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Suppliers are our partners in the development of products and services that meet customer expectations. Panasonic's procurement policy reflects its basic approach to procurement, as outlined in the statements below.
Our suppliers are essential partners who help us to create value by developing products that meet our customers' expectations. Based on relationships of mutual trust, we work closely with our suppliers to continuously improve and deepen cooperation. Amid growing demands for social responsibility in procurement activities, especially with regard to the environment and human rights, Panasonic is collaborating with its suppliers to improve CSR procurement and transparency.
Not only does Panasonic provide outstanding technologies and quality, it also promotes transactions with suppliers that are socially responsible. Our suppliers agree to follow the Panasonic management philosophy and guidelines for CSR procurement, and are required to sign the Standard Purchase Agreement that clearly stipulates considerations concerning human rights and the environment before business commences. Panasonic also periodically evaluates its suppliers based on their CSR activities, in addition to their quality, cost, delivery and service (QCDS) standards and management performance.
Panasonic has five core areas of focus in its approach to CSR procurement; Clean Procurement; Green Procurement; Compliance; Information Security, and; Human Rights, Labor, and Occupational Health & Safety.
While conducting business activities through partnerships with its suppliers, Panasonic is expected to ensure that corporate social responsibility (CSR) is being followed throughout its supply chain. We ask our suppliers to strictly adhere to the following CSR issues.