CSR & Environment

Management System<Organizational Asset>

Corporate Philosophy and Code of Conduct

Around 400 years ago, Masatomo Sumitomo (1585–1652), the founding father of the Sumitomo Family, wrote in his letters, Monjuin Shiigaki: “You should exercise prudence in business and in all aspects of your life.” His guiding philosophy was passed down by his followers who eventually expanded it into business principles stipulated in the “Rules Governing the Sumitomo Family” in 1891. We now refer to this as the Sumitomo Spirit, which today encompasses the various elements of compliance, governance, risk management, and corporate social responsibility. It still remains as a yardstick to measure the ongoing performance of Sumitomo Metals.

Sumitomo Metals' Corporate Philosophy

We will preserve the Sumitomo Spirit and transmit it to the future,
treasure people and technologies, and contribute to society through manufacturing.

Sumitomo Metals' Code of Conduct

1.

Respect the Sumitomo Spirit, comply with laws and regulations, and maintain high ethical standards.

2.

Develop and provide high-quality and safe products and services that benefit society, and earn the satisfaction and trust of our customers.

3.

Promote fair and free competition and proper business practices, prohibit improper expenditures, and ensure a healthy and proper relationship with government administrations.

4.

Keep the public informed, disclose proper and accurate corporate information, and safeguard all confidential and proprietary information.

5.

Create a healthy and safe work environment, and appreciate the diversity of our employees.

6.

Contribute to global environmental preservation and to local communities.

7.

Permit no relationships of any kind with anti-social forces and organizations, and take firm action against all improper demands.

8.

Comply with laws and regulations of each country and region, and fully respect all international norms, cultures, and customs in conducting our business operations.

9.

Comply with this Code of Conduct and establish a company system to enforce it. In the event of a violation of this code, identify the cause promptly and take appropriate action to prevent its recurrence, and be held accountable.

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