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2023/ 7/ 11
[Webinar] Comparing the Business and Human Rights Requirements of Companies with Their Actual Efforts -Aiming for Further Respect for Human Rights and Improvement of Corporate Value- Part 1
2023/ 7/ 12
June 2023, 6 (Thursday) Co-sponsored by Atsumi & Sakai Law Office and Foreign Law Office / FRONTEO
[After login, May 2023, 6You can download the materials of the seminar held today. ]
Points of attendance
The Japanese government formulated the "Business and Human Rights Action Plan" in October 2020, and the "Guidelines for Respecting Human Rights in Responsible Supply Chains" in September 10. In recent years, the development of systems related to business and human rights has been progressing in Japan.
Human rights need to be respected regardless of whether or not there is corporate profit, but for listed companies, it is also necessary to respect human rights from the perspective of corporate profit such as ESG.Recently, there has been a situation where listed companies require business partners to sign a pledge to comply with procurement guidelines that reflect human rights policies when starting new transactions or maintaining transactions. Companies also need to respond to human rights from the perspective of corporate profits, such as maintaining and increasing transactions and preventing the occurrence of liability for damages due to non-compliance with procurement guidelines.
In addition, if a scandal related to human rights actually occurs, there is a risk that the ESG rating will be lowered, the liability for damages will be incurred, and the transaction will be canceled. It is necessary to prevent human rights violations as much as possible by promoting effective efforts in line with the purpose.
Up to now, I have conducted research on business and human rights practices by referring to public information of more than 1,000 companies listed on the Tokyo Stock Exchange Prime Market. On the other hand, some companies implement human rights policies, human rights DD, and remedies in accordance with the framework of the UN Guiding Principles, and then go deeper into identifying risks in human rights DD. depth varies.
Promoting efforts to respect human rights is wonderful, regardless of the depth of the efforts. I will explain "notices" in a form that can be used as a reference for companies with various depths of efforts.
【Program】
(1) Awareness when comparing the content required in the formulation of a human rights policy and the actual efforts of companies
(Description, etc. of the presence or absence of approval by the board of directors)
(2) Observations when comparing the content required in the implementation of human rights DD and the actual efforts of companies
(Materials for risk identification, matters to be considered when planning prevention and mitigation measures, etc.)
(3) Awareness when comparing the contents required in the implementation of relief and the actual efforts of companies
(Responding to requests from employees of business partners, matters to be noted in cases received at the inquiry desk, etc.)
Only members can watch it.
Please refrain from registering at a law firm, in the same industry as our company, or with a free email address.
June 2023, 6 (Thursday) Co-sponsored by Atsumi & Sakai Law Office and Foreign Law Office / FRONTEO
[The materials for the seminar held on April 2023, 6 can be downloaded from the form below.] ]
Points of attendance
The Japanese government formulated the "Business and Human Rights Action Plan" in October 2020, and the "Guidelines for Respecting Human Rights in Responsible Supply Chains" in September 10. In recent years, the development of systems related to business and human rights has been progressing in Japan.
Human rights need to be respected regardless of whether or not there is corporate profit, but for listed companies, it is also necessary to respect human rights from the perspective of corporate profit such as ESG.Recently, there has been a situation where listed companies require business partners to sign a pledge to comply with procurement guidelines that reflect human rights policies when starting new transactions or maintaining transactions. Companies also need to respond to human rights from the perspective of corporate profits, such as maintaining and increasing transactions and preventing the occurrence of liability for damages due to non-compliance with procurement guidelines.
In addition, if a scandal related to human rights actually occurs, there is a risk that the ESG rating will be lowered, the liability for damages will be incurred, and the transaction will be canceled. It is necessary to prevent human rights violations as much as possible by promoting effective efforts in line with the purpose.
Up to now, I have conducted research on business and human rights practices by referring to public information of more than 1,000 companies listed on the Tokyo Stock Exchange Prime Market. On the other hand, some companies implement human rights policies, human rights DD, and remedies in accordance with the framework of the UN Guiding Principles, and then go deeper into identifying risks in human rights DD. depth varies.
Promoting efforts to respect human rights is wonderful, regardless of the depth of the efforts. I will explain "notices" in a form that can be used as a reference for companies with various depths of efforts.
【Program】
(1) Awareness when comparing the content required in the formulation of a human rights policy and the actual efforts of companies
(Description, etc. of the presence or absence of approval by the board of directors)
(2) Observations when comparing the content required in the implementation of human rights DD and the actual efforts of companies
(Materials for risk identification, matters to be considered when planning prevention and mitigation measures, etc.)
(3) Awareness when comparing the contents required in the implementation of relief and the actual efforts of companies
(Responding to requests from employees of business partners, matters to be noted in cases received at the inquiry desk, etc.)
lecturer
Atsumi & Sakai Law Office/Foreign Law Office
Partner Lawyer Makoto Nakano
A member of the Tokyo Bar Association. For about 2010 years after registering as a lawyer in 5, she has been mainly engaged in representation services such as negotiations, litigation, labor tribunals, and provisional dispositions related to labor disputes. For about five and a half years from October 2015, she was in charge of the revision of the Whistleblower Protection Act (10) and the drafting of guidelines based on the same act (5).Currently, at Atsumi & Sakai Law Offices and Foreign Law Joint Enterprise, in addition to analyzing more than 2020 new reports and consultations that are received every month, I investigate fraudulent practices of employees and officers, support the establishment and dissemination of internal reporting systems, Respond to labor issues, etc.In addition, he is conducting research on business and human rights at bar associations, etc., and is considering public information of more than 2021 companies listed on the Tokyo Stock Exchange Prime Market.His main publications include “Practical Responses to Obligations of Businesses Based on the Whistleblower Protection Act” (Shojihomu, 150) and “Explanation: Revised Whistleblower Protection Act (1,000nd edition)” (Kobundo, co-author, 2022). year), etc.
Profile
Atsumi & Sakai Law Office and Foreign Law Joint Office is the first domestic law firm to establish a completely independent foreign law joint venture. Crisis Management Practice) is a former prosecutor (including those who have worked in the Ministry of Justice/Special Investigation Department), the Consumer Affairs Agency, which has jurisdiction over the Whistleblower Protection Act, the Financial Services Agency, the Securities and Exchange Surveillance Commission, financial institutions and business companies. It consists of members with diverse backgrounds and knowledge, such as lawyers with work experience in the department and lawyers with certified public accountant qualifications.Rather than relying heavily on fraud investigations, he also makes full use of innovative methods to address issues related to compliance, risk management, and corporate governance that clients face to prevent damage to corporate value and support early recovery.
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