and raise the awareness of our employees to solve social issues, and as a global energy co-creation company, it will further step up its efforts to create a sustainable society through business operations.

The Ten Principles of the UN Global Compact
Human Rights
  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2: make sure that they are not complicit in human rights abuses.
  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: the elimination of all forms of forced and compulsory labour;
  • Principle 5: the effective abolition of child labour; and
  • Principle 6: the elimination of discrimination in respect of employment and occupation.
  • Principle 7: Businesses should support a precautionary approach to environmental challenges;
  • Principle 8: undertake initiatives to promote greater environmental responsibility; and
  • Principle 9: encourage the development and diffusion of environmentally friendly technologies.
  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

United Nations Global Compact Website
Global Compact Network Japan (GCNJ) Website (Only available in Japanese)

出光興産, DFF Inc.

Support for TCFD Recommendations

Idemitsu expressed its support for the TCFD (Task Force on Climate Financial Disclosures) recommendations in February 2020. Considering and implementing the risks and opportunities of climate change and their countermeasures in line with the TCFD recommendations are the very essence of our business strategy and we believe that these will lead to contributions to a sustainable society. We will use the TCFD framework to appropriately disclose information to stakeholders and make sincere efforts to address climate change.


Current disclosures on our response to climate change in accordance with TCFD recommendations are as follows:

Governance The Safety & Environmental Protection Headquarters manages environmental issues including climate change. The Safety & Environmental Protection Headquarters reports the important issues of climate change to the Board of Directors and they can be oversighted by the Board of Directors.

For more details, please refer to "Environmental Management Structure / Environmental Management System"

Strategy Based on scenario analysis including 2-degree scenario, we are considering risks and opportunities in the low-carbon society.

For more details, please refer to "Basic Stance / Risks and Opportunities Identification Based on Scenario Analysis"

Risk management The Safety & Environmental Protection Headquarters identifies and assesses risks, reports to Management. We are also developing the ESG governance system to manage risks comprehensively.

For more details, please refer to "Environmental Management Structure / Environmental Management System"

Metrics and Targets We manage CO2 reduction targets and monitoring indicators.

For more details, please refer to "Our Group's CO2 Reduction Targets and Monitoring Indicators"

TCFD Website

出光興産, DFF Inc.

Participation in IPIECA

In November 2020, we joined IPIECA (International Petroleum Industry Environmental Conservation Association). This association is an international organization that examines how to respond to environmental and social issues in the oil and gas industry. Oil and gas companies, including oil majors in Europe and the United States, and industry groups from each country are members of this association, and we are working in collaboration with external groups such as the United Nations, NGOs, universities and research institutes. Through IPIECA, we understand the sustainability issues that companies should address and are involved in solving them from a global and diverse perspective.

出光興産, DFF Inc.

Participation in ESG Information Disclosure Study Group

We joined the ESG Information Disclosure Study Group in November 2020. The purpose of this study group, which was launched in June, 2020 is to help create a mechanism that harmonizes the sustainable development of society with the company growth through research on the appropriate way of ESG information disclosure. By participating in it, we strive to improve mutual understanding with stakeholders.

ESG Information Disclosure Study Group Logo
出光興産, DFF Inc.

Participating in the Japan Clean Ocean Material Alliance (CLOMA)

Idemitsu has joined the Japan Clean Ocean Material Alliance (CLOMA), which aims to solve the marine plastic problem. In addition, the group company Idemitsu Unitech Co., Ltd. also joined the alliance. CLOMA was established on January 18, 2019 to accelerate initiatives that span different industries, such as those focused on properly managing plastic waste, promoting the three Rs,* and spurring development of alternative materials. We aim to provide safe, stable energy and materials and is actively engaged in environmental conservation activities, including those aimed at solving the marine plastic waste problem, thereby helping build a sustainable society.

Idemitsu Unitech participated as a member company in a CLOMA seminar held on September 5, 2019 and was able to spark communication among member companies by announcing its stance on the marine plastic waste problem, which is a major topic at the moment, and showcasing eco-friendly products it has developed. The company received a lot of feedback on the products it exhibited that day, specifically various products that incorporate eco-friendly raw materials and zipper tape for mono-material packages. Idemitsu Unitech, which manufactures and sells packaging-related products, considers addressing environmental problems a key issue and will continue to take proactive initiatives going forward.

  • * Three Rs: Reduce. Reuse. Recycle.
Japan Clean Ocean Material Alliance (CLOMA) Logo
出光興産, DFF Inc.

Participating in JaIME

Idemitsu participates in the Japan Initiative for Marine Environment (JaIME), which was established by five groups in the chemicals industry: Japan Chemical Industry Association, The Japan Plastic Industry Federation, Plastic Waste Management Institute, Japan Petrochemical Industry Association, and Vinyl Environmental Council. JaIME promotes a wide range of activities, including the gathering of scientific knowledge on plastic waste and responding to enhanced management in Asian countries. We will actively contribute to the response of the newly emerging marine plastics problems throughout the chemical industry.

出光興産, DFF Inc.

Participating in the e’s Future Co-Creation Forum

Idemitsu is a corporate partner with the e’s Future Co-Creation Forum and cross-industry workshops helmed by Junko Edahiro, who is well versed in global environmental problems, does consulting on CSR and CSV management for many Japanese companies, and frequently advises national governments and local authorities. Ms. Edahiro regularly holds workshops that serve as a place to facilitate co-creation across industries and sectors, as she is able to tap her network in Japan and overseas to invite experts in the environment, CSR, and sustainability from companies, governmental agencies, NPOs, NGOs, and other organizations. By participating in these workshops alongside other partner companies and organizations (51 total as of April 2020), we are garnering useful feedback on our own activities and gaining valuable knowledge and the latest information on various pressing issues, such as climate change and energy.

出光興産, DFF Inc.