RENOVA Sustainable Construction Policy

Introduction

In accordance with our Corporate Philosophy, RENOVA operates a renewable energy business that aims to realize a sustainable world by establishing green, self-sustaining, and large-scale energy systems deployment. As an important part of our activities, we have established the RENOVA Sustainable Construction Policy, which consists of “RENOVA’s Fundamental Construction Policy” and the “Code of Conduct for Our Service Providers,” in order to advance efforts to reduce environmental impact throughout our supply chain towards our end goal of realizing a sustainable world.
We ask our service providers to review the Fundamental Construction Policy and Code of Conduct below, and to ensure that they comply with the requirements.

Corporate Philosophy

Our Mission
To create green and sustainable energy systems for a better world
Our Vision
To become Asia’s renewable energy leader
Our Commitments
The Earth
To contribute towards a sustainable society and planet
Communities
To create value in partnership with local communities, and respect their heritage and cultures
Customers
To generate clean and efficient energy for our customers
Shareholders
To generate sustained growth in shareholder value
Employees
To gather the best people, and provide exciting career and growth opportunities for our employees
  1. RENOVA’s Fundamental Construction Policy

    RENOVA’s Fundamental Construction Policy defines the basic stance that RENOVA will adopt in its construction activities.

    • RENOVA’s purpose as a company is to address key societal issues by establishing green and self-sustaining energy systems.
      We hope that our service providers will endorse our Corporate Philosophy and, through construction activities, work together with us to promote energy transformation in Japan and Asia.

    • RENOVA will provide equal business opportunities to all of our service providers, regardless of nationality, company size, business experience, and other factors, and will engage in fair business practices in order to build relationships based on mutual trust.

    • RENOVA aims to realize a sustainable world through the development of green energy, and also believes that it is important to reduce the environmental impact and achieve coexistence and co-prosperity with local communities through construction, which is an important process in attaining this goal, in order to enhance the sustainability of the earth and local communities. At the same time, we strive to achieve high quality and economic efficiency to improve the sustainability of our businesses.

    • RENOVA believes that it is important to implement construction work safely and according to plan in accordance with the above policy. Health, Safety and Environment (HSE) shall be in accordance with “RENOVA HSE Policy”.

  2. Code of Conduct for Our Service Providers

    The Code of Conduct for Our Service Providers (hereafter the “Code of Conduct”) clearly defines matters that should be addressed throughout the supply chain in order to fulfill RENOVA’s social responsibilities in the course of its business activities.
    RENOVA expects both our service providers and their suppliers to comply with the requirements described in this Code of Conduct.

    • Consideration for the local and global environment

      Working together with our service providers, RENOVA aims to ensure that its construction activities throughout the supply chain are conducted in an environmentally friendly manner, both with regard to the global environment and the regions in which RENOVA and its service providers operate. We will also fulfill our responsibility to protect the health and living environment of residents in the communities in which we operate.
      We require our service providers to comply with the following:

      • Acquisition and maintenance of environment-related permits and licenses, and compliance with relevant laws and regulations

        Our service providers must obtain all environment-related permits and licenses required for their business, maintain these permits and licenses to a high standard, and comply with all environment-related laws and regulations related to their businesses.
        In addition, they must constantly strive to develop ways to reduce their environmental footprint and promote initiatives aimed at minimizing environmental impact.
        They must also cooperate in disclosing data on their environmental efforts.
      • Management of emissions

        Our service providers must establish processes to ensure proper management of emissions such as waste materials, exhaust, and wastewater. In situations where releasing emissions that could potentially impact human health or the environment into the atmosphere, ocean, etc. is unavoidable, they must take measures to ensure compliance with laws and regulations and environmental standards, and establish systems and mechanisms to ensure that such measures are properly implemented.
      • Reduction of greenhouse gas emissions

        Our service providers are expected to implement measures to reduce greenhouse gas emissions as much as possible and to restrict emissions to a minimum. They should make continuous efforts to achieve further reductions with the aim of achieving carbon neutrality throughout the entire supply chain.
      • Reuse and recycling of resources

        Our service providers are expected to promote efficient use of resources and implement measures to reduce waste, such as reusing and recycling materials.
    • Respect for human rights and protection of workers’ rights

      In conjunction with our service providers, RENOVA is committed to respecting and protecting the human rights of all individuals, including workers throughout our entire supply chain.
      We require our service providers to comply with the following:

      • Prohibition of forced labor

        Our service provider must not use forced labor or trafficked labor under any circumstances. They must not require payment in order to obtain work or restrict the movement of individuals.
      • Prohibition of child labor

        Our service providers must not tolerate child labor. They must not allow workers under the age of 18 to engage in work that may endanger their health or safety.
      • Prohibition of discrimination

        RENOVA does not tolerate harassment or unfair discrimination in any form. Our service providers must not treat anyone differently or disadvantageously on the basis of characteristics that are not related to the unique requirements of the job in question (race, gender, religion, age, disability, origin, etc.)
      • Ensuring worker health and safety

        Our service providers must establish measures to ensure worker health and a safe and comfortable work environment, and maintain workplaces in a safe and hygienic state.
      • Assessment of Human Rights Risks

        In assessing human rights risks in business activities, consider sector risks, geopolitical risks, and product (raw material/supply chain) risks, and conduct assessments on an ongoing basis.
      • Establish a remedy mechanism

        Implement and maintain the establishment of a remedy mechanism for harassment and all other human rights violations, including consultation services, in cooperation with internal and external parties (labor relations departments and outside attorneys)
    • Compliance with laws and social norms

      We require our service providers to comply with all applicable laws, regulations, and social norms in the course of their business activities.

      • Prohibition of bribery, etc.

        Our service providers must not pay or accept bribes or be involved in any other illegal activity when dealing with governments, or through intermediaries.
      • Exclusion of antisocial elements

        Our service providers must not engage in any form of relationship with antisocial elements or groups that threaten social order or safety. They must not provide any form of benefit to antisocial elements.
      • Exclusion of inappropriate suppliers

        Our service providers must not procure goods from companies that violate human rights in their manufacturing processes, etc., and they must not engage in procurement transactions that serve as a source of funding for militant groups.
      • Respect for intellectual property

        Our service providers must respect all intellectual property rights, including patents, copyrights, trademarks, and take due care to avoid infringing on such rights.
    • Execution of construction

      We require our service providers to comply with the following items when executing the construction work.

      • Compliance with safety and plan

        Our service providers must develop a project execution plan and HSE management plan with sufficient safety considerations and disseminate them to their workers and, where appropriate, to local stakeholders before executing construction works. Even during construction execution, if there are improvements that need to be made in light of these guidelines, they must not hesitate to implement them.
      • Co-prosperity and coexistence with the community

        Our service providers must recognize that the community is an important stakeholder in the execution of the work.
      • Compliance with local laws and regulations

        Our service providers must comply with the local laws and regulations applicable to the execution of the construction works adopted in the country/region.
    • Establishment of management and operating systems

      We expect our service providers to establish management and operating systems to ensure compliance with this Code of Conduct.
      RENOVA may require our service providers to complete surveys, etc. in order to confirm the status of compliance with this Code of Conduct. Completion of such surveys upon request is compulsory.