Standard Foods Group has officially been awarded the "ISO 20400 Sustainable Procurement-Guidance" certification by the AFNOR Group, making it one of the first food enterprises in Taiwan to pass this international standard and setting a benchmark for the industry. This achievement demonstrates the company's profound commitment to ESG governance, climate resilience, and supply chain decarbonization, establishing a new standard for the domestic food sector.
Sustainable Governance Blueprint: Fostering Sustainability Across the Healthy Value Chain
Standard Foods has consistently upheld the brand's core vision of “A lifetime of well-being.” actively promoting comprehensive health and nutrition solutions for all ages, and striving to be "The Family's Nutrition and Health Partner." In recent years, the company has fully upgraded its sustainability strategy by establishing a Corporate Strategy and Sustainability Department and a Sustainable Development Committee, creating a sustainable ecosystem for the health value chain. ESG standards have been integrated into every stage, from the procurement of raw material, product design, packaging and process optimization, to carbon reduction, waste minimization, enhanced water resource recycling, energy efficiency, and operational procedures. The goal is to establish more transparent, fair, and flexible procurement decision-making processes, utilizing a "leading by example" sustainable procurement concept to influence and collaborate with suppliers, jointly promoting sustainable development and green transformation within the supply chain.
Actively Adopting ISO 20400 to Align with International Standards and Enhance Supply Chain Resilience
Standard Foods deeply believes that sustainability is not just a slogan but must be implemented in all aspects of corporate operations. Facing the challenges of climate change and evolving environmental regulations presents significant hurdles for the food supply chain. Every stage, from agricultural cultivation, processing, and packaging to transportation, has a profound impact on the environment. Through the ISO 20400 Sustainable Procurement Guidance, Standard Foods aligns with international practices by integrating Environmental, Social, and Governance (ESG) assessment principles into its procurement processes, enhancing decision-making transparency and fairness. Furthermore, by strengthening supply chain risk management, the company establishes a sustainable procurement system that meets international standards.
Standard Foods' Five Strategies for Implementing Sustainable Procurement:
- Strengthening the capacity to address climate change and sustainable regulations by adopting the TCFD framework to incorporate related risks and opportunities into early warning and decision-making, effectively enhancing supply chain resilience against risks.
- Strict supplier management: Conducting annual sustainability audits, risk assessments, and self-evaluation questionnaires to collaborate with suppliers on decarbonization transition and implementing responsible procurement.
- Actively implementing low-carbon packaging and reduction measures, linking green innovation projects to promote production line carbon reduction and waste regeneration.
- Internal and external empowerment: Strengthening internal employee sustainability education and professional training to form a cross-departmental collaborative team, continuously improving the effectiveness of sustainability management.
Increasing information transparency, proactively disclosing performance, and enhancing external communication and investor trust.
Standard Foods Group will continue to progress and co-create a sustainable vision, deepening collaboration with upstream and downstream partners. Through technology, data, and innovation, the company will implement sustainable supply chain management, safeguarding the planet from the source, and working together to build a healthy and wonderful life for all families and a sustainable future for the industry and society.