台新新光金控

Sustainable supply chain management is a cornerstone for boosting business competitiveness and reducing operational risk. Taishin's suppliers are all key partners on the path to business growth. Every stage from preliminary supplier screening to medium- and long-term observation of fulfillment of the sustainability promise embodies the commitment of Taishin to working together with suppliers to build a strong sustainable supply chain.

Management Policies

The general administration departments of the subsidiaries of Taishin FHC follow the Taishin FHC Supplier Management Regulations for better ESG supplier management. All suppliers who establish a purchasing relationship with the Company are required to sign a "Supplier Commitment Statement" at the time of contract signing. The signing rate has been 100% every year. The statement covers requirements in areas including corporate ethics and integrity, risk management, labor and human rights, social welfare, and environmental protection. It also provides the basis for monthly satisfaction surveys, annual supplier self assessment questionnaires, annual Supplier Human Rights Risk Assessment questionnaires, annual supplier assessment, and supplier conferences to be conducted afterwards to monitor and assess supplier performance.

The Taishin Supplier Management Regulations are based on international guidelines including the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights, the UN Global Compact, ISO 26000, the International Labour Organization, the Social Accountability 8000, and the Code of Conduct - Responsible Business Alliance (RBA) as well as ISO 27001. The regulations share the same emphasis on protection of human rights as the rest of the world and include "prohibition of child labor", "prohibition of human trafficking", "anti-harassment", and "collective bargaining" in the Supplier Management Guidelines and the Supplier Commitment Statement.

Over the years, Taishin's supplier conferences have focused on topics such as "Sustainable Procurement and Carbon Management Trends", "Human Rights Management", "Serious Sustainability Towards Net Zero" and "Internal Carbon Pricing". In 2024, Taishin focused on "Green Procurement", introducing the promotion process of green procurement, the declaration method and recognition standards, and explaining how to apply for green labels for products that meet the regulations in order to bring added value to brands and products while promoting environmental friendliness.

Suppliers Human Rights Risk Assessment

In 2024, Taishin conducted a 100% human rights risk assessment and provided 100% training for all 201 suppliers. Supplier risks were evaluated through a questionnaire covering past controversies and legal violations. Based on the assessment results, all suppliers were categorized as qualified, with 27% achieving full scores. Moving forward, Taishin will continue to provide training to suppliers through supplier conferences

Supplier Human Rights Risk Mitigation Measures