Joyson Safety Systems
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Human Rights
- Environmental Standards
- Supply Chain Due Diligence
Social Achievements
- Implemented a Code of Ethics and Business Conduct supplemented by a Human Rights and Working Conditions Policy to uphold human rights and environmental standards.
- Incorporated human rights and environment-related due diligence and reporting requirements into existing management systems.
Governance Achievements
- Established a Global Sustainability Office responsible for establishing and monitoring human rights obligations.
- Implemented a compliance management system with protected reporting and complaint channels.
Climate Goals & Targets
Environmental Challenges
- Potential human rights and environmental risks in global supply chains, including child labor, forced labor, conflict minerals, occupational safety hazards, discrimination, unfair working conditions, data protection risks, environmental pollution, land rights restrictions, and corruption.
Mitigation Strategies
- Ongoing due diligence assessing potential and actual impacts of business operations and supplier relationships.
- Risk-based approach focusing on high-risk locations.
- Two-step risk analysis (abstract and specific).
- Gap analysis to determine mitigation needs.
- Use of self-assessment questionnaires and third-party screening platforms for supplier risk assessment.
- Implementation of remedial actions for violations.
- Supplier Code of Conduct requiring compliance with laws, human rights, and ethical business practices.
- Establishment of complaint procedures and reporting channels.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, UN Guiding Principles on Business and Human Rights, ILO Declaration on Fundamental Principles and Rights at Work, ILO MNE Declaration, OECD Guidelines for Multinational Enterprises