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IPC-1401 Listed Amongst Top 10 Chinese Corporate Social Responsibility Standards
January 5, 2018 | IPCEstimated reading time: 1 minute
IPC-1401, Supply Chain Social Responsibility Management System Guidance was listed as a top-10 standard in 2017, for Chinese Corporate Social Responsibility (CSR). CHINA WTO TRIBUTE magazine published the Chinese CSR 2017 listing, which focuses on influential events in the Chinese economy and worldwide corporate coverage.
IPC-1401 was released at IPC APEX EXPO 2017 in the Chinese language as well as an English translated version. More than 160 volunteers from 80 enterprises and 10 trade organizations devoted their time, effort and expertise to deliver the standard.
IPC-1401 was originated by Chinese IPC members, to meet a specific need for second and third tier suppliers to meet the increasingly strict and complicated EU CSR standards. Small to medium suppliers as well as large PRC OEMs, like Huawei, needed to be able to demonstrate compliance to EU CSR standards. With IPC-1401, and its related training, even small companies can now meet these requirements.
IPC-1401 helps companies achieve intended outcomes of a supply chain social responsibility management system, creating value for the company, its customers, its suppliers and other stakeholders. Users of this standard can expect the following outcomes: enhancement of working conditions, environmental performance and ethics level of the supply chain; fulfillment of compliance obligations and reduced risks and costs of the supply chain; and achievement of social responsibility objectives, including improvement of customer satisfaction and competitive advantages of the enterprise and its supply chain.
The CHINA WTO TRIBUTE was sponsored by the Ministry of Commerce of China, which publishes the top internal and overseas events each year which influence the economic field.
To build on the progress made in CSR, IPC has developed a Corporate Social Responsibility seminar that will be held in Beijing, in May 2018, to bring the new international requirements, best practices and trends in CSR to Chinese companies. For more details on this or other events, click here.
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