Working with Our Suppliers

Purchasing Policy

As we regard all of our suppliers as good partners here at the Mitsui Chemicals Group, in April 2006 we formulated the Mitsui Chemicals Group Purchasing Policy in an effort to get our suppliers involved in our CSR-oriented purchasing activities. We have been purchasing supplies in accordance with the relevant policy ever since.

The Mitsui Chemicals Group Purchasing Policy

As we rely on our suppliers to help us to enhance the Group's corporate value through our purchasing activities, we regard all of our suppliers as good partners. We always deal with our suppliers fairly and in good faith and make every effort to ensure the mutually sustainable development of our corporate activities. As such, all purchasing divisions within the Mitsui Chemicals Group engage in purchasing activities in accordance with the following Purchasing Policy.

1.Legal compliance
We will strictly comply with all laws and social norms as part of our purchasing activities.
2.Equal opportunities and transparency
We will be wide open with our suppliers, both domestic and overseas, and provide equal opportunities for fair trade in good faith.
3.Harmony with the environment
We will endeavor to purchase goods and materials that have less impact on the environment.
4.CSR-oriented selection
When selecting suppliers, we will give priority to and seek to build stronger partnerships with companies that satisfy the following requirements.
  • Strict compliance with laws and social norms
  • Respect for human rights and consideration for working environments
  • Commitment to environmental preservation and safety assurance
  • Sound management
  • Commitment to maintaining and improving appropriate standards in areas such as quality, price and delivery dates

Policy on conflict minerals

We are fully aware of the essential need to address so-called conflict minerals here at the Mitsui Chemicals Group. We have conducted our own investigation and confirmed that we do not purchase or use any conflict minerals associated with inhumane acts committed by armed groups on the ground in the Democratic Republic of Congo or any of its neighboring countries. That includes gold (Au), tantalum (Ta), tungsten (W) and tin (Sn). If it comes to light that we have used any conflict minerals in the future, we will immediately halt procurement of the relevant minerals.

In July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted in the U.S. The act came about as a result of reports regarding serious human rights violations and damage to the environment, stemming from inhumane acts committed by armed groups on the ground in the Democratic Republic of Congo and its neighboring countries. As this has become a serious international issue, there are growing concerns that trade in conflict minerals could be used to fund armed groups in those countries, either directly or indirectly.