Global Navigation:

CSR
CORPORATE SOCIAL RESPONSIBILITY

Compliance

Basic Policy

Compliance

INPEX is systematically developing a compliance system, an indispensable requirement for the sustained development of a company, and strives to ensure compliance with laws and regulations and adherence to corporate ethics. Specifically, we have instituted the Compliance Committee, which deliberates basic policies, plans, and significant matters pertaining to compliance, and manages the status of compliance practice to promote unified compliance initiatives throughout the Group.
In addition, in accordance with the Corporate Social Responsibility Principles, we have instituted the Code of Conduct, which prescribes matters to be observed to realize compliance, in order to increase compliance awareness among executives and employees in an effort to put the Business Principles into practice.

Compliance Chart

Compliance

Anti-bribery and Anti-corruption Initiatives

The Code of Conduct stipulates the building of sound and appropriate relationships with government and administrative authorities (prohibition of political donations except in cases permitted under relevant laws and regulations) and compliance with the anti-bribery and anti-corruption laws and regulations in the countries in which we operate. We make no donations relating to political activities.
We have been participating in the United Nations Global Compact since December 2011 and have declared our commitment to preventing corruption. Based on our Code of Conduct, we have prepared a corporate Anti-Bribery and Anti-Corruption Policy (ABC Policy) and ABC procedures and we are engaged in the prevention of bribery and corruption.

Respect for Human Rights

We support international standards relating to human rights, such as the International Bill of Human Rights, the International Labor Standards of the International Labor Organization (ILO), and the United Nations Guiding Principles on Business and Human Rights, and favor the United Nations Global Compact, which promotes voluntary activities by companies as good corporate citizens.

Targets and Results

↓This table is scrollable horizontally.

Key Tasks FY2017 Targets FY2017 Results FY2018 Targets
Respect for
human rights
  • Strengthen initiatives to improve human rights management, including formulation of human rights policy
  • Provide training on human rights management (Target attendance ratio: 90%)
  • Issued a FY2016 disclosure statement in response to the UK Modern Slavery Act 2015
  • Strengthened human rights management, including the introduction of a human rights policy
  • Conducted training on human rights management (98% attendance)
  • Strengthen initiatives to improve human rights management
  • Issue a FY2017 disclosure statement in response to the UK Modern Slavery Act 2015
  • Continue human rights management training for new recruits and mid-career employees
  • Implementation of human rights risk assessment on supply chain
Legal compliance,
prevention of bribery
and corruption
  • Continue ABC risk assessment at overseas offices
  • Widely disseminate and strengthen the implementation of ABC regulations (conduct of training, etc.)
  • Enhance global compliance systems
  • Conducted compliance training by work theme and level
  • Conducted an ABC risk assessment at one overseas office
  • Conducted ABC-related training (e-learning)
  • Engaged in global compliance activities through cooperation with the departments in charge of compliance at the Jakarta Office and Perth Office
  • Conduct compliance training by work theme and level
  • Continue ABC-related risk assessments at overseas offices
  • Widely disseminate and strengthen implementation of ABC regulations (through training and other means)
  • Enhance global compliance systems
Conducting
Environmental and
Social Impact
Assessment (ESIA)
in supply chain
  • Continue to participate in Global Compact Network Japan’s Supply Chain Working Group
  • Administer a cross-industry supplier self-evaluation questionnaire to main domestic suppliers and contractors
  • Continue to conduct risk assessments of main suppliers and contractors
  • Participated in the Supply Chain Working Group of Global Compact Network Japan and contributed to preparation of a cross-industry supplier self-evaluation questionnaire
  • Conducted risk assessments of major domestic service and construction contractor candidates (26 ABC due diligence risk assessments)
  • Incorporated ABC clauses and clauses on compliance with the INPEX Code of Conduct into all service and construction work agreements with domestic suppliers
  • Conducted risk assessments of major service and construction contractor candidates in Australia and Indonesia (ABC due diligence risk assessments, HSE assessments)
  • Continue to participate in the Supply Chain Working Group of Global Compact Network Japan
  • Administer a cross-industry supplier self-evaluation questionnaire to major domestic suppliers and contractors
  • Continue risk assessment of major domestic suppliers and contractors

Case Study

Structuring and Strengthening the Anti-Bribery and Anti-Corruption (ABC) Framework

Recently, while laws and regulations related to bribery are highly strengthened worldwide, INPEX’s Code of Conduct has been in place to prohibit bribery without exception in the Group’s business activities. In May 2014, we established the ABC Guidelines, which are applicable throughout the entire company, and effective from October 2014. When building our ABC framework based on the Guidelines, we prioritized risk assessment and the drafting of internal rules and regulation in support of the Guidelines and appointed an external law firm with expertise in introducing such guidelines to assist us.
Since fiscal 2015, our headquarters, together with our overseas offices in countries and regions with a comparatively high risk of bribery and corruption, have conducted a series of risk assessments and have prepared risk assessment reports that summarize the degree of risk and needed improvements. In light of these risk assessment results, in 2017 we revised our ABC Guidelines (renamed to ABC Policy) and drew up procedures in our efforts to erect a structured system and strengthen its operation. Furthermore, for these procedures we have established due diligence processes related to the following: prior notification concerning gifts and social events, prior notification for social contributions, employment procedures, appointment of third party service providers, jointly run businesses, and mergers & acquisitions.
Also, in order to plan out awareness efforts concerning these regulations, in fiscal 2016 and 2017 we carried out e-learning sessions on ABC themes for managerial employees in Japan and abroad.

Related links

Click here to comment on our CSR activities

To top of page