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.
- We conduct an annual Supplier Survey to assess the status of CSR implementation in our supply chain, based on Osaki Electric’s Basic Procurement Policy.
- The Supplier Survey is conducted in the form of a self-assessment and covers evaluation items such as the establishment of quality, environmental, and compliance policies, as well as topics related to human rights, labor practices, ethics, employment, and wages.
For suppliers that are assessed as having insufficient understanding or awareness of our quality and CSR initiatives, we conduct site visits, on-site inspections, audits, and interviews with their employees to support improvement efforts. - We identify CSR-related risks by comprehensively considering factors such as supplier size and their social and environmental impact. Based on the level of risk, we engage with suppliers to promote corrective actions.
- In fiscal year 2024, the results of the Supplier Survey indicated that no suppliers were found to have compliance violations requiring audits. The survey achieved a 100% response rate.
- For suppliers with minor non-conformities, procurement representatives from the Osaki Electric Group worked in collaboration with the Sustainability Promotion Division to request corrective and improvement measures, and provided support as needed.
- Beginning in April 2025, we will conduct assessments based on the Osaki Group Supply Chain CSR Promotion Guidelines, which were formulated and published in February 2025. Through these assessments, we will identify and evaluate CSR-related risks and strengthen our corrective and preventive measures according to the level of risk.
The Osaki Group has established the "Supply Chain CSR Promotion Guidelines" to ensure that labor conditions within our supply chain are safe, that business is conducted ethically, and that human rights and the environment are respected. Through these guidelines, we support our suppliers in implementing effective CSR initiatives.