Basic thinking on procurement
Cosel strives to build transparent relationships of mutual trust that enables coexistence and coprosperity with our suppliers from a fair, equitable, and global perspective, in compliance with laws, regulations, and social norms.
To develop outstanding products that will satisfy customers around the world through our businesses, it is essential to manage the quality of the components and materials we purchase, delivery times, and costs, and to take the environment into consideration.
To this end, we strive to deepen mutual understanding with suppliers in daily business activities and provide them regularly with information concerning quality, delivery time, costs, our management policies, and our technology strategies.
We believe it is important for us to improve our partnerships with suppliers by maintaining and strengthening such activities.
Green procurement in the supply chain
Our products are made of many substances and should never contain substances that have a negative effect on the earth and humans when or after being disposed of at the end of a product’s life, not to mention those that customers actually hold in their hands.
We are working hard on green procurement in cooperation with many companies constituting our supply chain as it is difficult for Cosel to achieve such a goal alone.
Requests for CSR initiatives by suppliers
Cosel launched its corporate social responsibility (CSR) initiatives in 2015. To achieve CSR not only within the Cosel Group but among also our suppliers, we strive to ensure that suppliers understand our basic approach on procurement activities.
When our website was relaunched in September 2015, we posted a "Request to Suppliers" on the website to notify them of our expectations concerning the environment, human rights, labor practices, and compliance.
- Appointment of auditors and auditor-secretaries and implementation of healthy corporate management
- Respect for human rights
- Development of a safer workplace and improvement of work-life balance
- Energy saving, CO2 reduction, and environmental conservation
- Implementation of ethical actions to society
- Establishment of a relationship of trust with consumers
- Social contribution to local residents