Primax sustainability strategies and Blueprint

As a top solution provider for information, electronic, and consumer products, integrity As a top solution provider for information, electronic, and consumer products, integrity and pragmatism are our corporate culture and core values. With these values, our corporate mission includes excellent quality, innovation and research and development (R&D), smart manufacturing, and steady growth. Therefore, as our name PRIMAX indicates, we aim to maximize our influence in the three aspects of environmental protection, responsibility, and smart application, while stimulating our employees’ pride in Primax through ESG actions on the basis of the core of collaboration with diverse parties.

In 2022 , in the spirit of P.R.I.MAX, we will first formulate an ESG strategy blueprint of Primax to correspond to seven United Nations Sustainable Development Goals (SDGs) and plan to carry out corresponding action plans under this blueprint, while setting performance indicators for each responsible unit based on the blueprint , to allow ESG to be part the Company’s operations, there by achieving sustainable development. Setting 2022 as the base year to 2030 , we have divided our sustainability strategy into three main dimensions and eight strategic perspectives. Under these eight facets, we have formulated 29 specific sub-goals, with each goal clearly defining its scope to ensure accurate evaluation of implementation effectiveness.

Primax Sustainable Policy

ENVIRONMENT

Responsible minerals policy

Since 2012, Primax has strictly complied with the "Conflict Mineral Law" and refrained from using and purchasing conflict minerals (such as: tantalum, tin, gold, and tungsten) that originate from Democratic Republic of the Congo, while at the same time demanded all suppliers to make commitment to using responsible minerals and ensure that all minerals (such as: tantalum, tin, gold, and tungsten) used in production will not finance armed conflicts. This policy forms an essential part of our supplier management and product design, and we require suppliers to disclose information of their smelters and make announcements over GP-Portal® for any conflict metal discovered in their supply.

Green product policy

It is mandatory for suppliers to guarantee that all products sold to the Group are free of hazardous substances prohibited by local regulations, whether in raw materials, dyes, solvents, consumables, packaging, or production process. Furthermore, suppliers are also demanded to comply with Primax's specific requirements and terms of QW-5Q002 - Green Product Chemicals Specification for all substances contained in raw materials, dyes, solvents, consumables, packaging, and production process.

SOCAIL 

Human Rights Policy

In addition to treating every member of the Primax Group equally, we have formulated a human rights policy, including non-discrimination, no child labor, elimination of forced labor, and respect for employees’ freedom of association with reference to the RBA Code of Conduct, the Universal Declaration of Human Rights, the International Labor Organization Declaration on Fundamental Principles and Rights at Work, and other international conventions.

Labor policy

We promise to build an organizational culture of diversity, equality, inclusion, and a sense of belonging through the two main pillars of talent cultivation and healthy and safe workplace. In terms of talent cultivation, we achieve the goal of diversified development and inclusive growth through a talent declaration, leadership training, and a talent development mechanism. As for the health and safety workplace, we continuously optimize employee experience, increase health awareness and hold activities, and provide a family-friendly mechanism to provide an equal workplace where employees feel a sense of belonging.

Supply chain policy

Primax’s requirements for suppliers are not limited to performance and quality. Before collaboration, we require all new suppliers to sign the Integrity Statement and the Supplier Statement. They must cooperate in signing and submitting the environmental statement document reviewed by our company， including the responsible minerals statement, the restricted substances statement, company ,the RBA Code of Conduct, to indicate that raw materials and finished goods they purchased have been in compliance with relevant initiatives, environmental laws and regulations, company policies and RBA Code of Conduct . In addition, to make them aware of our requirements for social and environmental responsibility and follow the code of business ethics, it is mandatory for suppliers to make commitments to comply with intellectual properties, confidentiality, order placement, source of materials and relevant standards.

GOVERNANCE 

Tax policy

Primax Group has established its own tax policy to minimize taxation risk, optimize after-tax business performance and protect shareholders’ interest, which in turn ensures compliance with tax laws and fulfillment of corporate social responsibilities.

Intellectual Property Policy

In order to align with advanced technology tendency and protect technical achievement, we continuously engross sufficient resources in R&D and analysis for the variation of marketing and technology in relation to our products. We also formulate intellectual property policy which integrates the operation goal and R&D resources so as to reinforce the advantage in competition.

Certification and Verification

List of Primax’s Management Systems, please check the date to download the documents.

Documents Download

Environment

Social 

Governance