Sustainable Supply Chain | Unleashing the Importance of Sustainable Finance | Common Good | Shin Kong Life Sustainability
Sustainable Supply Chain
SKL's procurement items mainly consist of the items related to labor, goods, and equipment resulting from administrative affairs, as well as real estate construction operations. Although there is no apparent upstream, midstream, and downstream supply chain system compared to traditional or technological industries due to different industry attributes, SKL understands that the procurement business still has a significant impact. Therefore, we actively construct a sustainable supplier management mechanism and connect the supply chain through local procurement, green procurement, and other means to establish sustainable value.
Managing Supply Chain Sustainability
In terms of procurement policy, SKL has stipulated supplier management principles and regulations in accordance with the supplier management standards established by the parent company SKFH. Risk assessments and on-site audits of partner suppliers are conducted to encourage them to emphasize sustainable development, eliminate any dishonest behavior, and jointly assume responsibility for employees, society, and the environment to create a better living environment for future generations.
SKL Supplier Management Procedure
The Results of Supplier Management in 2024
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Key Suppliers 42 |
ESG Risk Assessment 42 |
With a completion rate of 100 % |
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On-site Audit |
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Other risk mitigation measures |
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Implementing Local and Green Procurement
SKL helps promote sustainable development in society and the environment through our selection of procurement projects. When purchasing office supplies, information products, air conditioning equipment replacement, and building materials, we prioritize products that have obtained green environmental certification. Since 2016, we have won the "Green Procurement Performance Unit for Private Enterprises and Organizations" from the Department of Environmental Protection, Taipei City Government for nine consecutive years. At the same time, we have been supporting social innovation enterprises for four consecutive years. Throughcollaboration with the Digital Humanitarian Association on the "Telemedicine Project", we have introducedonline health courses and professional medical consultation for the elderly in remote areas, while providingfinancial inclusion education and anti-fraud advocacy. In 2024, we won the Special Award of Buying PowerSustainable Development Group of the Small and Medium Enterprise and Startup Administration, MOEA.
Initiatives
- Announce the green procurement policy and encourage all units to prioritize products with environmental certifications when applying for equipment or services procurement
- Actively select products with environmental and energy-saving labels for overall office and administrative equipment, gradually increasing the proportion of environmentally friendly and energy-saving products in procurement.
- Encourage units to collaborate more with innovative social enterprises, or encourage partner units to join relevant matchmaking platforms.
Results in 2024
- Local procurement: We prioritized Taiwanese local manufacturers to ensure supply stability and localization, accounting for 97% of the total procurement
- Green Procurement: The amount of green procurement for office and administrative equipment reached NT$ 112.21 million, accounting for 55% of the total green procurement items.
- Social innovation procurement: The amount of social innovation product and service procurement reached NT$9.36 million
Certificate of Appreciation
SDGs
