Supply Chain Management
Policy/Basic Concept
Our company strongly recognizes that suppliers and vendors are indispensable business partners in the development of our business activities. Regarding various social issues, including environmental and human rights issues, it is important to avoid or minimize unintended negative impacts throughout the supply chain with the cooperation of everyone.
To respond to the realization of a sustainable society throughout the supply chain, our company has formulated a sustainable procurement policy.
Sustainable Procurement Policy
1. Compliance
Our company pays attention to compliance, adheres to domestic and international laws, and promotes procurement based on social ethics.
2. Ensuring Optimal Quality and Stable Supply
Our company promotes procurement with an awareness of quality, cost, and supply.
3. Fair and equal trading practices
In transactions with suppliers, our company interacts with common sense and sincerity, promoting fair and equitable procurement.
4. Consideration for Human Rights and Labor Environment
Our company respects the human rights of all people in accordance with various international norms related to human rights and promotes procurement that considers the labor environment.
5. Consideration for the global environment
Our company complies with environmental regulations and promotes procurement that considers the global environment.
6. Appropriate information management
Our company recognizes the importance of information obtained through procurement activities, maintains confidentiality, and manages it appropriately.
7. Implementation of education and training
Our company conducts necessary education and training for those involved in procurement activities to fully recognize the importance of sustainable procurement.
8. Sustainable Procurement
Our company requests compliance with the 'Supplier Code of Conduct' from business partners and promotes the building of sustainable partnership relationships based on mutual trust.
Promotion Structure
Our company has established an SDGs committee as a voluntary advisory body to the board of directors to systematically expand and promote the group's sustainability efforts from a medium- to long-term perspective.
The SDGs Committee meets monthly to deliberate on the identification of sustainability-related risks, opportunities, and materiality (key issues), as well as policies and strategies related to sustainability, and the setting of non-financial KPIs and goals, under the supervision and advice of the Board of Directors.
In the field of supply chain management, efforts and challenges are positioned as important management themes and are deliberated. Based on the discussions in the committee, dedicated ESG personnel and the purchasing department collaborate to promote sustainable procurement. Additionally, the deliberation content is reported to the board of directors as necessary, overseeing the execution to achieve sustainability management.