| Toshiba Announces Participation In United Nations Global
13 January, 2004
TOKYO -- Toshiba Corporation today announced that its participation in the United Nations Global Compact Initiative has been acknowledged and accepted by the United Nations. The company's participation represents its support for the nine principles of the Global Compact in respect of human rights, labour rights and the protection of the environment, and a determination to integrate the values of the Global Compact into Toshiba's strategy, culture and day-to-day operations.
The Global Compact and its nine principles were proposed by United Nations Secretary-General Kofi Annan in an address to The World Economic Forum at Davos, Switzerland, in January 1999. Major companies from around the world have joined the initiative, and Toshiba is the 13th company from Japan to do so.
Toshiba Corporation has long promoted initiatives to assure business practices that meet the highest ethical and legal standards, and that also reflect the concerns contained in the Global Compact's nine principles. Most recently, in July 2003, Toshiba established a Corporate Social Responsibility Division, reporting directly to the President, that spearheads all activities related to corporate social responsibility (CSR), including legal compliance, environmental protection, customer satisfaction, human rights and employee satisfaction, and contributions to society, throughout Toshiba's worldwide operations.
What is the Global Compact?
The following brief description of the Global Compact is excerpted from the U.N. global compact web site, http://www.unglobalcompact.org/
In an address to The World Economic Forum on 31 January 1999, United Nation Secretary-General Kofi Annan challenged business leaders to join an international initiative the Global Compact that would bring companies together with UN agencies, labour and civil society to support nine principles in the areas of human rights, labour and the environment. The Global Compact's operational phase was launched at UN Headquarters in New York on 26 July 2000.
The Nine Principles
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