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  4. Procurement Gguideline

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Policies

Procurement Guideline

Now that companies are supposed to play an even greater role for the good of the environment and society than before, we at the Mitsuboshi Belting Group believe that it is important for us to strive as one with our business partners, as well as on our own, to enhance environmental and social value through business activities. We ask that you, business partners of the Mitsuboshi Belting Group, uphold the philosophy and values of the Group and promote business activities in accordance with these Guidelines.
  1. Procurement Guideline

    1. Thorough compliance

    We ask that you act in good faith and comply with all applicable laws, regulations, and social norms of the country or
    region where you conduct business activities.

     

      • Respect corporate ethics and abide by internal regulations. Do not engage in any misconduct.
      • Execute operations and education based on your policy and framework for thorough compliance and on
        various systems, including the internal reporting system.

    2. Respect for human rights and consideration for the working environment

    We ask that you respect human rights and the personality of each individual and that you understand and uphold the
    Mitsuboshi Belting Group Human Rights Policy.

     

      • Do not tolerate any discrimination on the grounds of race, nationality, gender, sexual orientation, gender identity, age, religion, creed, ethnicity, immigration, disability, poverty, marital status, family status, or any other reason.
      • Do not engage in inhumane treatment, including abuse, corporal punishment, or any form of harassment, or any act that violates the dignity of a person.
      • Pay fair wages in compliance with applicable laws and regulations.
      • Comply with legal working hours and holidays.
      • Do not engage in any forms of forced labor.
      • Do not unreasonably require employees to hand over their identity documents or work permits or
        unreasonably collect deposits.
      • Do not employ children under the legal working age.
      • Guarantee your employees’ freedom of association and the right to collective bargaining.

    3. Consideration for the environment

    We ask that you actively promote various environmental initiatives to contribute to the realization of a sustainable
    society.

     

      • Establish an environmental management system that ensures the continuous improvement of your
        performance on environmental issues, and engage in activities to conserve resources and energy.
      • Work to reduce greenhouse gas (GHG) emissions.
      • Work to reduce and recycle waste.
      • Work to manage and reduce wastewater, sludge, and exhaust emissions.
      • Make effective use of water resources and address water risks.
      • Properly manage chemical substances in your products, grasp the amount of chemical substances
        handled, and report it to the regulating authorities.
      • Do not use any substances prohibited by laws and regulations in your products and manufacturing
        processes.
      • Conduct all business activities, including raw materials procurement, in consideration of the conservation of biodiversity, and strive to realize a sustainable society where people and nature coexist in harmony.

    4. Maintenance of fair corporate activities and prevention of corruption

    We ask that you conduct fair trade that respects commercial ethics and free competition and that you do not engage
    in private monopolies, unreasonable trade restrictions, or unfair trade practices (such as unfair competition and abuse
    5/8 of superior bargaining position).

     

      • Establish appropriate relationships with local governments and public officials, as well as customers and suppliers, and take measures to prevent corruption.
      • Eliminate any relationships with antisocial forces or organizations.
      • Respect the intellectual property rights, such as patent rights, copyrights, and trademark rights, of third parties.

    5. Ensuring of quality

    We ask that you take proactive measures to ensure stable quality.

     

      • Design, manufacture, and sell products that meet the safety standards stipulated by various laws and
        regulations and that ensure sufficient product safety.
      • Establish and maintain a quality assurance system that complies with quality management system
        standards, including ISO 9001

    6. Ensuring of safety and health

    We ask that you appropriately manage the health and safety of your employees and prevent accidents and disasters
    so that everyone can work with peace of mind

     

      • Comply with laws and regulations on safety and health.
      • Work to prevent occupational accidents through risk assessment and health and safety training.

    7. Strengthening of information security

    We ask that you prevent the leakage of confidential and personal information and strengthen information security.

     

      • Clarify the information assets to be protected, and manage and protect them appropriately.
      • Comply with laws and regulations on information security as well as contractual security requirements.
      • In the event of an information security-related incident, promptly investigate the cause, make maximum efforts to minimize damage, and develop measures to prevent recurrence.

    8. Supply chain management

    We ask that you disseminate these Guidelines to your suppliers and ensure that your suppliers thoroughly understand
    and follow each item in the Guidelines

     

      • Conduct procurement activities in consideration of the effects on regional communities of the use of raw materials that may cause social problems, such as human rights issues and environmental issues, and take measures to avoid their use if there are any concerns.

    9. Coexistence with regional communities

    We ask that you actively engage in activities that can contribute to the development of international and regional
    communities

     

      • Value partnerships with regional communities.
      • Work to conduct social contribution activities that will lead to solving the issues of regional communities. 

    10. Appropriate information disclosure

    We ask that you disclose information to your stakeholders in a timely and appropriate manner to ensure the
    transparency of your corporate activities.

     

      • Disclose information, such as about your commitment to human rights and occupational safety and health, your environmental activities, and your financial status, in a timely and appropriate manner.
      • Never falsify records or disclose false information.

    Jan. 2024

    Mitsuboshi Belting Ltd.

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