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. The amount of local raw materials purchased accounted for 62.88%. 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.
A Quick Look at the HTC Supply Chain Management
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 2022. 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.