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Sumitomo Bakelite Strengthens Governance and Diversity

Sumitomo Bakelite Strengthens Governance and Diversity

Sumitomo Bakelite Co., Ltd. (JP:4203) has released an update.

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Sumitomo Bakelite Co., Ltd. commits to robust corporate governance by emphasizing shareholder rights, transparency, and stakeholder engagement to drive sustainable growth and long-term corporate value enhancement. The company adheres to the principles of the Corporate Governance Code, regularly reviewing cross-shareholdings for economic rationale and corporate value contribution. It also prioritizes Diversity, Equity, and Inclusion (DE&I) in its management actions, including the establishment of a dedicated DE&I Promotion Department.

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