With rapid globalization, corporate mergers
and restructurings, and increasing concern for the global environment,
business conditions and public attitudes toward corporations are undergoing
major change. In this context, the Kobe Steel Group is working in
various ways to fulfill its corporate social responsibilities (CSR)
and serve its stakeholders, including customers, business partners,
shareholders, investors, administrative agencies, employees, and local
communities.
Toward the Further Promotion of CSR
Kobe Steel drew up
a Corporate Code of Ethics and has always endeavored to earn and keep
the confidence of its stakeholders. With our recent adoption of a
new Group corporate philosophy, we have recommitted ourselves to further
promoting Group-wide CSR activities with the aim of achieving sustainable
development both for the Group itself and for society as a whole and
of increasing stakeholder satisfaction.
In April 2006 we established the Group's basic CSR principles and
set up the CSR Committee to provide central control of all CSR activities.
The promotion of CSR is identified as a priority in our Fiscal 2006-2008
Medium-Term Business Plan. While systematically promoting CSR activities,
the Committee will report in various ways to all interested parties
concerning the progress being made.