ANTA Sports publishes “Supplier Sustainability Management Handbook” Creating a Mutualism Platform for Sustainable Supply Chain
(Hong Kong SAR, 18 April, 2023) – ANTA Sports Products Limited (“ANTA Sports” or the “Group”, stock code: 2020.HK, and its subsidiaries collectively the “Group”), published the “Supplier Sustainability Management Handbook” (the “Handbook”), which states that suppliers are to establish and maintain a safe, healthy and compliant employment relationship and production environment, and comply with the “Code of Conduct for Suppliers of ANTA Sports”, the “Supplier Sustainability Management Handbook of ANTA Sports” and national and local laws and regulations, in an effort to create a mutualism platform for building an environmentally-friendly, healthy, safe and efficient supply chain.
Supply chain management is a crucial part of the Group’s operations and ANTA Sports is committed to practicing the concept of sustainable development in supply chain management. The Group lists Sustainability Standards for the Supply Chain in the Handbook, which consists of four modules, namely labour rights and interests, health and safety, environmental responsibility, and sustainability management system, providing a basis for suppliers to better implement sustainable development accordingly. Under the sustainability development management system, the Group established clear procurement principles, organizational structure of sustainability management, management scope and process. It also states seven zero-tolerance items as its basis principles.
Complying with the guidance, provisions and code of conduct is a basic condition for the business relationship between suppliers and ANTA Sports. To better manage and maintain the supplier quality, ANTA Sports specifies a review process for the introduction of new suppliers, periodic supplier audit and rating, emergency reporting procedures for suppliers, and a complaint and grievance mechanism, managing the supplier relationship in a more comprehensive way and providing support when required. In 2022, the Group conducted social responsibility audits on over 70 Tier 1 suppliers, over 35 Tier 2 suppliers and over three Tier 3 suppliers, covering environmental and social metrics including labor management, health and safety, labor rights, and green production. Among them, over 50 suppliers received third-party audits on SLCP, BSCI, WCA and other programs.
Lai Shixian, Chairman of the Sustainability Committee and Co-CEO of ANTA Sports said, “ANTA Sports proposed the development of “mutualism” conceptss including “Mutualism with Consumers”, “Mutualism with Employees”, “Mutualism with Partners”, “Mutualism with the Society” and “Mutualism with the Environment”. The ‘Code of Conduct for Suppliers of ANTA Sports’ in the Handbook is one of the cornerstones of the five “mutualism” concepts. It will be an extensive process to promote and fulfil the concept of “mutualism”, entailing the long-term concerted efforts of our suppliers. To achieve this long-term goal, all parties should fulfil the common mission and implement the relevant code of conduct, and ANTA Sports will support its suppliers in working towards the goal of sustainability development, building a better future together.”
ANTA Sports’ “Supplier Sustainability Management Handbook” is now available on the Company’s sustainability website:
– End –
About ANTA Sports
ANTA was established in 1991, while ANTA Sports Products Limited, a widely recognized global sportswear company, was listed on the Main Board of HKEX in 2007 (Stock code: 2020.HK). For many years, ANTA Sports has been principally engaging in the design, R&D, manufacturing, marketing and sales of professional sports products including shoes, apparel and accessories to Chinese consumers. By embracing an all-round brand portfolio including ANTA, FILA, DESCENTE and KOLON SPORT, and by setting up an investor consortium to successfully acquire Amer Sports in 2019, a global sportswear group that has internationally recognized brands including Arc’teryx, Salomon, Wilson, Peak Performance, Atomic, etc. ANTA Sports aims to unlock the potential of both the mass and high-end sportswear markets.
IR website: http://ir.anta.com
WeChat official account: antatiyu_20070710
For further information, please contact:
ANTA Sports Products Limited
Investor Relations Department
Tel: (852) 2116 1660
Fax: (852) 2116 1590
Citigate Dewe Rogerson
Tel: (852) 3103 0118