Panasonic will continuously implement and improve its "human rights due diligence" system, in accordance with the “United Nations Guiding Principles on Business and Human Rights”. This system is intended to identify, prevent, and mitigate adverse human rights impacts related to our business activities, products, services, and transactions, and also to explain how we address these impacts to relevant stakeholders.
Our business operations and business relationship with large numbers of customers and suppliers, direct or indirect, may change over time and human rights risks may change over time as well. Therefore, we will observe Panasonic entities and their value chains on an on-going basis to identify the areas most at risk for adverse human rights impacts and areas where we will have leverage to address them. We will prioritize these areas in our human rights due diligence.
In particular, with regard to our procurement activities that pose an increased risk of human rights abuses, we will strengthen dialogue with our suppliers, enhance the effectiveness of our human rights due diligence with their understanding and supports, and seek to prevent or mitigate human rights risks not only at our direct suppliers but also in our supply chain as a whole.
To address adverse human rights impacts and to continuously improve our efforts, Panasonic will engage in dialogue, discussion, and collaboration with relevant internal and external stakeholders.
We will also disclose these efforts through our corporate website and related reports and other communication channels.