The OLC Group upholds the “The OLC Group Procurement Policy” in order to ensure compliance with laws and regulations and to fulfill our sustainable procurement objectives and social responsibility across a wide range of issues including product safety, worker safety, respect for human rights, and environmental conservation. This policy was approved by the Board of Directors.
Based on the policy, we employ a fair supplier selection process that gives due consideration to quality, price, technology, delivery lead times, and management policy. Once suppliers have been selected, every effort is made to promote fair and proper dealings and to build effective, healthy partnerships by giving our suppliers access to the whistleblower system.
Furthermore, with reference to international standards, we established and operate the “The OLC Group Vendors Code of Conduct” as a code of conduct for our suppliers. In April 2024, we updated our Code to include references to internationally accepted principles of human rights, environmental issues, responsible raw material procurement, and detailed rules for application.

In July 2021, we established a Supply Chain Management Subcommittee under the Corporate Conduct Committee, which is an advisory body to the Executive Committee and is chaired by the director of the Corporate Strategy Planning Division (Executive Director and Executive Officer). In collaboration with suppliers, we are formulating strategies to achieve sustainable procurement, monitoring our progress toward our goals, and setting our policy.

[Risk]

• Manifestation of risks due to insufficient supply chain management
   

[Opportunity]

• Expanding competitive advantages by giving due consideration to the environment and society across the entire supply chain
   

Formulating a policy to achieve sustainable procurement in collaboration with suppliers.

Moreover, in October 2014 we introduced a “Voluntary Investigation List” – a self-check sheet that enables our suppliers to verify their own compliance with the OLC Group Vendors Code of Conduct— and are working to make improvements based on the results, cooperating with suppliers if necessary. In April 2024, we updated the name of the Voluntary Investigation List to “Self-Assessment Sheet” and included references to internationally accepted principles of human rights, environmental issues, responsible raw material procurement, and so on.
When starting certain new transactions, we require, as an internal condition for approval, that suppliers prove their compliance with the Code of Conduct, which includes categories such as compliance with laws and regulations, product safety, safety of workers and respect for human rights, and environment, by acquiring the self-assessment sheet as a risk assessment.
To assist suppliers in completing their self-assessment sheet, we ask them to read through the Vendors Code of Conduct Guide, which aims to help suppliers and their subcontractors understand the purpose behind each requirement set forth in the Code of Conduct and the concrete measures that should be taken to fulfill the requirements.
Furthermore, in order to keep monitoring suppliers' compliance with each category of the Code of Conduct, we also ask existing suppliers to complete self-assessment sheet as a risk assessment every two years, and set compliance with it as a condition for continuous transactions.
The OLC Group will continue to adhere to the highest ethical standards in compliance with the law, social norms, and behavior set forth in the “The OLC Group Vendors Code of Conduct” and will continue to promote sustainable procurement, while collaborating with our suppliers based on the self-assessment sheet to fulfill our social responsibility throughout the entire supply chain

Tokyo Disney Resort

The factories commissioned to manufacture products sold at the Theme Parks and Disney-brand products are required to comply with Disney’s International Labor Standards program (ILS program), which sets standards to prevent child labor, forced labor, discrimination, and to ensure the health and safety of the workers.
For Disney’s supply chain management, please refer to the Operating Responsibly. 

Tokyo Disney Resort

At Oriental Land Co., Ltd., we make efforts to strengthen collaboration with our suppliers through a variety of measures with the aim of complying with laws and regulations, ensuring product safety, and fulfilling a wide range of social responsibilities throughout the supply chain, including protecting workers’ safety, respecting human rights, and protecting the environment.

We ask our suppliers to cooperate with on-site audits performed by our employees and designated third-party auditors and with pre-shipping inspections performed by designated third-party auditors in accordance with the type and category of the products they produce.
Our Disney-brand products are manufactured in compliance with Disney’s International Labor Standards program (ILS program) that sets standards to prevent child labor, forced labor, discrimination, and ensure the health and safety of the workers, and have been manufactured in factories assessed as fulfilling the ILS requirements through regular audits. When initiating manufacturing, an OLC audit is implemented to assess the skills and productivity of the manufacturer in order to ensure both safety and quality.
When non-compliance has been pointed out by an ILS program auditor or the OLC Group’s auditor, we propose ideas for improvement and provide other support.

In July 2023, we distributed a briefing video online to help our suppliers understand Disney’s ILS program—which sets standards to prevent child labor, forced labor, and discrimination, and to ensure the health and safety of workers—and inform them about what precautions to take. A total of 164 suppliers viewed the briefing video. Under the ILS program, we support suppliers by showing examples of improvement ideas for cases of noncompliance involving inappropriate record keeping, nondisclosure of employment status information during audits, use of unauthorized factories, and emergency measures such as safety drills and fire protection measures.

Also, we informed our suppliers about our quality control policy, the details of the OLC audit, the importance of tests and inspections, and how to address the drastic changes occurring lately in the environment and further strengthen quality control. 

The OLC Group positioned supply chain management as an area of our ESG materiality, and set the following targets. We will discuss and consider what kind of system we should establish to achieve sustainable procurement.

In procuring various raw materials used in the OLC Group’s business activities, we give due consideration to their social impact, including on human rights and occupational safety, as well as their environmental impact across the supply chain. Regarding some raw materials, we have set particular targets or direction of initiative. The objected raw materials and their initiatives will be reviewed according to their necessity considering environmental, social, and economic situations. 

We collaborate with our suppliers and contractors to engage in responsible and sustainable raw material procurement throughout the supply chain.

• Formulated the OLC Group Procurement Policy
• Set individual targets and established directions of initiatives for some raw materials
• Decided to revise the OLC Group Vendors Code of Conduct and Voluntary Investigation List (renamed the Self-Assessment Sheet) in April 2024, and started implementation in April
• Notified key supplier in advance of the revisions of the Vendors Code of Conduct and Self-Assessment Sheet