Material Issues
(16) Supplier Management
Material Issue | Supplier Management | |
GRI Material Topic | Procurement practices / Supplier environmental assessment / Human rights assessment / Supplier social assessment | |
GRI Management Approach (Related Chapter) | Environmental Sustainability | |
Risk Involved | International practices have focused increasing attention on supplier management systems and supplier human rights risk. Supplier management can materially affect the Company’s brand and operations. | |
Responsive Actions | Fubon Financial Holdings has established a “Supplier Corporate Social Responsibility Code of Conduct” and requires suppliers to sign a “Supplier Standard of Conduct Pledge.” A supplier sustainability assessment system. was initiated in 2018, and supplier training programs, supplier CSR evaluations and supplier CSR conferences continue to be organized to further promote sustainability and sustainable practices. | |
Impact Boundary | where the impacts occur |
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The Fubon Financial Holdings’ Involvement with the impacts | Via business relationship |
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