ESG Management

Co-prosperity management

Purchasing policy

Hanwha Vision to has been committed to the pursuit of endless innovation and the spirit of challenge. Through global purchasing power and mutually beneficial management with partners, we will achieve fair purchasing practices, which lead to the world’s best products and services.

Conflict minerals

To fulfill the company’s social responsibilities, Hanwha Vision will not purchase materials originated from disputing countries. Meanwhile, It will provide partners with training and advertisements to consistently spread policies on the prohibition of the use of materials from disputing countries.

※ With the excavation of industrial materials from about 10 African countries such as the republic of Congo, Rwanda, and Sudan, human trafficking and environmental destructions are occurring. The sales profits have been used for purchasing weapons. Thus, the US government had proclaimed a detailed plan to prohibit use of minerals from such disputing countries. Also, the EU has been trying to legislate on such trade. In a fair response to such global trends, Hanwha Vision had determined not to use the four main minerals (gold, tungsten, tantalum, and tin) from such disputing countries.

Comply with fair trade act

To abide by the Subcontractor Acts, Hanwha Vision has introduced and operated four guidelines of fair trade enacted by the Fair Trade Commission.

Guidelines for signing contracts
Vendor selection and management
Install and manage internal review board for subcontractor trade
Document issuance and preservation

Supply chain selection and assessment

As a partner for success, Hanwha Vision selects and manages vendors acccording to transparent and fair standards. We designate purchasing, quality/technology, and compliance management as required fields for evaluation to respond to social responsibility issues.

Assessment of newly registered
  • Register potential vendors
  • Conduct screening for qualification and registery
  • Credit assessment through credit rating agencies
Regular evaluation
  • Quality evaluation, technology evaluation, purchasing evaluation, performance evaluation
  • Compliance breaches
  • AEO certification, mutual growth awards, etc
Management of evaluation results
  • Notify the results and request measures for improvement
  • Monitor completion of improvement

Supply chain risk management

Ethics management pledge

As a partner for success, Hanwha Vision selects and manages vendors acccording to transparent and fair standards. We designate purchasing, quality/technology, and compliance management as required fields for evaluation to respond to social responsibility issues.

Code of ethics for purchasing

Based on clean organizational culture, purchasers at Hanwha Vision constantly create new values, conduct mutual purchase with vendors as business partners, comply with agreements and regulations, and promote fair purchase.

Standards for cash settlement

At Hanwha Vision, cash settlements are made three times each month to generate positive cash flow in suppliers.

Date Date of the tax invoice issurance
10th 21st to 30th of the previous month
20th 1st to 10th of the current month
30th 11th to 20th of the current month

Hanwha Vision is the leader in global video surveillance with the world's best optical design / manufacturing technology and image processing technology focusing on video surveillance business for 30 years since 1990.