Chairman Greetings
Sustainability is a business imperative
Global manufacturers face economically challenging times with a complex and crowded agenda. Today’s market pressures require manufacturers to balance multiple priorities: productivity, globalization, innovation and sustainability.
Rising prices and shortages of resources, whether of talent, dollars, energy, or materials, have rewritten the economics of manufacturing. The unexpected downfall of some of the world’s most powerful financial institutions highlights the new sense of urgency for companies to build trust, operate transparently and reduce risk. Corporate responsibility, with its emphasis on sustainability, is no longer just the right thing to do; it’s a business imperative.
We know that for Fengqing Group to survive we need to provide our employees with a healthy workplace where they feel engaged, committed and inspired to do their best work. We must work closely with our customers to help them create cleaner, safer and more energy efficient production practices. We have to cultivate the best global partners in our supply chain so we can better support our customers. And, we need to continue to invest in education and training programs in our communities.This year, like 2008, will hold its share of challenges. That’s why our culture of responsibility, accountability and integrity is ingrained in our business
strategy and will remain an imperative regardless of where we are in the business cycle, up or down. Our Corporate Responsibility Update provides you with the metrics and highlights of our 2008 efforts to remain a sustainable company supporting sustainable customers in sustainable communities around the world.
Rising prices and shortages of resources, whether of talent, dollars, energy, or materials, have rewritten the economics of manufacturing. The unexpected downfall of some of the world’s most powerful financial institutions highlights the new sense of urgency for companies to build trust, operate transparently and reduce risk. Corporate responsibility, with its emphasis on sustainability, is no longer just the right thing to do; it’s a business imperative.
We know that for Fengqing Group to survive we need to provide our employees with a healthy workplace where they feel engaged, committed and inspired to do their best work. We must work closely with our customers to help them create cleaner, safer and more energy efficient production practices. We have to cultivate the best global partners in our supply chain so we can better support our customers. And, we need to continue to invest in education and training programs in our communities.This year, like 2008, will hold its share of challenges. That’s why our culture of responsibility, accountability and integrity is ingrained in our business
strategy and will remain an imperative regardless of where we are in the business cycle, up or down. Our Corporate Responsibility Update provides you with the metrics and highlights of our 2008 efforts to remain a sustainable company supporting sustainable customers in sustainable communities around the world.
Sincerely,
Geneneral Manager
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