Risk and Impact Assessment

Risk and Impact Assessment

Identify and Assess Risks

In addition to GRI 308 – supplier environmental assessment and GRI 414 – supplier social assessment, we introduced ISO 20400 to help screen suppliers who fall in high ESG risks, and need to improve through our management mechanism.

ISO 20400 is aligned with the 7 core subjects and 37 issues identified in ISO 26000 (Social Responsibility-Guidance). And with ESG impacts in mind, we identified the major issues faced by real estate service Supply Chain.

Impacts on Sustainable issues

E

Environmental protection Although our operations pose relatively low risks in pollution and carbon emissions, we still face challenges from limited energy resources and the climate emergency. We invite key suppliers to join Sinyi’s Net Zero 2030/2050 Initiative, aiming to drive low-carbon transformation through digitalization, energy conservation, and circular economy.
Waste management

S

Human rights As a people-oriented happy enterprise, we hold ourselves accountable to standards that go beyond regulations. Driven by increasingly stringent regulations and our management, suppliers have better understanding and implementation of the protection on employees‘ human rights, occupational safety and health, etc. Renovation and furniture suppliers face higher job safety risks. Sinyi-living’s suppliers may not be our key suppliers in terms of budget spent, but very important partners to promote sustainable good life in our community. Therefore, we need to screen them for ESG impact while emphasizing service quality.
Occupational safety and health

G

Fair trade and anti-corruption Uphold sustainable operation through business ethics and anti-corruption governance.
Organizational governance Digital transformation is already a necessary change for many business. Supply chains also need to adopt new operating models and face emerging risks. For example, information security/fraud risks that may arise from digital services, or interruption of network services.

Risk Assessment

In order to properly manage and control risks and enhance the sustainability of our suppliers, the management and evaluation mechanisms we adopt include:

Supplier qualification preview
  • Basic information sheet
  • ESG survey
  • ESG compliance due diligence check
  • Procurement team review – qualified suppliers list
During Contract Period
  • Suppliers Code of Conduct and Sustainability Terms
  • Engagement with suppliers
  • Annual ESG self-assessment form
  • On site check and visit
  • User Satisfaction Survey
  • Suppliers evaluation
Enhance sustainability with suppliers
  • To share ESG resources with suppliers
  • To celebrate “supplier of the Year”
  • Corporate Ethics Office hotline for grievance mechanism
  • To systemize our qualified suppliers database
  • To innovate together for better ESG performance

To enhance a society that values human rights and occupational safety and health

In 2025, a total of 289 non-employee workers within the operational control of Sinyi Realty were accounted for. Their work covered areas such as security and cleaning, land administration services, and contract performance/construction management services, all outsourced by Sinyi Realty. These workers are directly employed by each supplier under their own labor contracts, and the total headcount over the past three years has shown no significant fluctuation. A comparison of turnover rates is shown in the chart. Through the certification and verification of ISO 20400 and ISO 45001, we are committed to jointly enhancing suppliers’ attention to and requirements for human rights and occupational health and safety for their employees.

Key suppliers staff turnover rate

To enhance values in sustainability through partnership

Since its establishment, Sinyi Group has always adhered to the principle of being "people-oriented." We believe that a company’s responsibility goes beyond achieving commercial success; it should actively give back to society and shoulder the duties of a corporate citizen. FUCHA Construction has been deeply rooted in Taoyuan for nearly 20 years. Starting from the philosophy of “building homes we ourselves would want to live in,” FUCHA not only focuses on land selection but also pursues excellence in construction safety, seismic-resistant structures, and the choice of international premium materials and equipment. Each era of FUCHA buildings continuously improves in quality and competitiveness. Beyond architectural quality, we also emphasize creating a warm, happy family atmosphere—values that perfectly align with Sinyi Group’s vision. In recent years, these two leading brands have joined forces to promote the concept of a "Happy Life" through the " FUCHA Family Charity & Lifestyle Festival," reaching out to more families with this positive message. The event also invited charitable and service organizations such as the Down Syndrome Foundation, Taoyuan Police Department, and Fire Department to jointly promote important topics like disaster prevention and fraud awareness. These organizations have long safeguarded the safety of residents and demonstrated their social care through concrete actions.

To promote a low-carbon environment together

Sinyi continuously invite key suppliers to join our Net Zero 2030/2050 Initiative, and conducting GHG emissions of energy survey to key suppliers. Sinyi also participated in the CDP climate change disclosure and received Supplier Engagement Rating : A.

Go Green
Our green procurement has exceeded NT$30 million annually for consecutive years. Sinyi has been recognized as a “Green Procurement Benchmark Enterprise” by the Taipei City Government for 17 consecutive years
Green Procurement

UNIT:TEN THOUSAND YUAN (NT)

Drive the supply chain to deepen sustainability momentum