Supply Chain Responsibility

In 2008, we established a basic policy for all procurement-related operations, which includes following three points:

1. Create an ethical, clear, and open corporate culture and establish ourselves as a company that can be trusted by society.
2. Promote socially responsible procurement activities throughout the supply chain, including not only the Yokogawa Group, but also the suppliers of Yokogawa.
3. Comprehensively evaluate and select suppliers, giving priority to our commitment to being a good corporate citizen.

In this policy, the following are strictly prohibited: Discrimination by abusing higher advantages, imposing of unilateral conditions, and pursuing of personal benefits. We are also obligated to protect both personal and confidential information obtained during our transactions with suppliers.

By asking our suppliers to agree to the Yokogawa Supply Chain Guidelines and to provide appropriate quality, delivery schedules, costs, technologies, and services, our hope is that we can develop partnerships based on mutual understanding, cooperation, and trust.

For more information, see Procurement Informations.

In 2008, Yokogawa launched a Procurement Portal Website in Japan. The purpose of this website is to improve the quality of information and work efficiency for adopting and designing parts, by directly connecting suppliers and Yokogawa engineers.

With this website, the engineers can share the suppliers’ correct information in a timely manner. In addition, the standardized format used in part adoption and design improves work efficiency for both the suppliers and Yokogawa.

As Yokogawa is part of numerous supply chains we believe that we have to work with our supply chain partners on global issues, such as human rights issues and global environment issues.

In the areas of human rights, labor, environment, and anticorruption, which are defined in the United Nations Global Compact, Yokogawa has formulated guidelines and regulations for the entire Group and is engaged in legal compliance activities.

Also, Yokogawa is actively cooperating with its customers and suppliers to be a good corporate citizen.