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Responsible Supply Chain

Ensuring the sustainable operation of our supply chain includes meeting high standards of occupational safety, human rights and moral principles, as well as minimizing environmental impacts to support environmental protection efforts. We actively work with our supply chain partners to make collective progress toward carbon reduction and the efficient, circular use of energy and resources. We aim to increase engagement and take decisive action within the supply chain. Our focus is on fostering increased communication, providing guidance and improving overall carbon management capabilities within the supply chain.

Supplier cooperation

1403

These suppliers can be categorized into four main categories: raw and auxiliary materials, equipment and packaging materials, engineering contracts, and transportation.

Supply chain audit rate

79%

In 2022, a total of 99 key suppliers were identified, of which 78 were audited, resulting in an audit rate of 79%.

    Responsible Supply Chain

    There are 1,403 suppliers providing products and services to LCY in its operations in Taiwan, China, and the United States. These suppliers can be categorized into four main categories: raw and auxiliary materials, equipment and packaging materials, engineering contracts, and transportation.


    Prior to formalizing agreements with suppliers, LCY conducts a thorough evaluation and communication process to assess supplier status and expectations. Suppliers are also required to sign the “Declaration for Business Partner Supply Chain Security” and the “Honesty and Integrity Transactions Undertaking.” Once the partnership is established, LCY maintains an open communication channel with suppliers through an annual audit and evaluation process to ensure the integrity of the supply chain operation.


    In pursuit of environmental sustainability, LCY works closely with suppliers to build a green and sustainable chemical supply chain. We uphold shared ethical values and responsibilities throughout the procurement process and carefully select environmentally friendly feedstock. Adhering to the ISO 20400 Sustainable Procurement Guidelines, we aim to mitigate environmental risks while meeting corporate sustainability responsibilities and goals.