Sustainability Performance／Sustainable Supply Chain Management
Sustainability Performance
In 2024, Sinyi engaged 77 key suppliers, including new ones, all with annual expenditures over NTD 1 million. Suppliers with no further cooperation in 2025 or with existing ESG reports were exempted from the annual ESG self-assessment. All 12 new suppliers were screened and passed using GRI environmental and social criteria, representing 100% of new suppliers in the reporting year. Among the 77 reviewed suppliers, although two ceased operations due to business adjustments, no negative environmental or social impacts were identified.
1. Singed Business Code of Conduct and Sustainability Terms
Status
In 2025, all key suppliers signed the Sustainability Terms with Sinyi.
2. Signed Procurement Ethics Standards
Status
In 2025, all procurement staff signed the Standards.
Further explanation
- We assessed all key suppliers (both existing and new) whose cumulative procurement amount in 2025 exceeded NTD 1 million, requiring them to sign the Supplier Business Code of Conduct and Sustainability Terms, which was also incorporated into supplier contracts.
- 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 Business Ethics and Sustainability 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 | 2023 | 2024 | 2025 |
|---|---|---|---|
| Number of suppliers checked | 173 | 74 | 70 |
| Number of suppliers checked and pass | 173 | 74 | 70 |
| 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 are managed through mechanisms such as signing the Supplier Business Code of Conduct and Sustainability Terms, unscheduled audits, time-bound corrective actions, and ESG self-assessment forms.
- New suppliers, through ESG self-assessment commitments, sign the Sinyi Group Supplier Code of Business Conduct and Sustainability Commitment at the time of contracting.
- ESG compliance due diligence is conducted for new suppliers with annual procurement amounts exceeding NTD 1 million. The compliance rate of all supplier management checks reached 100%.
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 2024, we reviewed the occupational injury status of 77 key suppliers within the scope controllable by our company. Over a total of 712,010 working hours, there were 2 serious occupational injuries (defined as incidents resulting in more than four lost workdays, both related to renovation works) and 0 fatalities. The recordable serious disabling injury frequency rate among suppliers was 2.81. Subsequently, in addition to ensuring that suppliers provided statutory compensation to affected workers, we required them to conduct reviews and corrective actions, strengthen equipment inspections and employee training, and we also dispatched our staff to enhance on-site occupational safety inspections. These measures aim to improve hazard identification at every stage and prevent recurrence.
| Indicator | Male | Female | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Year | 2023 | 2024 | 2025 | 2023 | 2024 | 2025 | 2023 | 2024 | 2025 | |
| Annual Labor Hours | 406,786 | 310,699 | 359,557 | 435,194 | 401,311 | 423,346 | 841,980 | 712,010 | 782,904 | |
| Fatalities Caused by Work-related Injuries | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Rate of work-related disabling injuries (*1) |
High consequence |
3 | 2 | 0 | 1 | 0 | 0 | 4 | 2 | 0 |
| Recordable | 4 | 0 | 0 | 3 | 0 | 0 | 7 | 0 | 0 | |
| Rate of work-related disabling injuries(*2) |
High consequence |
7.37 | 6.44 | 0 | 2.30 | 0 | 0 | 4.75 | 2.81 | 0 |
| Recordable | 9.83 | 0 | 0 | 6.89 | 0 | 0 | 8.31 | 0 | 0 | |
| [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.