Ethical Management
Ethical Management
- Corporate Governance
- Business Ethics
- Ethical Management
Ethical Management
Inventec has formulated the “Codes of Ethical Conduct ”, "Global Employee Standards of Conduct", "Employee Grievance and External Reporting Management Regulations", "Ethical Management Operational Procedures and Guidelines", and the amendment of the “Ethical Corporate Management Best Practice Principles” was approved by the Board of Directors in 2022, to standardize the prevention of the occurrence of conflict of interest circumstances. Simultaneously, the corporate governance team under the Sustainability Committee is responsible for the oversight of integrity management. Through cross-departmental collaboration, it strengthens the culture of good integrity management within the company. Moreover, we further extend the self-requirements to the suppliers who partner with us.
Internal
Board of Directors
- Adhere to the Code of Integrity Operation and actively implement the integrity management policy.
- Board members completed the training on ethical management and anti-corruption.
All employees
- Renew the signing of the declaration to comply with the Employee Code of Conduct and Confidentiality Rules every year, and promote the points to note when conducting business via videos.
- In 2024, a total of 20,889 people took integrity management training.
New employees
Have to participation in the “Implementation of the Internal Control System” and related legal training course.
External
Supplier
- Hold supplier conference to promote integrity management.
- Formulat "New Manufacturer Assessment Management Measures" that requires new suppliers to have a good reputation and meet Inventec's ethical requirements.
- Establish "Inventec Corporation Supplier Code of Conduct" that outlines standards related to business ethics, requiring the supply chain to comply with the provisions of this Code.
- Contracts prohibiting the receipt or provision of improper benefits are signed with suppliers.
Customers
Fulfill customer requirements and ensure compliance with customer standards.
Conduct audits and self-assessments on a regular basis to ensure full compliance and prevent unethical behavior.
2024 Employee Integrity Management Training Completion Rates
Ethical Management Implementation
Code of Conduct Training
To deeply embed a culture of integrity, Inventec actively conducts training programs and awareness campaigns to ensure that all employees fully understand relevant ethical management regulations. Upon onboarding, newly hired employees are required to sign the Employee Code of Conduct Acknowledgement and complete online courses related to integrity and business ethics. Through regular promotion and re-signing of the Employee Code of Conduct Acknowledgement, existing employees reinforce their awareness and commitment to ethical standards. In 2024, Inventec’s parent company achieved a 100% signing rate among current employees.
Mitigation for high-risk units
In accordance with the "Ethical Corporate Management Best Practice Principles" and the “Ethical Management Operational Procedures and Guidelines”, through the cooperation of various units, after the unit risk is assessed for the definition of improper benefits and also complete the self-assessment on a regular basis. Based on their respective responsibilities, the good ethics practice and legal compliance culture within the Company are strengthened in diversified ways. The coverage includes the Inventec Group to ensure that the company implements and follows the precautions set out in the Ethical Corporate Management Best Practice Principles. The main risks of the self-assessment are unfamiliarity with the statutory and corporate requirements, and the management is enhanced through training.
