Hisense Group chairman, Jia Shaoqian announced the company’s new Dual Carbon Pledge and outlined Hisense’s latest initiatives in making green development a key pillar in ‘Building a century-old Hisense’ at the 2024 Environmental Social and Governance (ESG) Global Leaders Conference in Shanghai last week.
The Hisense Dual Carbon Pledge will see the company achieving ‘Own Operations Carbon Peaking’ by no later than 2026, and ‘Own Operations Carbon Neutrality’ by no later than 2050, while integrating low-carbon concepts into all aspects of its corporate governance and operations practices.
“Hisense has embraced a long-termism principle of implementing ESG practices as part of our ‘Comprehensive Layout and Global Action’ strategy, which are integral to the company’s commitment to ESG development,” Jia said.
Hisense Group chairman, Jia Shaoqian.
“The company has established a global network of ‘5+1’ regional centres for research, production and sales. This adheres to a ‘Local for Local’ principle to contribute to and serve local communities, while reducing logistics costs and energy consumption.”
Unveiling its first Carbon Neutrality whitepaper, Hisense’s Hi-Green Carbon Neutrality Action Plan will focus on three key areas – maximising energy efficiency improvements, accelerating the development of a low-carbon supply chain, and driving the iteration and optimisation of low-carbon products and services.
Hisense has established one global lighthouse factory, three zero-carbon factories, and 14 Chinese national-level green factories. In comparison to 2023, Hisense aims to reduce its carbon emission intensity by 40% by 2030.
By 2025, the company plans to include over 2,400 suppliers, representing approximately 50% of its total suppliers, in its carbon emissions management system. Hisense will also encourage 40% of its suppliers to set their own carbon reduction targets.