Sustainability Performance／Sustainable Supply Chain Management
Sustainability Performance
In order to enhance the competitiveness and resilience with our suppliers, we commit to pursuit sustainable procurement with ESG considerations in mind. We introduced ISO and in 2023, there were a total of 188 key suppliers, including 11 new suppliers, each with annual expenditures exceeding NT$1 million. Suppliers who have no further cooperation in 2024, or have their own ESG reports were exempted from the ESG annual self-evaluation. 11 new suppliers were screened and passed by using GRI environmental and social criteria, and all key suppliers were found no negative social and environmental impacts.
1. Signed Sustainability Terms
Status
In 2023, all key suppliers signed the Sustainability Terms with Sinyi.
2. Signed Procurement Ethics Standards
Status
In 2023, all procurement staff signed the Standards.
Further explanation
- We checked key suppliers whom we spent more than NTD 1 million, and their acknowledgement on the signing of Sinyi Group Suppliers Code of Business Conduct and Sustainability Terms.
- Within Sinyi Group, we improved the way of signing the Procurement Ethics Standard by using pop-up window on employees’ network system. Make sure every staff read and acknowledged.
- To ensure purchasing liaisons adhere to ethics practice, we provide Corporate Ethics Office as the channel for complaints and facilitate in supervision and management.
3. Implementation of Supplier Management Mechanisms
Out of the 177 existing suppliers, we checked a total of 162 and reached a completion rate of 91.5%. For the 11 new suppliers, all were checked and reached a 100% completion and pass rate.
| Year | 2021 | 2022 | 2023 |
|---|---|---|---|
| Number of suppliers checked | 152 | 127 | 173 |
| Number of suppliers checked and pass | 152 | 127 | 173 |
| Pass Rate | 100% | 100% | 100% |
[Note] Since the introduction of ISO 20400, only suppliers with procurement amount over NT$ 1 million were listed for evaluation.
Further explanation
- Existing suppliers complied with our management process and passed our review.
- New suppliers complied with our management process and passed our review.
4. Key Suppliers Work-related Disabling Injury Investigation
Status
100% of key suppliers have been inventoried
Further explanation
To investigate the work-related injuries of the key suppliers within the controllable range of Sinyi Realty. In order to promote the safety of the labor working environment, we have increased our inspections of supplier’s workers injuries since 2016.
In 2023, a total of 104 key suppliers fell into this category, 100% were inventoried. A total of 841,980 man-hours of labor were performed, during which a total of 11 incidents occurred. Average supplier work-related injury rate was 13.06. Most of the recordable work-related disabling injuries were traffic incidents. We will continue carry out traffic safety awareness lessons and give regular reminder.
| Indicator | Male | Female | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Year | 2021 | 2022 | 2023 | 2021 | 2022 | 2023 | 2021 | 2022 | 2023 | |
| Annual Labor Hours | 447,931 | 361,187 | 406,786 | 692,996 | 433,534 | 433,194 | 1,140,927 | 794,721 | 841,980 | |
| Fatalities Caused by Work-related Injuries | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Rate of work-related injuries(*1) | High-consequence | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 2 | 4 |
| Recordable | 4 | 7 | 4 | 3 | 4 | 3 | 7 | 11 | 7 | |
| Rate of recordable work-related injuries(*2) | 11.16 | 22.15 | 17.21 | 5.77 | 11.53 | 9.19 | 7.89 | 16.36 | 13.06 | |
| [Note 1] | Since 2020 we have followed GRI 403-9 Disclosure 2018 version, reported and divided the work-related disabling injuries into high-consequence and recordable categories. |
| [Note 2] | Rate of work-related disabling injuries＝Total No. of work-related Injuries / Total working hours x 1,000,000 |
5. GHG emissions of energy survey to key suppliers
Sinyi Realty joined in the Net Zero 2030/2050 Initiative, and we have been conducting GHG emissions of energy survey to our upstream and downstream key suppliers for 3 years.
The goal for 2030 was set to reduce GHG emissions of energy by 12.5% from the baseline year 2020.