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CREATING VALUE IN THE MARKETPLACE

BRINGING VALUE TO PEOPLE, CUSTOMERS, COMMUNITIES AND THE ENVIRONMENT

Hanon Systems recognizes how a business is managed is a fundamental aspect of corporate responsibility. The company complies with all applicable laws and regulations internationally and locally. Whether it is complying with environmental regulations, international health and safety standards or financial reporting laws, adhering to all aspects related to compliance contribute to the sustainability of the company and its stakeholders.

Marketplace Ethics

Hanon Systems maintains that operating with integrity surrounds doing what is right, and being truthful in words and actions. The company’s ability to build customer trust and succeed in this competitive industry is rooted in operating in this manner across every aspect of the business. The company’s set of ethics policies are available in multiple languages and accessible to internal and external stakeholders. The company strives to maintain a corporate culture based on firm ethical principles and compliance with all applicable laws, rules and obligations. This pledge encompasses many business aspects, but none is more important than maintaining the highest degree of ethical integrity based on mutual respect, honesty and compliance with legal standards at all times.

Learn more about Ethics at Hanon Systems

Ethics policy
Ethics policy

Customers

Automotive manufacturers are the customers of Hanon Systems. As important stakeholders, the company’s success is driven by customer satisfaction and noted as a core value in the corporate direction. Driven by a customer-first mentality, the “voice of the customer” (VOC) is an important factor in the company’s decision-making, particularly in the development of innovative solutions. The company fully supports requests from its customers to disclose information each year on the source of conflict minerals contained within its products, as well as to provide insight into the company’s corporate responsibility efforts.

Suppliers

As a business-to-business organization, Hanon Systems considers its supply base to be valued business partners and a critical component to the company’s long-term success. By entering into this partnership, the company expects its suppliers to commit to a relationship based on responsible and sustainable business practices, and to adopt the same principles, attitudes and policies as Hanon Systems within the supplier’s own organization. The company’s supplier sustainability code of conduct outlines what Hanon Systems expects of its global supply base in the areas of business integrity; labor practices; health and safety; and environmental management.

As a supplier partner to Hanon Systems, businesses can access the supplier portal that is a secured online platform to receive important news and information, and access data scorecards and applications

Learn more about the Supplier Partners to Hanon Systems

Conflict Mineral Reporting

As part of the company’s commitment to building socially responsible and sustainable business practices, Hanon Systems supports international efforts to address this social issue impacting human rights by helping to reduce the trade of such conflict resources that have been linked to financing the armed conflict in the Democratic Republic of Congo (DRC) and neighboring states. Doing so requires an understanding of the materials procured and the composition of these end products. The company commits to providing its customers with the annual disclosure surrounding “conflict minerals,” and encourages supplier partners to act on the same requirements by propagating this due diligence throughout the supply chain in an effort to identify the smelter-level used to process such minerals.

Conflict Minerals Policy
Conflict Minerals FAQ
Conflict Minerals
Policy
Conflict Minerals
FAQ

Quality

At Hanon Systems, there is a shared commitment to the efficient design and development, and repeatable high-quality production of parts to satisfy the customer. The company is proactively taking action to prepare its sites for the migration from existing international quality standard ISO/TS 16949 to the new International Automotive Task Force (IATF) 16949 standard. This new standard includes specific requirements related to corporate responsibility (section 5.1.1.1) to address increasing market and governmental expectations for improved integrity in social and environmental matters, including ethical integrity.

Responsible Products

With a focus set to help build a better world for future generations, research and development teams at Hanon Systems are continuing to expand the company’s scope of product innovation to bolster e-mobility and mechatronic solutions. These efforts aim to lead the technology of tomorrow and deliver even greater value to automakers in support of electric, hybrid electric and fuel cell architectures.

Learn about some of the eco-friendly products at Hanon Systems