Lenovo 2014 Annual Report Download - page 88

86 Lenovo Group Limited 2013/14 Annual Report
CORPORATE SOCIAL RESPONSIBILITY REPORT
SUSTAINABILITY
Lenovo is committed to being a responsible and active
corporate citizen, consistently working to improve its
business while contributing to the betterment of our
local communities, the environment and society overall.
We practice corporate citizenship in everything we do
at Lenovo, from a commitment to the highest ethical
standards, product quality and safety, and safe and
healthy workplaces – to a concern for the environment
in all aspects of business, as well as efforts to donate
our time and resources to philanthropy. We believe this
outlook and approach differentiates Lenovo as we work
to become not only a leading PC Plus brand, but also
one of the most respected technology companies in the
world.
Despite a difficult worldwide PC market over the past
several years, in FY2013/14 Lenovo achieved record
revenue and record profits. The Company also reached
a number of significant milestones – not only did we
become the world’s number 1 PC company, but also
number 2 worldwide in PCs and tablets combined; and
the number 4 smartphone player in the world.
Beyond organic growth, Lenovo continued its rapid
expansion announcing plans for two of the largest
acquisitions in company history – Motorola Mobility and
IBM x86 servers – that will serve to further accelerate our
growth as a PC plus pioneer and will benefit customers,
employees, local communities and investors.
While Lenovo is proud of our accomplishments in the
past fiscal year, we have many challenges ahead of
us and recognize that with such significant growth in
sales and market leadership comes increased social
responsibility and, in particular, increases the investment
that will be required to meet our aggressive environmental
sustainability targets.
At Lenovo, the core of our culture is ownership
and commitment. We empower employees to take
ownership for what they do along with living up to
their commitments. As a result, as a company, we
are continually striving to improve the world not only
through our innovations and business advancements,
but also through the way we do business, how we treat
our people, the many communities we serve and the
environment around us.
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
In the past, Lenovo’s organization was structured
around consumer and commercial PC sectors – now
as we move forward, we’re aligning around four distinct
business groups – PC, Mobile, Enterprise and Ecosystem
and Cloud Services. This new structure will support
the seamless integration of our planned acquisitions as
well as provide greater consistency across the business
organizations in how we deliver our sustainability
commitments. We will be focused on integrating the
new cultures and sustainability programs and ensuring
that any new acquisitions are quickly and fully aligned
to Lenovo’s environmental management system and
our environmental objectives and targets, as well as
accounted for in our internal and external metrics.