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2023 Third-Party Audit: Progress of Improvements and Summary Report
2024/11/01
CSR

To ensure the Company's sustainability, the key audit includes factories in Mainland China and India. The purpose of the audit is to make sure all factories comply with ESG standards and effectively manage potential risks. Furthermore, the audit outcome is disclosed to increase the Company's operational transparency. According to the audit, there were 144 non-compliances, achieving an overall compliance rate of 90%. No significant non-compliance was found in labor rights (including forced labor), environment, corporate ethics, supply chain management and management systems. The Group has been closely monitoring the corrective actions for audit findings, achieving a 78% improvement rate for identified non-compliance as of September 2024. Monitoring efforts will continue to address the remaining issues.

 

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