FairMagnet is a platform for Chinese magnet producers who want to differentiate themselves positively in the market through their efforts to increase corporate environmental protection and occupational safety.

Due to historical development of the initiative, the first suppliers that have been certified by the predecessor of FairMagnet participated between 2014 and 2016 at a project supported by the German Investment Corporation and Brugger GmbH Magnetsysteme, a mid-sized German company.

The four nucleus companies were visited, audits and EHS training conducted and improvement plans were created, implemented and reviewed by renewed audits (re-assessments). By now, two additional manufacturers have approached FairMagnet and audited by the EHS Academy.

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