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Socially Responsible Procurement Policy

Basic Approach on Respect for Human Rights

Mitsubishi Corporation RtM Japan believes that respect for human rights is fundamental to conducting of businesses.
Our Code of Conduct stipulates : respect for human rights ; prohibition of discrimination ; prohibition of harassment; learning the culture, customs, and history of each country and region, and having a proper understanding and recognition of human rights issues; not supporting forced labor, child labor, or other inhumane treatment at our business partners or in our supply chain; and striking a balance between work and life. Mitsubishi Corporation RtM Supply Chain CSR Guidelines also sets forth: prohibition of forced labor, prohibition of child labor, prohibition of discrimination, and prohibition of inhumane treatment.
Moreover, after reorganizing and clarifying our approach on respect for human rights and to promote efforts to do so, we formulated the following Human Rights Policy in November 2024, which has been approved by the Board of Directors.

Human Rights Policy

  1. Our commitment to respect human rights
    We believe that respect for human rights is fundamental to our business across the world. In an increasingly complex business environment, we face various human rights challenges. We believe that respecting and promoting human rights are directly linked to the sustainability of our business activities. Since our founding, we, as a subsidiary 100% owned by Mitsubishi Corporation, have been promoting fair and sound business activities based on our corporate philosophy, the Three Corporate Principles. The Three Corporate Principles guide us in striving to enrich society, both materially and spiritually, while contributing towards the preservation of the global environment. We believe respect for human rights relates deeply rooted in our philosophy. Based on these beliefs, we have established this Human Rights Policy (hereafter “this Policy”), which represents our commitment to respect human rights throughout our business activities.
  2. Scope of application
    This Policy applies to all persons working for Mitsubishi Corporation RtM Japan Ltd.
  3. Outreach to business partners
    We recognize the importance of respecting human rights not only within our own business activities but also throughout our value chain. We will work together with our business partners, including our suppliers, to respect human rights in line with this Policy.
  4. Support and respect for international norms
    We support international norms on human rights, including the International Bill of Human Rights (Universal Declaration of Human Rights and International Covenants on Human Rights), the Declaration on the Fundamental Principles and Rights at Work of the International Labour Organization (ILO), the United Nations Guiding Principles on Business and Human Rights.
    We comply with the local laws and regulations of the countries and regions in which we operate. In cases where there is a conflict between internationally recognized human rights principles and the laws and regulations of the country or region in which we operate, we will seek ways to honor the international principles.
  5. Human Rights Due Diligence
    We conduct human rights due diligence to identify, prevent and mitigate adverse impacts on human rights and engage with affected stakeholders where relevant. We pay special attention to vulnerable or marginalized individuals and strive to identify actual or potential adverse human rights impacts that our business activities have caused or contributed to.
  6. Human rights issues related to business activities
    We recognize the following as major human rights issues related to our business activities and will work to address them.
    1. Prohibition of discrimination
      We prohibit any discrimination based on race, ethnicity, creed, religion, gender, gender identity, sexual orientation, nationality, age, origin, mental or physical disability, illness, or any other grounds.
    2. Prohibition of inhumane treatment
      We do not tolerate any forms of inhumane treatment including mental or physical abuse and harassment.
    3. Providing a safe and healthy working environment
      We provide our employees with a safe, and healthy working environment.
    4. Respect for freedom of association and right to collective bargaining
      We respect the right of employees to organize and to bargain collectively as a means to facilitate dialogue among employees and management regarding, but not limited to, working conditions and wage levels.
    5. Securing appropriate working hours and wages
      We properly manage our employees’ working hours. We compensate our employees at least the statutory minimum wage, and endeavor to pay at least the living wage.
    6. Prohibition of all forms of forced labor
      We employ all of our employees at their free will and prohibit the use of forced labor.
    7. Prohibition of all forms of child labor
      We do not employ children under the minimum working age and prohibit any forms of work that impairs their physical and mental development.
    8. Rights of indigenous peoples and local communities
      We respect the rights of indigenous and local people as defined by the laws and international arrangements of the countries and regions in which we operate. We will take measures that our business operation will not cause or contribute to cause threat to the rights of indigenous and local people.
    9. Environment
      Acknowledging the adverse impact of environmental destruction on human rights, we take measures to protect the global environment within our business activities. This includes addressing climate change and preserving and restoring natural capital, notably biodiversity.
    10. Diversity, Equity & Inclusion
      We aim to foster an inclusive society where individuals with diverse values and personalities are respected and have equal opportunities to participate and contribute.
  7. Remedy
    When we identify that our business activities have caused or contributed to adverse human rights impacts, we will remediate such impacts through legitimate processes.
    In case if adverse impacts were directly linked to our operations, products, or services by a business relationship, we will endeavor to correct and remedy the situation by using our leverage.
  8. Grievance mechanism
    We recognize that establishing a grievance mechanism, which consists of a series of processes to address internal and external stakeholder grievances, is crucial to identifying adverse human rights impacts concerning our operations and value chain. We will establish and operate grievance mechanisms to enable individuals and groups to show concerns about adverse human rights impacts caused by our business activities and seek remedies.
  9. Education and capacity building
    We will provide the necessary training and capacity building to ensure that our officers, employees, suppliers, and other business partners understand the importance of respecting human rights and put it into practice.
  10. Information disclosure
    We ensure transparency by regularly and appropriately disclosing information on our human rights efforts and their progress.
  11. Stakeholder engagement
    We engage with relevant stakeholders through sincere and constructive dialogue to understand, improve and address human rights issues.
  12. Governance and management system
    Our human rights efforts are overseen by the Officer Responsible for Sustainability and CSR. Following deliberations by the Management Committee, these efforts and practices are put forward or reported to the Board of Directors.

