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Sustainable Procurement Policy
We understand that corporate social responsibilities must be practiced in the supply chain management (SCM). We agree to discern the impacts on society and the environment and effectively manage the procurement activities of our products and services. To effectively combine CSR with our long-term development strategy and maximize value for the company, we have established the “Sustainable Procurement Policy”. We hope that the contents and practices of the policy can become a bellwether, in order to repay society and promote social harmony and development. This policy aims to guide KLB to combine environmental and social factors in product and service procurement. We understand that the social and environmental performance of the supply chain is a continuous process. We will encourage suppliers to better understand and effectively manage their impacts on society and the environment. Currently, this policy focuses on suppliers with greater impacts on society and the environment. We hope that the scope of this policy can extend to the entire supply chain.
Goals:
- Reduce the potential unfavorable impacts on society and the environment of our supply chain through better selection and use of products and services from suppliers in order to contribute to the social well-being.
- Develop a supply chain system that can use resources effectively and implement environmental and social risk management effectively.
- Effectively protect the quality of products and services procured.
- Strengthen supplier communication and, where applicable, provide feedback on social and environmental performance.
Principles Facilitating Goal Achievement
- Purchase and use energy-efficient products and services that support sustainable development.
- Raise the sustainable development awareness of suppliers and encourage innovation and extensive use of new technologies and new designs.
- Maintain ethical standards and codes of responsible conduct in order to develop long-term relationships based on trust and cooperation.
Requirements for sustainable procurement:
- The procurement department shall request suppliers to supply materials complying with our hazardous-free standards with respect to our “Green Product Management Procedure.”
- We promise to purchase, where possible, eco-friendly, water-efficient, and energy-efficient products carrying related ecolabels and ensure that the manufacture, use, and waste disposal processes of such products or their materials comply with the requirements for recycled materials, recyclability, low pollution, and energy conservation.