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Hikvision's 2024 ESG Report: Paving the Way with THRIVE Philosophy

On May 12, 2025, Hikvision, a leader in innovative technology, released its 2024 Environmental, Social, and Governance (ESG) report, marking the seventh consecutive year of dedication to transparency in its ESG commitments and practices. The spotlight of this year's report is the introduction of the THRIVE philosophy, aimed at creating a better future anchored in sustainable practices and values.

Emphasizing THRIVE Philosophy

Hikvision is steadfast in its vision of "Technology for Good." This philosophy is illustrated through five core areas: harmony, reliability, integrity, value chain, and environmental consciousness. By emphasizing these pillars, the company aims to align itself with global sustainable development goals, ensuring that their innovations resonate with the needs of society and the planet.

Key Focus Areas

As part of a comprehensive evaluation of global policies, ESG benchmarking criteria, and stakeholder perspectives, Hikvision has highlighted three fundamental themes driving its efforts: Technological Innovation, Data Security and Cyber Protection, and Climate Change Mitigation. Let's explore each of these in detail.

1. Social Development through Innovation

Hikvision has long sought innovative solutions to meet societal challenges. In urban management, the company has implemented traffic management systems in over 300 cities, significantly optimizing traffic flows at more than 53,000 intersections. Collaborating with CHN Energy, Hikvision has developed a real-time, dual-view, non-destructive technology for coal quality analysis that exceeds traditional methods. Furthermore, through its STAR Program for Social Good, the company employs its technologies for wildlife protection, environmental care, and cultural preservation. As of 2024, Hikvision partnered with 30 NGOs, underscoring its commitment to community and ecological stewardship. Notable initiatives include enhancing fire prevention capabilities at the historic Lanxi wooden bridge (built in 1574) and upgrading monitoring systems in the Kariega Reserve in South Africa.

2. Enhancing Cybersecurity and Data Protection

Hikvision continuously prioritizes cybersecurity and data protection, a commitment recognized by prestigious certification organizations. The company has earned certifications including ISO 27017, ISO 27018, DCMM, and IEC 62443-4-1. In 2024 alone, Hikvision launched 26 cybersecurity courses and conducted 171 training sessions, achieving an impressive 100% employee engagement rate. Additionally, the company supports emerging specialists by sponsoring its inaugural Hackathon at ISE 2025 in Barcelona.

3. Combating Climate Change with Low-Emission Strategies

Hikvision incorporates decarbonization strategies into its policies, focusing on low-emission products, intelligent manufacturing, environmentally friendly initiatives, and digital transformation. Significant milestones include the verification of Hikvision’s carbon footprint for 103 models and being the first in the world to receive a carbon footprint certification for product processes from Bureau Veritas. Notably, 16 LED displays from Hikvision have received the Green Product Mark from TÜV Rheinland, highlighting their commitment to sustainable manufacturing.

Commitment to Sustainability

Hikvision remains dedicated to sustainable practices, laying a solid foundation for stable operations and shared values. With ongoing initiatives rooted in the THRIVE philosophy, the company is poised to contribute positively to society and the environment while achieving its business objectives.

As technological innovation continues to evolve, Hikvision’s commitment to ESG principles exemplifies how businesses can lead responsibly in the digital age, paving the way for a more sustainable and equitable future.