CSR in our Supply Chain
The Sumitomo Electric Group considers procurement to be a “service that supports the foundation of its business activities,” and in May 2006, established Basic Procurement Policies in line with the Sumitomo Spirit and the Sumitomo Electric Group Corporate Principles.
Cooperation of suppliers is essential for us to further promote our commitment to CSR in the procurement activities. We identified the issues for which our supplies are asked to take active measures based on the Sumitomo Spirit and the Sumitomo Electric Group Corporate Principles, and established the Sumitomo Electric Group CSR Procurement Guidelines in July 2010.
We have distributed the Basic Procurement Policies and the Sumitomo Electric Group CSR Procurement Guidelines to our main suppliers, along with our Group companies, and have sought their understanding and cooperation.
Basic Procurement Policies
1.Promoting procurement activities that contribute to creative and global corporate activities
2.Promoting fair and impartial procurement activities
3.Promoting compliance-based procurement activities
4.Promoting procurement activities based on mutual trust and cooperation with suppliers
5.Promoting procurement activities friendly to the global environment
Environmental protection is a global challenge to be addressed. We will promote procurement activities to support the provision of products that can help customers in their efforts toward environmental protection, while helping us realize corporate activities of low environmental impact.