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Hikvision's 2024 ESG Report Introduction

Hikvision, a global leader in security solutions, has unveiled its 2024 Environmental, Social, and Governance (ESG) report, marking a significant milestone as the seventh consecutive year the company has shared its sustainability commitments. This year, a new sustainability philosophy called THRIVE has been introduced, encapsulating Hikvision's dedication to delivering positive impacts across five critical areas: Harmony, Reliability, Integrity, Value Chain, and Environment.

Key Focus Areas and Initiatives

The 2024 report draws on extensive reviews of global policies, ESG rating criteria, and stakeholder perspectives. Hikvision has identified three significant themes: Technological Innovation, Cybersecurity and Data Protection, and Response to Climate Change. Below, we explore how Hikvision is addressing each of these areas through innovative strategies and practices.

Driving Social Progress through Innovation

Hikvision has a long-standing commitment to exploring innovative means to tackle pressing social challenges. In urban governance, the company has implemented traffic management solutions in over 300 cities, effectively optimizing traffic flow at more than 53,000 intersections. In the field of industrial digitization, a strategic collaboration with CHN Energy has led to the development of advanced real-time coal quality analysis technology, which overcomes limitations associated with traditional methods.

Moreover, their STAR for Social Good Program harnesses technology to protect wildlife, promote environmental conservation, and celebrate cultural heritage. Noteworthy initiatives undertaken in 2024 include enhancements to fire prevention systems on the Lanxi Bridge, a historical wooden bridge originally constructed in 1574, and the modernization of the observation system for South Africa's Kariega Game Reserve.

Enhancing Cybersecurity and Data Protection Reliability

Hikvision prioritizes cybersecurity and data protection, an aspect of its commitment recognized through numerous prestigious certifications such as ISO 27017, ISO 27018, and DCMM. In 2024, the company executed 26 cybersecurity courses and completed 171 training sessions, achieving a remarkable 100% employee engagement rate in these initiatives. Their commitment to nurturing the next generation of talent is evident through support for the inaugural Hackathon at ISE 2025 in Barcelona.

Addressing Climate Change with Low-Carbon Strategies

Incorporating low-carbon strategies into its corporate policies, Hikvision has established a carbon-neutral business plan centered on low-carbon products, intelligent manufacturing, eco-friendly operations, and digital transformation. Key achievements thus far include verifying the carbon footprint of 103 product models and being the first company globally to receive certification from Bureau Veritas for its product carbon footprint process. Additionally, 16 of Hikvision’s LED screens have received Green Product Mark certification from TÜV Rheinland, making them trailblazers in the LED screen industry.

Commitment to Sustainability

Hikvision maintains an unwavering commitment to sustainability, laying a solid foundation for stable operations and shared value. By continually advancing these initiatives, Hikvision embodies the THRIVE philosophy, cultivating a better future for the company and society at large.

With its comprehensive approach to ESG, Hikvision is not just paving the way for a sustainable future but also setting an example for industry leaders worldwide. This report serves as a testament to their dedication and the ongoing journey toward a better tomorrow.