Sustainable Procurement

Since our company's founding, we have always had a spirit of creativity and ingenuity, and have continued to study hard, hone our senses and sensibilities, and aim to create value. As a world-class materials manufacturer, we have established the following procurement policy so that we can continue to contribute to society even further in the future.

Procurement Code of Conduct

• Statutory compliance:We will comply with laws and ordinances in all activities relating to procurement and ensure the fairness of transactions.
• CSR: We will be aware of our responsibilities as a better corporate citizen, and will proactively conduct CSR activities. We will work with suppliers who share our aspiration to serve society.
• Green procurement:We will pay attention in our procurement activities to the protection of resources and the conservation of the environment.
• Fair and impartial transactions:We will keep the possibility of purchase transactions open broadly to Japanese and overseas suppliers and engage in these transactions based on fair and impartial standards.
• Selection of suppliers:We will comprehensively evaluate suppliers in terms of quality, pricing, delivery time, efforts to reduce costs, potential to provide new materials and technologies and other factors and select suppliers based on economic rationality.
• Soundness:We will always seek sound purchase transactions and eschew speculative transactions.
• Information management:We will strictly control the materials and information provided to us in connection with purchase transactions.
• Respect for human rights:We will fulfill our duty to respect human rights in procurement transactions.
• Efficient use of resources:We will appropriately manage energy, water, raw materials and other resources and ensure the efficiency of transactions in line with the consumption plan.

For the responsible sourcing of minerals

In recent years, minerals mined in conflict and high-risk regions have been used by armed forces and anti-government forces as sources of funding. This is recognized globally as a serious problem.In 2010, the United States passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. It requires companies listed on stock markets in the United States to disclose information about their use of gold, tantalum, tin and tungsten produced in the Democratic Republic of the Congo (DRC) and neighboring countries, which are considered to be conflict areas.In 2021, the European Union's own conflict mineral regulations came into force.In light of the spread of the movement toward urging companies to take action against conflict minerals, the TODA KOGYO Group asks its suppliers to ensure that their purchases of conflict minerals and extended minerals, such as cobalt and natural mica, are in accordance with the Responsible Minerals Assurance Process (RMAP).