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Sustainability

Home      Sustainability
  • Latest ESG News
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▶️Management of General Affairs Suppliers

  • WPG Supplier Code of Conduct

WPG Holdings values sustainable development and thus it is important for us to collaborate with our partners and promote mutual growth and corporate sustainability. Since 2018, in order to effectively implement supplier management, WPG Holdings, and its subsidiaries have formulated WPG Holdings Supplier Code of Conduct in accordance with the Responsible Business Alliance (RBA; formerly known as EICC) Code of Conduct, focusing on five aspects including labor, health, and safety, environment, ethics and management systems, to safeguard labor rights, prevent corrupt practices, and maintain management systems to ensure the implementation and execution of these principles.

New suppliers in the Greater China region are required to sign the “WPG Supplier Code of Conduct Commitment Letter” to commit to and confirm their understanding of our sustainability requirements and adherence to the Supplier Code of Conduct. In 2023, the commitment letter recovery rate for new suppliers was 100%. Additionally, we conduct the “WPG Supplier Code of Conduct Self-Assessment” annually, which includes investigating whether suppliers implement policies related to integrity management, anti-corruption, and anti-bribery. In 2023, we collected 172 self-assessment forms, achieving a 100% recovery rate.

  • General Affairs Supplier Evaluation

Since 2017, WPG Holdings continued to perform the supplier evaluation of partners with the aim to ensure and enhance the quality of suppliers and their services through the evaluation mechanism with holistic aspects while helping suppliers identify internal problems and developing improvement measures to implement effective supplier management. The average score for each item in the 2023 Supplier Evaluation is 3 points (total of 5 points).

  • Sustainable Supply Chain Seminar in 2023

To continue enhancing the suppliers’ awareness of sustainability issues and risk prevention capabilities, WPG Holdings has organized the Sustainable Supply Chain Seminar for two consecutive years and invited suppliers’ representatives from various regions to participate. The seminar covered the risks and challenges of corporate sustainability, the role and value of sustainable supply chains, and an introduction to WPG Supplier Code of Conduct (which includes ethics and integrity standards). Through the seminar, WPG expects to work with its supplier partners to promote the development of sustainable supply chains and communicate management requirements. In the future, we will continue to hold physical or online supplier conferences and related collaborative activities to strengthen supplier sustainability management.

  • Local and Green Procurement

In terms of procurement and contracting, WPG Holdings gives priority to local procurement and green procurement. In Taiwan, the proportion of procurement amount of general local suppliers in 2023 was 100%, the proportion of procurement amount of non-general local suppliers was 97%, and the proportion of green procurement amount was 1%.

 

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