Human Rights Protection

Human Rights Policy

To protect the basic human rights of employees, SKFH complies with the “Universal Declaration of Human Rights”, the “UN Guiding Principles on Business & Human Rights”, the “UN Global Compact”, the “ILO Declaration on Fundamental Principles and Rights at Work”, and abide by local laws and regulations in Taiwan in order to create a working environment that values personal dignity and value. SKFH has formulated the "Statement on Human Rights" in order to fulfill its corporate social responsibilities and protect the basic human rights of all employees, customers, suppliers, and stakeholders.

In 2022, SKFH and its subsidiaries held a total of 121 human rights-related education training sessions, including training for human rights statement, business secrets and whistleblower protection, consumer protection, prevention of sexual harassment at the workplace, protection of CRPD (The Convention on the Rights of Persons with Disabilities) disabled people's rights and interests, workplace stress adjustment and emotional management, prevention of workplace violence, etc. for more than 41 thousand trainees. All employees have completed education and training related to legal compliance and human rights statement.

Human Rights Due Diligence Process

SKFH values human rights issues. To regularly examine the implementation of human right protection, the Company established not only Human Rights Statement but also the Human Rights Due Diligence Procedures Process. Through the internal and external communication channels and under the development trends of the domestic and overseas human rights issues, we collect the potential human rights issues in the operating process, value chain activities and even the new business development relationships, assess the high and low possibilities of various issues with the relevant units, the severity of the impact on the value chain and the stakeholders who may be impacted (such as all employees, customers, suppliers, investing and lending subjects, etc.). For the human rights issues with higher probability of occurrence and more severe impact on the organization, SKFH shall assign the relevant business units to conduct regular risk assessments, formulate mitigation plans and remediation actions to manage and reduce the identified risks and have proper responses when the risk occur. SKFH shall regularly review and amend the current human rights policy and strategies to meet regulations and prevail moral standards of the society. SKFH shall annually investigate and verify the effectiveness of the execution, compile results into the Human Rights Due Diligence Report for public disclosure.

Human Rights Due Diligence Results and Management measures

In 2022, in compliance with the human rights due diligence process, SKFH and its subsidiaries jointly conducted risk assessments for those who may be affected in the course of operations, including employees, suppliers, customers, and other stakeholders. Five major human rights issues, including "labor-management relations", "Forced Labor", "anti-discrimination & equal remuneration",  "privacy protection", and " occupational health and safety" have been identified by the assessment. At the same time, we also conducted ESG audits of our investing and lending subjects as well as joint ventures to assess whether there were potential human rights risks. For high-risk groups, the Company and subsidiaries established related management and mitigation plans for implementation. In 2022, SKFH and its subsidiaries have all performed the implementation management and mitigation plans and taken the relevant actions and compensations in response to the actual incidents.   

Human right risk matrix diagram

Human Rights Due Diligence Survey Table