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Kaida Yisheng business principle is foundation for the Company? commitment to be environmentally sustainable and to create shared value.
Creating Shared Value is the basic we do business, which states that in order to create long-term value for the company, we have to create value for society. But we cannot be either environmentally sustainable or create shared value
for company and society if we fail to comply with our Business Principles.
At the same time, Creating Shared Value goes beyond compliance and sustainability. Any business that thinks long-term and follows sound business principles creates value for company and for society through its activities, e.g. in terms of jobs for workers, taxes to support public services, and economic activity in general. But Creating Shared Value goes one step further. A company consciously identifies areas of focus, where: a) company?interest and society? strongly intersect, and b) where value creation can be optimized for both. As a result, the company invests resources, both in terms of talent and capital, in those areas where the potential for joint value creation is the greatest, and seeks collaborative action with relevant companies in society.
It is Kaida Yisheng Group? ambition to achieve global success in each of our product markets, a goal which can only be attained from a solid foundation. It is our aim to create a congenial and efficient working environment for our staff, coupled with a sound and honest business ethic with which to conduct our dealings. With this in mind, Kaida Yisheng Group? staff has outlined some of its core values:
Staff Principles
Diversity
Every member of staff is unique and valuable.
Unity
Our attitude to one another is based on mutual trust with respect for the opinions, values and choices of others.
Furthermore, we strive to behave honestly, fairly and responsibly in our working relationships with each other and with third parties, employing clear and flowing communication throughout.
Equality
Any form of discrimination based on sex, age, physical or mental ability, descent, sexual orientation or appearance is unacceptable to us.
Business Ethic
Responsibility
In carrying out our work, we take the necessary initiatives to guarantee health and safety at work, as well as the preservation of our environment through care and respect. Our overall attitude creates a healthy and productive working environment, which is reflected in the quality of our final products.
Delivering Quality Products
In order to continuously deliver products of the highest quality, our manufacturing processes must be based on the latest technology, combined with solid and persistent research. A sustained approach to research and product development ensures that we remain at the forefront of the market.
Diligence and Respect for Legislation
It is the group? aim to conduct our business dealings with a high level of transparency and in accordance with any applicable laws and regulations.
Prevention of Conflicts of Interest
We strive to do business in a fair and impartial manner with the group? interests at heart. For this reason, we pay close attention to any possible conflicts of interest at all levels of operation that could jeopardise our universal objectives.
Secure Handling of Sensitive Information
Confidentiality is of paramount importance in a multi-tiered company to ensure that each decision is handled at the correct level and every negotiation is dealt with in the strictest confidence.
Core values
Our core values form the framework for our conduct and our decisions as well as provide orientation for our actions as a company.
Sustainable Success
Sustainable success is the goal of our activities and a core value at the same time. We create values for our stakeholders and in doing so we assume active responsibility towards people, society and nature. We use opportunities and in doing so approach risks cautiously.
Social Responsibility
We are convinced that social responsibility is an indispensable factor for the long-term success of our company. We respect and support observance of internationally recognized human rights and reject all forms of forced and child labour. We respect trade union freedom of association and the right to engage in collective wage bargaining. We remunerate our employees on market terms and on the basis of performance with compensation and social benefits linked to economic success.
Respect and Fairness in Dealing with Business Partners and Employees
We treat our business partners as fair contractual partners. Supervisors and employees display an attitude of openness towards each other and create a workplace atmosphere that facilitates the open exchange of ideas and an approach to dealing with one another characterized by confidence. Equality of opportunity and the rejection of any form of discrimination is something that we consider a matter of course.
Promoting the Personal and Specialist Competencies of Our Employees
We promote the personal and specialist competencies of our employees. We encourage our employees to contribute their creativity to the common success of the company and its stakeholders.
Transparency
We seek an active dialogue with our partners and our environment. We regularly provide our employees, shareholders, the capital market and the media with comprehensive, truthful and intelligible information.
Integrity
We act in compliance with the laws of the countries in which we operate. We observe the rules of free competition. We do not tolerate any form of corruption. We avoid conflicts of interest and protect company property from any abuse. |
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