Osaki Electric conducts its procurement activities based on its Basic Procurement Policy in order to provide safe, high-quality, and high-value-added products and services related to energy.
1. Conducting the Supplier Survey
We conduct an annual Supplier Survey to evaluate the implementation of CSR initiatives throughout our supply chain based on Osaki Electric's Basic Procurement Policy.
- The survey is conducted in the form of a self-assessment and covers a broad range of topics, including quality, environmental and compliance policies, as well as human rights, labor practices, ethics, employment and wages.
- Through assessments related to human rights and compliance, we work to promote understanding and awareness of CSR among our suppliers.
- We identify and evaluate CSR-related risks by taking into account factors such as supplier size and the degree of social and environmental impact. Based on the level of risk identified, we encourage suppliers to implement corrective and improvement measures.
- For suppliers requiring additional support, we conduct site visits, on-site inspections, audits and interviews with employees to enhance understanding of our quality and CSR
- For suppliers with minor non-conformities, procurement representatives work closely with the Sustainability Promotion Division to request corrective actions and provide support where necessary.
In FY2025, the Supplier Survey covered 94% of our suppliers.
No compliance violations or non-conformities with the Company's policies or guidelines were identified through the survey.
2. Osaki Group Supply Chain CSR Promotion Guidelines
Beginning in April 2025, assessments have been conducted for both new and existing suppliers based on the Osaki Group Supply Chain CSR Promotion Guidelines, which were established and disclosed in February 2025.
Through these assessments, we identify and evaluate CSR-related risks throughout the supply chain and work with suppliers to implement appropriate corrective and improvement measures according to the level of risk.
3. Communication of the Osaki Group Anti-Corruption Policy
The Company established the Osaki Group Anti-Corruption Policy in February 2025 and communicates the policy to all internal and external stakeholders, including suppliers, to promote awareness and understanding of anti-corruption requirements.
4. Sustainability Training for Procurement Personnel
We provide education and training for procurement personnel on the Company's Supply Chain CSR Promotion Guidelines, Green Procurement Standards, and other sustainability-related requirements to strengthen responsible procurement practices.
The Osaki Group has established the Supply Chain CSR Promotion Guidelines to help ensure safe working conditions throughout its supply chain, ethical business practices, and respect for human rights and the environment. Through these guidelines, we work closely with our suppliers to promote and strengthen their CSR initiatives.