About NGK

NGK Group Procurement Policy

1. Basic Approach

With “relationship with society”, “open and fair,” and “partnership” at the core of its procurement activities, the NGK Group aims for mutual prosperity based on mutual trust with suppliers through open, fair, and equitable procurement practices that not only comply with laws but also take into consideration global environmental conservation, respect for human rights, and the working environment.
Through these series of actions and activities, we will promote sustainable procurement and provide valuable products and services to society as a whole.

2. Applicable Laws and Regulations

The NGK Group complies with the laws and regulations of the respective countries or regions in which it conducts its procurement activities.

3. Scope

This policy applies to the procurement practices of all officers and employees of the NGK Group. The NGK Group also requires its suppliers to comply with this policy and its objectives.

4. Priority Initiatives

The NGK Group will:

Comply with necessary laws, regulations and international norms, and conduct procurement activities that meet the demands of society as a whole, including respect for human rights, environmental conservation, and coexistence with regional communities;
Offer open entry opportunities to all suppliers, regardless of location, size, or business track record;
Select suppliers fairly and impartially, considering aspects such as quality, technology, price, delivery time, and ESG factors;
Build respectful and equal relationships with all suppliers, as they are important partners in creating market value together;
Make every effort to seek and achieve procurement activities throughout the supply chain that are in line with our Group’s policies, guidelines, and norms;
Pursue responsible raw material procurement throughout the supply chain, conducting procurement activities that take into account the impact on regional communities, including avoiding the use of conflict minerals; and
Strive to conserve the global environment and biodiversity by introducing clean energy and reducing greenhouse gas emissions throughout the supply chain.

5. Correction and Improvement

If a violation of this policy or priority initiatives arises in our procurement activities through the NGK Group or its suppliers, or if concerns about such a violation become apparent, we will work with the relevant parties to correct and improve the situation appropriately and effectively.