LiuGong actively implements the new development philosophy of innovation, coordination, green development, opening-up and sharing, integrates it into all areas and the entire process of its operation and development, and strives to achieve environmentally friendly construction while contributing to society.
In response to the global trend of sustainable development and the national "carbon peaking and carbon neutrality" goals, LiuGong has established its ESG strategic planning as the core engine driving the Company's long-term, healthy and high-quality development. LiuGong's ESG strategy focuses on five strategic directions, each with clear strategic objectives, linked key action initiatives, and closely aligned with the United Nations Sustainable Development Goals (SDGs), demonstrating LiuGong's firm commitment to leading sustainable development in the industry.
We are committed to fostering a diverse and inclusive culture, and we integrate respect for human rights as a fundamental principle into our corporate culture, values, code of conduct, and global business activities.
Our commitment to respecting and adhering to internationally recognized human rights and labor standards underpins Liugong's Human Rights Policy, which includes the Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights, the International Covenant on Economic, Social and Cultural Rights, the Convention on the Rights of the Child, the Convention on the Elimination of All Forms of Discrimination against Women, the ILO Declaration on Fundamental Principles and Rights at Work, the United Nations Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises, as well as the laws and regulations of the countries and regions where we operate.
Liugong's Human Rights Policy demonstrates our commitment to respecting human rights across the entire value chain of our business operations, and it is an embodiment of our brand philosophy, "Extend Human Power".
In this policy, we identify the human rights issues that are of key concern and have the most significant impact on our business, and we reflect our respect for human rights through 14 key areas: 1. Prohibition of discrimination, 2. Prohibition of harassment, 3. Prohibition of forced or compulsory labor, 4. Prohibition of child labor, 5. Fair employment and development opportunities, 6. Workplace safety, 7. Full and timely payment of remuneration, 8. Protection of personal information and privacy, 9. Transnational workers, 10. Women's rights, 11. Diversity and inclusion, 12. Continuous learning for employees, 13. Employee leave rights, 14. Employee right to work. Liugong calls on and expects our suppliers, contractors, distributors, partners, and other stakeholders to comply with the commitments and policies related to human rights, and strongly encourages them to adopt the same or similar standards and policies in their respective business operations.
In the process of talent selection and recruitment, Liugong adheres to the principle of fair employment and provides equal employment opportunities. When hiring personnel, we mainly consider factors related to job requirements such as professional competence, skills, qualifications, academic degrees, and past work experience. Our aim is to ensure that all job seekers have the opportunity to obtain suitable positions where they can fully utilize their skills and talents, and we will not discriminate against them based on other job-irrelevant factors. Where relevant laws and regulations provide support for individuals with special needs, we will comply with such provisions.
LiuGong has established a four-level governance framework consisting of the "Board of Directors – Strategy and ESG Committee – ESG Leadership Team – ESG Execution Team". It clearly delineates the responsibilities of the decision-making, managerial and execution level, and incorporates ESG into the Company's strategic planning. This reflects the Company's top management's emphasis on and strategic guidance for ESG, laying an important organizational foundation for the systematic advancement of ESG initiatives.
Since 2007, LiugGong has released an annual Sustainability Report, as well as policies and special reports on sustainable development from time to time, demonstrating its philosophy and practices in sustainable development.
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