The Citizen Group is an interesting organisation, noted for its watches and other timepieces. The…

The Citizen Group is an interesting organisation, noted for
its watches and other timepieces. The reason for featuring the corporation is
not so much for any specific good deeds, but rather the companys broader
commitment to notions of corporate citizenship. The President of the company
heads the Citizen CSR Committee, which was instituted in October 2003. The
company has developed a Citizen Code of Conduct that speaks to the
corporations values and ethics. The code has eight commitments, with
commitments 14 concerned with, respectively, products and services; open
competition;

The Citizen Group is an interesting organisation, noted for
its watches and other timepieces. The reason for featuring the corporation is
not so much for any specific good deeds, but rather the companys broader
commitment to notions of corporate citizenship. The President of the company
heads the Citizen CSR Committee, which was instituted in October 2003. The
company has developed a Citizen Code of Conduct that speaks to the
corporations values and ethics. The code has eight commitments, with
commitments 14 concerned with, respectively, products and services; open
competition; corporate information; and a respectful environmental policy. These
are laudable and hopefully reasonably standard commitments. For our purposes,
in terms of corporations that appear to be moving beyond specific but localised
CSR initiatives, the Citizen Group displays in commitments 58 an articulation
of a corporation that does appear to be walking the talk of corporate
citizenship (the name of the corporation being highly apposite).

In my view [Chair of the CSR Committee] CSR initiatives are
an integral part of our business activities. Its not something new that we
have to begin. Rather, the way I see it, what we need to do is have a fresh
look at our business activities in the context of our relationships with the
various stakeholders who support Citizen, and ask anew how we can put this new
CSR approach into our business activities last year when other companies in
Japan suffered from various corporate scandals, I felt that Citizens culture
served us well as a precious asset to help us avoid such problems. Now that
Citizen has announced CSR as an important pillar of management, I would like to
do my best to help preserve our corporate culture, robustness, honesty and
openness.

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