Sustainable Supply Chain
Suppliers are a vital factor for the continued success of HTC, we were founded in Taiwan and are a Taiwanese company whose operations and procurement drives the development of the related sectors. Besides key components, we try to purchase local raw materials and related equipment. In addition to reducing the carbon emissions of the overall supply chain and creating local employment opportunities, it can also reduce the risks of the overall supply chain. The amount of local raw materials purchased accounted for 56.39%. While demanding high-quality services and products, we also use high ethical and environmental standards to manage our supply chain.
HTC requires all suppliers to maintain the same standard of corporate responsibility and announces the
“Modern Slavery Act Transparency Statement”
.
We collaborate with suppliers to abide by the latest statement to embody justice and human rights.
HTC is a member of the Responsible Business Alliance (RBA), follow the RBA Code of Conduct and formulated an
“HTC Supplier Code of Conduct ”
, which aims to protect the environment with our supply chain partners, safeguard the human rights of our workers, their ethics, safety and health, and extend this social responsibility to the supply chain system. And organize irregular supplier meetings every year to promote relevant topics. We also hold supplier meetings from time to time every year to promote relevant issues. To ensure effective implementation, supply chain ESG management and plans are formulated and implemented after discussions between the procurement unit and the sustainability office, and are supervised by the ESG Committee.
A Quick Look at the HTC Supply Chain Management
Supplier capacity improvement
We hold various supplier sustainability seminars, and provided the latest ESG development trends, analyze the main priorities and actions of the supply chain in various issues, and strengthen the cooperative relationship through two-way communication. It also provides the supply chain with the ability to enhance environmental and social responsibility. In 2023, three supplier training sessions were held, with more than 295 suppliers participating. We also offer the RBA e-Learning Academy training system to encourage suppliers to learn synchronously.
Supply Chain Climate Engagement
HTC’s net-zero commitment represents not only HTC’s determination to promote zero-carbon transformation, but also an oath to work with the supply chain to take positive actions towards low-carbon transformations. We are committed to reducing value chain carbon emissions by 25% in 2030 compared with the base year (2021) through initiatives, establishment of supplier climate capabilities, and supply chain greenhouse gas management strategies.
HTC became a CDP Supply Chain Member in 2023 and further integrated supply chain CDP performance into the ESG scorecard to manage the environmental impacts caused by the supply chain and incorporate supplier rating results into procurement evaluations, thereby advancing the overall supply chain’s ability to address climate change.
The Green Supply Chain Management System
In order to enhance the reliability of green products and comply with international regulations and customer requirements, we established a Green Supply Chain Management platform in 2006. This platform enables our R&D engineers to select environmentally friendly materials from the product database during the early stages of product design to reduce the subsequent verification time significantly. Furthermore, we require all new suppliers to meet the HSF rating criteria, with a 100% compliance rate achieved in 2023. To strengthen the ESG standards of our business partners, we have incorporated ESG performance assessments into our quarterly business review (QBR) starting from 2022 with an aim to foster a green and sustainable supply chain.
