Supply Chain Management

1.CSR Activities

Growing Sustainably with Society

We aim to be a global company that contributes widely to society through sound business activities.

Supply Chain CSR Activities to Fulfill Social Responsibility

The Sumitomo Corporation Group has established the CSR Action Guidelines for Supply Chain Management. Through the implementation of these guidelines, we are aiming to realize a sustainable society by working together with our suppliers and business partners to achieve responsible value chain management. The Company provides numerous opportunities to promote the understanding and entrenchment of these guidelines, including training for new employees, meetings within business units, and pre-departure briefings with employees being sent on overseas assignments in order to promote sustainable supply chain management.

Sumitomo Corporation Group CSR Action Guidelines for Supply Chain Management

Established in November 2009
Revised in November 2013

The Sumitomo Corporation Group aims to be a global organization that, by constantly staying a step ahead in dealing with change, creating new value, and contributing broadly to society, strives to achieve prosperity and realize the dreams of all our stakeholders through sound business activities in strict adherence to our Corporate Mission Statement, and the management style principle contained therein, wherein prime importance is given to integrity and sound management with the utmost respect being paid to the individual.

In order to promote sustainability and social wellbeing in accordance with our mission, the Sumitomo Corporation Group hereby sets down these CSR Action Guidelines for Supply Chain Management. With a view to further strengthening the global relations which form one of the foundations of our core competence of integrated corporate strength, we request our suppliers and business partners to kindly accept, understand, and practice these guidelines so that together we can achieve responsible value chain management.

1. Respect human rights and not to be complicit in human rights abuses
2. Prevent forced labor, child labor and the payment of unfairly low wages
3. Not engage in discriminatory employment practices
4. Respect the rights of employees to associate freely in order to ensure open and fair negotiations between labor and management
5. Provide employees with safe and healthy work environments
6. Protect the global environment and give due consideration to biodiversity
7. Ensure the quality and safety of products and services
8. Ensure fair business transactions, to abide by all applicable laws, rules and regulations, and to prevent extortion, bribery and all other forms of corrupt business practices
9. Ensure appropriate information security
10. Cooperate with members of local host communities and contribute to sustainable regional development
11. Disclose information regarding the above in a manner both timely and appropriate.

2.The Statement for the UK Modern Slavery Act 2015

Sumitomo Shoji Chemicals Co., Ltd. will work with its customers and business partners to eliminate slave labor and human trafficking worldwide.
This Statement discloses Sumitomo Shoji Chemicals Co., Ltd.’s efforts in FY2024 in accordance with the UK Modern Slavery Act and has been approved by our board of directors.

3.United Nations Global Compact

We will incorporate the values specified in the Ten Principles in our business management.

The Sumitomo Corporation Group signed the Ten Principles of the United Nations Global Compact, a global CSR initiative, in March 2009, which aligns with our Group’s Management Principles. We inform the purpose of these principles to officers and employees worldwide, and constantly review our corporate activities in light of values specified in the Ten Principles, identify areas for improvement, and strive to enhance our corporate value.

What is the Global Compact?

The Global Compact (hereinafter “GC”) is a voluntary initiative to participate in the creation of a global framework for sustainable economic growth, proposed by former UN Secretary-General Kofi Annan at the World Economic Forum (Davos Conference) in 1999. It was officially established at the UN headquarters in New York in 2000. The UN calls on companies and organizations worldwide to participate in the GC, and currently, about 160 countries and over 13,000 companies and organizations are members. The GC summarizes universal values acknowledged in the international community through an international agreement into ten principles in four areas: human rights, labor, environment, and anti-corruption. It calls on member companies to actively integrate these ten principles into their business management and exert responsible and creative leadership to act as good members of society and aim for sustainable growth.

Ten Principles of the Global Compact

• [Human Rights] Businesses should
• 1.support and respect the protection of internationally proclaimed human rights; and
• 2.make sure that they are not complicit in human rights abuses.
• [Labour] Businesses should
• 3.uphold the freedom of association and the effective recognition of the right to collective bargaining;
• 4.the elimination of all forms of forced and compulsory labour;
• 5.the effective abolition of child labour; and
• 6.the elimination of discrimination in respect of employment and occupation.
• [Environment] Businesses should
• 7.support a precautionary approach to environmental challenges;
• 8.undertake initiatives to promote greater environmental responsibility; and
• 9.encourage the development and diffusion of environmentally friendly technologies.
• [Anti-Corruption] Businesses should
• 10.work against corruption in all its forms, including extortion and bribery.