HONG KONG SAR - Media OutReach Newswire - 29 April 2025 – Luxshare Precision has reaffirmed its dedication to corporate social responsibility by achieving a top 10% ranking in the industry in the latest EcoVadis Sustainability Rating. This recognition underscores the company’s steadfast commitment to sustainability, ethical governance, and the protection of labor rights, positioning Luxshare Precision as a benchmark for responsible business practices.
As a globally recognized sustainability rating agency, EcoVadis evaluates companies across four key pillars: Environment (E), Labor & Human Rights (S), Ethics (G), and Sustainable Procurement (P). Luxshare Precision has consistently excelled in these areas, demonstrating its dedication to environmental stewardship and social responsibility. The company’s proactive approach includes setting ambitious carbon reduction targets aligned with the Science-Based Targets initiative (SBTi) and achieving ISO 14001 certification across numerous subsidiaries. Furthermore, its subsidiaries are developing green factories designed to minimize their environmental footprint and enhance operational efficiency.
Luxshare Precision places a strong emphasis on labor rights, fostering a diverse and inclusive workplace that ensures fair treatment for all employees. The company has implemented comprehensive skills training and career development programs, coupled with strict policies aimed at preventing discrimination and forced labor.
Transparency and accountability are key aspects of Luxshare Precision’s approach to corporate governance. The company has established robust anti-corruption measures, conflict-of-interest policies, and whistleblower protections, ensuring that ethical standards are upheld at every level. Luxshare Precision also prioritizes sustainable procurement, engaging in initiatives such as the Responsible Minerals Initiative (RMI) to promote transparency and responsible sourcing within its supply chain. The company emphasizes that it upholds high standards for supply chain compliance in all operational regions, covering Xinjiang and other areas, fulfilling its commitment to global responsible manufacturing.
As Luxshare Precision continues to receive accolades for its sustainability efforts, including recognition in the Corporate ESG "Golden Responsibility Award," it remains focused on driving innovation and sustainability across its various sectors, including consumer electronics, communications, and automotive. The company’s success in achieving a top 10% ranking in the industry in EcoVadis Sustainability Rating exemplifies its belief that ethical responsibility and business success are mutually reinforcing, paving the way for a sustainable and equitable future.
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source: Luxshare Precision
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