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21st November 2017, Tokyo

Teijin revises its CSR procurement guidelines

The ongoing globalisation of supply chains has highlighted problems, such as forced labour and child labour in developing nations.Teijin has completely revised its CSR procurement guidelines on 1 November 2017, requesting suppliers to comply with the company’s guidelines, and promoting its initiatives in collaboration with them.

Teijin established basic policies for purchasing and procurement as part of building sound relationships with its suppliers in 2006. The company further established CSR procurement guidelines that are required for suppliers to fulfil its social responsibility in 2007, and regularly conducted surveys of its suppliers on such matters.

On the other hand, the ongoing globalisation of supply chains has highlighted problems, such as forced labour and child labour in developing nations, and there is increasing demand for responsible supply chains in collaboration with suppliers, as well as company’s own efforts.

Since 2012, Teijin Frontier, the Teijin group's fibre-product converting company with operations in Vietnam, has been holding seminars periodically, and is looking at doing the same in other operation sites. Under these circumstances, Teijin has completely revised its CSR procurement guidelines for strengthening its procurement initiatives, which the company positioned it as one of CSR materiality in 2016.

By referring to upcoming ISO20400 on sustainable procurement and other international standards, the new guidelines specified more detailed efforts regarding human rights and labour in supply chains such as "Forced labour", "Child labour and young workers", "Foreign workers", "Working hours and holidays", "Wages and benefits", "Discrimination", "Harassment" and "Freedom of association”.

In addition, Teijin newly established “Formulation of business continuity plan”, “Export control compliance”, “Consideration for local communities”, “Contact point for consultations and internal reporting”, and “Responsible supply chain promotion”. The Group’s environmental initiatives were integrated into the “Environmental preservation”.

www.teijin.com

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