Sustainability

Procurement Policy

The Seika Group, based on its corporate philosophy, upholds the Group Policy of fostering a sustainable society through corporate integrity.
As a trading company that connects suppliers and customers, we have established the Seika Group' s Procurement Policy to ensure fair and sincere transactions with all our business partners, and are committed to improving supply chain management.

1. Basic policy

The Group complies with all applicable laws and regulations and engages in procurement activities based on the principle of fair and sincere transactions. We value our relationships of trust with our business partners and mutual respect, and strive to contribute to realizing a sustainable society throughout the entire supply chain.

2. Respect for human rights

We give all due consideration to ensure that our procurement activities will not lead to human rights violations in accordance with the Group' s Policy on Human Rights and Labor.

3. Compliance with laws, regulations, and social norms

We comply with all applicable laws and regulations, international treaties, and social norms in the countries and regions in which we engage in business activities. We ask that our business partners do the same.

4. Fair and equitable transactions

We respect free and fair competition and engage in transparent and reasonable transactions. We avoid excessive dependence on specific companies to maintain sound business relationships, and prohibit improper exchanges of money or gifts with our business partners.

5. Consideration for environmental conservation

We engage in environmentally friendly procurement activities in accordance with the Group's Environmental Policy and Action Guidelines.

6. Approach to selecting business partners

We initiate and maintain transactions based on a comprehensive assessment of factors including good faith compliance with laws, regulations, and social norms; appropriate balance among quality, pricing, and lead times; consideration for the environment and human rights; information protection structures; and stable supply structures.

7. Strengthening of partnerships with business partners

Through joint efforts with our business partners, we strive to share information on social issues, to engage in improvement activities, and to enhance mutual understanding through dialogue, thereby building a sustainable supply chain.
Note: Seika Corporation has published its Declaration Of Partnership Building.
URL:https://www.seika.com/csr/social/partnership (Japanese).