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2010/11 Annual Report Lenovo Group Limited
48
CORPORATE GOVERNANCE
CORPORATE SOCIAL RESPONSIBILITY
SUSTAINABILITY
Lenovo supports and implements sustainable and
responsible business practices globally and is devoted
to ensuring that our products, employees, sites, and
suppliers are following these commitments. These
sustainable and responsible business practices serve
as a means to minimize risk, reduce costs, increase
shareholder value and support our long-term prospects
for profitability.
Lenovo’s sustainability commitments encompass:
• corporategovernanceandstrategy
• highethicalstandards
• employeehealth,welfareanddiversity
• qualityandsafetyforproducts
• theenvironment
• globalsupplychain,and
• socialinvestments
Lenovo is a signatory and member of the UN Global
Compact and fully embraces its policies and principles.
The UN Global Compact is a public-private strategic
policy initiative for businesses committed to aligning
operations and strategies with ten universally accepted
principals in the area of human rights, labor, environment
and anti-corruption.
Lenovo’s sustainability commitments and 2010 highlights
are summarized below. More extensive information on
sustainability can be found at:
http://www.lenovo.com/csr
Corporate Governance and Strategy
Lenovo has always been committed to sustainable
business practices, and in late 2010, the company
launched an initiative to update its corporate
governance in line with best practices, to ensure that
there is full accountability for sustainability at all levels
of management. In addition, Lenovo began an initiative
to embed sustainability into the company’s business
strategy. The outcomes of both of these initiatives will
be announced in FY 2012. Lenovo was recognized for
its leadership and commitment to sustainability in July
2010, when the company was selected as one of only
thirty companies to be included in the first Hang Seng
Sustainability Index.
High Ethical Standards
Lenovo provides guidance to our employees on a wide
range of ethical issues, such as reporting unlawful
or inappropriate conduct, respecting and protecting
intellectual property, trading in securities and complying
with governmental regulations. Employees are required
to report any evidence of fraud, unethical business
conduct, violation of laws, danger to health or safety or
any other violation of corporate policies.
Employee Health, Welfare and Diversity
Lenovo’s people are our greatest asset, and we are
committed to providing a safe and healthy working
environment. This global commitment is clearly essential
to the company’s productivity and values. Lenovo tracks
its performance in health and safety, and relevant data
can be found in our sustainability report. The Company’s
Global Occupation Heath and Safety (OHS) organization
has established world-class standards for employee
workplace safety. Lenovo is pursuing global volunteer
initiatives, such as OHSAS 18001, in which Lenovo’s
global supply chain was certified OHSAS 18001
compliant by Bureau Veritas.