Corporate News
Date:
2010-06-26
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Source of Yuchai Power
Report of Active Implementation of Corporate Social Responsibility in Yuchai Group

        Bee is one of the most ancient, the most unique, the smartest and the most civilized species in the present world, and has lived in earth for 120 million years. Through gathering and making honey and transferring pollen to the plant, bees promote the plant growth, as well as bring themselves more floral sources. The survival mode of bees keeping harmonious with the nature is a responsible act, as well as a typical model of sustainable development on earth. Golden Bee Enterprise is a sign for sustainable development mode. Guangxi Yuchai Machinery Group is exactly one typical Golden Bee Enterprise. 
       As a leading enterprise in internal combustion industry in China, Yuchai Group embraces the enterprise core principle Green Development and all win in harmony and the enterprise mission Meet requirements of the public through excellence and advance. Yuchai has adhered to the social responsibility during the whole enterprise development period and regarded benefit of customers, staff, shareholder and society as the starting point to establish national brand, make the enterprise become strongerr and large and gives own best back to the society. Yuchai has formed unique sustainable mode and set up a leading example in industry and society. Yuchai Group has been granted as Special Award of China Corporate Social Responsibility and Golden Bee Responsible Procurement Award. On 5th June, 2010, the 5th Corporate Social Responsibility International Forum of 2009 Golden Bee Corporate Social Responsibility China List is themed as Source of Economic Recovery Responsibility and held in Beijing. In this ceremony, Yuchai was granted as Director Unit of Golden Bee Corporate Social Responsibility and became a leading example in implementing social responsibilities among Chinese enterprises. 
        Since Yuchai has joined the largest corporate citizen initiative in the world Global Compact on May 2008, Yuchai Group has committed to adhere to Ten Principles of Global Compact and accept the supervision of society. Since 2008, Yuchai has begun to publish Corporate Social Responsibility report every year. Yuchai Sustainable Development Report in 2008 has been granted a special award of Supplier. In China Economic Industry Corporate Social Responsibility Report Release held by China Federation of Industrial Economies on 26th May 2010, Yuchai Sustainable Development Report in 2008 issued by Yuchai Group was highly appraised by evaluation experts. With emphasis on Yuchai social responsibility practice achievement in 2009, this Report covers 8 main items, including unique advantages, implementation of social responsibilities, energy saving and emission reduction, staff career, commercial partnership, customer service, social contribution, and vision of the future. 
         During the enterprise development procedure, Yuchai Group has adhered on green development principle resources saving and environment-friendly, and become the leader of China green power and controller of the largest mobile pollutant source. In research and development, Yuchai Group is active to initiate green products. Yuchai Group has been in internationally leading place in combustion development technology, lower emission combustion development, and mechanical combustion development, paying significant contribution to improve survival environmental conditions on earth. Yuchai Technical Center is ranked nationwide at the 27th place among over 5000 nationally accepted enterprise technical centers in 2009, and at the first place in engine industry. Yuchai Group obtains independent intellectual property rights on Nation 3, Nation 4 and Nation 5 diesel engines which were developed out ahead 3 or 5 year than national emission standard implementation date so that level of Chinas engine industry kept pace with international engine research and development for the first. Over 2,000 Yuchai Nation 4 engines and over 130 refuse transfer stations were put into operation in Beijing. 5,500 Olympic vehicles equipped with Yuchai engines were used for protection of 2008 Beijing Olympic Game, which becomes a proud of Chinas internal combustion engine. In 2009, the first worldwide engine which is manufactured with the existing parts technologies and features the renewable air hybrid power function Yuchai YC6A280-30 came into being, indicating that Yuchai Group has made new breakthrough in the research, development and application of new energy technology, has obtained the internationally advanced technological level and has kept ahead than other companies in this industry. Since 1994, sales of multiple cylinder diesel engines manufactured by Guangxi Yuchai Group has been increased to 7 times, but volume of particulate emission of products has not increased basically. Yuchai is granted by All-China Environment Federation as Chinese Energy-Saving Emission Reduction Feats Enterprises. 
        In the process of manufacturing products, Yuchai Group has been paying much attention to save energy, reduce and control pollutant discharge, has carefully implemented national or local laws and regulations related to energy saving and has continuously promoted the implementation of energy-saving and emission reduction project.Through widely developing technological innovation and management reform, Yuchai Group has obtained noticeable results in promoting and applying new energy-saving technologies and improving technological reform. It is estimated that in 2009 unit consumption of integrate energy has decreased by 21.66% from last year's same period, integral consume per10000 Yuan GDP has decreased by 26.04% from last years same period, and attainment rate of three industrial waste has reached 100%. Workers have got some skills such as cast correctly in one action, judge correct in one time and hook correctly in one action. These skills obtain obvious energy-saving effect in the process of manufacturing. 
        In the public welfare work, Yuchai Group is generous and participates in various public benefit activities where the entire society may share the result of operation achieved by Yuchai. Up to now, Yuchai Group has invested 0.6 billion yuan to support public benefit activities in education, sanitation, environment, charity, culture and sport. Yuchai has donated 7.5 million yuan to Guangxi Hope Project for continuous years and donated for girls in Spring Buds Program for  four  years and helped 500 girls accept education every year. In May, 2009, Yuchai donated 500,000 yuan to Tianjin University to support poor freshmen. After that, Yuchai set up Scholarship and Financial Aid in Tianjin University to award students of fine qualities and fine scholar. In addition, Yuchai Youth League Committee has continuously carried out activities themed as Big hands hold small hands, heart to heart with love to assist the 30 impoverished students of fine qualities and fine scholar living around Yulin, Guangxi and let the youth in Yuchai Group get chance to help them in a manner one helps one or many help one. For these aids, Yuchai Group was granted Contribution Award of 20th Anniversary for Guangxi Hope Project and Guangxi Advanced Unit of Implementation of Spring Buds Program. 
        In addition, Yuchai Group and its partners in upstream and downstream signed Letter of Commitment for Social Responsibility to make 8 social commitments: 
        1. Abide by the laws and administrative regulations, and advocate the accepted commercial morality and behavior criterion; 
        2. Actively protect natural resources and ecological environment; develop environment friendly technologies and produce green products; 
        3. Promote the technological innovation, implement recycle economy and become a pioneer enterprise in energy-saving and emission reduction; 
        4. Highly responsible for product quality and service quality, honest and keep own words, and keep faith for the entire society; 
        5. Increase the overall service core competency, maximize customer use value; 
        6. Respect and care staff, and protect the legitimate rights and interests of personnel, ensure the safety for employees at work; 
        7. Actively support charity project and participate in public benefit activities, and attend    the construction of living community; 
        8. Help each other, establish harmonious industrial chain, and realize double-win. 
        Yuchai Group realizes the sustainable development through implementation of corporate social responsibility, and groped own way toward success suitable for self and industrial development law. Recent years, like other companies Yuchai Group has encountered global financial crisis, tough industrial situation and severe market competition. However, under the guide of core principle Green Development and all win in harmony, Yuchai Group relied on advantages in human resources, technologies, product and service to achieve in high annual growth speed of above 30%, creating a unique Yuchai Phenomenon in the whole industry. After 9 years high growth in succession, the production and sales volume of Yuchai engines maintain the leading place in the whole industry. In 2009, Yuchai Group achieved sales revenue of 27.197 billion yuan and engines production and sales volume of 674,000 units; from January to May 2010, Yuchai Group achieved sales revenue of 16.8 billion yuan.

                         (China Enterprise News Mei Changfu)

 

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