We recognize that developing win-win partnerships with our business partners is our opportunity and responsibility to enhance the quality of life of people in the society. Given that our business is diverse in products and raw materials used, we therefore developed the Sustainable Sourcing Policy and Supplier Guiding Principle in 2014 and have operated in compliance with our policy and principle through a participatory approach since 2015.
Reflective of our focus on operating in a socially and environmentally responsible manner throughout our supply chain, we are committed to selecting new business partners and annually conducting audits based on labor practices and human rights, environmental impacts, and supply chain risks management. To minimize potential risks within our supply chain, our audits mainly focus on those who have significant business risks, those on which we have high spending, those who supply us with critical components, and those who are non-substitutable.
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