▶️Management of General Affairs Suppliers
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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.
To effectively implement supplier management and ensure a healthy working environment, employee respect, and compliance with environmental responsibilities and ethical standards throughout the company and its supply chain, WPG Holdings and its subsidiaries developed the WPG Supplier Code of Conduct in 2018, based on the Responsible Business Alliance (RBA) Code of Conduct (formerly known as EICC). Since 2019, WPG Holdings has required new suppliers in the Greater China region to sign the "WPG Supplier Code of Conduct Commitment Letter" to pledge their understanding of our sustainability requirements and commitment to adhering to the Supplier Code of Conduct.
Additionally, this commitment further facilitates the self-assessment process through the Supplier Code of Conduct, focusing on five key aspects: labor, health and safety, environment, business ethics, and management systems. This process is aimed at enhancing supplier performance and promoting respect for these areas, identifying and addressing issues, and improving overall practices.
In 2024, the response rate for new suppliers signing the commitment letter reached 100%. Additionally, the annual "WPG Supplier Code of Conduct Self- Assessment" was conducted, including surveys on whether suppliers implement policies related to ethical management, anti-corruption, and anti-bribery. In 2024, a total of 307 assessment forms were collected, achieving a 100% response rate.
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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 2024 Supplier Evaluation is 3 points (total of 5 points).
- Sustainable Supply Chain Seminar
To continue enhancing the suppliers’ awareness of sustainability issues and risk prevention capabilities, WPG Holdings has been planning and organizing the Sustainable Supply Chain Seminar since 2022 and has held it for three consecutive years. 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 plan and hold physical or online supplier conferences and related collaborative activities to strengthen supplier sustainability management. A total of 40 companies participated in the Sustainable Supply Chain Seminar in 2024, achieving a 100% participation rate.
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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 2024 was 100%, the proportion of procurement amount of non-general local suppliers was 99%, and the proportion of green procurement amount was 1%.