Supply Chain Management

Businesses face growing demands to fulfill their social responsibilities by improving their safety and human rights initiatives—not just in their own activities, but throughout the supply chain, including suppliers. Iwatani’s Human Rights Policy calls for respect for human rights as an essential element of doing business. We will promote efforts to protect human rights while building sustainable supply chains.

Our Policy

Based on our corporate philosophy—become a person needed by society, as those needed by society can prosper—we provide a wide range of products and services for everyday life and for industry, including energy, industrial gases, and materials.
To remain a company needed by society, we will communicate Iwatani Group Supply Chain Conduct Policy to our suppliers and to other business partners, thereby establishing and maintaining sustainable supply chains.

Policy

Iwatani Group Supply Chain Conduct Policy

As part of efforts to establish and maintain sustainable supply chains, the Iwatani Group has established a Supply Chain Conduct Policy and communicates its policies to suppliers and to other business partners.

  • 1.Respect for Human Rights
    We act at all times based on a profound respect for human rights, and make every effort to avoid inhumane practices such as discrimination, harassment, abuse, and child labor.
  • 2.Respect for the Rights of Employees to Organize and Engage in Collective Bargaining
    We respect the rights of our employees to organize and engage in collective bargaining.
  • 3.Preventing Forced Labor and Unfair Wages
    We do not tolerate practices involving forced labor, and act to comply with statutory minimum wage standards and to prevent unfair wage practices.
  • 4.Ensuring Occupational Health and Safety
    We provide safe, sanitary, and healthy working environments that help maintain the physical and mental health of our employees. We prepare and disseminate emergency plans for disasters, accidents, and other emergencies.
  • 5.Environmental Conservation
    We strive to achieve harmony with the natural environment and to safeguard against environmental issues through efforts that address climate change, biodiversity, and other environmental issues.
  • 6.Legal and Regulatory Compliance, Fair Trade, and Anti-corruption
    We comply with the letter and spirit of all applicable domestic and foreign laws and standards, seek to uphold fair trade practices, and seek to avoid and safeguard against corrupt practices.
  • 7.Improving the Quality, Safety, and Reliability of Products and Services
    We work ceaselessly to improve the quality, safety, and reliability of our products and services.
  • 8.Information Disclosure
    We are committed to disclosing information regarding all of the above topics in a timely and appropriate manner.

Established March 2023

Iwatani Corporation

Hiroshi Majima

President

Initiatives

CSR procurement surveys of the supply chain

We’ve carried out CSR supply chain procurement surveys since FY2023. That year, we surveyed 270 suppliers, accounting for about 95% of supply transactions by value, and received responses from 214 suppliers. Survey results identified no suppliers who presented major concerns.
We will continue to share our policies with our suppliers through this survey and in other ways and encourage the improvements needed to reduce risks, thereby building sustainable supply chains.

FY2023 survey results