Lenovo 2013 Annual Report Download - page 82

CORPORATE SOCIAL RESPONSIBILITY REPORT
Lenovo Group Limited 2012/13 Annual Report
80
SUSTAINABILITY
Social responsibility can take many forms and mean
different things to different people. Lenovo’s viewpoint
reflects our unique heritage, formed from our roots in both
the East and the West. On our journey to becoming one
of the world’s largest personal technology companies, we
have created new ways of doing things. We look at the
world and see what it is becoming more than where it has
been. We take our role in responsibly shaping the future
seriously, and thus our approach to corporate citizenship
reflects that dedication and commitment. We consistently
work to improve, not only our performance and the quality
of our products, but also how we do business, how we
treat our people, the many communities we serve and the
environment around us. That means we live up to our
commitments and take ownership for what we do.
Under the leadership of Senior Vice President Peter
Hortensius, our chief sustainability executive, Lenovo
creates value for our local communities through planning,
research and collaboration. As we expand globally, we hire
top local and international talent to operate our businesses,
and we invest in the future of each of these local markets.
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 causes that better our world.
Lenovo continues to set an example with sustainability
programs that have been recognized by the global
community. Lenovo was selected as a constituent stock of
the 2012 Hang Seng Corporate Sustainability Index (HSCSI)
for the third year in a row, acknowledging Lenovo’s ongoing
commitment to sustainability. Lenovo’s “AA” ranking in
2012 is an improvement from the “A+” rating received in
2011 and is representative of our continuous efforts to be
both sustainable and socially responsible. For the second
consecutive year, Lenovo earned a position on the index’s
Honour Board, which puts it among the top 10 out of 636
companies examined. In addition, Lenovo is the top rated
company in the index’s Information Technology sector and
the only company in its sector among the Hong Kong top
20. Lenovo is also 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 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:
• Ethics and Compliance at Lenovo
• Employee Health and Welfare
• Diversity
• Product Quality and Safety
• The Environment
• Global Supply Chain, and
• Social Investments
Lenovo is a signatory to 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 areas of human rights, labor, environment and anti-
corruption.
In FY2012/13, Lenovo demonstrated progress in formalizing
our sustainability programs, including publishing our first
Corporate Sustainability Policy, signed and endorsed by
Chairman and CEO Yuanqing Yang, and documenting
sustainability factors in our risk management program’s
“Risk Registration Review.”