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TOKYO, Dec 11, 2017 - (JCN Newswire) - Showa Denko ("SDK"; TSE:4004) has acquired the highest-level rating from Development Bank of Japan Inc. (DBJ) for its efforts concerning disaster prevention and business continuity management (BCM). SDK acquired this rating for the second time in a row, following its first acquisition in 2012. SDK today received a loan from DBJ based on this rating.
 | | In December 2017, SDK received a loan from DBJ, based on the highest-level BCM rating in recognition of SDK's business continuity management. |
DBJ evaluates firms' efforts to prepare disaster prevention plans and strengthen BCM, as a means for minimizing damage to business assets and for enabling business continuation and smooth rehabilitation. This time, SDK is awarded the highest-level BCM rating in recognition of various steps it has taken inside and outside Japan. These steps include continuous risk reduction through comprehensive risk evaluation each year, and preparation/renewal of business continuity plans considering characteristics of products and businesses and using a model form of the head office. SDK has also been recognized for its close cooperation over many years with local governments in the area of disaster prevention.
Under the ongoing medium-term business plan "Project 2020+," the Showa Denko Group is aggressively advancing into growing markets, centering on foreign countries. In the meantime, through the experience of natural disasters and others, the Group is keenly aware of its important responsibility for supplying its products as well as the impact on society in the event of a disruption in the supply. In view of the expanding scope of its business activities, the Group will continue its efforts to establish a business system resistant to disaster at home and abroad, thereby contributing toward creating a society where affluence and sustainability are harmonized.
Contact:
IR & PR Office
Phone: 81-3-5470-3235
Topic: Press release summary
Source: Showa Denko K.K.
Sectors: Chemicals, Spec.Chem
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From the Asia Corporate News Network
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