3.Compliance with Laws and Regulations
Hosiden Group complies with all applicable laws, regulations, and rules of the countries and regions related to procurement transactions. In addition, Hosiden Group acts in accordance with our Basic Policy on Responsible Mineral Procurement, Environmental Policy, and other relevant internal standards.
4.Fair and Equitable Transactions
Hosiden Group complies with all domestic and international laws and regulations as well as international guidelines related to procurement activities, and conducts fair transactions based on equal relationships together with our suppliers, thereby supplying opportunities for fairness and free competition for all suppliers.
5.Environmental Considerations
In our procurement activities, Hosiden Group recognizes the impact on the following environmental aspects and strive to minimize negative impacts and promote continuous improvement.
●Impact on climate change (CO₂ / GHG emissions): Hosiden Group works to understand and reduce greenhouse gas emissions in order to mitigate climate change impacts.
●Water use: Hosiden Group reduces water consumption and gives due consideration to water-stressed areas.
●Impact on biodiversity: Hosiden Group avoids and minimizes negative impacts on ecosystems and biodiversity.
●Pollution prevention: Hosiden Group implements appropriate management to prevent air, water, and soil pollution.
●Waste reduction: Hosiden Group promotes waste reduction, reuse, and recycling.
●Resource use: Hosiden Group promotes efficient and sustainable use of natural resources.
6.Respect for Human Rights and Labor Environment
Hosiden Group respects internationally recognized human rights and promotes responsible procurement that includes the following:
●Prohibition of child labor
●Prohibition of forced labor
●Prohibition of discrimination
(based on race, nationality, gender, age, religion,disability, etc.)
●Respect for freedom of association and the right to collective bargaining
●Reduction of excessive working hours
●Respect for rights related to minimum wages and living wages
●Ensuring a safe and healthy working environment
7.Appropriate Information Management
Hosiden Group complies with confidentiality obligations regarding confidential information and personal information obtained through procurement activities.
8.Ensured High Quality and Safety for Products and Services
Hosiden Group endeavors to maintain and improve the quality and safety for products and services together with our suppliers, thereby aiming to provide valuable products and services.
9.Requests to Suppliers
Hosiden Group requests that our suppliers: