Lenovo 2016 Annual Report Download - page 119

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2015/16 Annual Report Lenovo Group Limited
CORPORATE SOCIAL RESPONSIBILITY REPORT
SUSTAINABILITY
Lenovo is committed to being a responsible corporate citizen that delivers a positive impact on people’s
lives, the communities in which it operates and its shared global environment.
It practices corporate citizenship in everything it does at Lenovo, from its commitment to the highest
ethical standards and product quality and safety, to safe and healthy workplaces, concern for protecting
the environment in all aspects of its business, as well as donating resources and supporting employee
voluntary activities. It believes this approach differentiates Lenovo as it works to maintain leadership in
the PC industry, while expanding its position in Enterprise and Mobile.
Sustainability and corporate social responsibility issues are addressed at the highest levels of its company.
Sustainability-related risk is addressed proactively with other risks through its robust Enterprise Risk
Management (ERM) framework. Lenovo’s Board of Directors and management team apply the ERM
framework in strategy setting and apply it across all major functions of the Company.
The Board of Directors receives an update on Lenovo’s sustainability and corporate social responsibility
risks annually, presented by the Chief Sustainability Executive. This update, which was presented at the
Board’s May 2015 meeting, included a review of key performance areas for the previous fiscal year and a
request for ongoing support for specific sustainability initiatives, including renewables and philanthropic
giving.
Lenovo provides a full accounting of its environmental and social responsibility performance for the
previous fiscal year in its annual Sustainability Report. The scope of its Sustainability Report is determined
by a Sustainability Materiality Assessment, a process where it evaluates and determine Lenovo’s
significant, or material, environmental and social responsibility aspects.
Lenovo’s corporate governance framework includes a Corporate Sustainability Policy, signed and endorsed
by Chairman and CEO Yuanqing Yang that outlines the social, environmental and economic principles that
guide the company’s operation. The policy is available at http://www.lenovo.com/sustainability.
Lenovo publicly validated its commitment to responsible corporate citizenship by becoming a signatory
to the UN Global Compact in 2009, and has continued its membership in good standing. 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
anticorruption. Lenovo fully embraces these ten principles.
It believes its sustainable and responsible business practices serve as a means to minimize risk, reduce
costs, increase shareholder value and support its long-term prospects for profitability.
Lenovo’s Key Sustainability Commitments Include:
Ethics and Compliance
Product Quality and Customer Safety
Employee Health and Welfare
Diversity
The Environment
Global Supply Chain
Social Investments