Sustainable supply chain management
As a channel service provider within the high-tech industry supply chain, Synnex distributes products across four major sectors: commercial information, consumer information, communications, and semiconductors. In selecting business partners, Synnex regards the fulfillment of corporate social responsibility (CSR) as an important criterion for establishing long-term cooperation.To implement sustainable supply chain management, Synnex identifies key suppliers based on procurement value. The top 20 original equipment suppliers account for over 70% of the Group’s total procurement value, primarily located in the U.S., mainland China, Taiwan, and South Korea. By procurement value, the United States ranks first, followed by suppliers from mainland China. Synnex prioritizes the review of sustainability practices among key suppliers, 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 2024, 80% of the 20 key suppliers are members of the RBA and 80% are members of the RMI.