PLANET makes corporate social responsibility a part of its core business strategy as well as the bedrock upon which its core values and culture are based. We closely monitor economic, environmental and social issues across the world so as to optimize our corporate governance and fulfill our corporate commitments. We proactively engage in environmental protection and social welfare activities, and maintain a healthy and efficient corporate structure. All these commitments have further enhanced the value of our brand. We strongly believe that only enterprises that embrace social accountability for various aspects of society can secure the recognition of all stakeholders and realize sustainable development.
PLANET strongly focuses on meeting the Environmental, Social, and Governance (ESG) criteria to ensure sustainable investment, and proactively integrates the UN’s SDGs with its sustainable development. We will continue to fulfill our corporate social responsibility and strive for globally sustainable economic, social and environmental developments.
Our mission of corporate social responsibility:
Therefore, our corporate commitments are:
PLANET upholds the spirit of corporate social responsibility and fully integrates CSR in all aspect of the way it does business. By the implementation of CSR policies and missions, PLANET makes CSR part of its corporate “DNA” and solidify its corporate culture which is characterized by integrity and commitment to highest quality and environmental protection.
The Corporate Social Responsibility Committee (CSR Committee) is the top decision-making body for CSR issues at PLANET. CSR goals are set by the CSR Committee based on the sustainable development direction of PLANET after considering the key issues of concern to stakeholders. The company takes a strategic, long-term approach to regularly reviewing the accomplishment of goals and performance, so as to make its CSR practices reach the desired breadth and depth, and to satisfy the investors (shareholders), employees, customers, suppliers, communities, regulators, special interest groups and other relevant stakeholders.
The committee was originally formed for the operational requirements of the company. To comprehensively strengthen the CSR policy and its implementation, PLANET, on December 22, 2020, formally incorporated the CSR committee into the board of directors as one of its functional committees, which was comprised of five committee members, including three independent directors.
PLANET issues yearly Corporate Social Responsibility Report* since 2011 to illustrate its practices and achievements on corporate governance, corporate commitment, environmental protection and social participation as well as its goal of sustainable development.