Hikvision's 2024 ESG Report: A Commitment to a Sustainable Future
Hikvision's 2024 ESG Report: A Commitment to a Sustainable Future
On April 27, 2025, Hikvision, a leader in video surveillance technology, released its 2024 Environmental, Social, and Governance (ESG) Report, marking the seventh consecutive year of sharing its ESG commitments. This year's report introduces the THRIVE sustainability philosophy, which integrates the concept of "Tech for Good" into its framework, focusing on five essential pillars: Harmony, Reliability, Integrity, Value Chain, and Environment.
Understanding the THRIVE Philosophy
The THRIVE philosophy embodies Hikvision's dedication to sustainable development and responsible business practices. By emphasizing Harmony, the company aims for social equity and environmental balance. Reliability highlights the importance of trust and security in technology use, while Integrity centers around ethical conduct in all operations. The Value Chain component ensures that all stakeholders, from suppliers to consumers, participate in sustainable practices. Lastly, the Environment pillar emphasizes proactive measures against climate change and ecological degradation.
Key Focus Areas Identified
Through a meticulous assessment of global policies, stakeholder input, and ESG rating criteria, three significant focus areas emerged from the report: Technological Innovation, Cybersecurity and Data Protection, and Response to Climate Change. These areas encapsulate the challenges and opportunities that Hikvision aims to tackle to enhance its social responsibilities and community impact.
Technological Innovation Driving Change
Hikvision has long been at the forefront of exploring innovative solutions that address social issues. Notably, the company has made substantial strides in urban governance by providing advanced traffic management solutions across more than 300 cities. They successfully optimized traffic flow at over 53,000 intersections, reducing congestion while improving public safety.
In the realm of industrial digitalization, a partnership with CHN Energy has led to the development of a cutting-edge bi-spectrum rapid coal quality analysis technology. This innovation overcomes the limitations of previous methods, paving the way for more efficient and safer industrial operations.
Moreover, through its STAR Program for Social Good, Hikvision leverages its technological prowess to support various causes, including wildlife preservation and cultural heritage. Throughout 2024, Hikvision collaborated with over 30 NGOs to enhance fire prevention measures at historical sites and improve wildlife observation systems in eco-sensitive zones.
Commitment to Cybersecurity and Data Protection
Hikvision has established a commendable pedigree in cybersecurity and data protection, evidenced by numerous certifications such as ISO 27017 and ISO 27018. The company emphasizes the importance of staff training, launching 26 cybersecurity-focused courses and conducting 171 training sessions with full employee participation in 2024. This proactive approach ensures that Hikvision not only safeguards its systems but also cultivates a new generation of cybersecurity talent, exemplified by its participation in the Hackathon event at ISE 2025 in Barcelona.
Tackling Climate Change with Sustainable Practices
In alignment with global efforts to combat climate change, Hikvision has integrated decarbonization within its corporate strategy. This is encapsulated in its blueprint for achieving carbon neutrality, focusing on low-carbon products, intelligent manufacturing practices, and innovative digital transformation processes.
Highlighting key achievements, Hikvision's Carbon Footprint Verification program covered 103 models, with the company obtaining the world's first certification for the Carbon Footprint of Product Processes from Bureau Veritas. Furthermore, their LED displays were acknowledged as the first in the industry to receive the Green Product Mark certification from TÜV Rheinland, showcasing a strong commitment to environmentally friendly products.
Building a Sustainable Future
Through these multifaceted initiatives, Hikvision aims not just to thrive as a business but also to contribute positively to society and the environment. The 2024 ESG Report underscores the company's unwavering dedication to integrating sustainable practices into its core operations, laying the groundwork for shared values and stable prospects for the future.
As Hikvision continues to pursue its THRIVE objectives, the commitment to a sustainable future remains strong, ensuring that technological advancements benefit both people and the planet.
Topics General Business）
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