Wistron's Global Human Rights Policy
Wistron has established the Human Rights Policy to demonstrate our support and compliance with international labor and human rights norms and authoritative global standards, for example, the United Nations Universal Declaration of Human Rights, the United Nations Global Compact, the United Nations Guiding Principles on Business and Human Rights, ILO Declaration on Fundamental Principles and Rights at Work, OECD Guidelines for Multinational Enterprises, Responsible Business Alliance Code of Conduct, etc. The policies clearly state and explain the content of human rights commitments and related management principles in addition to the clear description that its applicable objects cover all stakeholders of the Company, such as the Company itself, supply chain, partners, joint ventures, etc. The policy also clearly expresses and explains the commitments to human rights and related management principles.
Wistron has started the audit and certification process in accordance with the standards of the Responsible Business Alliance (RBA) in all global operations to ensure that the Company maintains consistent framework and compliance standards in the management of global human rights issues (Please see the Wistron human rights due diligence management report ). No major violation of human rights has occurred in Wistron's global operations with the continuous efforts of all colleagues in 2022.
Establish Human Rights Due Diligence Management Procedures
Wistron established human rights management procedures in 2020 to ensure that all global operations follow the human rights policies in the day-to-day work of all executives and employees, and procedures were completed in 2021
Based on the results of the human rights risk assessment in 2021, Wistron implemented target management for several major human rights issues in 2022, requiring each plant to stipulate risk mitigation measures and periodically track the attainment of related indicators. For example, by conducting monthly tracking of the improvements results of indicators to "at least 1 day off every 7 days", " less than 60 total working hours every week", "the accuracy rate of salary approval and calculation", and "young workers attendance" in all plants through the development of digital systems. Comparing the proportion of items rated as medium and high risk in the RBA audit results, all indicators in 2022 are significantly improved compared to 2021 (as shown in the table below).
The proportion of major human rights issues rated as medium and high risk items
||Type of work time
||Type of labor
|1 day off in 7 days
||Weekly hours <60
||Detailed working hours records
With regard to the business scope of the Company (e.g., employees, direct business activities, and products and services), Wistron executes a comprehensive human rights due diligence management cycle for global operations each year starting from 2022. This measure is aimed to create a consistent culture and code of conduct for the Group to effectively manage and reduce human rights risks and respond to the Company's policies and the expectations of stakeholders.