1. Policy Purpose
To ensure responsible, ethical, and sustainable procurement practices that align with SEKISUI KYDEX values and contribute to a sustainable society.
2. Core Principles
A. Transparency and Fairness
- Open procurement to both domestic and international suppliers.
- Ensure fair and impartial selection based on quality, cost, delivery, and service.
B. Legal and Ethical Compliance
- Comply with all applicable laws, regulations, and social norms.
- Prohibit corruption, bribery, and money laundering across the supply chain.
C. Human Rights and Labor Standards
- Respect human rights, including prohibiting child labor, forced labor, and discrimination.
- Require suppliers to uphold the UN Guiding Principles on Business and Human Rights.
D. Environmental Responsibility
- Promote procurement that supports biodiversity, reduces carbon emissions, and encourages circular economy practices.
- Implement sustainable timber and mineral procurement policies to avoid deforestation and conflict minerals.
E. Supplier Engagement and Due Diligence
- Require suppliers to comply with the Supplier Code of Conduct.
- Conduct regular audits and self-assessment questionnaires to monitor compliance.
3. Supplier Code of Conduct Highlights
Suppliers must:
- Establish internal systems to ensure compliance.
- Allow audits and site visits when necessary.
- Report progress on corrective actions if non-compliance is found.
- Respect local cultures and communities.
- Ensure traceability of materials and ethical sourcing.
4. Risk Management
- Identify procurement-related risks such as unethical sourcing or environmental harm.
- Take corrective action or suspend transactions if issues are not resolved.
5. Continuous Improvement
- Regularly review procurement policies in response to evolving laws and societal expectations.
- Encourage innovation and proposals for sustainable materials and technologies.
Approval Date: 11/05/2026