Keep pace with our time, and march further
In 2024, the global economic landscape undergoes profound transformations, where technological innovation and industrial transformation are intertwined. Amid escalating climate crises and geopolitical tensions, the transition to a green, low-carbon future has emerged as the central imperative for businesses committed to sustainable growth. Facing with a complex macroeconomic environment, TPV remains steadfast in our commitment to the vision of "Better Display, Better Life", guided by our "ESG Roadmap to 2030". With unwavering dedication, we are determined to fulfill our solemn commitments to international organizations and initiatives such as the United Nations Global Compact, Responsible Business Alliance, and Science Based Targets initiative. We firmly believe that only through purposeful action can we address the challenges of our time, unlock new opportunities in times of change, and advance steadily along the path of high-quality development.
In 2024, the global economic landscape undergoes profound transformations, where technological innovation and industrial transformation are intertwined. Amid escalating climate crises and geopolitical tensions, the transition to a green, low-carbon future has emerged as the central imperative for businesses committed to sustainable growth. Facing with a complex macroeconomic environment, TPV remains steadfast in our commitment to the vision of "Better Display, Better Life", guided by our "ESG Roadmap to 2030". With unwavering dedication, we are determined to fulfill our solemn commitments to international organizations and initiatives such as the United Nations Global Compact, Responsible Business Alliance, and Science Based Targets initiative. We firmly believe that only through purposeful action can we address the challenges of our time, unlock new opportunities in times of change, and advance steadily along the path of high-quality development.
Governance as the Foundation: Building a Responsible Management System
TPV views governance as the core engine for high-quality development. In 2024, we deepened our ESG three-level governance structure, held regular ESG meetings and incorporated key ESG metrics into the executive performance evaluation system. Besides, we empowered ESG management through digital technology, supporting the steady accomplishment of TPV's "ESG Roadmap to 2030". This year, we have once again earned recognition from authoritative ratings and professional institutions. We were awarded the Gold Medal for EcoVadis sustainability rating for 3 consecutive years and were selected for the "Central SOE of China · ESG Pioneer Index" for 4 consecutive years.
TPV views governance as the core engine for high-quality development. In 2024, we deepened our ESG three-level governance structure, held regular ESG meetings and incorporated key ESG metrics into the executive performance evaluation system. Besides, we empowered ESG management through digital technology, supporting the steady accomplishment of TPV's "ESG Roadmap to 2030". This year, we have once again earned recognition from authoritative ratings and professional institutions. We were awarded the Gold Medal for EcoVadis sustainability rating for 3 consecutive years and were selected for the "Central SOE of China · ESG Pioneer Index" for 4 consecutive years.
Intelligent Manufacturing First: Seizing Net-Zero Transition Opportunities
In the face of severe climate events, including droughts in the Amazon and wildfires in California, we must act swiftly to align our long-term strategic development with the global low-carbon transformation framework, pledging to achieve Net Zero emissions by 2050 (the target was approved by SBTi in April, 2025). This year, we have reduced operational carbon emissions by 55% compared to the base year, and the usage of renewable energy has grown by 7.75% year-over-year.
In the face of severe climate events, including droughts in the Amazon and wildfires in California, we must act swiftly to align our long-term strategic development with the global low-carbon transformation framework, pledging to achieve Net Zero emissions by 2050 (the target was approved by SBTi in April, 2025). This year, we have reduced operational carbon emissions by 55% compared to the base year, and the usage of renewable energy has grown by 7.75% year-over-year.
Artificial intelligence and green products offer new industrial opportunities for low-carbon transition. We are continuously enhancing our intelligent green manufacturing by integrating AI and low-carbon innovation technologies into various products. In 2024, we introduced innovative products such as AI-powered smart headphones and AI-driven image enhancement technology. Our proprietary brand achieved a milestone with 153 products certified under the globally recognized EPEAT Climate+ standard for environmental sustainability. Additionally, the proportion of recycled and sustainable materials in our products and packaging continued to rise steadily.
Synergy as the Key: Forging Partnerships for Sustainability
As the world's leading intelligent manufacturer of monitors and LCD TVs, TPV fully understands the truth that "Many hands make light work". We regard our employees as TPV's most precious resource to achieve sustainable development. Therefore, we are striving to create an equal, diverse, and inclusive work environment, and to improve talent cultivation systems. In 2024, the proportion of female managers at TPV reached 30%, and employee satisfaction in China reached 83%.
As the world's leading intelligent manufacturer of monitors and LCD TVs, TPV fully understands the truth that "Many hands make light work". We regard our employees as TPV's most precious resource to achieve sustainable development. Therefore, we are striving to create an equal, diverse, and inclusive work environment, and to improve talent cultivation systems. In 2024, the proportion of female managers at TPV reached 30%, and employee satisfaction in China reached 83%.
TPV adheres to the philosophy of "Creating Unique Values for Our Customers", providing users with environmentally friendly and high-quality solutions and reliable services. We achieved a customer service satisfaction rate of 99.2% in China. For suppliers, TPV aims to play a leading role, and work together to reshape a more resilient value chain. In 2024, we encouraged 15 suppliers to complete the CDP Climate Change questionnaire, and 201 suppliers participated in TPV's supplier ESG survey.
Human-Centered: Delivering Tech for Social Good
We believe a company's value lies not only in its business success but also in the positive impact it creates for people and society. In 2024, TPV invested over RMB 3.54 million in social welfare initiatives, particularly in educational equity and ecological protection. Since 2015, we have consistently implemented the "Care and Integration" series of education and environmental protection activities. These efforts provide better educational opportunities for schoolchildren, foster an appreciation for nature, and create cultural exchange platforms to support regional integration and development.
We believe a company's value lies not only in its business success but also in the positive impact it creates for people and society. In 2024, TPV invested over RMB 3.54 million in social welfare initiatives, particularly in educational equity and ecological protection. Since 2015, we have consistently implemented the "Care and Integration" series of education and environmental protection activities. These efforts provide better educational opportunities for schoolchildren, foster an appreciation for nature, and create cultural exchange platforms to support regional integration and development.
Looking back on our journey, TPV have reaped the fruits of our hard work. Every low-carbon product we have created, every commitment we have made to our supply chain, every employee we have nurtured, and every child's smile we have inspired—all embody TPV's core ESG value of "Better Display, Better Life". While the market environment is constantly evolving, TPV's steadfast commitment to global society remains unchanged. Moving forward, we will pursue green technological innovation with renewed determination, embrace our social responsibilities with unwavering resolve, and build a win-win ecosystem with a broader perspective.
With the wind at our sails, we set forth on a journey of progress! Let us join hands with global partners, united in purpose, to paint a magnificent vision of sustainable development together!
