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Dahua Technology Unveils 2024 ESG Report

Dahua Technology, renowned as a global leader in video-centric AIoT solutions and services, has recently published its comprehensive 2024 Environmental, Social, and Governance (ESG) report. This document marks a significant milestone as it represents the first year following a transformative journey spanning three decades of growth. The 2024 report underscores Dahua's unwavering commitment to leveraging technology for societal benefit, promoting green initiatives, enhancing product responsibility, engaging with communities, and ensuring robust corporate governance.

Commitment to Technology for Good

Dahua's innovative AIoT technology aims to empower industries and communities alike. The company is at the forefront of digital transformation, focusing on creating value across various sectors. Some key initiatives highlighted in the report include:

• - Enhanced Digitalization: Innovations are improving operational efficiency and safety in photovoltaic and petrochemical plants through state-of-the-art AIoT solutions.

• - Biodiversity Conservation: Dahua has developed over 1,000 species identification algorithms within intelligent monitoring systems that cover more than 10,000 kilometers of waterways nationally, safeguarding delicate ecosystems.

• - Urban Resilience: By addressing urban challenges such as streetlight glare and municipal infrastructure management, Dahua's AIoT applications are enhancing public safety and optimizing resource distribution on a global scale.

• - Social Welfare Initiatives: Intelligent platforms are being deployed in public housing and digital education systems to bridge gaps in healthcare, education, and social services.

Advancing Green Transformation

Sustainability is deeply ingrained in Dahua's operations. The report highlights several efforts aimed at accelerating carbon reduction and improving energy efficiency, including:

• - Eco-Friendly Product Development: CO2 footprint assessments for over 30 products have led to optimized packaging, resulting in a reduction of plastic waste by 20 tons annually.

• - Energy-Efficient Solutions: Dahua is innovating with solar-powered camera systems, which save about 180,000 kWh per year per 10,000 units produced. The introduction of 22kW and 7kW charging solutions for electric vehicles aligns with its goals for energy conservation.

• - Renewable Energy Utilization: A rooftop photovoltaic plant is expected to generate over 8 million kWh of electricity by the end of 2024, showcasing Dahua’s commitment to solar energy.

• - Smart Warehousing: The company has increased the area of its illuminated warehouse space by 5,000 square meters, achieving a total efficiency improvement of 34% and annual energy savings of approximately 38,500 kWh.

Focus on Product Responsibility

Dahua adheres to the highest standards for product safety, quality, and compliance. In 2024, the company received ISO/IEC certifications for information security and privacy management. They have achieved an impressive 98.39% customer satisfaction rate, with no product recalls due to safety or quality issues, demonstrating their commitment to maintaining stringent quality control practices.

Community Engagement Initiatives

Promoting employee well-being and contributing positively to society remain at the forefront of Dahua's objectives. The company provides an inclusive work environment and actively supports various social initiatives:

• - Employee Development: On average, employees receive 24.7 hours of training annually, with 100% union coverage to back the workforce.

• - Global Social Initiatives: Dahua supports educational projects in Indonesia, disaster relief in Kazakhstan, and efforts towards cultural preservation through digital solutions.

• - Volunteer Programs: The company's commitment to corporate social responsibility saw employees contributing over 2,000 service hours to charitable projects.

Commitment to Corporate Governance

Dahua continuously strives to enhance its corporate governance framework to ensure compliance, risk management, and ethical business practices:

• - The company achieved ISO 37301 certification for compliance management, reinforcing its commitment to upholding regulatory standards.

• - Ensuring a compliant culture, 100% of employees received training in anti-corruption practices.

Looking Ahead

Dahua Technology remains focused on integrating ESG principles into its long-term strategies. By harnessing technological innovations, the company aims to foster ecological responsibility, ensure product safety, and amplify its social impact, ultimately driving towards a smarter, greener, and more secure world. For further insights, readers can access the full Dahua ESG Report 2024, showcasing a company dedicated to sustainable progress and positive change in today's rapidly evolving landscape.

For more details, visit the official Dahua website.