Supply chainmanagement

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CSR REPORT 2020

Supply chain management(1) Promotion of global procurement activities
We strive to enhance our global procurement utilizing ourvalued suppliers.

We comply with laws, social codes and internal regulations, andpromote healthy and open procurement activities.

conduct procurement with a higher level of strategy to accommodate our global production operations.

Strengthening partnerships with our valued suppliers
Together with approximately 80 valued suppliers we formed the INOAC Cooperative
Assembly, where we engage in various activities. We invite representative speakers from ourvalued suppliers to give presentations for our entire group of companies about theiractivities to raise awareness about compliance and risk management at speaking
engagements, and about the work that goes on in their subcommittees. In this way, westrive to mutually raise the levels of all participating companies.

Communication with society(3) Promotion of fair, just and sincere procurement
activities

good relations with our valued suppliers taking long-term business relationships and the optimal quality and cost into consideration. Furthermore, weWe provide our valued suppliers with fair and just competitive
opportunities and act in good faith in our procurement
activities.

Conflict minerals

In order to keep up with environmental regulations that become

The Democratic Republic of Congo has one of the world’s richest total

environment in accordance with INOAC’s environmental

stricter every year, we revise the INOAC Green Procurement Criteria on

deposits of mineral resources. However, it is also a region—along with

policies. In addition, we give due consideration when dealinga yearly basis and engage in procurement activities that areneighboring countries—embroiled in ceaseless warfare. Minerals

with the procurement of raw materials that may cause humanenvironmentally conscious. In addition, we are also working to reduce

produced in this region become a source of funding for organizations

rights issues or social problems, such as the use of conflict

our environmental impact, such as by looking for ways to enhance

involved in human rights violations, environmental destruction,minerals.

loading efficiency as a means to improve procurement logistics.

corruption and illegal activities. Our policy is to not use such conflictsuppliers and cooperate with them to maintain and improveeach other’s technological capability and quality.

CSR REPORT 2020

minerals, and we are working with each of our business partners todisclose relevant information.

Governance & compliance

We construct firm, trusting relationships with our valued

Supply chain management

We conduct procurement with consideration for the earth’s(5) Building partnerships based on trustwith our valued suppliers

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Green procurement

Producing an employee-friendly
workplace(4) Consideration for the environment andhuman rights in procurement

Improving value(2) Compliance with laws, social codes andinternal regulations

We contribute to the countries where our bases are located by procuring local raw materials and components. At the same time, we also aim to build

Harmony with the environment

domestic and overseas and strengthen relationships with ourOptimal procurement at our bases across the globe

Feature story

Basic Procurement Policy

Company profile

Supply chain
management