Corporate Citzenship

CPI strongly believes in its duty to be a responsible corporate citizen. The company expects its management and employees to live up to the highest standards of ethical conduct and to make a meaningful contribution to the health and well-being of the communities in which it operates. CPI encourages social responsibility in a number of different ways:

Giving Back:

CPI supports numerous non-profit and charitable organizations through a combination of corporate donations, employee donations, fundraising drives, blood drives and other philanthropic efforts. These organizations include:

Protecting the Environment:

CPI encourages the preservation of natural resources and the protection of the environment through a variety of programs and initiatives. The company and its employees continually strive to minimize the environmental impact of their activities on a daily basis. These environmental sustainability efforts include:
  • Ongoing initiatives to:
    • Minimize requirements for natural resources in manufacturing processes,
    • Minimize peak power usage,
    • Reduce the storage and usage of chemicals,
    • Promote recycling of wastes generated by manufacturing and other processes,
    • Reduce the amount of hazardous wastes and emissions generated by manufacturing processes, and
    • Improve waste water treatment plant processes and eliminate water from disposal
    • Support and subsidies for employees using public transit and other commute alternatives, including:
      • Eco Pass (Santa Clara Valley Transit Authority): public transit subsidy
      • Commuter Check: public transit subsidy
      • Vanpooling and carpooling
      • Bike lockers
      • Ride Your Bike to Work Day
    • CPI Econco Division has been a California Department of Resources Recycling and Recovery (CalRecycle) Waste Reduction Awards Program (WRAP) winner every year since 2003

Promoting an Ethical Supply Chain:

CPI believes in the ethical treatment of all human beings, and is strongly opposed to human trafficking, forced servitude, child labor and all other types of slavery. To see CPI’s disclosure on this topic under the California Transparency in Supply Chains Act, click here.

Protecting Our Employees:

CPI believes that its employees are its greatest resource. The company has a number of programs aimed at improving employee wellness. CPI also has robust health and safety programs and devotes significant resources to safety training at each of its major locations.

Assessing Conflict Minerals:

CPI believes in a humane and ethical supply chain. In August 2012, the U.S. Securities and Exchange Commission (SEC) adopted a rule requiring companies to publicly disclose their use of certain “conflict minerals” originating in the Democratic Republic of Congo (DRC) and its neighboring countries. According to the SEC, this disclosure is required due to “concerns that the exploitation and trade of conflict minerals by armed groups is helping to finance conflict in the DRC region and is contributing to an emergency humanitarian crisis.” Under the SEC rule, companies must disclose their use of tantalum, tin, gold or tungsten and identify if the minerals originated in the DRC region if these minerals are necessary to the functionality or production of a product they manufacture.

CPI fully supports the eradication of violence and exploitation from the supply chain and is committed to taking all steps necessary to comply with the rules related to the reporting of conflict minerals. CPI believes in the responsible sourcing of minerals and will make its best effort to promote and ensure a conflict-free supply chain.

Some of CPI’s products may contain tantalum, tin, tungsten or gold. Because the company does not purchase these minerals directly from mines or smelters, CPI has commenced a comprehensive due diligence process to determine the source of the minerals used in its products, including conducting a reasonable country of origin inquiry with its suppliers, using a coordinated, risk-based approach. The supply chain for these minerals is complex and broad, including several hundred suppliers from numerous countries, and tracing the source of these minerals is a lengthy, challenging process. To learn more about CPI’s conflict minerals process, please see the Conflict Minerals Report in the company’s most recent Form SD filing with the Securities and Exchange Commission.

Diversity:

CPI believes that a diverse community makes for a more interesting and rewarding environment, and our experience continues to confirm our belief that it is a good business practice to have personnel policies and practices with a strong commitment to providing an equal opportunity workplace. The company values the contributions of a diverse workforce and is proud to be an Equal Opportunity Employer.

In addition, CPI supports diversity in its supply chain. CPI is a proud customer and supporter of small businesses and businesses owned by military veterans, minorities and women.