We strive to provide all of our suppliers, at home and abroad, with procurement information and the opportunity for open, fair transactions.
Actual transactions are determined based on a comprehensive review of quality, technology, cost and delivery times, as well as soundness of management, approach to and structures for ongoing improvement, and other factors.
Our relationships with our suppliers based on building and maintaining relationships of trust through close communication, and a basic approach that calls for us to grow together with our business partners and share the fruits of our mutual efforts.
Since formulating the Aichi Steel Environmental Charter in 1996, we consider environmental conservation in all phases of our business activities, and work to achieve continuous improvements.
In August 2020, we announced Vision 2030 for the Aichi Steel Group. Then in March 2021, we created the Aichi 2025 Environmental Action Plan as a five-year action plan for implementing ESG management under the vision. To drive eco-energy, eco-production, and eco-management, which are the three pillars of our basic environmental policy that form the basis of this plan, we revised our Green Procurement Guidelines in April 2021. Our aim was to prioritize purchases from suppliers engaged in efforts to reduce environmental burdens, such as reducing CO2 emissions, recycling resources, reducing environmentally hazardous substances, and conserving biodiversity.
In line with customer demands and regulations for managing chemical substances in products, we classify controlled substances as banned substances, conditionally banned substances, or restricted substances, and we advise our suppliers of the classifications.
When entering a new transaction, making changes to compositions or manufacturing methods, or adding relevant environmentally hazardous substances, we also request that suppliers submit a Report on Presence of Environmentally Hazardous Substances, we confirm they are not included and use alternative substances when necessary, and ensure they are not used.