Basic Policy

The Sumitomo Forestry Group recognizes its duty to ensuring human rights and addressing environmental issues in the supply chain of its businesses. We are contributing to the realization of a sustainable society throughout the entire supply chain by promoting the standardization of certified timber in the market.

For procurement, our Timber Procurement Philosophy and Policy was revised and renamed to the Sumitomo Forestry Group Procurement Policy in 2015. In 2017, also we drew up the Sumitomo Forestry Group Code of Conduct, which was expanded to include the supply chain. Through this and other measures, we have reinforced our Group-wide efforts.

Sumitomo Forestry Group Procurement Policy

The Sumitomo Forestry Group has been committed to responsible timber procurement activities by establishing Timber Procurement Standard and Timber Procurement Philosophy and Policy in 2005 and 2007 respectively. In 2015 with the Sumitomo Forestry Group Procurement Policy, we expanded our scope beyond timber to include a wide range of other procured products, such as metals, ceramics, resin and other building materials, and based on this policy, are engaged in procurement activities that take into consideration the economy, society and environment.

Sumitomo Forestry Group Procurement Policy

The Sumitomo Forestry Group utilizes wood as a renewable natural resource in its business operations. To contribute to a sustainable society, we are committed to procurement activities that take into account economic, environmental and societal interests and comply with the following policy:

  1. Procurement based on legal and highly reliable supply chains
    Our procurement activities will strictly adhere to all relevant laws, regulations and societal norms, and be built on mutual understanding and trust with our business partners. Furthermore, to provide the highest quality products and services, we will work with our business partners to ensure that our procurement takes place within a sound and fair supply chain.
  2. Procurement based on fair opportunity and competition
    We will provide all our suppliers, both Japanese and foreign, a fair opportunity for business. Selection of our business partners will be based on a comprehensive evaluation of the company’s reliability and technological expertise, the product’s quality, economic efficiency, delivery date and environmental performance, and the company’s CSR (Corporate Social Responsibility) initiatives, such as advocacy of basic human and worker rights, anticorruption efforts and so on.
  3. Procurement of sustainable timber and wood products
    Wood is a renewable natural resource. To actively utilize it, we will work with our business partners on the following initiatives related to the procurement of timber and wood products:
    • Procure timber from forests that are sustainably managed
    • Work to improve the traceability of procured timber and wood products
    • Strictly adhere to the laws and regulations of the countries and regions we log in, protect biodiversity and forests with high conservation value, and respect the cultures, traditions and economies of regions that coexist in harmony with forests.
  4. Communication
    To ensure the transparency of our procurement efforts, we will disclose information appropriately. In addition, we will communicate with our stakeholders to further improve our procurement activities.

President and Representative Director Toshiro Mitsuyoshi

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Targets and Results of Supply Chain Management

The Mid-Term Sustainability Targets advocate the building of sustainable supply chains as one goal and set targets and promote initiatives related to sustainable procurement surveys with particular focus on our supply chains.

Our specific plan for fiscal 2021 sets a 100% implementation rate of sustainability procurement surveys for suppliers of imported timber products and an 80% implementation rate in the supply chain of the domestic housing department.

Our results for fiscal 2020 succeeded in a 100% implementation rate of sustainability procurement surveys for suppliers of imported timber products and a 97.3% implementation rate in the domestic housing department, which achieved our targets.

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Sustainability Report