Supply Chain Transparency Statement

For over ninety years, the company has aimed to contribute positively to the communities where it operates, guided by a consistent focus on care, responsibility, and high-quality standards. These core values influence how it interacts with children, employees, partners, and society as a whole. Expectations for ethical behavior are not limited to internal operations but extend across its entire network, including suppliers, contractors, and collaborators worldwide.

A strong emphasis is placed on respect for human rights and the dignity of individuals. Across the globe, many people continue to face conditions that fall short of acceptable standards, including forms of exploitation such as forced labor and child labor. Addressing these challenges requires coordinated global action and long-term dedication. International initiatives, such as the United Nations Sustainable Development Goals, have set clear targets to eliminate modern slavery by 2030. These goals highlight the important role businesses can play in promoting responsible practices and supporting meaningful change.

Recognizing that risks can exist within complex supply chains, ongoing efforts are made to identify and manage potential issues at every level. This includes direct operations as well as relationships with suppliers, subcontractors, and licensing partners. Protecting workers is viewed as a shared responsibility that spans all aspects of business activity. Alignment with globally recognized frameworks, including the UN Global Compact, reinforces the expectation that ethical standards must be upheld consistently.

Structured governance and clearly defined policies support these commitments. Internal oversight functions are responsible for monitoring compliance, addressing concerns, and guiding long-term strategies related to sustainability and responsible business conduct. Company-wide policies establish clear expectations regarding labor conditions, human rights, and ethical behavior. These standards apply globally and are designed to detect and address risks such as forced labor at an early stage.

Expectations for responsible practices are formalized through established guidelines that apply to manufacturing sites, suppliers, and business partners. These guidelines are based on applicable laws, international labor standards, and widely accepted human rights principles. They are incorporated into contractual agreements and supported by audit processes that allow compliance to be verified. Practices involving coercion, retention of identity documents, unfair recruitment fees, or any form of involuntary labor are strictly prohibited. Workers must always have the freedom to choose their employment without pressure, deception, or financial dependency.

Transparency is a key element of this approach. Regular reports outline the measures taken to prevent and reduce risks related to exploitation and human trafficking. These disclosures cover global operations and are prepared in accordance with legal requirements across different regions. By openly communicating policies, actions, and progress, the company aims to maintain trust and demonstrate accountability to stakeholders.

Beyond meeting regulatory requirements, there is a broader commitment to supporting future generations while acting responsibly toward both people and the environment. This includes promoting safe working conditions, encouraging inclusive workplaces, and contributing positively to society. Progress in these areas depends on continuous improvement, collaboration, and a willingness to adapt as new challenges emerge.

Looking forward, efforts remain focused on strengthening due diligence, expanding training and awareness, and working closely with partners to improve standards throughout the supply chain. While challenges will always exist, maintaining clear ethical priorities and high expectations helps ensure that growth is aligned with respect for human rights. Through ongoing dedication and shared responsibility, the company continues to work toward a more fair, transparent, and responsible global economy.