Sustainable Supply Chain | Unleashing the Importance of Sustainable Finance | Corporate Governance | Shin Kong Life Sustainability
Sustainable Supply Chain
SKL’s procurement items mainly consist of office supplies, equipment and labor services resulting from administrative requirement, as well as real estate construction operations. Although there is no apparent supply chain system compared to manufacturing 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, Social Procurement and other means to establish sustainable value.
Supplier Management
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.
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.
Managing Supply Chain Sustainability
SKL Supplier Management Procedure
The Results of Supplier Management in 2025
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The amount of green procurement NT$ 77.94 million |
Accounting of the local manufacturers procurement 98 % |
Supplier commitment letter sign-up 100 % |
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Other risk mitigation measures |
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Implementing Local and Green Procurement
SKL prioritizes products that have obtained green environmental certification in order to facilitate sustainable social and environmental development. In 2025, we were recognized with the Taipei City Outstanding Green Procurement Award for Private Enterprises and Organizations. At the same time, we have been supporting social innovation enterprises for five consecutive years. In 2025, we won Excellence Leadership Award of the Buying Power Procurement Award and Sustainable Development Group of the Special Award from 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 2025
- Local procurement: We prioritized Taiwanese local manufacturers to ensure supply stability and localization, accounting for 98% of the total procurement
- Green Procurement: The amount of green procurement for office and administrative equipment reached NT$ 77.94 million, accounting for 32% of the total green procurement items.
- Social innovation procurement: The amount of social innovation product and service procurement reached NT$14.81 million
SDGs
