REXON Industrial hosted its 2024 Supplier Conference on January 3, bringing together 119 suppliers under the theme of collaboration and sustainable growth. This year’s conference featured key discussions on quality, productivity, and cost efficiency, with a major highlight being the introduction of REXON’s ESG Sustainability Initiative. Assistant General Manager Mr. Sen-Yuan Hsu presented the company’s ESG achievements over the past three years, emphasizing its commitment to leading sustainable development across its supply chain.
Promoting ESG in the Supply Chain
Mr. Hsu’s ESG report provided a global perspective on carbon neutrality and emission reduction trends, stressing the importance of ESG from government, customer, and economic standpoints. He outlined REXON’s sustainability roadmap and shared its best practices with suppliers. The company has integrated ESG evaluation into its supplier selection process and has achieved an 80% supplier CSR self-assessment completion rate by 2024. Looking ahead, 30% of suppliers will be required to conduct greenhouse gas (GHG) inventory assessments annually from 2025, preparing for Scope 3 emissions management.
A major milestone was REXON’s successful application for the "Large Enterprises Leading Small Enterprises in Low-Carbon Manufacturing Transformation" subsidy from Taiwan’s Ministry of Economic Affairs, alongside 10 key suppliers. Approved in August 2024, the project is expected to reduce 742 tons of CO2 emissions and generate 707 tons of CO2-equivalent green energy, achieving an 8.6% overall carbon reduction. This initiative aims to inspire broader ESG adoption within the supply chain, enhancing collective sustainability competitiveness.
Recognizing Outstanding Suppliers
The conference also celebrated suppliers' contributions with multiple awards:
- "Low-Carbon Transformation Partner Award" was presented to the 10 suppliers involved in the low-carbon initiative, recognizing their commitment to sustainable manufacturing.
- "New Product Collaboration Award" was given to 6 suppliers for their exceptional support in product development.
- "Quality Excellence Award" honored 6 suppliers for outstanding product quality.
- "On-Time Delivery Excellence Award" was awarded to 5 suppliers who consistently met delivery commitments.
- "Supplier of the Year Award" was the highlight, recognizing 9 top-performing suppliers for their outstanding contributions across various criteria, presented by REXON’s General Manager, Mr. Lo.
Leading the Industry in ESG and Sustainability
REXON’s sustainability efforts have been widely recognized, earning the 17th Taiwan Corporate Sustainability Award and the Gold Medal for Sustainability Reporting in the Traditional Manufacturing Category. Moving forward, REXON remains committed to building a green and sustainable supply chain, continuously striving to achieve the ESG goals set in its sustainability reports and becoming a role model in carbon reduction and sustainable business practices.