Risk Assessment of New Businesses
The Oji Group screens investments and loans, such as those for new businesses and projects, not only by examining economic
aspects but also from the viewpoint of ESG (environment, social, governance) by following the Oji Group Corporate Code of
Conduct, the Oji Group Behavior Standard, the Oji Group Partnership Procurement Policy, and other criteria.
Occupational Safety and Health
We conduct risk assessment by confirming our safety and
health policies, objectives, and management structure, the
occurrence of occupational injuries resulting in incapacity for
work lasting at least one day, including accidents resulting in
deaths or serious injuries, and countermeasures taken against
such injuries, daily safety and health activities such as safety
patrols and safety training, and safety of machines, equipment,
chemicals, work environment, work methods, and others, not
to mention the status of compliance with laws and regulations
related to safety and health.
To assess and identify water-related risk, we use WRI
Aqueduct(※1) and conduct due diligence on precipitation,
drought, water disasters, water-related laws and regulations,
and other elements of the area where we plan to launch a new
project or business.
※1 A global map and information depicting regional water risks prepared by the World
Resources Institute (WRI)
In the planning phase of a new business or M&A, we
collect information by meeting with local governments and
environmental NGOs of the respective areas, and assess
We conduct risk assessment to see whether consideration is
given to basic human rights and check for elements that have
a negative impact on human rights, with a special focus on
child labor, labor management, the rights of indigenous people,
labor-management relationships, and other factors.
We conduct risk assessment of our business partners as
well as our agents to confirm that they do not engage in any
bribery, illegal trade, or misconduct.
＊For information on risk assessment of the supply chain, please click here.
Wood Raw Material Procurement Guidelines
Risk Assessment of Existing Businesses
The Internal Audit Department, Safety Department, and Environmental Management Department audit existing businesses and projects on a regular basis. Not only domestic group companies but also overseas group companies are inspected regarding basic labor conditions that lead to human rights risks and the state of development of workplace safety environments.
In addition, we provide guidance on improvement in cases where risks have been identified, as well as striving to develop them horizontally.