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Japan-EU-OECD Seminar on Supporting International Collaboration on RBC/CSR Held

October 21, 2019

The Ministry of Economy, Trade and Industry (METI), the European Committee (EC), and the Organisation for Economic Co-operation and Development (OECD) jointly held a Japan-EU-OECD Seminar on Supporting International Collaboration on RBC/CSR, or corporate social responsibility, in Bangkok, Thailand on June 13, 2019. METI will continue to cooperate with overseas governments and international organizations, support CSR efforts inside and outside Japan, and encourage companies to improve their sustainable corporate value.

As the globalization of business activities has been advancing, establishing international cooperation relationship and enhancing mutual understanding between countries are indispensable in conducting CSR policies. Bearing this issue in mind, METI and the EC agreed on the establishment of the Japan-EU Working Group on Corporate Social Responsibility at the 16th Japan-EU Industrial Policy Dialogue* in January 2013, and since then, the two sides have been holding annual dialogues on CSR policies.

Japan and the EC held the Fifth Japan-EU Working Group on Corporate Social Responsibility on November 23, 2018. At the meeting, the two sides held discussions on the importance of their commitment to CSR efforts with an eye not only on the situations in their own countries and regions but also on the current situations of global supply chains, and they agreed that Japan and Europe will collaboratively hold a joint seminar in a third country to raise awareness of CSR.

In response to the agreement, on June 13, 2019, METI and the EC, in cooperation with the OECD, held a Japan-EU-OECD Seminar on Supporting International Collaboration on RBC/CSR in Bangkok, Thailand, as a side event of the Responsible Business and Human Rights Forum.**

At the seminar, METI conveyed information on Japan’s efforts, including explanations of: Japan’s current situation in which many companies focus on SDGs as the important points of contention in the field of business management; and the Guides for SDG Business Management compiled by METI in May 2019.

For details of the discussions, see Summary Report in Appendix.

The outcomes of the seminar will be reported to the Sixth Japan-EU Working Group on Corporate Social Responsibility as part of the Japan-EU Industrial Policy Dialogue to be held in November 2019 in Tokyo. METI will continue to cooperate with the EC and other international organizations, support CSR efforts inside and outside Japan and encourage companies to improve their sustainable corporate value.

Notes:

*1. Japan-EU Industrial Policy Dialogue: In January 1993, then-MITI (currently METI) Minister Mori and then-European Commission Vice President Bangemann agreed on the inauguration of Japan-EU dialogues to discuss bilateral cooperation and other issues in the industrial field. Since the first dialogue was held in Brussels in 1993, a series of dialogues have been held alternately in Japan and Europe.

**2. The Responsible Business and Human Rights Forum: This forum is an event bringing together multi-stakeholders in all fields to address issues under the Responsible Business Conduct and Business and Human Rights Agendas. The forum was co-organized by the government of Thailand, the OECD, the United Nations (UN) Development Programme (UNDP), the UN Economic and Social Commission for Asia and the Pacific (ESCAP) and the International Labour Organization (ILO) and held with the participation of the UN Working Group on Business and Human Rights.

Division in Charge

Corporate Accounting, Disclosure and CSR Policy Office, Economic and Industrial Policy Bureau