SinoPac Securities focuses on procurement, aiming to support suppliers that provide low-carbon and sustainable products through green procurement and sustainable management mechanisms. The company encourages suppliers to set carbon reduction targets together. In 2024, SinoPac Securities collaborated with 126 suppliers, with approximately 45 key suppliers having procurement amounts exceeding NT$2 million. The suppliers can be mainly categorized into six types: computer information, construction services, marketing services, property management and security, printed materials, and office supplies. SinoPac Securities adheres to the "Supplier Sustainable Development Guidelines" established by its parent company, SinoPac Holdings, and signs the "Supplier Sustainability Commitment" with its suppliers, expecting them to adhere consistent principles. These principles include respecting labor human rights, prohibiting discrimination, banning child labor, ensuring occupational safety and health, environmental protection, procuring environmentally certified products, business ethics, and operational integrity, all aimed at promoting economic, social, and environmental ecological balance and sustainable business practices.
SinoPac Securities has revised its "Procurement Management Guidelines" in line with its parent company, SinoPac Holdings, completed in 2019, integrating ESG issues into the procurement process. Labor human rights and occupational safety and health conditions of suppliers will be considered as one of the criteria for bid evaluation. The supplier assessment now includes sustainability bonus items, incorporating relevant risks and bonus conditions based on high-risk industries. The "Supplier Sustainability Commitment" also stipulates that all suppliers must adhere to the behavioral standards of "labor human rights" and "occupational safety and health," ensuring proper management of employee wages and benefits. They are also required to establish a comprehensive safety work system, provide appropriate training, establish reporting and review mechanisms for labor incidents, and protect workers' rights to refuse work in unsafe environments.
SinoPac Securities continues to actively communicate with suppliers through various channels to discuss potential enhancement in ESG aspects and provides training for internal procurement personnel on supplier management. In 2024, the parent company, SinoPac Holdings, organized a sustainable supply chain project course titled "Self-Assessment Questionnaire and Supply Chain Management Trends Sharing," in which six procurement colleagues from SinoPac Securities (including subsidiaries) participated, with the aim of becoming the best sustainable partners with suppliers in the future. Additionally, the parent company also conducted training for suppliers, and five suppliers from SinoPac Securities participated in the "Sustainable Supply Chain Project - Human Rights Risk Management" course, enhancing suppliers' resilience in implementing sustainability and human rights issues and addressing related challenges.