TCL Electronics Holdings Limited
Climate Impact & Sustainability Data (2015, 2020)
Reporting Period: 2015
Environmental Metrics
Water Consumption:238,626 m3 (total sewage); 6,829 m3 (Huizhou site)
Waste Generated:24,731 kg of hazardous waste
ESG Focus Areas
- Environmental Protection
- Labor and Human Rights
- Fair Business Practices
- Sustainable Procurement
- Health & Safety
- Community Engagement
Environmental Achievements
- Achieved 80.15% reuse/recycling rate and 85.05% recovery rate for electronic waste.
- Reduced packaging through initiatives like the "No charger on the phone" project and the SAVE TREE project.
- Used eco-friendly paper certified by FSC and soy ink for printing.
Social Achievements
- Increased employee satisfaction rate by providing psychological health services, enriching leisure time activities, and providing more effective communication channels.
- Decreased employee turnover rate through actions focused on career development and salary increases.
- Improved customer satisfaction score to 7.4 (out of 10).
Governance Achievements
- Established a CSR committee responsible for setting sustainability strategy, risk management, and reporting.
- Implemented anti-corruption policy and training, resulting in zero cases in 2015.
- Maintained compliance with applicable laws and regulations, with no non-compliance incidents reported in 2015.
Climate Goals & Targets
Environmental Challenges
- Challenges from international operations increasing the difficulty of CSR management system improvement and integration.
Mitigation Strategies
- Establishing a global integrated management system, setting specific annual goals, enhancing communication with interested parties, and integrating product development lifecycle processes.
Supply Chain Management
Responsible Procurement
- Requires suppliers to sign CSR agreement, RoHS environmental statement, ODS declaration of conformity, and no conflict minerals declaration.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines
Awards & Recognition
- Caring Company logo by The Hong Kong Council of Social Services
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:125,694 tCO2e/year
Scope 1 Emissions:14,370 tCO2e/year
Scope 2 Emissions:111,323 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:171,648.94 MWh/year
Water Consumption:982,617.09 m3/year
Waste Generated:4,327.81 tons/year (hazardous) + 4,150.30 tons/year (non-hazardous)
Carbon Intensity:2,096.75 kg CO2e/HKD million revenue
ESG Focus Areas
- Environmental protection
- Employment promotion
- Protection of employees' rights and interests
- Health and safety
- Fair operation
- Consumer relations
- Community participation and development
Environmental Achievements
- 10 LCD TV products included in the List of Green Design Products of the Ministry of Industry and Information Technology; energy efficiency index reached level 2 of China's Energy Efficiency Standard; renewable utilization rate of products not lower than 65%
- Reduced EPS packaging material consumption from 2015 to 2020 across various TV models
- Expanded the application scope of spray-free material to main TV parts and developed a spray-free plastic base for inserts, reducing environmental pollution
Social Achievements
- Successfully held campus recruitment activities, establishing positive interaction with campus and social talents
- Launched "electronic technology class" and "overseas special force" training programs
- Established a "Love and Mutual Aid Fund" to help employees in difficulty
Governance Achievements
- No concluded legal cases regarding corrupt practices in 2020
- Established a channel for stakeholders to actively declare their interests and a whistle-blowing channel
- Implemented anti-corruption training for all employees
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Potential climate change risks (e.g., flooding, power failures)
- Managing the environmental impact of product disposal
- Maintaining supply chain responsibility
Mitigation Strategies
- Developed special systems such as Emergency Plan for Natural Disaster Event and Special Emergency Plan for Typhoon and Rainstorm
- Strictly controlled the content of hazardous substances in products and recovered TCL's related products to recycle electronic products
- Implemented supplier audits and required compliance with environmental and social responsibility standards
Supply Chain Management
Supplier Audits: 7 corporate social responsibility audits (TCL Communication); multiple audits for TCL Electronics (details not specified)
Responsible Procurement
- Management Process of Supplier Introduction and Elimination
- Standards for the Review of the Social Responsibility of Suppliers
- Quality Agreement
- Integrity Agreement
- Anti-terrorism Security Cooperation Agreement
- Social Responsibility Undertaking Letter of Subcontractors and Suppliers
- Regulations on the Management of Supplier Review
- RBA Code of Conduct
- SA8000
- SMETA
- Statement on Restricted Substances
- Undertaking Letter of Guarantee for the Non-Use of Conflict Minerals
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Typhoons
- Power failures
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Stock Exchange's Environmental, Social and Governance Reporting Guide
Certifications: ISO9001, IECQ-QC080000:2017, TL 9000, ISO450001, ISO14001:2015, ISO50001:2018, GB/T29490, SGS SB327, Riscure, TUV EN 303645, ISO 27001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- TCL X915 8K QLED TV
- Rotatable smart screens
- NXTPAPER tablet
- 5G mmWave tablet
- Educational tablets
- Intelligent accessories
Awards & Recognition
- "8K QLED TV Gold Award 2019-2020"
- "PCMAG 2020 TV Readers' Choice"
- "Best of IFA"
- AVS FORUM "TOP CHOICE"
- CNET "Editor's Choice"
- PC Magazine "Reader's Choice Winner"
- EISA - "Best Product"
- Reviewed.com "Editor's Choice"
- Wired.com "Recommends"