HANGZHOU, China, July 5, 2023/PRNewswire/ — Hikvision has released its 2022 Environmental, Social and Governance (ESG) Report, showing the company’s commitment to responsible business practices and its continuous efforts to create value social. The report highlights the significant progress made by Hikvision in various areas of ESG, including integrity and compliance, low-carbon development, and fostering harmonious relationships with employees, partners, and communities.
“At Hikvision, we are committed to upholding social responsibility, ethics and environmental protection in our operations. We continually assess and adjust our operations to ensure we are doing the right thing and doing things right. Our dedicated engineers strive to develop technologies that improve public safety, traffic management and operational efficiency. These efforts underscore our strong commitment to ESG missions,” said Huang Fanghong, Chief Compliance Officer and Senior Vice President of Hikvision.
Technology for a better world
Recognizing the transformative potential of technology to create a better world, Hikvision leverages its advanced AIoT capabilities to drive positive change and make a significant impact across various industries, significantly improving people’s lives.
Hikvision’s 2022 ESG report outlines key categories of social value created by the company. Through innovative solutions and products, Hikvision supports vulnerable groups and drives the digital transformation of urban and rural governance, transport management and community services. The company has also expanded its technological capabilities to foster the harmonious coexistence of humans and nature.
Social responsibility and sustainable development are now deeply embedded in Hikvision’s business practices. Through collaborations with like-minded individuals and industry partners, Hikvision strives to unleash the full potential of technology to change the world for the better.
Low carbon operations and green development
Hikvision has integrated low-carbon and green development into its ESG management framework. In 2022, the company completed its Carbon Neutrality Plan and received the ISO14064 certification for Accounting and Verification of Greenhouse Gases. This esteemed certification focuses on quantifying and verifying greenhouse gas emissions, providing organizations with a robust framework to develop greenhouse gas inventories and policymakers to create effective climate change initiatives.
The company continually improves its environmental management system, promotes green manufacturing and operations, and implements measures to conserve energy and reduce emissions. Last year, Hikvision purchased 32,852 MWh of green electricity and 4,508 MWh of power generated through photovoltaic units.
By investing significantly in the development of innovative technologies and products, Hikvision empowers and helps everyone, from customers to partners, to work together towards a greener future. Meanwhile, the company remains committed to reducing its footprint at every stage of product development and business operations, from materials and design choices to green manufacturing and low-carbon office park practices.
Further improve the compliance ecosystem
Hikvision continues to improve its compliance system to cover a wide range of issues and activities. The company has invited experts in politics and international relations, corporate governance, cybersecurity, data protection and human rights governance to provide the management team with professional knowledge and advice. Additionally, the company strives to increase employee compliance awareness and encourages adherence to its compliance practices.
Since 2022, Hikvision has organized global ESG conferences that are designed to discuss key ESG issues and priorities, providing a forum for stakeholders to gain deeper insight into the international landscape in which the company operates and the global responsibilities Hikvision undertakes. to meet. These conferences have been held in various countries and regions, serving as a platform for employees and partners to work together for social welfare.
To learn more, you can explore the 2022 Hikvision ESG Report.
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