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Sustainability management
Supplier Management
SET recognizes that business partners and suppliers are
important to its business development in both the short-
and long-terms. Accordingly, SET has developed a
participatory procurement process to manage suppliers
systematically, with transparency and for fairness to all
parties, in order to create opportunities for suppliers to
grow sustainably together with SET.
SET also supports enterprises of all sizes, as well as local entrepreneurs
in the provinces and social enterprises, giving them the opportunity to
present their products or services in a transparent and equal manner.
SET applies quality and reasonable price as criterion for making decisions.
SET does not support intellectual property infringement or illegal employment.
SET explicitly communicates to suppliers that it will not tolerate corruption.
Suppliers must acknowledge and strictly follow this intention.
In addition, SET encourages its partners to improve the quality of their
businesses, including product and service quality, time of delivery and the
impact on the economy, society and environment. In 2015, SET conducted
studies and prepared
“SET’s Supplier Code of Conduct”
to be used as
a guideline in compliance with SET’s CG Policy and core values.
This guideline, which will be implemented in 2016, focuses on ethics
and corporate governance, fair labor practice and human rights and
environmental management.