Material Issue 3:Co-exist and Co-prosper with the Supply Chain and Fulfill the Trust of Stakeholders

Basic Approach and Policy

The Toyo Ink Group has been developing its business globally, with about 70 companies in over 20 countries around the world. This global expansion has made the Group's supply chains more complex.
Frameworks such as the OECD Guidelines for Multinational Enterprises, the California Transparency in Supply Chains Act, and the UK Modern Slavery Act 2015 require companies to fulfill their social responsibilities covering their supply chains. We therefore focus on initiatives in consideration of human rights, labor, the environment, and other factors by including our supply chains in the scope of our social responsibilities.
In addition, recognizing that business activities must be premised on respect for human rights, we specify rules related to respect for human rights, including the prohibition of child labor and forced labor, in our Code of Business Ethics and the Human Resources Policy. At the same time, we take comprehensive measures to ensure that these rules will be reflected in the overseas assignment training and that the guidelines will be applied and implemented at overseas Group companies.

Objectives and Targets of SDGs that are Relevant to the Actions on the Material Issue

Actions Objectives and Targets of Relevant SDGs
Co-existence and co-prosperity in the supply chain through collaboration

12.7 We will promote sustainable procurement (CSR procurement) based on the Procurement Principles and the Standard for Selecting Suppliers.

16.2 We will prohibit forced labor and child labor via our supply chain and ensure that we provide training on human rights including respect for human rights.

Respect for the human rights of all stakeholders

Promotion System

The deployment of the Human Resources Policy, which includes our approach to respect for human rights, and human rights education in overseas assignment training are undertaken by the Group Human Resource Department of Toyo Ink SC Holdings Co., Ltd. Noncompliance, including human rights violations, is handled by “Compliance Office,” the internal / external hotline.
Supply chain management related to the procurement of raw materials by the overall Group is undertaken by the Group Purchasing Department of Toyo Ink SC Holdings Co., Ltd.

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