Sustainable Supply Chain Management
Sustainable Supply Chain Management
- Sustainability Management
- Stakeholder Engagement
- Sustainable Supply Chain Management
Sustainable Supply Chain Management Policy 
Sustainable Supply Chain Management
In 2024, Inventec transacted with 1,058 suppliers. To identify sustainability risks, Inventec investigates and screens suppliers across three dimensions: governance, social, and environmental. Based on industry characteristics, procurement models, geographical relationships, and other factors, Inventec has established a supplier risk identification process. This process involves classifying all suppliers by risk level. Inventec uses the RBA Code of Conduct Compliance Statement and the Inventec Supplier Code of Conduct as the basis for supply chain management. These frameworks guide Inventec's close collaboration and engagement with suppliers to seek mutually beneficial development and a win-win situation for sustainability.
2024 Supplier Compliance Document Signing Rate
Item | Existing Suppliers | New Suppliers |
|---|---|---|
| Inventec Environmental Commitment Letter | 99.7% | 98.7% |
| RBA Code of Conduct Compliance Statement | 99.7% | 100% |
- Note: Excluding customer-designated suppliers.
Supply Chain Risk Management
According to the comprehensive assessment of supplier management risk and material risk, Inventec shortlists the suppliers for annual audit, and conducts the audit in accordance with the internal control procedures of each factory. After the audit, Inventec tracks and guides suppliers to complete rectification or determines to replace them. In 2024, a total of 116 suppliers were screened out for audit, and the audit completion rate was 100%. 186 issues were identified, and all of them were followed up and 100% rectified by the suppliers.
The audit findings of existing suppliers in 2024
- BCP - Business continuity plan
- RBA - Responsible Business Alliance
- HSF - Hazardous substance free
Third-party Assessment for Suppliers
To meet the supply chain management requirements of RBA, supplier auditors of the factory floor conduct supplier on-site audits based on the latest version of supplier audit criteria covering labor, health & safety, environment, ethics and management systems. In 2024, Inventec worked with 1,058 suppliers, of which 31 were identified as high-risk. Among these, 20 suppliers were notified to undergo the RBA VAP (Validated Assessment Program) audit. As of 2024 year-end, 14 suppliers had completed the audit. To further mitigate supply chain risks, Inventec will continue to implement VAP audits, fulfilling its commitment to sustainable supply chain practices.
New Supplier Consultation Management
Inventec has established a dedicated "Sustainable Supply Chain Consultation Team", a cross-functional team composed of experts from R&D, procurement, component engineering, and supplier quality management departments. This task force is responsible for conducting comprehensive assessments and providing guidance to new suppliers. The new supplier evaluation is based on the following criteria:
- Quality System Implementation and Management
- HSF (Hazardous Substance Free)
- Technical Capability Development and Evaluation
- Supplier Fundamental Capabilities
- Procurement Operations Management
- Business Continuity Plan
- Counterfeit Component Control
- Supplier Corporate Social Responsibility
Responsible Procurement
As a member of RBA and RMI, Inventec is committed to promoting and complying with relevant standards, and publicly announcing Inventec Responsible Minerals Sourcing Statement. Inventec has conducted investigations with the Conflict Minerals Reporting Template (CMRT) since 2011, and during the period Inventec has gradually introduced the automated system and completed the automation of metal refinery compliance verification. In 2024, in accordance with RMI requirements, Inventec adopted the latest versions of both the CMRT and the Extended Minerals Reporting Template (EMRT) to conduct supplier surveys. Suppliers are required to perform reasonable due diligence on their supply chains to ensure that materials provided to Inventec do not contain conflict minerals sourced from conflict-affected regions and countries. Additionally, Inventec is evaluating the implementation of the Additional Minerals Reporting Template (AMRT) to meet evolving customer expectations and regulatory requirements.
Inventec's Responsible Minerals Goals
Compliance with RMI’s latest CMRT and EMRT and the other mineral investigation requirements from the customers
Affirmation from the customers’ annual supplier evaluations and experience sharing with customers to obtain customers’ satisfaction
Continuously optimize investigation system and use automated comparisons to save man-hours and ensure metal refineries’ compliance
Annual Sustainable Supply Chain Forum and 100% compliance with the RMI metal refinery list
Item | 2024 Result | 2025 Goal |
|---|---|---|
| Responsible minerals investigation reports conducted for the suppliers in compliance with RMI Smelter & Refiners Lists | 100% compliant for Inventec’s own suppliers | 100% compliant for Inventec’s own suppliers |
Sustainable Supply Chain Engagement
Suppliers are crucial partners for Inventec. To encourage their support in Inventec's initiatives related to quality, cost, delivery, technical capabilities, services, and RBA compliance, we have been inviting senior executives of strategic suppliers to participate in the sustainable supply chain exchange meeting every year. In 2024, the Company hosted 5 sessions of on-site “Sustainable Supply Chain ESG Seminar” inviting suppliers to share experiences and best practices. Furthermore, the Group also organized 2 Sustainable Supply Chain ESG Workshops for suppliers, 2 sustainability forums focused on sustainable supply chain topics, and internal procurement training sessions to foster robust and close partnership.
Sustainable Supply Chain ESG Workshops
In 2024, a total of two ESG sustainability supply chain workshops were held for suppliers. The second event, titled "Sustainable Supply Chain Partner Day," was held on December 13, 2024, at the Jiantan Youth Activity Center, with 137 representatives from 129 supplier companies in attendance. The workshop covered topics including the Responsible Business Alliance (RBA), occupational health and safety, information security, greenhouse gas inventory, and the reduction of hazardous substances.
Sustainable Supply Chain ESG Seminars
In 2024, Inventec hosted five ESG Seminars for suppliers, fostering experience-sharing and engagement. The seminars focused on sustainability, including green platform development, supplier management aligned with ISO 14064 and ISO 14067, sharing practices on water resource reuse, and planning and approaches for procuring green electricity.
Advanced Technology and New Product Exchange
Since 2009, Inventec has invited suppliers to participate in the Advanced Technology and New Product Exchange Forums. This initiative aims to promote a deeper understanding of advancements in technology, new product developments, and evolving global ESG trends. In 2024, a total of 302 sessions were held.
Building Supplier GHG Inventory Capability
Inventec began developing the iSupplier GHG Management Platform in 2021 and simultaneously launched supplier GHG emissions surveys. In 2024, Inventec further optimized the iSupplier platform and continued to drive supplier participation in GHG emissions surveys. These surveys covered 649 suppliers from the Personal Solution Group and the Enterprise Business group. In addition to offering suppliers courses and guidance on greenhouse gas inventory, Inventec also actively encourages suppliers to pursue third-party verification as a critical step in their decarbonization journey. The Company progressively guides them to establish carbon reduction targets, and encourages them to join the Science Based Targets initiative (SBTi), with the ultimate goal of achieving net-zero carbon emissions by 2050.
