Hikvision's 2024 ESG Report: A Commitment to Sustainability and Innovation

Hikvision, a leading provider of AI and IoT solutions, has proudly released its 2024 Environmental, Social, and Governance (ESG) report, continuing its tradition of transparency for seven consecutive years. This report introduces the company’s THRIVE sustainability philosophy for the first time, embodying its devotion to creating a better future through innovative solutions guided by the principle of "Tech for Good."

Focus Areas for Sustainable Growth

The 2024 ESG report outlines five core focus areas: Harmony, Reliability, Integrity, Value Chain, and Environment. These areas serve as pillars to guide Hikvision’s efforts in making a long-lasting impact.

1. Technological Innovation

Hikvision recognizes that innovation is at the heart of societal development. The company has implemented advanced traffic management systems in over 300 cities globally, optimizing traffic flow at more than 53,000 intersections. In collaboration with CHN Energy, Hikvision has developed innovative real-time coal quality analysis technology that transcends conventional methods.

2. Cybersecurity and Data Protection

Understanding the rising challenges in the digital sphere, Hikvision prioritizes cybersecurity, earning numerous industry certifications such as ISO 27017 and ISO 27018. In 2024, Hikvision launched an extensive training initiative, offering 26 courses focused on cybersecurity and achieving complete staff participation. Moreover, Hikvision is nurturing the next generation of tech talent through events like the inaugural Hackathon at the ISE 2025 in Barcelona.

3. Response to Climate Change

Hikvision is taking its environmental responsibility seriously. The company's strategy incorporates decarbonization initiatives that aim for carbon neutrality. Key achievements include the verification of the carbon footprint for 103 product models, gaining industry-first certifications from Bureau Veritas for sustainable product processes. Additionally, 16 LED products received the Green Product Mark, a recognition provided by TÜV Rheinland.

4. Social Responsibility Initiatives

Through its STAR Program for Social Good, Hikvision collaborates with over 30 non-governmental organizations (NGOs) to address pressing social issues. This includes enhancing fire prevention measures at the historic Lanxi Bridge and supporting wildlife conservation at Kariega Game Reserve in South Africa. Such initiatives reflect Hikvision’s commitment to protecting both culture and nature.

5. Cultivating Integrity and Reliability

For Hikvision, integrity is paramount. The company emphasizes a robust value chain, ensuring sustainability practices are woven into every aspect of their operations. This commitment is evident across their diverse product lines and supply chain management strategies.

Conclusion: THRIVE for a Better Future

Hikvision’s 2024 ESG report is not merely a documentation of achievements; it is a roadmap for future endeavors towards sustainability. By fostering innovation, ensuring data protection, taking climate action, and committing to social responsibilities, Hikvision is not just fulfilling its corporate duties but is also laying a solid foundation for stable operations and shared stakeholder value. The company continues to stand firm on its mission to THRIVE for a better future, driving meaningful change and growth across every facet of its operations.

With its firm dedication to these principles, Hikvision positions itself as a leader in the integration of technology and sustainability, paving the path for a more responsible and innovative future.