CSR Policy/
Strategy/Mechanism
CSR Policy/Strategy/Mechanism
SMIC Corporate Social Responsibility (CSR) Policy
As an international company, SMIC must comply with strict legal requirements for corporate governance, financial accounting, and transparent reporting. Our business practices also must be ethical, safe, environmentally sound, and fair to our employees, in accordance with all the laws, rules, and regulations of the countries where we operate.
In addition to obeying the letter and mandates of such laws, we seek to promote their spirits. Through our CSR Program, we hope to advance social, environmental, and ethical responsibility according to internationally recognized standards. In short, we intend to remain worthy of our inclusion in the Hang Seng Corporate Sustainability Index Series as a company that has “attained a high standard of performance in the environmental, social and corporate governance areas”.
SMIC Corporate Social Responsibility Policy
To achieve these goals:
We declare our support for Responsible Business Alliance (Formerly the Electronic Industry Citizenship Coalition®) Code of Conduct and will actively pursue conformance to the Code and participation by our suppliers.
We will uphold the human rights of our staff and the highest standards of business integrity, as required by the RBA Code, the SMIC Code of Business Conduct & Ethics, SMIC Human Resources policies, and all other SMIC policies.
We will strive to maintain a safe workplace for our employees and a healthy environment for the public while minimizing adverse effects on the community, environment, and natural resources, consistent with our Environmental Protection, Safety, & Health Policy and our related ISO and other international certifications.
We will develop and maintain management systems to implement this CSR Policy with continual improvement as part of a holistic CSR Program.
SMIC CSR Strategy
SMIC works closely with all stakeholders based on the corporate social responsibility (CSR) strategy of "caring for people, the environment and society", integrating employees human rights maintenance, consumer care, environmental protection and social responsibility into the core strategy of the company's business operations, and continuing to fulfill social responsibility.
SMIC Management Mechanism
In 2015, SMIC set up CSR Committee to promote CSR management projects and achieve the objectives in the CSR policy. The Committee is under the leadership of the Board, where the CFO acts as Chairman, Vice President of Public Affair acts as Vice Chairman, and representatives elected by functional departments hold the position of members of the Committee.
