ZTE's 2024 Sustainability Report: Pioneering Digital Intelligence for a Sustainable Future

Overview of ZTE's 2024 Sustainability Report


ZTE Corporation has released its 2024 Sustainability Report, marking the 17th consecutive year of showcasing its progress and sustainability commitments to the public. As a global leader in integrated information and communication technology solutions, ZTE is taking strides to leverage digital intelligence in pursuit of sustainable development.

Embracing a Sustainable Future With Digital Intelligence


The essence of the 2024 report revolves around ZTE's strong Environmental, Social, and Governance (ESG) strategies. As the world undergoes rapid digitalization, ZTE emphasizes its role as a catalyst for the digital economy while pushing forward ecological agendas. The company focuses on two key areas: advancing green operations based on scientifically-backed carbon goals and driving the digital transformation across various sectors.

Xu Ziyang, ZTE's CEO, stated, "The tech revolution influenced by AI, especially with the boom of generative models, has contributed significantly to the global transition towards digital and intelligent operations. In this vital year full of challenges and opportunities, ZTE continues to live up to its ambition to address contemporary needs."

Investment in Research and Development


ZTE is committed to reinforcing its core competencies through increased investment in research and development (R&D), which accounted for 19.81% of its total revenue in 2024. The company actively filed 93,000 global patent applications, with over 48,000 patents granted. A notable focus has been on chip technology, with 5,500 patent requests made, out of which over 2,000 patents have been awarded. Additionally, ZTE has submitted over 5,000 AI-related patent applications, demonstrating its innovative prowess.

Addressing Climate Challenges Through Green Strategies


ZTE is determined to tackle climate change by continuously innovating and deepening its green development strategy. This aligns with the company’s commitment to developing digital intelligence and sustainability. In 2024, ZTE received official approval from the Science-Based Targets Initiative (SBTi) for its short-term goal of adhering to a 1.5°C pathway, along with a long-term net-zero goal. To further this mission, ZTE released the 'ZTE Net-Zero Strategy White Paper'.

The company's "Green Digital Path" initiative encompasses four dimensions: fostering green business practices, developing a green supply chain, establishing green digital infrastructure, and promoting green empowerment. ZTE's commitment to climate action has earned it a place on the prestigious CDP A-list for two consecutive years, recognizing it as a leader in climate initiatives.

Thanks to these persistent efforts, ZTE recorded a remarkable improvement in energy efficiency by 20% compared to its 2021 baseline, alongside a 13.4% reduction in Scope 1 and 2 emissions. These achievements included a reduction of 8.39% in emissions intensity for telecom products and a 5.02% decrease in absolute emissions across terminal products.

Green Supply Chain and Innovations


In 2024, ZTE implemented green supply chain requirements across its supplier management systems, incorporating aspects such as contracting, site audits, and performance assessments. Notably, ZTE conducted on-site CSR audits at 261 production suppliers, representing 86.9% of its top suppliers based on procurement amounts. Currently, ZTE holds over 800 patents related to green innovations within digital infrastructure.

Additionally, ZTE has undertaken carbon footprint assessments for 154 product categories, delivering more than 10 billion kWh in electricity savings for operators through its end-to-end green solutions annually. The company also actively collaborates with over 2,000 industrial partners to implement 5G-powered innovative practices across 18 sectors, aiming for a balance between growth and emission reduction.

Fostering Inclusion and a Human-Centric Approach


ZTE prioritizes sustainable development by nurturing technological leadership and commitment to corporate social responsibility (CSR). It aims to bridge the digital divide and expedite global digital transformation through innovative solutions. For instance, ZTE and Orange launched the project "Enhance Rural Area," facilitating communication infrastructure in rural Liberia, benefiting over 580,000 individuals.

In Henan, ZTE supported a drone-based blood delivery system to address urban medical logistics challenges effectively. During Typhoon Yagi, the company ensured uninterrupted emergency communications using satellite terminals.

In alignment with its human-centric philosophy, ZTE managed to cover 100% employee training costs in 2024, while 30 country offices obtained ISO 45001 certification for health and safety management systems. The company engaged in 310 public welfare activities, including rural renewal and medical support, aiding over a million individuals in need through the collective efforts of 15,000 employee volunteers.

Conclusion


ZTE's dedication to innovation-driven sustainable development encompasses every aspect of its operations. By effectively utilizing digital and intelligent technologies, the company aims to harmonize its growth with societal and environmental progress, securing business continuity in a changing world. With its continual commitment to sustainability, ZTE aspires to leverage technological advancements and international collaboration to further the United Nations’ Sustainable Development Goals, striving towards a greener, more inclusive, and resilient future.

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