Question: Does the company continuously monitor suppliers to ensure that they comply with the company’s policies and local laws?
Answer:
Audits of suppliers (self- reporting),
Audits of suppliers (independent),
On-site visits (self- reporting),
On-site visits (independent)
18033665
Walk Free
2022
Verified by Steward check_circle

Page 13 - "From 2019 to 2021, we organised workshops for the executive management and HR staff of our production sites and suppliers employing migrant workers and recruitment agencies, with the International Organisation for Migration (IOM), to raise awareness on the importance of the protection of migrant workers’ rights within our supply chains. We also provided access to our in-house counseling services for migrant workers who were experiencing difficulties in the wake of the pandemic.In 2022, we performed our own on-site audits on four production sites staffed by migrant workers to verify their compliance with the Policy and Guidelines."

 

Page 15 - "First Tier Suppliers - The findings from self-assessments, on-site audits, and third party audits are reflected in the annual comprehensive evaluationsand policy improvements for the following year, and those suppliers rated outstanding are provided benefits such as extra points in the comprehensive evaluations and cash rewards."

 

Page 15 - "Self-Assessment - Based on RBA’s criteria, we developed a self-assessment tool and distribute it to all of our first-tier suppliers to perform annual self-assessments. We also encourage them to obtain certification relatedto international standards in corporate social responsibility (SA 8000, etc.) by including it as one of the self-assessment items."

 

Page 15 - "On-Site Audit - Our dedicated organisational unit conducts on-site audits on our suppliers. To more thoroughly and accurately audit their work environments, we first identify their issues and points of improvement based on document views and the interviews ofemployeeson both working-level staff and managers in the audits."

 

Page 16 - "Third-Party Audit - We conduct third-party audits every three years on the top 90% of our suppliers selected based on annual transaction amounts."

 

Page 16 - "Lower Tier Suppliers - Suppliers from the second tier and below are currently managed through first-tier suppliers in Samsung’s supply chains in compliance with our internal work environment policy. For subcontractors with issues deemed to be of serious concern, we monitor via our first-tier suppliers whether remedial actions have been successfully implemented. Near our Suwon business site in Korea, Samsung offers capacity building programs which are free of charge to our tier 1 as well as tier 2 suppliers which cover topics including supply chain due diligence. In

2023, third-party audits will be performed on some second-tier suppliers on a pilot basis and the scope of suppliers gradually expanded."

Aditi Chatterjee.....2024-03-04 22:14:55 UTC