Company Directory - Asahi Kasei Corporation
Company Details - Asahi Kasei Corporation
Asahi Kasei Corporation
WebsiteTokyo, Japan
ISIN: JP3753800002
Asahi Kasei Corporation is a Japanese multinational company active in chemicals, fibers, and healthcare. The company develops, manufactures, and markets a broad range of products including advanced chemical materials, synthetic fibers, and healthcare solutions, and is known for its commitment to innovation and sustainable practices.
CCI Score
CCI Score: Asahi Kasei Corporation
23.26
-0.01%
Latest Event
Asahi Kasei Lobbying Activity 2024
The Asahi Kasei Group spent $110,500 on lobbying efforts in 2024, raising concerns about corporate influence on democratic processes and potential support for authoritarian policies.
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SABOTEUR
Asahi Kasei Corporation is currently rated as a Saboteur.
Latest Events
- DEC312024
The Asahi Kasei Group spent $110,500 on lobbying efforts in 2024, raising concerns about corporate influence on democratic processes and potential support for authoritarian policies.
-40
Political Contributions and Lobbying Efforts
March 27
The company's lobbying expenditure of $110,500 in 2024 indicates a deliberate effort to shape policy in ways that may undermine democratic accountability. From an anti-fascist perspective, such corporate political spending is concerning as it can facilitate undue corporate influence over political decisions and potentially support authoritarian policies.
- SEP012024
Asahi Kasei Corporation published its updated Supplier Code of Conduct to enforce high standards in labor rights, human rights, and ethical supply chain management. The document details comprehensive measures including the prohibition of forced labor, adherence to working hour laws, non-discrimination, and robust environmental and safety practices. These policies demonstrate a strong commitment to ethical business conduct that indirectly resists authoritarian practices by promoting transparency and respect for human dignity across the supply chain.
+90
Labor Relations and Human Rights Practices
March 27
The Supplier Code of Conduct outlines strict guidelines on labor relations and human rights, emphasizing the prohibition of forced labor, child labor, and all forms of discrimination. By enforcing humane treatment for workers, the company positions itself strongly against exploitative practices that could enable authoritarian or fascistic tendencies in labor management.
+90
Supply Chain Ethics
March 27
The code also sets out clear expectations for ethical sourcing and supply chain practices. By mandating responsible procurement, adherence to environmental standards, and fair business dealings, Asahi Kasei ensures that its supply chain partners comply with international ethical norms, which diminishes the risk of enabling practices that could support authoritarian economic structures.
- JUN252024
Asahi Kasei has implemented a robust corporate governance framework emphasizing transparency, board independence, and proactive shareholder engagement. These practices facilitate fair, timely decision-making and effective oversight, thereby contributing positively against authoritarian corporate practices.
+80
Public and Political Behavior
March 27
Under the Public and Political Behavior category, Asahi Kasei demonstrates a commitment to transparency and accountability through its detailed governance practices. While not directly engaging in overt political activities, the company's strong dialogue with shareholders and transparent decision-making processes help build public trust, which is essential in countering authoritarian tendencies.
Corporate Governance | Governance | Sustainability - Asahi Kasei
+90
Business Practices and Ethical Responsibility
March 27
Within the Business Practices and Ethical Responsibility category, the company’s rigorous internal evaluations, transparent remuneration policies, and a structured board composition underscore a high standard of corporate ethics. This commitment not only supports sustainable growth but also reinforces practices that resist the centralization of power and potential authoritarianism.
Corporate Governance | Governance | Sustainability - Asahi Kasei
- SEP132022
The Japanese government unveiled guidelines urging companies to monitor human rights in their supply chains. The initiative highlights concerns that many Japanese companies, including major manufacturers like Asahi Kasei Corporation, are lagging in implementing robust human rights due diligence. This exposes potential vulnerabilities in supply chain ethics, contributing to broader issues of corporate complicity in perpetuating systemic abuses.
-30
Supply Chain Ethics
March 27
The government guidelines call on companies to strengthen their human rights due diligence in supply chains, a critical aspect of ethical business practice. As Japanese firms are generally observed to be slower in adopting these measures compared to their Western counterparts, there is a concern that companies like Asahi Kasei Corporation may not be proactively addressing supply chain human rights issues. This lack of robust due diligence can indirectly support systems of repression and complicity in broader authoritarian tendencies.
Japan prodding firms to monitor human rights in supply chains
- MAR082022
In March 2022, Asahi Kasei Corporation approved a comprehensive Human Rights Policy that outlines strict adherence to international human rights standards and robust labor practices. The policy emphasizes non-discrimination, the prohibition of forced labor, and proactive engagement with suppliers to uphold human rights, reflecting a strong commitment to ethical business practices.
+80
Labor Relations and Human Rights Practices
March 27
Asahi Kasei's extensive human rights policy, approved by the Board of Directors in March 2022, demonstrates a proactive and robust commitment to labor rights and ethical practices. The policy aligns with internationally recognized standards like the International Bill of Human Rights, ILO guidelines, and the UN Global Compact. Its comprehensive approach, including supplier engagement, human rights education, and grievance mechanisms, shows that the company is taking significant measures to ensure the respect and protection of human rights across its operations and supply chain.
- DEC312020
In 2020, Asahi Kasei Corporation spent $117,500 on lobbying efforts, as reported by OpenSecrets. This activity suggests the company is engaging in political influence that may be aimed at shaping policy outcomes in ways that could undermine democratic accountability and potentially support authoritarian practices.
-30
Political Contributions and Lobbying Efforts
March 27
Asahi Kasei Corporation’s reported lobbying expenditure of $117,500 in 2020 reflects corporate attempts to influence the political process. Given the left-leaning perspective that even modest lobbying spending can contribute to shaping policies in a manner that supports authoritarian and fascist tendencies, this activity is scored negatively. The use of corporate funds for political lobbying raises concerns about transparency and the potential to undermine democratic accountability.
Industries
- 3252
- Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing
- 3254
- Pharmaceutical and Medicine Manufacturing
- 3261
- Plastics Product Manufacturing
- 3345
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing