Samsung Electronics is striving to embed considerations for social and
environmental responsibility throughout its supply chain supporting
suppliers in improving their business competitiveness as well as their
labor and human rights, environmental, health and safety standards.
“Samsung Electronics tries to minimize the
possibility of risks that exist throughout the
supply chain by requiring our purchasers
to comply with the Global Purchasing Code
of Conduct and suppliers should adhere to the
Supplier Code of Conduct.
We also fulfill mutual cooperation with
suppliers to conform to sustainable
and responsible purchasing practices.”
“Samsung Electronics is working to make its
semiconductor supply chain ecosystem more
sustainable, growing together with our
suppliers based on a philosophy of fairness,
openness, and mutually beneficial cooperation.
In addition to supporting supply chain
competitiveness, we promote a range of
mutually beneficial activities to strengthen the
semiconductor ecosystem. We operate a
responsible supply chain covering various ESG
areas, including labor and human rights, the
environment, and health and safety.”
Working together
with our suppliers
To ensure our suppliers comply
with the law and fulfill social
responsibilities
Conscious of the scale of impact our operations and those of our suppliers have in the society at large,
we work with our suppliers to ensure we can strengthen our business competitiveness all the while increasing our sustainability performance.
We operate the Samsung Electronics Supplier Code of Conduct1) based on global standards and norms,
including the Responsible Business Alliance (RBA) Code of Conduct, the Universal Declaration of Human Rights,
the UN Guiding Principles on Business and Human Rights (UNGPs), the OECD Guidelines for Multinational Enterprises on Responsible
Business Conduct, the UN Convention on the Rights of the Child (UNCRC), the ILO Declaration on Fundamental Principles and Rights at Work,
the ILO Conventions on Hours of Work2), and the ILO core conventions3).
We share these guidelines with our suppliers and require their compliance.
How we grow with our suppliers
Under the Key Values of 'Mutual Growth and
Integrity-Based Management,' Samsung
Electronics actively implements
various
win-win programs aimed at strengthening
the competitiveness of our suppliers and
achieving sustainable growth together.
Recognized for these efforts, Samsung
Electronics became the first in the industry
to receive the highest grade for 13
consecutive years
in the '2024 Shared
Growth Index Evaluation,' conducted by the
Korea Commission for Corporate
Partnership.
This index is based on comprehensive
evaluations of growth partnerships and the
implementation of fair trade agreements.
*Note: The Act on the Promotion of Mutually Beneficial Cooperation between Large Enterprises and Small and Medium Enterprises aims to resolve
polarization issue between large enterprises and small and medium enterprises in Korea. Under this act, the Korea Commission for Corporate
Partnership evaluates the level of such a cooperation. The ‘Shared Growth Index’ evaluates factors as strengthening competitiveness of and
collaborating with supply chain, and fair trade practices.
Competitiveness of our suppliers
The first step toward incorporating
sustainability in products and
realizing clean production
Development and clean production of products with environmental considerations (e.g., high-energy efficiency and use of recycled materials) cannot happen without support for the supply chain. At Samsung Electronics, we are working with our suppliers to manage our environmental impact, reduce the production of harmful substances, improve health and safety, and handle grievances.
Responsible mining and
transparent management
Responsible minerals are those related to various global issues such as child labor, human rights, and environmental concerns.
We are committed to addressing the human rights and environmental impacts of mining these minerals in collaboration with our industry partners.