Seibu Group’s Sustainable Procurement Policy

The Seibu Group promotes sustainability in procuring and securing raw materials, equipment, and various tasks mainly for goods and services that the Group offers to customers (hereinafter referred to as “procurement”), and aims, together with all of its suppliers (business partners), to help realize a sustainable society. This Policy is intended to set forth the way of thinking necessary for each Seibu Group company to execute procurement activities.
The Seibu Group has formulated guidelines that it requests all of its suppliers involved in procurement for the Seibu Group, either at home or overseas, to understand as “Seibu Group Supplier Guidelines.” The Group will strive to obtain the understanding of all of its suppliers through active communication and promote cooperation with them, thereby engaging in this matter in such a way as to contribute to materializing a sustainable society throughout its supply chains.

1. Ensuring safety

We will place the highest priority on ensuring safety during procurement in order to provide services that give top priority to the safety and security of our customers.
(1) Our procurement activities will focus on product quality with an eye to ensuring safety and be backed by an established quality management system.
(2) Our procurement activities will focus on ensuring a sustainable supply of products in order to provide safe and stable services.

2. Legal compliance and fair transactions

As a corporate group engaged in highly public business activities rooted in local communities, we will comply with laws and internal rules and conduct fair transactions in all our procurement processes.
(1) We will comply with domestic and international laws, social norms, and internal rules, while conducting business in a fair, sincere, and ethical manner.
(2) We will properly manage confidential information, personal information, intellectual property rights, and other assets related to procurement.
(3) We will provide fair and equitable opportunities when selecting suppliers. In the selection of suppliers and procurement, we will ensure fair and equitable treatment based on standards that take into account safety assurance, quality, delivery time, and price, and will not engage in inappropriate transactions that impede free competition.
(4) We will not engage in money laundering, embezzlement, corruption, bribery, extortion, or any other corrupt practices.
(5) We will not accept or provide gifts or entertainment that are beyond the bounds of social convention.
(6) We will take a firm stand against antisocial forces and groups, and will not engage in any conduct that encourages the activities of such elements.

3. Consideration for the environment

We will conduct procurement activities with a focus on protecting the global environment in accordance with the Seibu Group’s Environmental Policy.
(1) We will conduct procurement activities that contribute to climate change measures, such as efficient use of energy and reduction of greenhouse gases.
(2) We will conduct procurement activities that take into consideration their impact on the ecosystem, such as conserving biodiversity, preventing pollutant emissions, and reducing water consumption.
(3) We will conduct procurement activities with the aim of contributing to a recycling-oriented society by reducing waste and recycling resources.

4. Respecting human rights and ensuring a safe working environment

We will respect human rights and ensure a safe working environment in all our procurement activities in accordance with the Seibu Group Human Rights Policy.
(1) We will not engage in any human rights abuses, such as forced labor, child labor, or discrimination, and will respect human rights throughout our supply chain.
(2) We will work together with all our suppliers to ensure a safe and hygienic working environment and take other measures to foster an appropriate working environment throughout our supply chain.

5. Mutual trust with suppliers

We will build relationships of trust with all our suppliers in order to realize the sustainable growth of both Seibu Group companies and our suppliers.
(1) We will communicate in a respectful manner in our procurement activities.
(2) We will work toward better communication with all of our suppliers in order to contribute to the development of local communities and provide products and services that “promote customers’ activities for rich experiences.”

6. Supplementary information

Each Seibu Group company can establish its own guidelines based on this policy that are tailored to its own business activities.