Sustainable Raw Materials Policy
HIWIN Technologies is committed to sustainable development, and the sustainable procurement of raw materials is crucial to long-term success. This policy aims to reduce environmental and social impacts, ensure supply chain resilience, and promote a circular economy.
1. Procurement Principles:
- Prioritize suppliers committed to sustainable development.
- Require suppliers to implement codes of conduct to ensure raw materials do not involve conflict minerals.
- Ensure the production processes of raw materials avoid impacts on the environment, society, and labor conditions, and avoid manufacturing facilities located in biodiversity-sensitive areas.
2. Material Sustainability:
- Prefer raw materials that are recyclable and reusable, increasing the use of recyclable raw materials.
- Promote detoxification, decarbonization, and dematerialization of raw materials to reduce their sustainability impact.
- Regularly track suppliers’ raw material sources and prioritize those with third-party certifications.
3. Supply Chain Management:
- Establish long-term partnerships with suppliers to jointly improve supply chain sustainability.
- Conduct regular supplier evaluations to ensure compliance with sustainability standards.
4. Technological Innovation:
- Improve energy efficiency of raw materials during product design and development, ensuring no harmful substances are included.
- Invest resources in technological innovation to promote the circular economy.
- Collaborate with stakeholders to research and develop technological innovations in sustainable raw materials.
5. Goals and Monitoring:
- Set specific management targets for raw materials and their suppliers.
- Regularly report the progress and effectiveness of policy implementation to the Board of Directors.
Chairman & CEO Eddie Chuo
Sep, 2025