Mazda Risk Management is committed to taking appropriate measures to minimize various internal and external risks so as to ensure the continuous, stable progress of business activities.
Based on the recognition that "all Mazda directors and employees are expected to take the initiative for risk management," the Company manages potential risks in reference to the Basic Risk Management Policy, Risk Management Regulations, and other related internal regulations. Individual business risks are managed by the department in charge of that business area, while departments that carry out business on a company-wide basis are responsible for carrying out appropriate management of respective company-wide risks according to the risk level.
- In the event of incidents that fall outside the scope of existing risk management organizations and require a coordinated interdepartmental response, the director in charge of risk management will consult with the president, establish an emergency response taskforce, and appoint a general manager of this taskforce.
Mazda appropriately manages the risks facing the Company, in accordance with the Basic Risk Management Policy, Risk Management Regulations and other related internal regulations. For individual business risks, the department in charge of that business area is responsible for carrying out appropriate management, whereas for company-wide risks, it is the responsibility of departments that carry out business on a company-wide basis.
Additionally, in the event of emergencies such as a major incident or accident, Mazda will take measures that it deems appropriate, including the establishment of an emergency response task force if needed.
In the following ways, Mazda will strive for the enhancement of corporate value and harmony with the community, thereby realizing the Company's corporate vision:
- Ensure the health and safety of all members of the Mazda Group, and of local citizens
- Maintain and increase the trust of the community
- Make appropriate use of the tangible and intangible corporate assets of the Mazda Group
- Secure interests of the stakeholders, earn their trust, and meet their expectations
- Support the functions of the organization, and seek a rapid restoration of business activities in the event of abnormal circumstances or emergencies
All executives and employees will be aware of potential risks in every phase of corporate activity and will thoroughly implement appropriate risk management.
Mazda is constructing the necessary systems and rules for the following two categories of activities.
- Employees should be engaged in constant prevention and reduction of risk in their day-to-day work, and in promotion of risk prevention measures (risk management).
- Employees should be engaged in minimizing damage and speeding recovery if any crisis should occur (crisis control).
- Applies to all business risks
- Applies to the entire Mazda Group, including subsidiaries and affiliates
Readiness for emergencies is a major part of risk management. Mazda conducts a wide range of drills every year, based on its fire and disaster prevention management regulations, emergency management regulations, and other in-house rules. company-wide emergency contact drills, evacuation drills, fire drills, and other emergency drills are conducted every year, preparing all employees for an all-important early response in times of emergency. In FY2010, a total of 729 evacuation drills and fire drills were conducted across all Group companies, with 17,997 employees participating.
Mazda's response procedures in the event of a disaster at a supplier are summarized in the Supplier Disaster Crisis Management Regulations. These regulations spell out the response framework when such events occur, first response, and measures to support restoration.
In FY2003, Mazda began putting into practice measures to prepare for major earthquakes. Seismic retrofitting was implemented in buildings and production facilities in a planned, coordinated manner. In FY2007, similar measures began at other Group companies, as the Mazda Group moved to make seismic retrofitting universal at all Group companies.
In order to prepare its employees for various emergencies, Mazda implements preparatory measures throughout workplaces and conducts emergency-response drills. In addition, a Disaster Response Card is issued to each employee, spelling out the code of conduct expected of employees in the event of an earthquake or other disaster to ensure the correct handling of such events.
Mazda has long been concerned about the threat of influenza, including bird influenza and the new varieties of influenza that may have arisen from it. The Company has formed a framework for liaison and information-sharing among Group companies throughout Japan and around the world, and has increased its supply of masks and disinfectant to Group locations.
In April 2009, a new strain of influenza A, called H1N1, began to spread, and in response Mazda established a response headquarters with the Executive Vice President appointed as the General Manager. The Company also announced measures to prevent infection and procedures to follow in case of exposure, while considering the regional nature of this disease. Looking ahead, Mazda is continuously examining a number of possible measures to prevent the spread of infectious diseases and ensure the continuity of Company operations.
