Daiwa House Group

"And, in accordance with the “Guiding Principles on Business and Human Rights” of the United Nations, we shall strive to discharge our responsibility on the respect for human rights through our response to negative impacts against human rights that may occur in our business operations and transactions" "We not only tackle issues related to labor practices that are highlighted in Japan, but also measures to improve global labor issues, such as preventing forced labor and child labor through compliance with the Core Labor Standards of the International Labour Organization (ILO)"; "For our business partners, we have established the CSR Procurement Guidelines as comprehensive social and environmental standards concerning human rights, labor practices, environmental protection, and bribery (including anticorruption), and which clearly states about respecting human rights as one of the codes in the Business Partner Code of Conduct, so we will respond to human rights issues that occur in our supply chain in a responsible manner. "

"Survey results evaluated according to timber procurement assessment criteria Using the results of the procurement of timber survey, our Group evaluates and categorizes procured timber according to the timber procurement assessment criteria into four ranks: S, A, B, and C. First, recycled timber and timber certified by one of the three forest management certification bodies (FSC, PEFC or SGEC)*1 is categorized as rank S. Next, if the timber is sourced from a high-risk area, it is categorized as rank C. For timber not sourced from a high-risk area, we evaluate the legality and sustainability, and assign rank S for scores of 90 points or more, rank A for scores of 80-89 points, rank B for scores of 70-79 points, and rank C for scores below 70 points, out of a potential total of 110 points. We grasp the situations regarding risks (compliance, biodiversity, human rights, etc.) of the countries of our suppliers by using a risk assessment tool, the Global Forest Registry operated by Forest Stewardship Council (FSC) that certifies timber and timber products."

"to ensure none of our business partners are procuring illegally felled timber, etc., we conduct a CSR procurement of timber survey every April that helps us to monitor their procurement practices. "

Daiwa House reported their total usage of timber as 282,458m3 of which 39.1% is certified and 13.5% was recycled

[Translation] ”In order to evaluate the legality and sustainability of the timber we procure, the Group annually conducts a timber procurement survey in line with the "Timber Procurement Assessment Report" for all of our timber suppliers. Based on the results of the survey, we rank the timber according to the presence or absence of risk, and we request suppliers who handle timber with low scores to submit an improvement plan, and are making systematic improvements. In addition, from fiscal 2022 onwards, we plan to conduct timber procurement surveys using evaluation criteria that are in line with our newly formulated zero deforestation policy.”

"Moreover, every year since fiscal 2011, we have audited wood suppliers and made those results public as per our "Biodiversity Guidelines" [Wood Procurement] (Guidelines for Products). They are required to verify the legality and sustainability of wood they procured in the previous fiscal year and then are instructed to make improvements highlighted in audit results." "This was achieved because we requested the suppliers of the pieces of timber categorized as C to make improvements by procuring more pieces of timber from the low-risk areas so that we could switch the sources, in addition to asking the suppliers of pieces of timber of which legality we did not confirm through the survey conducted the previous year, to check the official documents thoroughly for legal compliance. In terms of switching the sources, we had an issue that we could not secure a sufficient quantity of timber from the low-risk areas, but we have been able to procure more pieces of timber from the low-risk areas by having the suppliers understand our Group's idea of sustainable timber procurement."

“Our use of C-ranked timber decreased to 0.5% […] and has thus been practically eliminated. This was achieved because we requested the 33 suppliers of C-ranked timber to make improvements”

"And, in accordance with the “Guiding Principles on Business and Human Rights” of the United Nations, we shall strive to discharge our responsibility on the respect for human rights through our response to negative impacts against human rights that may occur in our business operations and transactions" "We not only tackle issues related to labor practices that are highlighted in Japan, but also measures to improve global labor issues, such as preventing forced labor and child labor through compliance with the Core Labor Standards of the International Labour Organization (ILO)"; "For our business partners, we have established the CSR Procurement Guidelines as comprehensive social and environmental standards concerning human rights, labor practices, environmental protection, and bribery (including anticorruption), and which clearly states about respecting human rights as one of the codes in the Business Partner Code of Conduct, so we will respond to human rights issues that occur in our supply chain in a responsible manner. "

According to their 2021 report, 861 tonnes of paper were consumed in 2020