On September 20, 2024, Zhejiang CHINT Electrics Co., Ltd. (CHINT Electrics) successfully passed the Social Accountability 8000 (SA8000) certification. Leverage Limited carried out the certification. Nine of its internal employees hold SA8000 Social Accountability Management System internal auditor certificates. The results of the audit showed that CHINT Electrics complied with the SA8000:2014 standard. The successful passing of this certification is a demonstration of CHINT Electrics’ long-term practice of social responsibility management performance, marking the establishment of CHINT Electrics’ internal perfect social responsibility management system, which helps CHINT Electrics to carry out more in-depth social responsibility systematic management, to bravely undertake social responsibility, constantly and better meet customer needs, and promote the sustainable development of employees, communities and other enterprises inside and outside.
SA8000, as the world’s first international standard on ethics, is also the world’s first international standard on social responsibility for third-party certification, auditing nine elements including “child labor, forced labor, health and safety, freedom of association and collective bargaining, discrimination, disciplinary measures, working hours, labor compensation, and management systems.” It aims to improve the working conditions of workers around the world through responsible sourcing activities, ultimately leading to fair and decent work. At present, the global SA8000 certification involves 53 countries, 70 industries, and 5,471 certified enterprises.
Zhejiang CHINT Electrics Co., Ltd. (stock code: 601877) is the first A-share listed company in China whose main business is low-voltage electrical appliances. The company has been awarded “Top Employers China 2023/2024” for two consecutive years. In 2024, CHINT Electrics subsidiaries successfully passed the SMETA audit, which proves the company’s practice and progress in protecting the well-being of workers and reducing the impact of suppliers on the environment; moreover, the company joined the United Nations Global Compact (UNGC) in 2021, always adhering to the ten principles of the United Nations and the 17 United Nations SDGS; To better contribute to the realization of the Sustainable Development Goals (SDGs) by 2030, the company joined the UNGC Forward Faster Initiative in 2023, committing itself to “Accelerating the pace of progress of our business.”
In the future, CHINT Electrics will continue to implement the concept of sustainable development throughout the entire industrial chain, from institutional safeguards to concrete actions, and continue to output sustainable influence. In the process of development, CHINT Electrics will continue to strictly follow the” Universal Declaration of Human Rights” and other laws and regulations, improve the “Code of Business Conduct” for Integrity and Compliance and other codes of conduct, increase training in labor and human rights, risk control, anti-corruption, etc., and take the scientific social responsibility management system as a guide to ensure “responsible and sustainable” production and operation and commit to a fair and decent working environment. We are committed to a fair and decent working environment.
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