TCL Electronics (01070) released its 2025 Environmental, Social and Governance Report, detailing progress in R&D investment, market performance and carbon-reduction efforts.
Financial & Innovation Highlights • R&D expenditure increased 8.5% year-on-year to HK$2.53 billion, underpinning advances in Mini LED, communications and AI technology. • TCL TV global shipment share reached 14.7%, with shipments of Mini LED TVs up 118.0% year-on-year and average screen size expanding to 54.2 inches. • Cumulative patents authorised climbed to 13,376.
Environmental Performance • Company-wide carbon-reduction initiatives—including distributed photovoltaic projects and green manufacturing upgrades—delivered a cumulative 10 million-tonne cut in societal CO₂ emissions. • Photovoltaic operations generated 14 billion kWh of green electricity to date. • Scope 1 and Scope 2 emissions for 2025 totalled 116,191 tCO₂e; energy-intensity fell to 1.91 MWh per HK$1 million revenue. • Hazardous-waste intensity dropped to 2.02 kg per HK$1 million revenue, while non-hazardous-waste intensity stood at 0.24 t per HK$1 million revenue.
Governance & Ratings • Hang Seng ESG Rating remained at “A” for the eighth consecutive year; CDP Climate score held at “B”. • All key subsidiaries maintain ISO 14001, ISO 45001 and ISO 9001 certifications; two sites are certified to ISO 50001. • The company attained ISO 37001 anti-bribery certification and reports zero concluded corruption cases in 2025.
Social Metrics • Workforce totalled 37,859 employees; women represented 40.4% of staff. • Training coverage reached 100%, averaging 45 hours per employee. • Lost-time injury frequency fell to three incidents, with no work-related fatalities reported. • Philanthropic investment amounted to HK$19.67 million across 13 community projects, including rural education support and renewable-energy donations to schools.
Supply-Chain Responsibility • Supplier base expanded to 2,213, with 100% of new vendors screened on environmental and social criteria. • Conflict-minerals surveys covered 281 suppliers, achieving a 100% response rate; 72% of 3TG inputs now come from RMAP-certified smelters.
Strategic Outlook TCL Electronics targets further decarbonisation by 2030, deeper integration of ESG metrics into executive compensation and continued expansion of its global green-product portfolio. The board reaffirmed its goal of “becoming a globally operated leading smart-device enterprise” while maintaining its A-rated governance standing.