Lenovo 2012 Annual Report Download - page 74

2011/12 Annual Report Lenovo Group Limited
72
CORPORATE SOCIAL RESPONSIBILITY REPORT
SUSTAINABILITY
Sustainability for Lenovo means taking care of the long-
term economic, social, and environmental health of our
company and the communities in which we operate. With
the leadership of Senior Vice President Peter Hortensius,
Lenovo’s Chief Sustainability Executive and chairperson
of our Sustainability Working Committee, Lenovo creates
value for our local communities through planning, research
and collaboration; we work to fight climate change through
sustainable manufacturing and energy efficiency; we make
education a priority; we empower entrepreneurs and
innovators to make their own positive impact; we treat
our employees with respect and encourage them to live
the company values; and we invest in worthy causes that
better our world.
Lenovo continues to set an example with its sustainability
programs and have been recognized by the global
community. In 2010, Lenovo was selected as a constituent
stock of the Hang Seng Corporate Sustainability Index
Series – the first index of its kind to focus exclusively on
Hong Kong and mainland China. In 2011, Lenovo received
an ‘A+’ ranking placing it among the top 10 of the 638
companies whose corporate sustainability performance
was examined that year. Also, in 2011, Lenovo was
ratedas“Prime”byoekomresearchAG,anindependent
research institute specializing in corporate responsibility
assessments. The oekom Corporate Rating is based on
a comprehensive set of criteria for ethical assessment of
companies.
Lenovo supports and implements sustainable and
responsible business practices globally and is devoted to
ensuring that its 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 the company’s long-term prospects for profitability.
Lenovo’s sustainability commitments encompass:
• highethicalstandards
• employeehealthandwelfare
• diversity
• productsafetyandquality
• 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 principles
in the area of human rights, labor, environment and anti-
corruption.
Lenovo’s sustainability commitments and 2011 highlights
are summarized below. More extensive information on
sustainability can be found at: http://www.lenovo.com/csr.
Ethics and Compliance at Lenovo
Lenovo has a global ethics and compliance program that is
managed by the Company’s Chief Ethics and Compliance
officer. Lenovo’s Ethics and Compliance Office oversees
ethics and compliance across the organization, working
in partnership with the company’s business units to
see that the company achieves its business goals while
meeting the letter and spirit of the legal and regulatory
framework in which the company operates. Lenovo’s Ethics
and Compliance Office plays a critical role in providing
employees with the resources and information they need
to make the right choices and decisions. With these
systems in place, Lenovo describes clear expectations for
employees and hold them accountable for their behavior.