Through the four major objectives of the supply chain management, "excellent quality, stable service, risk control and implementation of sustainability", we require our suppliers to provide high-quality products and services to ensure the best customer experience, we also exert our influence, strengthen and promote the supply chain performance in environmental, social and governance aspects. We are convinced that the joint participation of suppliers will enable the true implementation of the corporate social responsibility of TWM's supply chain.
Commitments and Actions
We promise to cooperate with the suppliers to focus on and support the sustainable investment in the industry, which is embodied in supervising suppliers' implementation of sustainability and corporate governance, enhancing information transparency, implementing supply chain risk management, and tracking suppliers' performance with new technology platforms. The Company also plays the role of the supply chain educator, continuing to educate suppliers on sustainable knowledge, expecting the growth and elevation of supply chain.
2018 Results and Performance
Reviewed CSR self-assessment questionnaire on sustainability of 305 suppliers
Completed the on-site audits on corporate sustainability of 40 suppliers and achieved a coverage rate of 62.75% for the critical tier-1 suppliers
Hosted the supplier conference and educational trainings for a total of 315 suppliers
Maintained 100% signing rate of "Declaration of Integrity Operation" and "Declaration Letter for Environmental and Occupational Health and Safety Policy for Contractors"
Taken CSR performance of suppliers as part of the evaluation score for material tenders, with a total of 17 cases included in the review
Continuously imported and invited suppliers to join GeSI supply chain management platform
Completed education and training of carbon inventory for suppliers
To achieve an 80% on-site audit coverage rate on corporate sustainability for the critical tier-1 suppliers
To maintain 100% signing rate of "Declaration of Integrity Operation" and "Declaration Letter for Environmental and Occupational Health and Safety Policy for Contractors"
Suppliers to receive material tenders only when they reach a certain score in CSR performance
Continue to invite suppliers to join GeSI supply chain management platform
Select test vendors to conduct carbon inventory counseling and data confirmation