Supplier Full Lifecycle ESG Risk Management System
Access MechanismIntegrate ESG standards comprehensively into the supplier onboarding evaluation system, making it a core component of the qualification review process.Risk ManagementEstablish a dynamic ESG risk matrix, implementing tiered and categorized management for existing suppliers. Based on t
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Access MechanismIntegrate ESG standards comprehensively into the supplier onboarding evaluation system, making it a core component of the qualification review process.Risk ManagementEstablish a dynamic ESG risk matrix, implementing tiered and categorized management for existing suppliers. Based on t
Sustainable Supply Chain Grievance Mechanism
To uphold fairness and transparency throughout the supply chain, Yingfa Ruineng has established the following grievance mechanism to protect the legitimate rights of suppliers, employees, and other stakeholders:1. Scope of Grievancesa. ESG compliance issues, such as environmental protection, labor r
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To uphold fairness and transparency throughout the supply chain, Yingfa Ruineng has established the following grievance mechanism to protect the legitimate rights of suppliers, employees, and other stakeholders:1. Scope of Grievancesa. ESG compliance issues, such as environmental protection, labor r
Supplier Performance Evaluation Scoring Levels and Tiered Management Measures
LevelScoring Range for LevelsMeasuresA90-100points Increase in purchase order volume, If a supplier is rated as A-level for four consecutive times, inspection requirements may be relaxed or waived.B80-89points Maintain regular procurement.C60-79points Maintain reg
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LevelScoring Range for LevelsMeasuresA90-100points Increase in purchase order volume, If a supplier is rated as A-level for four consecutive times, inspection requirements may be relaxed or waived.B80-89points Maintain regular procurement.C60-79points Maintain reg
Strict Declaration on Supplier Cooperation Termination Clause
If a supplier is involved in the following "zero tolerance issues" and poses significant compliance risks, Yingfa Group reserves the right to immediately suspend the process of onboarding new suppliers or terminate the cooperation with existing suppliers:1、Environmental Compliance Failure
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If a supplier is involved in the following "zero tolerance issues" and poses significant compliance risks, Yingfa Group reserves the right to immediately suspend the process of onboarding new suppliers or terminate the cooperation with existing suppliers:1、Environmental Compliance Failure