Yutong Releases its Social Responsibility Report
2009-04-09 Source：english.chinabuses.com
Summarize：Apr. 7, 2009: Zhengzhou Yutong Bus Co., Ltd. releases its 2008 Social Responsibility Report. As the first of its kind in China's bus & coach industry, the report elaborates on the meaning of social r ...
Apr. 7, 2009: Zhengzhou Yutong Bus Co., Ltd. releases its 2008 Social Responsibility Report. As the first of its kind in China's bus & coach industry, the report elaborates on the meaning of social responsibility of a "Corporate Citizen" and what actions a company should take to shoulder such responsibilities. Moreover, the report gives a full review of Yutong's performance in regard to the bus builder's social involvement.
Faced with mounting difficulties, Yutong was leading China's bus & coach manufacturing industry towards more social involvement. To all enterprises, 2008 could be called a year of change. While striving for becoming one of the mainstream bus & coach providers in the international market, Yutong did not slacken its efforts to carry out its social responsibilities as an Excellent Corporate Citizen.
To maintain a sustainable growth and gain customer's trust, the bus builder has long been taking social responsibilities and involved in related social activities.
Quality Products, Quality Service
As one of the bellwethers of China's bus & coach industry, Yutong has always put its customers first since its establishment. High safety standards, long durability, and high fuel economy are features of Yutong buses highly praised by both insiders and clients.
In terms of post-market service, the bus builder has set up over 460 service stations across China. Each year, the company organizes regular technical training and on-spot instructions. While doing business transactions with its customers, Yutong not only sells its products, but also provides solutions for continued profitability.
Environmental Protection High on its Development Agenda
As a role model enterprise, Yutong has always attached great importance to energy saving and environmental protection so as to blaze a new industrial development path. By upgrading its boilers and gas project and adopting energy-efficient lamps, the company has effectively cut pollutants and improved productivity. In 2008, its energy consumption per RMB 10,000 revenue was down by 6.53％ and the energy consumption of its bus per unit down by 6.07% year on year respectively. Moreover, Yutong Industrial Park is now recognized as a Demonstration Park for Industrial Tourism in China.
Reconstruction Work after Earthquake
After the devastating 5.12 earthquake struck Wenchuan County in Sichuan Province, Yutong launched its emergency plan immediately and sent its donations worth RMB 1 million to the disaster-hit areas on the next day. From May to August, the bus builder sent several Yutong Bus Teams to Sichuan and Gansu and organized its employees to donate in various forms to the people affected by the earthquake.
In recent years, Yutong has realized that it should also take the responsibilities to help local small-and-medium-sized enterprises (SME) grow and the disadvantaged have more opportunities. Each year, it opens its door to the public and provides financial supports to poor students. In 2008, the company received over 8,600 visitors and helped university graduates better prepared for the job market. In addition, it provided financial supports to over 6,000 senior citizens, over 200 students and 1,200 people with low-income.
Employees, Yutong's Driving Force
Since its establishment, Yutong has attached great importance to the development of its employees. By bettering its employees' salary management and career development plan, the company has constantly involved in improving its employees' living environment and career upward mobility.
In 2008, the company provided financial supports to over 560 employees and expanded its green area to 19,760 square meters. Moreover, it spent RMB 2.50 million on employee training and provided 7,600 courses to 35,750 employees.
Conclusion:
Corporate Social Responsibility is a new concept in China. To date, only a handful of state-owned enterprises (SOE) have released their Social Responsibility Report. The move made by Yutong heralds a new profile the bus builder is projecting to the public and also represents the company's courage to receive the supervision from customers, investors, policy-makers and employees.
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