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Raw Materials Purchasing Policy

Raw Materials Purchasing Policy

JFE Steel Corporation has developed and operates a sustainable procurement system for sourcing raw materials based on the company’s commitment to respecting human rights, complying with all laws and regulations, and protecting the environment. To ensure observance of these principles, the company requests that suppliers adhere to the following Business Conduct Guidelines. JFE Steel appreciates the cooperation of suppliers in agreeing to, accepting and implementing these guidelines.

Business Conduct Guidelines

1.Respect for human rights

We recognize the diverse values of individuals, and both respect and support every individual’s human rights pursuant to international laws.

We reject child labor, forced labor, and human trafficking. We do not tolerate inhumane treatment. We do not purchase conflict minerals.

We strive to prevent work-related accidents and related incidents, and create safe and healthy work environments.

2.Legal compliance

We comply with all applicable laws and regulations and social conventions in the countries and regions in which we operate. We do not participate in bribery of governments or public officials and we strive to prevent corruption and bribery.

We engage in fair and free competition and provide stable supplies of high-quality products and services.

3.Environmental protection

We strive to reduce our CO2 emissions and implement other measures to prevent climate change.

We work to prevent air, marine, water, and soil pollution.

We promote resource recycling and energy conservation for the sustainable use of the earth’s limited resources.