GlobalData offers a comprehensive analysis of TCL Electronics Holdings, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on TCL Electronics Holdings’s ESG performance. GlobalData’s company profile on TCL Electronics Holdings offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
TCL Electronics Holdings, a prominent electronics corporation, has established environmental objectives to uphold ecological sustainability, aiming for their fulfillment by 2025. Aligning with the state government's 14th Five-Year Plan and TCL Electronics' environmental management strategy, the company has outlined targets for greenhouse gas emissions, water consumption, energy utilization, waste management, and packaging material reduction. With 2020 as the base year and 2025 as the targeted milestone, TCL Electronics is actively executing various management initiatives to ensure the achievement of these set goals, which include a 18.0% reduction in greenhouse gas emission intensity per RMB10,000 output value.
In terms of carbon emissions, TCL Electronics has been actively working towards reducing its environmental impact. The company's GHG emissions, including both direct (scope 1) and energy indirect (scope 2) emissions, have shown a decreasing trend compared to the previous year. In 2022, the company's scope 1 emissions amounted to 7,672 tonnes of CO2e and scope 2 emissions amounted to 80,873 tonnes of CO2e. The company has also been focusing on reducing air contaminants such as SO2, NOX, PM, and VOC emissions.
To achieve its emission reduction goals, TCL Electronics has implemented various measures. The company has invested in green design, energy conservation, and emission reduction initiatives. It has also deployed photovoltaic business operations, promoting clean energy and the transformation of the energy structure. TCL Electronics has been actively managing its environmental impact by handling hazardous and non-hazardous waste responsibly and setting reduction targets.
The company's commitment to sustainability extends beyond emission reduction. TCL Electronics has been promoting circular economy principles, aiming to minimize resource consumption and waste generation. It has also been actively responding to climate change risks and adapting to potential challenges. The company acknowledges the importance of technology development and innovation in supporting low-carbon and energy-saving transformations.
TCL Electronics has demonstrated its dedication to environmental responsibility through its annual greenhouse gas emission investigations and verifications. The company has obtained carbon inspection certificates from third-party inspection institutions. Additionally, TCL Electronics has been recognized for its efforts in electronic product recycling and responsible waste management.
In conclusion, TCL Electronics Holdings is committed to achieving its environmental targets and reducing its carbon emissions. The company has implemented various measures to reduce its environmental impact, including investments in green design, energy conservation, and emission reduction initiatives. TCL Electronics actively manages its waste and promotes circular economy principles. The company's dedication to sustainability is evident through its annual greenhouse gas emission investigations and verifications, as well as its recognition for responsible waste management practices.