Business Continuity Plan (BCP)
Policies
The Foster Group will prevent and avoid various business risks and crises. The Group promotes initiatives to build a global system for addressing risks that materialize or occur by prioritizing the minimization of damage to the Group and avoiding inconveniences to customers, with the cooperation and assistance of its supply chain.
Activity Promotion Structure
The Foster Group promotes business continuity through the function recovery activities undertaken by each function department and through collaboration with Board of Directors and the task forces at each site in accordance with the decisions made by the Risk and Crisis Management Committee consisting of its senior management.
Main Activities and Measures
Operation of the emergency-contact system (Safety Confirmation System)
In Japan, which is a disaster-prone country, we operate our emergency-contact system and take initial response measures promptly.
Disaster-prevention activities
In fiscal 2024, we took the update to the probability of Nankai Trough earthquakes as an opportunity to have a BCP drill conducted jointly by our domestic facilities. Through preparations for the drill, we identified potential risks and carried out improvement activities. We are working to establish a BCP structure that has the resilience to withstand unforeseen circumstances. We also continued to sign disaster-prevention agreements with neighboring companies. In recent years, we will build a new disaster-prevention system which reflects our consideration of teleworking initiatives through workstyle reform.
Activities in the United Nations Global Compact
We signed the United Nations Global Compact and have participated in the Disaster Risk Reduction (DRR) Subcommittee since 2017. To fulfill the social roles expected of companies in disaster prevention and mitigation amid the increasing occurrence of major disasters across the world, we examine and implement specific contribution measures and take actions with an aim to implement the Sendai Framework for Disaster Risk Reduction and contribute to the achievement of the SDGs.
Pest control measures
We regularly take measures to prevent the occurrence of pests at overseas manufacturing sites. We thus prevent damages from pests including red imported fire ants, which have gone on the rampage in the past.
Disaster drills
At overseas sites, we conduct disaster drills once a year. With top priority given to the safety of employees, the drills are aimed at preparing for spread of infection as well as for a fire as in conventional drills.
Targets and Results
We carry out activities with a focus on the continuation of the validation and global expansion of the BCP structure. In fiscal 2024, we enhanced the level of our initial response capabilities through BCP drills, improved their contents, and established a framework for disaster scenarios.
