Our "Supplier Management Policy" is based on the Company's corporate philosophy, "a commitment, a lifelong friend" to treat each supplier fairly and honestly. We are also committed to develop social responsibility with them and maintain longterm working relationship. Therefore, starting from selecting suppliers, other than the basic requirements of regulatory and law compliance, we focus on whether suppliers share the same value on corporate governance, environmental topics, and full performance on social responsibility with us. These are suppliers that we want to work in a long time and move together towards sustainable development.
Every year, we re-select from our numerous suppliers who meet ESG requirements through regular assessment and even on-site audit to be our long-term suppliers. We gain trust from the cooperation and aim for sustainable development to keep moving forward. Except basic requirement on the quality of inspection, we adopt regular assessment to review whether they are honest with good faith, value ESG, pay attention to environmental and social issues, generate pollution to the environment, meet requirements of international human rights, fully protect labors' rights and interests, violate employment code as well as whether their corporate governance related information is transparent. Only by meeting above requirements, they will be qualified to be our long-term suppliers. If they fail on any assessed item, they will not be qualified for priority cooperation and can only participate in re-assessment in the second year after the completion of improvement. This also shows our supervision and requirements on suppliers.
Last year, we selected 16 long-term suppliers from all the qualified suppliers as the objects for priority cooperation. Through each transaction & service and regular annual assessment, we ensure suppliers meet our standards in human rights, environment, labor, social impact, and social responsibility. In addition, when signing contracts with suppliers, we ask them to sign on "Integrity and Honesty Commitment Letter". If they violate our selection standards and involve with any unethical behavior, we will directly terminate the contract with them to ensure suppliers we selected working with us to move towards the goal of sustainable development.
To achieve the responsibilities and goals of corporate sustainability, we plan routine replacement on old and energyconsuming equipment every year to reduce carbon emissions. In addition, we purchased products that cause less impact to the environment and are recyclable, resource saving, and low pollution. We set a budget of these in NT$45.60 million.
In 2024, we spent NT$22.64 million on energy-efficient equipment to replace energy-efficient lighting and air-conditioning equipment. The replacement of energy-efficient lamps cost us around NT$2.28 million, and it is estimated to save more than NT$0.58 million on electricity fee every year to reduce around 58 tons CO2e/ year of carbon emissions. Moreover, the cost of purchasing energy-efficient air-conditioning equipment in the whole year was around NT$20.36 million. By replacing old equipment with high energy consumption, it enhances electricity efficiency as well as save electricity fee and reduce carbon emissions.
In 2024, we expanded the scope of green procurement. The total amount spent in the whole year was NT$22.64 million; compared to NT$14.21 million in 2023, it increased NT$8.43 million. The items are also extended from computerrelated products to other items. Except NT$12 million on personal computer, we spent NT$3.31 million on eco-friendly construction materials and NT$2.76 on energy-efficient air-conditioning and fridge. Procurement of green eco-friendly equipment in priority is what we fully promote, and we expect a continuous growth every year.
