KAORI Publishes First Human Rights Due Diligence Report

Kaori Heat Treatment Co. Ltd. (8996.TW) ("Kaori"or the"Company"), a leading provider of brazed plate heat exchangers and hydrogen technologies, has officially released its Human Rights Due Diligence report, conducted by an independent third-party organization. The company is the first in its industry to publicly disclose such a report, underscoring Kaori's strong commitment to human rights protection and corporate social responsibility.

The assessment, conducted from July 2023 to June 2024, covered all in-house employees at Kaori’s Taiwan operations. It evaluated human rights risks based on employees' actual workplace experiences via a structured questionnaire, with findings verified through third-party interviews and on-site audits.

The assessment was carried out in accordance with multiple international frameworks and sustainability standards, including:

• The UN Global Compact 

• The International Bill of Human Rights 

• UN Guiding Principles on Business and Human Rights (UNGPs) 

• ILO Declaration on Fundamental Principles and Rights at Work 

• ILO Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy (MNE Declaration) 

• EU Corporate Sustainability Due Diligence Directive (CSDDD)

The four key categories of human rights issues—working conditions, physical and mental well-being, diversity and inclusion, and ethical governance—were identified and analyzed by a third-party organization, with the overall human rights risk level assessed as medium to low.

The report focuses on four key categories of human rights topics: working conditions, physical and mental well-being, diversity and inclusion, and ethical governance. A total of 23 human rights risk issues were identified and analyzed in depth. The overall risk level was assessed as medium to low.

The report presents potential risk identification, stakeholder interviews, on-site audits, and recommended mitigation and remediation measures. Based on these insights, Kaori will further enhance its human rights governance by improving relevant policies and systems. 

Kaori firmly believes that businesses must balance economic performance with a responsibility to uphold human rights and respect the fundamental rights of all employees and stakeholders. Through this report, the company strives to establish a new standard of transparency and responsible governance in the industry.  

The full report is now publicly available for access and review.