GRI 2-22 / 3-2 / 3-3
Background
It is necessary to understand the social impacts not only within the corporate group but also upstream and downstream in the supply chain, and to respond to these risks and opportunities.
Strategies
The SMM Group is committed to obtaining international certification for responsible procurement and production at its manufacturing sites, with the aim of preventing and remedying human rights violations, environmental pollution, corruption, and other issues in its supply chain. In addition, we will seek to provide assistance to stakeholders through a complaint handling system (grievance mechanism) that is in line with international norms.
KPI/Target/Result
Vision for 2030
A company that builds a sustainable supply chain
| KPI | Reporting boundary | Target (FY2030) | FY2024 results |
|---|---|---|---|
| Percentage of smelters and refineries certified with international certifications*1 | SMM Group | 100% | 57% |
| Percentage of appropriate suppliers*2 selected through due diligence for responsible mineral sourcing | SMM Group | 100% | Review and establishment of a due diligence implementation system |
| Implementation of ESG due diligence*3 across the supply chain | SMM Group | Implementation and disclosure of due diligence for suppliers*4 (by the end of FY2026) | Review and establishment of a due diligence implementation system |
- International certifications for responsible mineral sourcing and production (e.g., JDDS, Copper Mark Criteria, etc.)
- Mines, smelters, etc. with international certifications
- In accordance with ISO 20400 (Sustainable Procurement Guidance) and other relevant standards, areas covered include such things as climate change mitigation, environmental conservation, human rights (including occupational health and safety), labor practices, community development, corporate governance, ethics, and anti-corruption
- Includes procurement of goods and services, logistics, construction contracts, etc. (excluding mineral procurement)