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Hikvision's 2024 ESG Report: Embracing the THRIVE Philosophy for Sustainability

In a world increasingly focused on sustainability, Hikvision has taken a significant step forward by publishing its 2024 Environmental, Social, and Governance (ESG) report. Marking the seventh consecutive year of such disclosures, this report emphasizes the company's commitment to transparency and responsibility in its operations. Notably, Hikvision has introduced its THRIVE philosophy, designed to guide its sustainability efforts and drive impactful changes in the industry. This paper outlines various key areas of focus, including technological innovation, data protection, and climate change responses.

Promoting Innovation for Social Progress

Hikvision has long been at the forefront of innovative practices aimed at addressing societal challenges. Its contributions to urban governance have been substantial, providing traffic management solutions across more than 300 cities and optimizing traffic flow at over 53,000 intersections. In the realm of industrial digitization, the company has partnered with CHN Energy to develop rapid, large-scale, non-destructive analysis technology for coal quality, pushing beyond traditional methodologies.

The STAR Program for Social Good exemplifies Hikvision's commitment to leveraging technology for environmental and cultural preservation. Throughout 2024, the company forged partnerships with over 30 NGOs, contributing to conservation efforts such as enhancing fire prevention measures at the historic Lanxi wooden bridge, built in 1574, and modernizing observation systems in South Africa's Kariega Game Reserve.

Strengthening Cybersecurity and Data Protection

Hikvision is unwavering in its commitment to data security and privacy, achieving prestigious certifications including ISO 27017, ISO 27018, DCMM, and IEC 62443-4-1. The company places significant emphasis on skills development and training, launching 26 cybersecurity courses in 2024 and conducting 171 training sessions, boasting an impressive employee engagement rate of 100%. Furthermore, Hikvision nurtures the next generation of talent by sponsoring hackathons, such as the inaugural event at ISE 2025 in Barcelona, fostering innovation and collaboration.

Combating Climate Change with Low-Carbon Strategies

Addressing climate change is integral to Hikvision's business practices. The company has developed a corporate master plan centered on achieving carbon neutrality through low-emission products, intelligent manufacturing, green operations, and digital transformation. Noteworthy milestones include verifying the carbon footprint of 103 models and receiving the world's first certification for production process carbon footprint from Bureau Veritas. Additionally, 16 of Hikvision's LED displays achieved the Green Product Mark certification from TÜV Rheinland, marking a significant industry first.

Hikvision's dedication to sustainability lays a strong foundation for stable operations and shared value. Through ongoing initiatives and the proactive THRIVE philosophy, the company is poised to prosper in crafting a better future. This report not only reiterates Hikvision's commitment to responsible governance and innovation but also sets a benchmark for other companies navigating the complex landscape of ESG commitments.