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Procurement Policies

          The selection of suppliers follows the prescriptions of the Government Procurement Act. In addition, it is clearly stated in all relevant bidding documents that new suppliers shall comply with the principles of fair trade, environmental protection regulations, Labor Standards Act, and Occupational Safety and Health Act. Due to the complexity of human rights assessment mechanism, TSC currently screens the suppliers based on the self-assessment of the human rights compliance prescribed in the procurement agreement by the suppliers. In 2020, the percentage of new suppliers meeting the selection criteria reached 100%. 

          Moreover, to support domestic industries, priority is given to the sources of goods manufactured or services provided by domestic suppliers. At present, apart from the 100% of bulk grain raw materials in the Animal Industry Business and sugar raw materials in the Sugar Business that are imported from abroad, domestic suppliers are prioritized for the supply of the remaining raw materials.

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