TCL Communication Technology Holdings Limited
Climate Impact & Sustainability Data (2022-01 to 2022-12, 2023)
Reporting Period: 2022-01 to 2022-12
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced GHG emissions from 2,941,899 tCO2e in 2021 to 1,919,715.29 tCO2e in 2022
- Increased renewable energy consumption to 816.71 MWh in 2022 from 0 MWh in 2021
- Reduced transportation emissions by 44,000 tCO2e in 2022 through optimization of delivery tools
- 70% recycled paper used in product packaging
Social Achievements
- No complaints on child labor use, forced labor, harassment, and inhumane treatment
- 100% timely signing ratio of new employee labor contracts
- 100% social insurance coverage
- Developed a customized insurance program for employees and their family members
- Organized various employee activities to alleviate work pressure and raise the sense of happiness and belonging
Governance Achievements
- Established ISO27001 Information Security Management System and ISO27701 Privacy management System
- Signed integrity agreements with stakeholders
- No confirmed incidents of corruption or bribery
- Formulated the Anti-commercial Bribery Compliance Policy
- Enhanced compliance awareness through training and communication
Climate Goals & Targets
- Achieve carbon neutrality by 2050 (TCL Industries Group goal)
- Reduce absolute Scope 1 GHG emissions 42% by 2030 from a 2021 base year
- Reduce absolute Scope 2 GHG emissions 42% by 2030 from a 2021 base year
- Reduce absolute Scope 3 GHG emissions 25% by 2030 from a 2021 base year
- Not disclosed
Environmental Challenges
- Climate change
- Supply chain disruptions (implied due to COVID-19)
- Maintaining compliance with evolving regulations
Mitigation Strategies
- Energy-saving transformation projects
- Renewable energy use
- Effective resource management
- Green product development
- Supplier CSR management system
- Regular training courses and risk assessment
Supply Chain Management
Supplier Audits: 9 on-site audits in 2022
Responsible Procurement
- Supplier CSR management system
- Ethical Code
- Corporate Social Responsibility Notice
- Conflict mineral requirements included in supplier contracts
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs), UN Global Compact, ISO 26000
Certifications: ISO 9001, TL9000, ISO 14001, ISO 45001, SA8000, GSV, ISO 27001, ISO 27701, ISO 14064, ISO 50001, IATF 16949, UL ECOLOGO
Third-party Assurance: SGS
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Products with low blue light certification
- Products with easy-to-dismantle design
- Halogen-free products
Awards & Recognition
- Green Factory certification
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced carbon emission intensity of Scope 1 and 2 by 5.17% compared with 2021.
- Percentage of recycled materials used in product packaging reaches 75%.
- 100% suppliers sign Environmental Materials Declaration.
- Purchased Green Electricity Certificates (GEC) equaling 66,000 KWh.
Social Achievements
- No Complaints on child labor use, forced labor, harassment and inhumane treatment.
- 100% timely signing ratio of new employee labor contracts.
- Social insurance coverage 100%.
- 100% Percentage of workers with 1‐day off in 7 consecutive days.
- 100% on‐time salary release.
- No safety accidents resulting in disability or death.
- No occupational disease, poisoning incidents.
- Launched a series of quality culture activities themed “Customer First, Do It Right Once for All”.
Governance Achievements
- 100% of suppliers signing Integrity Agreement.
- No bribery, corruption, extortion and embezzlement incidents.
- No whistling on money laundering incidents, unfair competition, false advertising incidents and information security.
- 100% of workers are trained on business ethics.
- 100% coverage of conflict of interest declaration.
- 100% information confidentiality commitment coverage.
- Established ISO27001 Information Security Management System.
- Maintained ISO 27701 Privacy management System certification.
Climate Goals & Targets
- Reach carbon neutrality in operational scope by 2050.
- Reduce absolute scope 1 and 2 GHG emissions 50.80% by 2030 from 2021 base year.
- Reduce absolute scope 3 GHG emissions 42.00% by 2030 from 2021 base year.
Environmental Challenges
- Complex changes in the era of corporate social responsibility.
- Increasingly complicated network security threats.
- Managing environmental impact by improving resources utilization efficiency, reducing resources consumption, and eliminating waste emission.
Mitigation Strategies
- Strengthened cooperation with stakeholders and continuously improved the management and practice level in ESG aspects.
- Established ISO27001 Information Security Management System and deployed advanced security tools.
- Improved resources utilization efficiency, reduced resources consumption, and eliminated waste emission.
- Implemented energy‐saving reformation and renewable energy use for optimizing energy structure.
Supply Chain Management
Supplier Audits: 100% CSR audit coverage for new supplier introduction; Annual reviews, special reviews and third‐party reviews for AVL suppliers.
Responsible Procurement
- Code of Conduct for Suppliers
- Notification of Corporate Social Responsibility
- Statement of Environmental Compliance
- Quality Agreement
- Integrity Agreement
- Green Supply Chain Initiative
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs), UN Global Compact, ISO 26000
Certifications: ISO 9001, TL9000, ISO 14001, ISO 45001, SA8000, GSV, ISO 27001, ISO 27701, ISO 14064, ISO 50001, IATF 16949
Third-party Assurance: SGS
Sustainable Products & Innovation
- NXTPAPER display
- Low-blue light products
- Halogen-free products
- Recycled materials in products
Awards & Recognition
- EcoVadis Gold medal
- Admirable Supporter for People with Disabilities