Established on November 8, 2024

Mitsubishi Corporation RtM Japan's Socially Responsible Procurement Policy

Mitsubishi Corporation RtM Japan's Socially Responsible Procurement Policy

A Request to All Our Business Partners

As a global company, we operate an increasingly global supply chain in terms of product, raw materials and resource procurement. We cannot fulfill our corporate social responsibility activities effectively as a single isolated firm, and so we are expected to develop CSR activities across our entire supply chain.

Mitsubishi Corporation RtM Japan Ltd. pursues socially responsible corporate management. As a general trading company engaged in the metals and minerals resources business, we seek to communicate fully with our business partners and promote CSR activities when conducting business across the supply chain. Society demands no less of us, and we also feel it is a vital part of our corporate responsibility. Based on that conviction, we compiled the Mitsubishi Corporation RtM Supply Chain CSR Guidelines to help guide our procurement policy.

We ask all our business partners to understand and accept our CSR procurement policy, and, in the spirit of mutual trust and prosperity, to join our collaborative pursuit of social responsibility as a constituent member of a comprehensive supply chain.

We are asking all product suppliers to fill out the Mitsubishi Corporate RtM CSR Survey in Japanese, English, or Chinese. We may inquire about your responses submitted to us and make proposals for potential improvements to our supply-chain CSR activities. Your understanding and cooperation are appreciated.

We followed up individually and cooperatively made improvements with partners whose responses raised concerns about themes we regard as particularly important such as human rights, the environment, fair trade, and prevention of corruption.

Going forward, our company will continue to conduct surveys of applicable business partners, and utilize the submitted inspection results to further promote CSR in our supply chain. We request the cooperation of all our partners.

Mitsubishi Corporation RtM Supply Chain CSR Guidelines

  1. Forbid forced labor
    Ensure all employees enter employment voluntarily, and avoid forcing employees to work against their will.
  2. Forbid child labor
    Do not hire minors who have not yet reached the legal minimum working age.
  3. Provide safe, sanitary, and healthy working environments
    Strive to offer employees a safe, sanitary, and healthy working environment.
  4. Respect employees' right to organize
    Respect employees' rights to organize for the purpose of negotiating working conditions and wage levels with management.
  5. Forbid discrimination
    Eradicate employment discrimination, ensure equal opportunities and fair treatment in the workplace.
  6. Forbid inhumane treatment
    Respect employees' human rights, forbid all oppressive and inhumane treatment including abuse and all forms of harassment.
  7. Ensure appropriate working hours
    Manage employee's working hours, rest days, and holidays appropriately.
  8. Offer fair and appropriate remuneration
    Pay employees at least the minimum legal wage, refrain from reducing remuneration unjustly.
  9. Commit to trade fairly and prevent corruption
    Respect national and international laws and regulations, commit to trade fairly and prevent corruption.
  10. Consider the environment OR Act in an environment-conscious manner
    Seek to protect the environment by considering the impact of business activities on local communities and ecosystemsGreen Procurement Policy
  11. Information disclosure
    Conduct timely and appropriate disclosure of information pertaining to all the above guidelines.

Green Procurement Policy

  1. Mitsubishi Corporation RtM strives to procure products made in factories that have adopted advanced environmental protection measures, and products that have a milder impact on the environment.
  2. Mitsubishi Corporation RtM recognizes its mission as a trading company involves fully grasping the green procurement policies of business customers, and then obtaining and conveying accurate information about chemical substances contained in any products we provide. Through these procurement activities, we hope to contribute to environmental protection on a global scale as well as encouraging business customers to better control chemicals in products and effectively manage the supply chain.
  3. As a trading company positioned in the middle of the supply chain, it is important for Mitsubishi Corporation RtM to fully understand the green procurement policies of its business customers and act in accordance with those policies. The green procurement policies of each customer will differ depending on the country or business category. We have a responsibility to explain to our suppliers all necessary considerations relating to business transactions, and we ask for their understanding and cooperation regarding these procedures.
  4. Mitsubishi Corporation RtM asks all product suppliers to fill in its Survey on the Management of Chemicals in Products. We will check the management systems of some suppliers individually, and take steps cooperatively make improvements, so we would appreciate your support. Going forward, we plan to continue conducting surveys, and would like to request the continuing support of all our suppliers.

    If deemed necessary, we may also ask suppliers to submit a guarantee of non-use of chemicals in products, input data into the system we specify for managing chemicals in products, or undergo an audit of environmental quality assurance systems conducted by our customers.

Mitsubishi Corporation RtM aims to use its green procurement initiatives to respond and contribute not only to the solid management of chemicals in products, but also to the building of a recycling-oriented society, the prevention of global warming, and the promotion of the 3Rs (Reduce, Reuse, Recycle). We ask all our suppliers to accept and embrace Mitsubishi Corporation RtM's green procurement policy.