Respecting Human Rights

The Human Rights Policy of Dai-ichi Life Group

• 1.
  Introduction
• Since its founding in Japan in 1902, the Dai-ichi Life Group has contributed to people's secure and prosperous living and the development of local communities through the provision of life insurance and related services.
  The Dai-ichi Life Group recognizes that our business operations need to be conducted in line with social expectations. Through the course of our business, we understand that our activities could impact human rights.
  The need to respect and proactively protect human rights is embedded within the Dai-ichi Life Group Code of Conduct. We respect the culture and customs in each country and region and operate in a way that contributes to local development. We respect human rights of all people and actively promote human rights awareness. With one of the values of the Dai-ichi Life Group Principles, “We care”, we care for our customers, business partners, employees, and the communities and environment in which we operate.
  This Human Rights Policy further outlines the global approach for putting into practice “respect for human rights” as described in the Dai-ichi Life Group Code of Conduct, in line with the United Nations' “Guiding Principles on Business and Human Rights”. This policy applies to all executives and employees of the Dai-ichi Life Group companies. This policy has been approved by the Board of Directors. In order to prevent and correct human rights issues, the Group Sustainability Committee, chaired by Chief Sustainability Officer, will instill this policy within the group and promote efforts based on this policy. In addition, the Group Human Rights Awareness Committee, chaired by the officer in charge of the human resources unit, will promote human rights awareness efforts.
• 2.
  Our Commitment to the Standards and Initiatives Related to Human Rights
• The Dai-ichi Life Group strives to fulfill its responsibility to respect human rights by not infringing on human rights of stakeholders affected by our operations, or through our business partners. The Dai-ichi Life Group prohibits child labor and forced labor and human trafficking. The Dai-ichi Life Group respects internationally recognized human rights, including those expressed in the International Bill of Human Rights and the Core Labor Standards of the ILO. We also comply with the applicable laws of the countries and regions where we operate and support the OECD Guidelines for Multinational Enterprises Responsible Business Conduct. Furthermore, the Dai-ichi Life Group upholds, and has become a signatory to, the UN Global Compact and Women's Empowerment Principles.
  If internationally recognized standards are higher than or in conflict with local laws, we seek ways to honor the principles of internationally recognized human rights while complying with the local laws. The Dai-ichi Life Group is committed to conducting appropriate human rights due diligence to prevent or mitigate adverse impacts that our business operations could have on human rights. If we identify that we have caused or contributed to negative impacts, we endeavor to remediate such impacts. We also work to integrate human rights perspectives in our existing operational procedures.
• 3.
  To Executives and Employees
• The Dai-ichi Life Group requires all executives and employees to respect human rights.
  We are also committed to ensuring equal opportunities for all employees, promoting diversity, equity & inclusion and do not tolerate discrimination for any reason, including nationality, race, ethnicity, age, religion, thought and beliefs, gender, birth, disability, sexual orientation and gender identity. In recruiting activities, we will respect human rights and work on fair selection. In addition, we do not tolerate any form of harassment, such as any words or actions that would impair the dignity of an individual nor any other behavior that could constitute as physical or mental harassment.
  The Dai-ichi Life Group will create a support system that enables every employee to take an active role in eliminating concerns and worries at work.
• 4.
  To Customers
• The Dai-ichi Life Group strives to respect the human rights of the customers, not only through preventing or mitigating adverse human rights impacts that could be related to our products and services, but also through promoting social inclusion and empowerment of all customers.
• 5.
  To Financial Institutions
• The Dai-ichi Life Group is committed to respecting human rights when investing and lending. We will incorporate the perspective of respect for human rights in investment decisions and stewardship activities.
• 6.
  To Business Partners
• The business activities of the Dai-ichi Life Group are supported by suppliers who provide goods and services to us, such as facilities, information systems, and outsourcing, as well as other business partners, such as agencies who sell insurance products on our behalf. We expect all of our business partners to respect human rights.
• 7.
  To Local Residents
• The Dai-ichi Life Group strives to respect the human rights of local residents in which it conducts business activities.
• 8.
  Training and Awareness-raising
• The Dai-ichi Life Group works to raise awareness on human rights based on our belief that respect for human rights is fundamental to our business. We consider ourselves to be a people first organization. We believe that it is important to continuously implement awareness-raising activities on human rights for our executives and employees to properly understand human rights issues and integrate this knowledge into their day-to-day activities. The person in charge of the Human Rights Awareness-Raising at Dai-ichi Life Holdings will promote human rights awareness and training across the group.
• 9.
  Disclosure and Engagement
• The Dai-ichi Life Group regularly discloses our efforts related to human rights on our website. We will continuously work on developing appropriate mechanisms to capture concerns about human rights issues. The Dai-ichi Life Group places importance on engagement with our stakeholders (purpose-led dialogue), in order to enhance transparency and ensure we act responsibly. Through such dialogues, we received valuable input from our stakeholders during the development of this policy. We continue to seek feedback from our stakeholders to enhance this policy as necessary.

(Effective in April 2020)
(Revised in April 2024)