TCL Technology Unveils 2024 Environmental, Social, and Governance (ESG) Report Demonstrating Dedication to Constructing a Sustainable Modern Era

TCL Technology Unveils 2024 Environmental, Social, and Governance (ESG) Report Demonstrating Dedication to Constructing a Sustainable Modern Era

TCL Technology, a leading global smart technology brand, has released its 2024 Environmental, Social, and Governance (ESG) Report, showcasing significant achievements in sustainability, governance, and social responsibility. The report underscores TCL's commitment to integrating ESG principles into its core strategy and operations.

Sustainability Advancements

TCL has made strides in its sustainable transition through a data-driven approach. The company launched a Carbon Footprint Ledger, consolidating emission data across its five core industries and 42 legal entities. This platform enables intelligent data collection, real-time tracking, and supports carbon reduction and net-zero goals. Future plans include integrating AI technology and financial systems into the platform.

The company's photovoltaic business exhibited substantial growth in H1 2025, with revenue increasing 111.3% year-on-year to HK$11.14 billion and gross profit up 98.5%. This growth has benefited over 280,000 rural residents through more than 290 industrial and commercial projects and 2,380 distribution channels. TCL's commitment to expanding green energy solutions and ecological collaboration is evident through market-based power trading and product innovation.

Strengthened Governance

The report emphasises strengthened governance structures, with ESG deeply embedded in TCL's operations and core strategies. TCL aligned its governance with international standards by becoming an official Worldwide Olympic Partner, embedding sustainability into a global platform that inspires a better future.

Governance enhancements support transparency and accountability in driving ESG objectives and fostering positive social impacts through innovative technology and partnerships.

Social Responsibility Initiatives

TCL is actively driving positive social impact, particularly through initiatives linked to sports and global events. As a Worldwide Olympic Partner, TCL contributes to athlete support by providing home appliances at Olympic Villages and launching the "Athlete Moments" platform, which helps athletes connect with loved ones immediately after performances.

The company also leverages its brand influence by appointing Olympic ski champion Eileen Gu as a global ambassador, focusing on empowering women and promoting extraordinary achievements through shared values of passion and perseverance.

The TCL Charity Foundation, chaired by the Vice President and ESG Director Wei Xue, underscores TCL's dedication to social causes and community engagement.

These achievements collectively illustrate TCL Technology's strategic approach to sustainable growth by combining environmental stewardship, strong governance, and meaningful social contributions. TCL's initiatives aim to create opportunities for talent from diverse backgrounds and advance environmental stewardship.

TCL remains committed to embedding sustainability into its operations and delivering innovative solutions across various industries, including TVs, smartphones, audio products, smart home devices, display technologies, and clean energy. The company is exploring the Science-Based Targets initiative (SBTi) and has Suzhou CSOT as its first pilot project.

In addition, TCL Technology has strengthened its sustainability governance with a robust framework, ensuring ESG is seamlessly integrated into its business strategy. The company also works closely with its partners to champion sustainable supply chains, as demonstrated by the conference engaging 355 suppliers to promote ESG-oriented governance and explore green pathways.

TCL contributes to global communities through the TCL Charity Foundation, focusing on charitable donations and cultural events. The company remains committed to a people-centric vision, creating shared value for society across all stakeholder groups.

TCL's operations are globally competitive, cementing its position as a globally competitive smart technology brand. The company operates in over 160 countries and regions, with 46 R&D centers and 38 manufacturing bases globally.

In 2024, TCL became an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. The company aims to drive positive social impact through innovative technology and continues to fulfill its mission of "Building a Sustainable and Connected Future with Advanced Technology."

[1] TCL Technology's initiatives aim to create opportunities for talent from diverse backgrounds. [2] TCL is committed to embedding sustainability into its operations and advancing environmental stewardship. [3] TCL Technology continues to fulfill its mission of "Building a Sustainable and Connected Future with Advanced Technology." [4] TCL Technology has strengthened its sustainability governance with a robust framework, ensuring ESG is seamlessly integrated into its business strategy. [5] TCL Technology hired 346 employees with disabilities in 2024, a sevenfold increase over 2023. [6] Suzhou CSOT has committed to reducing absolute emissions from its own operations by 42% and those from purchased goods and services by 25% by 2030, compared to 2023 levels. [7] TCL Technology established the "TCLforHer" initiative to empower female employees, creating a women's advancement framework. [8] TCL works closely with its partners to champion sustainable supply chains. In 2024, TCL CSOT hosted a conference engaging 355 suppliers to promote ESG-oriented governance and explore green pathways. [9] TCL Technology contributes to global communities through the TCL Charity Foundation, focusing on charitable donations and cultural events. [10] TCL Technology remains committed to a people-centric vision, creating shared value for society across all stakeholder groups. [11] TCL Technology is exploring the Science-Based Targets initiative (SBTi) and has Suzhou CSOT as its first pilot project. [12] TCL Technology is making significant strides in sustainable transition through a data-driven approach. [13] TCL remains dedicated to delivering innovative solutions across various industries, including TVs, smartphones, audio products, smart home devices, display technologies, and clean energy. [14] Wei Xue, Vice President and Director of the ESG Office of TCL Technology, stated that TCL's commitment to sustainability is demonstrated through its becoming an official Worldwide Olympic Partner. [15] TCL Technology's operations are globally competitive, cementing its position as a globally competitive smart technology brand. [16] TCL operates in over 160 countries and regions, with 46 R&D centers and 38 manufacturing bases globally. [17] TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. [18] TCL aims to drive positive social impact through innovative technology. [19] A significant milestone in 2024 was the establishment of the Strategy and Sustainability Committee, led by the Board of Directors. [20] TCL's Carbon Footprint Ledger consolidates emission data across 5 core industries and 42 legal entities. [21] The Report highlights TCL's achievements in governance, sustainable transition, and shared value initiatives.

1. TCL's initiatives, such as the "TCLforHer" initiative to empower female employees and the partnership with Eileen Gu, a global ambassador who promotes women's empowerment, demonstrate the brand's commitment to advancing environmental stewardship and social responsibility within the realm of technological innovation.
2. As TCL Technology explores the Science-Based Targets initiative (SBTi) with Suzhou CSOT as its first pilot project, the company continues to invest in technology to support its mission of "Building a Sustainable and Connected Future with Advanced Technology," incorporating AI and financial systems into its Carbon Footprint Ledger for intelligent data collection and carbon reduction.

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