Sustainable supply chain management
As a distribution service provider in the high-tech industry, Synnex sells products across the four major fields of IT commercial ,IT Consumer, Telecom and Semiconductor. In the selection of partners, Synnex takes the degree of fulfillment of corporate social responsibility of partners as an important evaluation indicator for long-term cooperation.
In order to implement sustainable supply chain management, SYNNEX identifies key suppliers based on purchase amount, and the procurement ratio of the top 20 suppliers has reached more than 70% of the Group's procurement amount, mainly distributed in the United States, Taiwan, Mainland China and South Korea . In terms of purchase amount, the United States ranks first, followed by Taiwanese suppliers. Priority is given to key suppliers, reviewing their sustainable actions, and striving to build a sustainable value chain.
Integrity management and clean trading
The fundamental value that SYNNEX attaches most importance to is “Integrity”, and the company adheres to high standards of integrity in all business interactions, and attaches importance to whether its partners abide by the principle of integrity in addition to its own requirements. Synnex actively pays attention to the integrity management and anti-corruption policies of key suppliers, and 100% of key suppliers have declared their anti-corruption policies on their official websites or sustainability reports. Synnex will continue to strengthen the management of suppliers and strive to create a clean and integrity sustainable trading environment.
Product Labeling and Product Inspections
SYNNEX is mainly a product agent and distributor; therefore, the marketing and labeling of products and services are stipulated in contracts with suppliers. The suppliers must comply with the Commodity Labeling Act and the ICT (3C) labeling standards and other requirements published by the Department of Commerce, Ministry of Economic Affairs. Moreover, the Company has applied for product inspections and other verifications with the Bureau of Standards, Metrology and Inspection, Ministry of Economic Affairs so that consumers can understand the products fully.
Green and Environmental, Recycle Energy
When selecting vendors and suppliers, the Company pays attention to whether the vendors and suppliers comply with the requirements of EU environmental standards and national environmental laws and regulations; also, aim for sustainable development and expand the overall green supply chain performance.
Due Diligence Investigation
Synnex actively obtains product conformity declarations, third-party laboratory test reports, SDS documents and CMRT/EMRT conflict minerals questionnaires from suppliers, etc., and continuously integrates them into a green file database to track whether the products sold meet international environmental standards and specifications.
At the same time, Synnex supports the Responsible Business Alliance (RBA) and the Responsible Minerals Initiative (RMI) to promote sustainable management. As of December 2023, 70% of the 20 key suppliers are members of the RBA and 70% are members of the RMI.