Our Focuses｜Human Rights and Social Inclusion｜Human Right
Human Rights Policy
Winbond Electronics Corp. promises to abide by internationally recognized human rights standards as the highest guiding principle, including:
- UN Guiding Principles on Business and Human Rights
- Declaration of Fundamental Principles and Rights at Work
- UN Universal Declaration of Human Rights of the International Labor Organization
Winbond implements the Responsible Business Alliance Code of Conduct to uphold human rights and create a safe and ethical working environment. Also, Winbond adheres to the human rights policies below and expects vendors to follows the same standards in their operation and management
Human Rights Due Diligence Investigation
Winbond places a high priority on the development of human rights issues, and has proactively invested into human rights management activities. In order to sufficiently assess human rights risks, allowing for continuous improvements to be made, Winbond has performed a human rights due diligence investigation of all of our employees for the first time in 2022.
Winbond has conducted this investigation with reference to sustainability assessment and standards trends, developing a framework for this investigation based on an analysis of these trends. These standards include, without limitation, the UN Global Compact, the International Bill of Human Rights, the UNGPs on Business and Human Rights, the ILO-Declaration of Fundamental Right at Work, the International Labor Office Tripartite Declaration of Principles, and the OECD Due Diligence Guidance for Responsible Business Conduct.
Implementation of the Human Rights Due Diligence Investigation
All employees at Taiwan headquarters, including the Taipei Office, Zhubei Office, CTSP Fab, Tainan Office, and Kaohsiung Fab.
Human Rights Due Diligence Investigation Procedures
Research background, business models, and management conditions for assessed industries, to understand the scope of the issue, and identify targets for each stage of the assessment.
Identification of Potential Negative Impact
Identify the human rights risks and issues applicable to Winbond, use this information as a the basis for the assessment.
Assessment of Potential Negative Impact
Conduct quantitative and qualitative studies. A quantitative risk value is calculated based on the occurrence frequency and severity of impact reported on the human rights risk assessment questionnaire, together with internal practice assessments and employee interviews.
Analysis of Potential Negative Impact
Undertake human rights risk mitigation and remediation actions based on the assessment results, and establish a management cycle for continuous improvements.
Report and Disclosure
Produce human rights due diligence investigation report on the regular basis, which reveals the investigation process and related risk analysis results.
Improvement and Follow-Ups
The results of these questionnaires reveal that none of the 28 issues identified are high risk issues which requires immediately action. 6 issues are medium risks which requires additional mitigation measures. The remaining 22 issues are all low risks, revealing that employees generally believe that there is only a low probability for these human rights risks to take place at Winbond, and that their impact on human rights is limited. Winbond continues addressing the 6 medium risks, reducing the occurrence and the impact. Please refer to 2022 Winbond Human Rights Due Diligence Report for the action plans.