8 Guiding Principles
Informed by the ISO 26000’s “Principles on Social Responsibility”, Hanon Systems eight guiding principles give the organization a strong foundation on which to further develop and build its corporate responsibility

Guideline 1 Communication, Accountability, Transparency & Speed
At Hanon Systems, our operating principles CATS – Communication, Accountability, Transparency and Speed – are the main drivers that underpin our values. We recognize the importance of assessing, monitoring and being answerable for the impacts our decisions and actions have on the environment, society, the economy and our stakeholders. Aligned with this is an openness to disclose details of our operations, policies and progress in a transparent, comprehensive and timely manner. We also encourage dialogue with our stakeholders, realizing their collective voice provides invaluable feedback key to our corporate responsibility journey.

Guideline 2 Continuous Improvement
At Hanon Systems, we recognize being a socially responsible company is by no means absolute. There is no beginning or end; rather, a continuous process of reflection and improvement. We strive to better ourselves and will never become complacent in our efforts. Through benchmarking best practices and innovation in the corporate responsibility field, we are confident Hanon Systems will continue to improve and bring positive impact.

Guideline 3 Ethical Behavior
At Hanon Systems, we foster an environment built on honesty, equality and respect. We realize everything we do and every success we achieve in business must come from ethical decisions and ethical activities. This is made possible by educating our employees on the company’s values, ethics policy and code of conduct to ensure ethical behavior is embedded throughout the organization. Through open and transparent dialogue with our stakeholders, we also aim to continuously improve our approach and hope to inspire others, external to the company, to do the same.

Guideline 4 Compliance
Although traditionally a topic found in our financial reports, we recognize the way we run the business is a fundamental aspect of our corporate responsibility. Whether it is complying with environmental regulations, international health and safety standards or financial reporting laws, all contribute to the sustainability of the company and its stakeholders. Hanon Systems complies with all applicable laws and regulations internationally and locally

Guideline 5 Respect for Stakeholder Interests
Hanon Systems is a global company with a global reach that impacts a multitude of stakeholders. Through open dialogue and transparency with our stakeholders, we aim to build and maintain a relationship of trust, addressing their concerns and interests. Stakeholder engagement provides the platform needed to drive these relationships forward

Guideline 6 Respect for International Norms of Behavior
At Hanon Systems, we respect international norms of behavior. In situations where regional or local laws fail to satisfy, or are indeed in conflict with international norms, Hanon Systems will review its relationships and initiatives in that geographic area. We also are proactive in seeking ways we can influence stakeholders where such conflicts arise.

Guideline 7 Focus on Relevant Issues
Corporate responsibility, as a concept, has a very large scope. A company that attempts to satisfy every aspect within this scope is a company that has not stood back and assessed what is material and what is not. At Hanon Systems, through stakeholder dialogue and self-assessment, we support the principle that an organization should focus its efforts on areas relevant to the company.

Guideline 8 Respect for Human Rights
At Hanon Systems, we support and promote the protection of internationally recognized human rights and have audits and policies in place to ensure these rights are not breached. We also recognize the universality of human rights and that, irrespective of location, culture or situation, they are globally applicable.
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