Business
Hon Hai Technology Group (Foxconn) Completes Independent Audits At 9 More Manufacturing Sites
Hon Hai Technology Group ("Foxconn") (TWSE:2317) has completed independent, third-party audits of nine manufacturing campuses covering five countries, demonstrating, for a second year, a commitment to critical compliance and transparency in social and environmental responsibility by the world's largest electronics manufacturing service provider.
About this update from Hon Hai Precision Industry Co., Ltd.
[{"type":"text","content":"Demonstrating verified compliance with RBA VAP standards","length":56,"tagName":"p","attribs":{}},{"type":"text","content":"TAIPEI, April 1, 2025 /PRNewswire/ -- Hon Hai Technology Group ("Foxconn") (TWSE:2317) has completed independent, third-party audits of nine manufacturing campuses covering five countries, demonstrating, for a second year, a commitment to critical compliance and transparency in social and environmental responsibility by the world's largest electronics manufacturing service provider.","length":404,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Foxconn TLPGA Players Championship)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Foxconn TLPGA Players Championship)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":128,"url":"https://media.zenfs.com/en/prnewswire.com/9c829237c91d0545606b0cf8c8015770"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/9FdofdbbxjO6ZXPGP.JLWg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9c829237c91d0545606b0cf8c8015770","width":400,"height":128}},"href":"https://mma.prnewswire.com/media/2613004/Foxconn_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"No priority findings were assessed for the most part in the audits conducted under the Responsible Business Alliance Validated Assessment Program (RBA VAP), an industry standard that recognizes a factory's commitment to social and environmental responsibility and focuses on verified closure of issues identified in a VAP assessment.","length":337,"tagName":"p"},{"type":"text","content":"The audits covered Foxconn manufacturing sites in China, Vietnam, Malaysia, India and Mexico, showing an overall compliance rate of 89%. The Quang Chau campus in Vietnam's Bac Giang province was recognized at a Silver level under RBA VAP, outperforming the average score in the local industry.","length":302,"tagName":"p"},{"type":"text","content":"According to RBA, customers, investors, governments and other stakeholders consider the verified closure of audit findings critical to demonstrating compliance to their requirements. To enhance sustainability in Foxconn's operations and serve as a global best-practice model, the audits in 2024 also focused on campuses needing to strengthen third-party check...