Sustainable Product Procurement through Business Partner Screening and Contractual Clauses
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
18 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「To source sustainable products, we screen new business partners through external organizations for matters including their financial condition and reputation, including, but not limited to, inappropriate working conditions, and do not conduct transactions with parties deemed inappropriate. To achieve sustainable product sourcing with an emphasis on sustainability, we are also reviewing screening criteria, conducting regular screenings of existing business partners, and considering initiatives such as adding clauses requiring compliance with sustainability matters to basic continuing transaction agreements, and are moving these initiatives forward.」
The company continues to conduct external screening of new business partners, refuse transactions with inappropriate parties, regularly screen existing business partners, and add sustainability clauses to contracts. - FY2023First statedAnnual report
「To source sustainable products, we screen new business partners through external organizations for matters including their financial condition and reputation, including, but not limited to, inappropriate working conditions, and do not conduct transactions with parties deemed inappropriate. To achieve sustainable product sourcing with an emphasis on sustainability, we are also reviewing screening criteria, conducting regular screenings of existing business partners, and considering initiatives such as adding clauses requiring compliance with sustainability matters to basic continuing transaction agreements, and are moving these initiatives forward.」
In addition to external screening of new business partners and refusing to transact with inappropriate parties, the company is reviewing screening criteria, conducting regular screenings of existing business partners, and adding sustainability clauses to contracts.