KEYENCE

KEYENCE demonstrates commitment to incorporating accessibility considerations in its product design processes.

No evidence was found of the company having leading practices in this area.

No evidence was found of the company having leading practices in this area.

KEYENCE develops innovative products that incorporate sustainability considerations, such as its PR series of photoelectric sensors, GL-R series of safety light curtains and BT series of handheld mobile computers.

KEYENCE has an opportunity to initiate programmes to enhance access to digital technologies. The company also has an opportunity to disclose how the economic value it generates is distributed across its stakeholders, as well as its income taxes paid and employment in its main markets.

KEYENCE has an opportunity to contribute to the development of digital skills by launching relevant initiatives.

KEYENCE can strengthen its performance by disclosing roles and responsibilities for cybersecurity oversight, as well as how it monitors, remedies and reports on security incidents. It can also obtain and provide evidence of its information security certifications aligned with international standards.

KEYENCE has an opportunity to contribute to open-source initiatives and innovation in the tech start-up ecosystem by providing venture capital investments and organising accelerators and incubators. It can also improve its disclosures on the share of women it employs in tech roles and how it considers ethics in its research and development (R&D) activities.

KEYENCE commits to respecting human rights and the ILO core labour rights and expects its business relationships to uphold the ILO core labour rights as well. However, the company does not identify, assess or take action to address salient human rights risks in its own operations and in its business relationships. The company’s grievance mechanisms to raise human rights considerations are accessible to its workers, but not to external stakeholders. Additionally, KEYENCE does not identify and engage with the stakeholders whose human rights are or may be impacted by its operations.

KEYENCE commits to respecting worker health and safety, but it does not disclose relevant quantitative information such as the number and rate of fatalities as a result of work-related injuries, the main types of work-related injuries and the number of hours worked. While it requires its business relationships to ensure the health and safety of their workers, it does not disclose how it monitors their performance. Furthermore, the company does not disclose a policy commitment stating that it does not require workers to work more than the regular and overtime hours, nor explicitly states if it expects its business relationships to make this commitment. KEYENCE does not have a public commitment or time-bound targets regarding gender equality and women’s empowerment. There is also scope for the company to provide a breakdown of its employees in different employee categories against different indicators of diversity (age, gender, etc.).

KEYENCE has anti-bribery and anti-corruption policies. However, it does not include anti-bribery and anti-corruption clauses in its contracts with business relationships. Additionally, it does not provide a global tax strategy and does not disclose its income tax payments in individual tax jurisdictions. The company also does not disclose its approach to lobbying and political engagement. Specifically, the company has no public statement indicating that it does not make political contributions, and it does not disclose its lobbying expenditures.