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In TASAKI’s materials procurement, as well as ensuring quality, we place importance on sustainability perspectives, including compliance with laws and regulations, prevention of corruption, health and safety in labor environments, and protection of the environment.
We also work with suppliers and pursue initiatives that will lead to the growth of the industry as a whole.
Under our procurement rules, TASAKI stipulates detailed conditions for the procurement of materials, emphasizing that our business partners must be able to provide a stable supply of quality materials and have an excellent track record and reliability.
For new transactions, our buyers first select business partner candidates according to the conditions stated in our procurement rules and obtain the approval of the executive director in charge before beginning trading with the new business partners.
TASAKI works exclusively with trusted suppliers who meet our rigorous procurement standards. The diamonds we handle are sourced with careful consideration for labour conditions, environmental protection, anti-corruption measures, and responsible business practices.
TASAKI has a policy of handling only natural diamonds, but in this industry, it is not uncommon for synthetic diamonds (known as laboratory grown diamonds.) to become mixed up with natural diamonds accidentally in the course of trading.
TASAKI employs the latest equipment and third-party appraisers to distinguish between synthetic and natural diamonds both at the point of shipment from the business partner’s side and on delivery to TASAKI.
Through this process, TASAKI maintains our targeted quality standard and also contributes to increasing the credibility of the industry as a whole.
TASAKI shares with other pearl farmers the knowledge that we have accumulated in our many years of operating our own pearl farms, as well as baby oysters with pedigrees that have lower rates of necrosis, produced by joint research, including participation in industry-academia-government projects on artificial spat production. In these and other ways, we are working to ensure the stability and growth of the pearl farming industry.*1
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*1 Related content: Pursue Environment-Friendly Business Activities/Conservation of Marine Environment
Editorial Policy
Scope of report
The information in this report primarily covers TASAKI & Co., Ltd. Where other Group companies are included, this is made clear in the text. All references to “TASAKI” in the text refer to TASAKI & Co., Ltd.
Period covered by this report
Most of the information provided in this report concerns the period from November 1, 2021 to October 31, 2022, the fiscal year of TASAKI & Co., Ltd. However, the qualitative information contains some information covering the period from fiscal 2021 and earlier or fiscal 2023. In such cases, this is clearly stated in the text.
Publication Timing
Publication date: August 23, 2023
Guidelines referenced
GRI / ISO 26000
Forward-looking statements/Disclaimer
Forward-looking statements found in this report are based on information obtained by TASAKI until the publication of the report and certain assumptions determined to be reasonable. They are not intended as a guarantee by TASAKI, and for various reasons, actual results may differ considerably from the forward-looking statements contained herein.