Responsible Procurement Guidelines

Responsible Procurement
Guidelines

March 2023

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Tokio Marine Group Responsible Procurement Guidelines

Responsible Procurement Guidelines

1. Fair and equitable transactions

We shall strictly comply with applicable laws, rules and regulations when conducting our business activities.

  • Compliance with laws, rules, and regulations and respect for international norms
  • Fair and free competitions
  • Quality and safety of products and services
  • Protection of intellectual properties
  • Prohibition of transactions with criminal forces
  • Political activities and political funding, and anti-corruption

 

2. Human rights and labor

We respect fundamental human rights as stipulated in the International Bill of Human Rights and the ILO Declaration*.

  • Prohibition of forced labor and human trafficking
  • Prohibition of child labor
  • Freedom of association and the right to collective bargaining
  • Prohibition of discrimination and harassment
  • Respect for diversity and promotion of inclusion
  • Appropriate management of working hours and wages
  • Occupational Health and Safety and wellness management

3. Environmental Protection

We will actively contribute to solving environmental issues and work to achieve carbon neutrality, a circular economy, and a nature-positive society.

  • Climate change mitigation and adaptation
  • Disaster resilience
  • Reduction of environmental impact and effective use of resources
  • Conservation of natural capital and biodiversity

4. Information security

We take measures to protect and enhance the security of data information received not only from within the company but also from our customers and third parties.

  • Protection of personal information and privacy
  • Confidential information
  • Cyber security

5. Establishment of management system

We will enhance communication with stakeholders through timely and appropriate information disclosure, including the establishment of a complaints desk.

  • Establishment of grievance mechanism
  • Public disclosure and communication

*The ILO Declaration sets forth minimum standards to be observed at work in four areas: freedom of association and the effective recognition of the right to collective bargaining, the elimination of forced labor, the effective abolition of child labor, and the elimination of discrimination in respect of employment and occupation.

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