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Responding to social demand for environmental protection and human rights required of the Group is no longer just our responsibility but that of the entire supply chain. For this reason, we established a Procurement Policy that includes selecting business partners, taking into consideration human rights, labor, and the natural environment, as well as monitoring and improvements, and we will work hard for more sustainable procurement. In addition, the Procurement Guidelines, based on the Procurement Policy, help us to maintain and improve the environment and society throughout the supply chain. All of our suppliers are now expected to follow these guidelines.
In 2024, based on the results of a procurement questionnaire conducted the previous year, we partially revised the Procurement Guidelines to further promote initiatives with suppliers concerning environmental protection and respect for human rights. In addition, we amended our master agreements with suppliers to explicitly require compliance with the Procurement Policy and Procurement Guidelines as a contractual condition and we newly established a clause on respect for human rights.
