Supply Chain Management

Supporting the Sustainable Development Goals

Plan B is committed to managing its supply chain responsibly by integrating Environmental, Social, and Governance (ESG) principles into every stage of the process—from procurement and supplier selection to monitoring performance. This approach supports the United Nations Sustainable Development Goals (SDGs) while encouraging suppliers to uphold the same standards and extend these practices throughout their own supply chains. By doing so, Plan B aims to foster shared sustainability and enhance economic, social, and environmental value in the long term.

Goals and Performance Highlights

Our commitment to sustainable impact is demonstrated through ESG goals and performance.

ESG Performance Data

Goals

100% of suppliers

To acknowledge and sign the Supplier Code of Conduct, which covers economic, social, and environmental aspects.

Performance Highlights

All new suppliers are required to acknowledge and comply with Plan B’s Supplier Code of Conduct to ensure a mutual understanding of business ethics and shared responsibility for sustainable development. In 2024,

100% of suppliers

Acknowledged and accepted the Supplier Code of Conduct.

Plan B assessed ESG-related risks of key suppliers through Vendor Self-Assessments and regular On-site Audits to ensure that suppliers operate ethically, transparently, and in compliance with labor laws, human rights, and environmental standards. In 2024, the company’s ESG risk assessment found that

None of its critical suppliers

posed significant ESG risks.

Commitment, Challenge And Opportunity

Commitment

The company is committed to building a sustainable supply chain by integrating environmental, social, and governance (ESG) considerations into its supply chain management. The company also prioritizes supply chain resilience and works closely with business partners to manage ESG-related impacts and risks that could affect the company’s reputation, stakeholder trust, and long-term business relationships.

Challenges

Economic volatility and fluctuating raw material costs that may affect supply chain continuity

Opportunities

Establishing strategic collaboration with suppliers to enhance sustainability and create long-term shared value

Management Approach and Practices

The Company has established policies and a code of conduct for suppliers in Procurement and hiring to ensure that our suppliers adhere to our guidelines for sustainable business operations, as per the Company's expectations. Furthermore, the Company also sets a Code of Conduct that covers guidelines for supplier screening, including a section to identify suppliers with significant or high ESG risks, as well as procedures for following up on and examining these suppliers. Suppliers are expected to adhere to ethical and operational principles that prevent adverse impacts on the community and the environment, while protecting the occupational health and safety of workers and society.

The company believes that managing the supply chain with a comprehensive consideration of ESG (Environmental, Social, and Governance) issues will create long-term value with partners, enhance operational efficiency, and boost the company's competitive advantage. Consequently, the company has established a Supplier Code of Conduct to ensure that the supply chain management is appropriate and effective. This code outlines sustainable business practices between the company and all its suppliers, establishing standards and guidelines for suppliers to follow throughout their operational processes.

The Supplier Code of Conduct aims to develop standards in five main areas:

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In addition, strategies for supply chain management and guidelines for business partners have been established to oversee the supply chain and fully integrate key sustainability factors into the procurement process, in alignment with ISO 20400 Sustainable Procurement Guidelines, as follows:

Plan B requires all business partners, both new and existing, to comply with the Partner Guidelines.

Plan B sources core raw materials for advertising media, such as static advertising media, responsibly and in compliance with ethical standards.

Plan B has established processes to identify critical suppliers and critical materials to prioritize risk management and plan supplier relationship management.

Plan B defines levels of sustainability risk management measures through on-site supplier audits conducted by internal or external auditors, online assessments, and third-party risk database checks using the Cross Supplier Risk Management system, which is utilized to evaluate and monitor supplier risks.

Plan B monitors supplier performance through assessment results and audit findings, and requires suppliers to take corrective actions when non-compliance with audit requirements is identified.

Management Approach

Plan B places great importance on supply chain resilience and collaboration with business partners to manage both positive and negative economic, social, and environmental impacts. The company focuses on reducing greenhouse gas emissions, utilizing resources efficiently, ensuring fair labor practices, and avoiding human rights violations. Plan B has adopted the Supplier Code of Practice and assesses sustainability risks through the CROSS-Procurement Platform to enhance transparency, access to supply chain information, and prudent business continuity management.

This approach is aligned with ISO 20400 Sustainable Procurement Guidelines, as follows:

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Assessment of Supplier Risks that Covers Three Key Issues in Economic, Social, and Environmental Dimensions

Supplier Risk Assessment
Economic Dimension	Social Dimension	Environmental Dimension
Risk related to the financial status and stability of suppliers	Risk from the use of child labour, illegal migrant labor, and human rights violations	Risk related to climate change
Risk associated with suppliers with high transaction value	Risk related to occupational health and safety	Risk related to environmental protection and waste management
Risk of non-compliance with contract terms and delivery performance	Risk of human rights violations
Risk related to credit term

In 2024, the company conducted an assessment of key supplier risks and found no significant risks. As a result, the company was determined to have no economic risks arising from its suppliers.

Risk Management Process

The company focuses on appropriate risk management, essential for operating under conditions of uncertainty and continual change, enabling it to achieve its set objectives and goals. Simultaneously, this helps enhance competitive capabilities and business growth and/or creates new business opportunities. The risk management process at the business group or business line level includes the following steps:

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Supplier Code of Conduct on Procurement, Sourcing, and Hiring

The company has established a Supplier Code of Conduct on procurement, sourcing, and hiring to define guidelines for conducting sustainable business with its suppliers. This Code is based on the principles of transparency, equality, and fairness, covering standards related to the environment, human rights, occupational health and safety, and business ethics. Furthermore, it encourages suppliers to apply these principles within their own supply chains in order to raise the standards of shared responsibility, promote sustainability across the value chain, and foster long-term mutual growth.

Supply Chain Management