Social Governance

Proactive Supplier Assessment and Development: 2025 On-site Supplier ESG Audit & Engagement Project

The Group recognizes that Supply Chain Resilience & Risk Management is a fundamental mechanism for driving sustainable growth in the renewable energy sector. Ensuring that suppliers operate in alignment with Environmental, Social, Health, Safety, Human Rights, and Governance (ESG) standards is a core mission and a top priority for the Company.

Accordingly, the Group has elevated its supplier oversight through the "On-site Supplier ESG Audit & Engagement" project. This initiative involves physical inspection audits to verify actual operations, the sharing of best practices, and providing in-depth support to critical suppliers. These efforts aim to mitigate supply chain risks and cultivate long-term Strategic Partnerships.

Project Objectives

  1. On-site ESG Assessment: To evaluate the actual working environments of suppliers across Environmental, Social, Safety (OHS), and Governance dimensions, ensuring compliance with the Group’s Supplier Code of Conduct.
  2. Regulatory & Standard Compliance: To ensure suppliers strictly adhere to labor laws, human rights principles, and relevant international standards.
  3. Sustainable Partnership: To foster mutual awareness, transparency, and trust, aiming for sustainable growth throughout the value chain.
  4. Corrective Action & Improvement: To identify risks and opportunities for development, collaborating with suppliers to establish systematic Corrective Action Plans (CAPs).
  5. Supplier Capacity Building: To provide consultation and support to suppliers in elevating their social and environmental responsibility standards to meet international benchmarks.

2025 On-site Audit Roadmap

To maintain oversight of both domestic and international critical suppliers (Cross-border ESG Audit), the Group conducted on-site assessments for key technology and engineering partners as follows:

No. Critical Suppliers Date On-site Audit Location
1 CPT Drives and Power Public Company Limited February 4, 2025 Khlong Nueng, Khlong Luang, Pathum Thani (Thailand)
2 Aiko Energy Singapore PTE Ltd. May 27–28, 2025 Yiwu, Zhejiang Province (P.R. China)
3 Sungrow Power Supply Co., Ltd. May 28–29, 2025 Hefei, Anhui Province (P.R. China)
4 Huawei Technologies Co., Ltd. and BayWa r.e. Solar System Co., Ltd. November 16–19, 2025 Shenzhen, Guangdong Province (P.R. China)

Performance and Shared Value Creation

In 2025, the Group successfully completed its scheduled On-site ESG Audits comprehensively and systematically. These in-depth assessments provided the Company with verified data regarding our suppliers' safety management, environmental practices, and labor welfare.

Furthermore, this project served as a vital platform for providing On-site Support. The Group offered constructive feedback, helped suppliers identify areas for improvement, and collaborated on Capacity Building initiatives. As a result, suppliers have gained greater awareness and enhanced their operational processes to better align with international ESG standards. This project remains a key driver in Supply Chain De-risking and reinforces the Group’s commitment to sustainable business co-creation with its partners.