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  • Masaru Arai
    Fast Retailing has made significant improvements in managing human rights risks in its supply chain and on other sustainability risks following investor engagement.
  • We intensified our engagement with KEPCO shortly after the 2011 Fukushima nuclear disaster. While the damaged nuclear power stations were limited to those of Tokyo Electric Power at Fukushima, the operations of all nuclear power stations in Japan were halted after the disaster. Japan’s Nuclear Regulation Authority introduced new re-starting standards to reflect the lessons learned from the disaster. At the time, nuclear power made up approximately half of KEPCO’s production, which is why we urged the company to come up with alternative business strategies.
  • Kansai Electric Power Company (KEPCO) is one of the largest Japanese regional electricity producing enterprises, catering to consumers in the Kansai region, which includes Osaka, Kyoto and Kobe.
  • Soon after 29 November 1781, the crew of the slaver Zong were running out of water following several navigational mistakes. The ship’s Liverpool-based owners had insured the slaves as cargo – a common business practice. To ensure their own survival, but also to cash in on the lives of the slaves who would perish without water, the crew threw the 133 Africans overboard. Upon reaching port in Jamaica, the owners made a claim on the murdered slaves. But their insurer refused to pay, and the dispute was heard by Lord Chief Justice, the Earl of Mansfield, who deemed the captain and crew at fault. The Zong massacre became the first of several legal cases that led to the abolition of slavery.