Green Purchasing

Reducing the Environmental Impact of Our Products and Services

As part of its efforts to preserve the environment, the Cosmo Energy Group aims to reduce the environmental impact associated with the manufacturing, use, and disposal of products as well as with the provision of services to companies. We actively promote green purchasing by procuring goods that have a low impact on the global environment, and by doing business with environmentally friendly suppliers.

Implementation Method

When performing purchasing activities, Cosmo Energy Holdings and its three core operating companies¹ make comprehensive decisions based not only on quality, price, and delivery time, but also on a green assessment. This kind of assessment represents a comprehensive evaluation of the following two points.

1. Cosmo Oil, Cosmo Oil Marketing and Cosmo Energy Exploration & Production

1. Product environmental characteristics

Green assessment targets	Consumables, etc. (copy paper, office supplies, lighting, fixtures and fittings, office furniture, copiers, and automobiles) Construction, materials and equipment (for refineries, distribution terminals, oil depots, and service stations) Information system equipment (computers, printers, scanners, magnetic disks, displays, and communication devices, etc.) Sales promotion products
Assessment method	Evaluation of the environmental characteristics according to our Environmental Considerations for Goods.

2. Supplier environmental initiatives

Green assessment targets	Suppliers providing goods (excluding crude oil and petroleum products) and services
Assessment method	We are asking our suppliers to complete a proprietary questionnaire in accordance with our “Sustainable Procurement Policy” and “Sustainable Procurement Guidelines.”