Procurement

Message from the Senior Vice President, Supply Chain

Thank you for your continued support and cooperation in the procurement activities of the INPEX Group.

INPEX Vision 2035 - Realizing a Responsible Energy Transition outlines our long-term strategy through 2035, and our medium-term business plan.
We believe that the roles of the supply chain are crucial to the realization of this vision.

We are responsible for procuring and supplying the necessary goods and services at the right time and at the best value, at every stage of energy development.

The Supply Chain Unit has been restructured to become an independent procurement department directly under the President & CEO as part of the reorganization as of April 1, 2025. Going beyond the traditional framework, we aim to build a stronger and sustainable supply chain by strengthening cooperation with local and global suppliers.
As important business partners we aim to grow together with our suppliers. We look forward to continuing and further unhancing our partnership.

Yosuke Happo
Senior Vice President, Supply Chain

Newsroom

INPEX has established procurement policies(extracted from our Details on Ethical Procurement Guideline), which prohibits acts that impede fair and equitable competition (also specified in the Details on Ethical Procurement Guideline Open in new window ), and conducts procurement activities with reference to the Mission, Sustainability Principles, and Code of Conduct, which our company executives and employees abide by.
In 2022, INPEX also established the Supplier Code of Conduct, which stipulates our expectations to suppliers on 7 ESG-related matters, including compliance with labor and environmental laws, anti-corruption, and our company's human rights policy.

Procurement Policies (extracted from our Details on Ethical Procurement Guideline)

Ⅱ. Basic Guidelines for Procurement Activities

  • 1.
    To ensure transparency and establish fair and open procurement activities.
  • 2.
    To strive to create a symbiotic relationship with suppliers based on mutual trust and equal standing.
  • 3.
    To comply with and implement applicable laws and the INPEX Corporate Social esponsibility Policy.
  • 4.
    To conduct procurement activities with consideration of their effects on resource protection and environmental conservation.

IV. Principles toward Suppliers and Prospective Suppliers, and Evaluation of Suppliers

  • 1.
    To establish sound personal relationships with supplier’s person in charge, paying close attention to be neither superior nor subservient in attitude toward suppliers.
  • 2.
    To respond with sincerity to prospective suppliers who have made business inquiries, and provide any information necessary for the pursuit of business. Furthermore, when offers of prospective business suppliers cannot be accepted, to clearly notify him / her of the reason(s), and to avoid using language and behavior creating a wrong impression that the inquiry is unwelcome.
  • 3.
    To promote cultivation of new and healthy suppliers in addition to existing suppliers by reviewing and reassessing business agreements as necessary, in order to procure the best possible materials and services.

Supplier Code of Conduct

It is essential to INPEX that our business activities are conducted in a socially responsible way.
This Supplier Code of Conduct outlines our expectations of our suppliers to strive for sustainability throughout the supply chain.

INPEX hereby expects that each of our suppliers – including contractors, vendors, and service providers – in addition to their employees and suppliers, understand and comply with this document.

1. Human Rights and Labor Rights

INPEX supports international standards such as the International Bill of Human Rights, the International Labor Standards of the International Labor Organization, the United Nations Guiding Principles on Business and Human Rights, and the principles of the United Nations Global Compact. For this reason, our suppliers are expected to conduct business in a manner that respects human rights including:

  • 1.
    Ensuring no use of forced, prison or compulsory labor;
  • 2.
    No use of child labor;
  • 3.
    No discrimination in hiring, compensation, and other forms of treatment based on reasons other than rational factors such as the ability and aptitude of the individual. No unfair dismissal;
  • 4.
    Respecting the human rights of employees, with no inhumane treatment such as abuse, harassment, bullying, or retaliation;
  • 5.
    Provision of wages and benefits that meet or exceed the national legal requirements;
  • 6.
    Compliance with all applicable legal regulations on working hours;
  • 7.
    Respecting the freedom of employees to: associate without retaliation, intimidation, bullying, or harassment; join a labor union; and engage in protests, participate in collective bargaining agreements, and provide opportunities for labor-management dialogue.
  • 8.
    Ensuring a safe, hygienic and healthy work environment and managing risks to workplace safety such as accidents, the use of hazardous chemicals, noise and odors.

2. Fair Business Practice

Suppliers are expected:

  • 1.
    to maintain professional relationships with governments and civil servants, and not to provide, promise, or offer money, gifts, entertainment, or other economic benefits to improperly influence a business outcome
  • 2.
    not to give or receive improper benefits from/to customers or business partners
  • 3.
    not to engage in any illegal or unfair conduct such as fraud, bribery, corruption, cartels, collusion or abuse of dominant bargaining position
  • 4.
    to avoid any real, potential or perceived conflicts of interest
  • 5.
    not to have any relationships whatsoever with antisocial forces or groups
  • 6.
    not to engage in the infringement of intellectual property rights.

3. Environment

Suppliers are expected:

  • 1.
    to comply with all applicable laws, regulations and standards relating to, and thereby minimize negative impacts of their business activities on, the environment and biodiversity and set voluntary targets for improvement as necessary.
  • 2.
    to promote environmentally friendly voluntary initiatives, such as effective use of resources and energy, reduction of waste, and reduction of greenhouse gas emissions.

4. Confidentiality

Suppliers are expected to properly manage and protect personal information and confidential information obtained through business operations.

5. Local Community

Suppliers are expected to minimize the negative impact of their business operations on local communities, and to contribute to local development.

6. Whistle-blower system and grievance mechanism

Suppliers are expected to develop and maintain a whistle-blower system and grievance mechanism, and educate their employees about these reporting mechanisms for the early detection of fraudulent activities.

7. Disclosure

Suppliers are expected to actively disclose information to society and stakeholders to ensure transparency and accountability in the conduct of business activities.

Enacted on July 1, 2022

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