Supply Chain Management

Mitsubishi Australia Ltd (MAL) endorses Mitsubishi Corporation (MC) Policy for Sustainable Supply Chain Management and adopts this in our business practice, as outlined here:

Supply Chain Management

As a company handling a diverse range of products and services across the globe, ensuring that our supply chains operate sustainably is crucial to our business. In order to reflect this, MC stipulates its requirements through the Mitsubishi Corporation Policy for Sustainable Supply Chain Management, established originally in February 2008. MC and all its suppliers take the same fundamental position towards the themes addressed in the Policy, which include human and labor rights, anti-corruption and environmental conservation.

Core Principles

Since its foundation, MC has adhered to three corporate principles which have guided its corporate philosophy and which place considerable emphasis on the importance of its corporate social responsibilities. Moreover, MC's Corporate Standards of Conduct state that the company will develop its business activities in compliance with all relevant laws and international regulations and that it will act responsibly and respect the highest social standards. The Corporate Standards of Conduct also underline MC's dedication to preserving the global environment and pursuing sustainable development through all aspects of its business activities.

Mitsubishi Corporation Policy for Sustainable Supply Chain Management Updated: December 2011

Policy

MC strives to ensure that business is conducted responsibly throughout its supply chains. In order to convey this stance to suppliers, the company has established the Mitsubishi Corporation Policy for Sustainable Supply Chain Management, which it expects all suppliers to understand, embrace and abide by.

(1) Forced Labor

Suppliers shall employ all employees of their own free will with no employee being subject to forced or bonded labor.

(2) Child Labor

Suppliers shall not employee people under the minimum legal working age of the country in question.

(3) Safe and healthy Working Environments

Suppliers shall work to provide employees with safe and healthy working environments.

(4) Freedom of Association

Suppliers shall respect the right of employees to associate freely and for these groups to negotiate working environments, wages and other matters with employers.

(5) Discrimination

Suppliers shall strive to ensure equal opportunities in the work place and shall not engage in discrimination with regard to recruitment and employment practices.

(6) Abuse and Harassment

Suppliers shall respect employees' human rights and must not tolerate abuse or any form of harassment.

(7) Working Hours

Suppliers shall ensure that employees' working hours and use of leave entitlements are appropriately monitored so as not to infringe upon any statutory regulations.

(8) Suitable Remuneration

Suppliers shall pay employees at least the statutory minimum wage and shall not unreasonably reduce wages.

(9) Anti-corruption

Suppliers shall engage in fair business practices, avoid corruption including bribery and extortion, and comply with applicable laws and regulations.

(10) Environment

Suppliers should work to protect the environment and will consider the environmental impact of their business activities on local communities and ecosystems.

(11) Information Disclosure

Suppliers shall disclose information with respect to the aforementioned matters in a timely and appropriate manner.