Policy to Prevent Bribery and Corruption
The Group positions compliance as a management issue of the highest priority, and in addition to ensuring compliance with laws, regulations, and social norms, it forbids any kind of corruption, and executes corporate activities that are fair and highly transparent, in line with corporate ethics. To that end, the Group makes concerted efforts to maintain and improve its compliance structure.
The Mitsui Fudosan Group Compliance Policies sets forth the relevant compliance definitions and conduct guidelines, as well as summarizing the structure and procedures needed to achieve its basic policies as its Compliance Rules, with a specific code of ethics codified as the Compliance Procedures.
Moreover, the Group has set conduct guidelines for areas such as eliminating organized crime, preventing money laundering, eliminating unfair transactions, preventing insider trading, prohibiting gifts and entertainment, and forbidding contributions to politicians and political organizations. In this way, it makes consistent efforts to ensure compliance and prevent bribery and corruption of any kind.
Furthermore, the Group formulated the Sustainable Procurement Standards in 2018, and is working to completely eliminate bribery and other forms of corruption throughout the entire supply chain.
Mitsui Fudosan Group Compliance Policy
We have engaged in fair business activities based on the highest corporate ethics and worked diligently to garner trust and build a robust brand.
However, these tireless efforts to build a robust brand strength can be lost in an instant by the erroneous actions of a single individual. As a result, proper decision-making and behavior will continue to increase in importance.
To accomplish this, we regard the practice of compliance as one of our highest priorities for Group management and implement fair and highly transparent corporate activities in accordance with corporate ethics, in addition to observing laws and regulations as well as social norms.
Mitsui Fudosan Group Sustainable Procurement Standards
Companies shall not engage in bribery, corruption, extortion, or embezzlement of any kind. In addition, companies shall not offer or condone promises, offers or permits as a means of obtaining bribes or other illicit or inappropriate benefits.