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JFE Engineering Group Procurement Policy

JFE Engineering Group Procurement Policy

We, JFE Engineering Group companies, will promote business activities based on mutual understanding and trust in pursuit of a long-term, mutually prosperous partnership with all of our business partners.
We position Corporate Social Responsibility (CSR) as one of our top priorities. Accordingly, we conduct our business based on CSR and we will share this principle with our business partners.
To achieve these, we will comply with following procurement policies in pursuit of a fair and reliable procurement activity.

  1. Compliance with laws, regulations, and social norms

    We comply with all applicable laws, regulations as well as social norms throughout our business activities.

  2. Confidentiality

    We properly manage and protect confidentiality throughout our procurement process.

  3. Fair & equitable transactions

    We constantly search for competitive and reliable products and services with a fair and equitable manner globally.

  4. Selection of partners

    We select our partners in a fair and sincere manner through fair competition.
    We base our decisions on technology, quality, delivery time, reliability, financial stability, and commitment to CSR as well as price when selecting partners.

  5. Mutually Beneficial Partnership

    We aim to establish mutually beneficial relationships with our business partners based on mutual understanding and trust

  6. Procurement based on CSR

    Throughout our entire supply chain, including partners involved in our business, we conduct procurements based on CSR.

Request to Our Business Partners

In pursuit of a fair and reliable procurement activity, we, JFE Engineering Group companies, comply above mentioned policies. Accordingly, we would like to share with and request to all of our business partners compliance and enforcement of the following points.

  1. Compliance with laws, regulations, and social norms

    Our business partners are requested to ensure compliance with laws, regulations and appropriate social customs of the countries and/or regions in which they operate.

  2. Confidentiality

    Our business partners are requested to establish and implement systems to properly manage and protect confidential information obtained through transactions.

  3. Safe and competitive products and services

    Our business partners are requested to always ensure the safety and stable supply of products in terms of competitive quality, price, and delivery. In addition, partners should steadily pursue technological development and the enhancement of technical capabilities to continuously upgrade their products and services.

  4. Human rights and occupational health and safety

    Our business partners are requested to, in every sort of business activity, respect basic human rights, eliminate all forms of discrimination and strive to create safe, healthy and comfortable work environments.

  5. Environmental Considerations

    Our business partners are requested to conserve resources, protect the environment and keep their business activities in harmony with the environment.

  6. Commitment to CSR

    Our business partners are requested to establish and promote a basic policy emphasizing CSR.

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