Primary Challenges in Materials Procurement based on ISO26000 Core Themes
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Core theme
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Topic
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Primary challenge
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Governance
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Engagement
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Procurement Policy Briefing for Business Partners
Every May, Shindengen’s Purchasing Department holds a policy briefing for business partners. After presenting an explanation of our business plans and policies, we ask for our business partners’ understanding of and cooperation with the Shindengen Group CSR activities and Procurement Policy.Furthermore, in fiscal 2022, we held briefings on demand for 420 companies.
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Human rights
Environment
Fair operating practices
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Avoiding complicity
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Responsible Minerals Trade
The Shindengen Group verifies whether or not the tin, tungsten, gold, and other minerals included in its products causes or contributes to serious human rights violations, environmental destruction, corruption, or unrest in conflict and high-risk areas and takes measures to exclude conflict minerals.
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Fair operating practices
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Preventing corruption
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Compliance
Materials procurement based on “Compliance with Laws and Regulations” as defined in the Shindengen Group Behavioral Guidelines.
・Prevention and early discovery of illegal behavior
・Preventing conflict of interest
・Preventing leakage of confidential information
・Prohibiting insider trading
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Fair competition
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Compliance with Subcontracting Law
The Shindengen procurement division, acting with overall responsibility, circulates through the Group companies periodically implementing preventative measures (e.g. hearings, education) to promote compliance.
・Regular interviews ・Education ・Individual discussions
Evaluation of suppliers
To strengthen healthy relationships with suppliers, and to contribute to the development of these relationships, suppliers are evaluated annually on quality, prices, delivery dates, and business services, and awards presented to superior suppliers.
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Promoting social responsibility in the value chain
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Exclusion of anti-social elements
To ensure sufficient awareness of the importance of breaking off relationships with anti-social elements, and from the viewpoints of social responsibility, compliance, and enterprise defense, the Shindengen Group promotes efforts to break off these relationships.
・Memorandum : Requests signing of a ‘Memorandum on Exclusion of Anti-social Elements’ with its suppliers
・Education : Implements participation in periodic compliance education in the materials division, and external lectures.
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Note: See ‘ISO26000:2010’ (published by Japan Standards Association) for core themes and topics.
