THE WHAT? Shiseido has revised its Group Procurement Policy in order to promote sustainable and responsible procurement together with its suppliers.
THE DETAILS The new policy outlines requirements for the J-beauty giant’s suppliers in relation to the environment and human rights, clearly states that it will evaluate suppliers from the perspective of sustainability as well as introducing a strict, objective risk identification and correction process through third-party audits. Shiseido will start announcing the new policy to its suppliers sequentially.
THE WHY? The move is part of the J-beauty giant’s corporate mission and long-term strategy, which places sustainability at the core of its business management.
