MSIG Insurance is a subsidiary of Mitsui Sumitomo Insurance and a member of the MS&AD Insurance Group.
In June 2004, MS&AD Insurance Group signed the UN Global Compact and voiced support for the Universal Declaration of Human Rights.
To demonstrate our Group’s commitment, approaches have been adopted in line with the ILO Core Labor Standards and the OECD Guidelines for Multinational Enterprises. An initiative that has resulted from that is the MS&AD Insurance Group Basic Policy on Human Rights, announced in February 2017.
Subsequently, at MSIG Singapore, we also developed our local Human Rights Policy. The policy reflects how we continually strive towards the highest ethical standard when it comes to respecting human rights throughout the organisation’s value chains.
MSIG Singapore’s Human Rights Policy
We believe that all individuals should be treated with dignity and respect. We respect basic human rights in all business activities, and not discriminate regardless of race, nationality, gender, age, ethnic origin, descent (family origin), social status, creed, religion, physical characteristics, disability, sexual orientation, gender identity or pregnancy.
We are guided by the provisions of the standards in the UN International Bill of Human Rights (which consists of the Universal Declaration of Human Rights), the corporate code of conduct in the UN Global Compact, and the principles concerning fundamental rights set out in the ILO Declaration on Fundamental Principles and Rights at Work, in the manner that they operate.
We support the UN Declaration of Human Rights articles, including the following principles:
- Right to be treated with dignity
- Right to be free from discrimination
- Right to security
- Right to fair trial and hearings
- Right to protection of own privacy
- Right to be protected from attacks or degrading treatment
- Right to just and favourable work conditions and remuneration
- Right to rest and leisure
- Right to protection of copyright
- Right to freedom of opinion and expression
We have put in place a robust system to monitor the design and implementation of internal policies to ensure they comply with our Group’s human rights commitment. This includes assessment and prevention of any actual and potential human rights risks; remediation if human rights have been found to be adversely impacted; and education and training of employees to raise awareness.
As a socially responsible employer, it is our obligation to create an open and harmonious culture where the fundamental rights of each employee are protected. The promotion of a bias-free, positive working environment is a commitment that we will undertake.
We will also advocate for the same level of commitment from our business partners and suppliers where we can exercise influence.
If you have any enquiries or concerns on MSIG Singapore’s Human Rights Policy and practices, please contact us.
Human Rights enquiries