In order to strengthen corporate social responsibility, Fiti communicates with partners or related parties through multiple channels, and ensures the implementation of corporate social responsibility inside and outside the company with relevant actions such as announcements, contract execution, and joint signature, in order to achieve the ultimate goal of contributing to the society. For major issues and world trends, Fiti will take necessary measures to demonstrate our determination to undertake social responsibility.
The importance of corporate social responsibility is the core value of Fiti's operations. We make an effort to manage three major areas, aiming to realize social expectations:
♦ Human Right Value Realization
♦ Workplace Safety and Employee Dignity
♦ Environmental Protection and Sustainability
Every year, Fiti understands all parties in achieving the value of corporate social responsibility through its interaction with partners and stakeholders. In the supplier conference, Fiti gives positive recognition to partners which jointly pursue social expectations. In the future, Fiti will keep meeting the expectations of corporate social responsibility and continue to focus on the world's trends and issues. We will update the scope of management at any time, taking universal values as the core model of the enterprise.
♦ Human Rights & Values Realization: Fiti prohibits the use of "Conflict Minerals."
In recent years, social and environmental issue caused by the raw materials and procedure of product manufacturing have gradually attracted the attention of the world. One of them is minerals from the Democratic Republic of the Congo have caused serious armed conflicts. Fiti does not directly purchase the raw metals from the Democratic Republic of the Congo and understands that most of our suppliers do not have direct sources with mining companies. However, we understand that as a company, we have the opportunity to have a positive impact on this issue. Therefore, Fiti prohibits ""Conflict Minerals"" and involves this in the suppliers' Green Product Policy, setting the contract terms in the orders to ensure that Fiti's products do not use ""Conflict Minerals"" mentioned above.
1. Fiti's suppliers must take responsibility for social and environmental protection.
2. Fiti does not accept "Conflict Minerals" from Democratic Republic of the Congo or its neighboring areas and countries.
3. Fiti's suppliers have to keep tracing all of the product sources of Co, Au, Pd, Ta, Sn, and W to ensure that they are not from "Conflict Mining Areas."
4. Fiti's suppliers have to ensure its suppliers are in consonance with social responsibility requirements.
2023 Implementation Status：
As of the end of 2023, 65 suppliers have completed the survey of conflict minerals, with a completion rate of 89%; 89 suppliers have completed the Declaration of Non-use Conflict Minerals, with a completion rate of 84%.
♦ Workplace Safety and Employee Dignity: Fiti's Responsible Business Alliance (RBA) Requirements
The goal of Responsible Business Alliance (RBA) is to ensure the workplace safety, the employee are respected and treated with dignity, and to make sure that corporations are environmentally responsible.
Suppliers should support RBA, aligning themselves with its management system and including BRA requirements in their supply chain. At a minimum, their subordinate suppliers should be required to agree and apply RBA requirements. RBA includes labor, health, safety, and environment standards. In addition, it sets standards for management systems and business ethics. Fiti encourages its suppliers to be in compliant with local laws and regulations; preferably, suppliers shall set goals to meet international standards to take on more social and environmental responsibilities. (For details, please refer to RBA website.)
FITI works with suppliers to follow RBA to create a friendly, safe, and green work environment. In our quality system audit, RBA's audit items are added to the checklist for supplier quality system audits to ensure Fiti and its suppliers can create sustainable management. (For details, please refer to RBA website.)
2023 Implementation Status：
As of the end of 2023, 77 suppliers have completed the RBA agreement, with a completion rate of 81%.
♦ Environmental Protection and Green Sustainability.
In order to set Fiti's environmental standards for green manufacturing and green products, and as a green procurement guide for all Fiti suppliers, each supplier is required to agree to abide by Fiti's requirements for environmental standards stipulated in the contract terms of the orders, whose provisions are applicable to product design, manufacturing, assembly and procurement in all business units of Fiti (including materials, components, assemblies, accessories, products, batteries and packaging materials). Restrictions on materials not covered by the terms are also managed on other specific projects.
Due to frequent changes in the green procurement regulations of major customers, each supplier shall comply with the laws and regulations on environmental protection of products in the place of production/use as the ultimate goal of cooperation.
2023 Implementation Status：
As of the end of 2023, 79 suppliers have completed the HSF (Hazardous Substance Free Mark Alliance) agreement, with a completion rate of 84%.