TPV

Sustainability Our Commitments CSR Reports

Message from the Chairman of the ESG Committee

In 2022, the global market for consumer electronics struggled to thrive amid turbulence and transformation. At TPV Technology, we have chosen to turn challenges into opportunities, harness innovation and green transformation as new driving forces, and focus on Environmental, Social and Governance (ESG) aspects to achieve high-quality development. As the world's leading manufacturer and provider of monitors and TVs, our products connect millions of families and different industries. The future seems to be more feasible than ever with IoT display technologies enable by 5G. While devoting to sustainability, there is still a long way to go and much remains to be undertaken by TPV.

We are committed to making a positive impact through sustainable development and fulfilling our mission and social responsibility as a corporate citizen. Based on China, we are contributing to emission peak and carbon neutrality goals in our management and operations. In the world, we support and have committed to the Ten Principles of UN Global Compact (UNGC), the Responsible Business Alliance (RBA), and Science Based Targets initiative (SBTi), working with global partners towards a sustainable future.

We are determined to develop a comprehensive and practical ESG framework that is tailor-made and ahead of our peers. By benchmarking with market leaders around the world and evaluating our key business processes, we are going to launch TPV ESG roadmap to 2030. The roadmap ahead navigates our goals toward sustainability with firmly determination. To this end, we link executive compensation to ESG performance to ensure target accountability, sound ESG management and efficient ESG governance.

We are action-oriented to truly incorporate ESG management into our operations process and throughout the product lifecycle. ESG principles have been systematically integrated into the practices of all functions, from R&D, procurement, manufacturing, sales, quality, to after-sales service. All divisions are encouraged to actively embrace and act on ESG and sustainability.

We are convinced sustainability is about giving back what is taken from nature. We are committed to energy conservation and circular economy to minimize the potential environmental impact of electronic products. Together with upstream and downstream partners to actively collaborate in the use of recycled materials, promoting parts recycling, and end-of life management are being vigorously encouraged.

We are confident that the communities we rooted and the market our products reached are our important partners. As a world-class display manufacturer, we aim to contribute to a more harmonious society with our smart healthcare and smart education solutions. Furthermore, we strive to create a safe and healthy workplace for our teams, and supporting employee growth and professional development.

We expect a practitioner of low-carbon development and sustainability to be the new synonym for TPV. In 2022, we received EcoVadis Gold medal, B rating in CDP climate change and water security and the "Central SOE of China·ESG Pioneer 50 Index", and other recognitions. Looking ahead to 2023, we plan to launch 1,000 green models and reduce carbon emissions from packaging by 5%.

The path to sustainability remains an ongoing journey. We are ready to fast-forward efforts and embark on a new chapter. We understand the mission and responsibility entrusted on TPV, and are determined to fulfill our mission and prove worthy of our times. On behalf of all TPV colleagues, I hope to join hands with all stakeholders to forge ahead for a greener and brighter future!

Chairman and CEO

Chairman of the Risk Management and ESG Committee

Our Contribution to UN's SDGs

The SDGs (Sustainable Development Goals) are 17 goals adopted by the United Nations to make the world a better place by 2030. They call for the whole world to act decisively to protect our planet while enhancing economic growth. And they can be seen as a common framework to tackle global issues like poverty, inequality, climate change and environmental protection.

As a socially responsible, internationally-operating company, TPV has taken a meaningful step to contribute to solving these global challenges by integrating the SDGs in our strategy and business model.

To identify which SDGs are the most relevant to TPV, we performed a peer and customer analysis and conducted interviews with stakeholders. As a result, SDGs 4 (Quality Education), 8 (Decent Work and Economic Growth) and 12 (Responsible Consumption and Production) were deemed as our strategic focus in 2020.

To read more on the UN’s SDGs, please visit:

United Nations Sustainable Development – 17 Goals to Transform Our World

Quality Education

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

In China, we collaborate with some universities (including Fuzhou University and Xiamen University of Technology) to give selected students the hands-on opportunities to work with TPV's in-house engineers and participate in the R&D of products. Through hands-on learning experience, we prepare the students with skills and experience helpful to their future career. Outstanding students are also invited to join the TPV family after graduation.

We also run training programmes with universities to develop future talent in areas like Android software and manufacturing technology. Launched in 2009, these training programmes have benefited over five hundred students. In addition, since 2015, we have also partnered with other companies in the optoelectronics industry to offer joint courses covering topics ranging from optoelectronics to mechanics to help upskill students from universities such as Xiamen University of Technology and Chung Hua University.

Decent Work and Economic Growth

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

We are committed to workplace inclusivity. There is zero tolerance for harassment and discrimination on any grounds and we frequently review related procedures to promote diversity, equal opportunity, and decent work for all. We provide effective internal grievance mechanisms for employees to raise any work-related concerns.

We are committed to upholding the human rights of our employees and those who work in our supply chain. We have joined the UN Global Compact and are committed to incorporating its principles such as those on human rights and labour into our strategy and operations. To supplement our internal audit efforts, we also conduct EICC (Electronic Industry Citizenship Coalition) audits to ensure no child labour and forced labour is used in any of our operations. At the same time, as a member of the Responsible Minerals Initiative (RMI), we are committed to the control of conflict minerals and have created a conflict mineral management system in accordance with the OECD’s five step framework for due diligence in the supply chain.

Responsible Consumption and Production

Ensure sustainable consumption and production patterns

We are committed to managing waste generated from our operations and premises in a responsible manner to minimize the impact on the environment and surrounding communities. Our waste management principles encourage reduction at source and the reuse and recycling of waste. We also aim to employ new and advanced technologies to identify process inefficiency and minimise waste generation.

As a leading display manufacturer, we support and adopt sustainable design principles. To contribute to environment protection and resource conservation, we aim to identify opportunities to implement sustainable design throughout the product cycle, from the selection of raw materials, through manufacturing, to the use and recycling stages. Meanwhile, we also enhance control over hazardous materials throughout the manufacturing process and establish the green produce management system in response to the request of our customers.

We Support the UN Global Compact

In addition to supporting the UN’s SDGs, we also joined the United Nations Global Compact (UNGC) in November 2020 along with more than 10,000 businesses and other stakeholders around the world to build a better society. We are committed to integrating the UNGC's ten principles on human rights, labour, environment and anti-corruption as part of our business strategy and company culture, for the greater benefit of society as well as of our own.

To read more on the UN Global Compact, please visit:

UN Global Compact

We Have Committed to the SBTi

In January 2021, we submitted our commitment letter to the Science Based Targets Initiative (SBTi), actively contributing to the industry's transition to a low-carbon future. In September 2022, our carbon reduction targets were approved by the SBTi: we undertake to reduce Scope 1 & 2 emissions by 42%, and Scope 3 emissions – use of sold products by 42% by 2030 from 2020 levels.

To read more on the SBTi, please visit:

Ambitious Corporate Climate Action - Science Based Targets

Our Commitment to the RBA

As a member company of the Responsible Business Alliance (RBA), we are committed to fully supporting the vision and goals of the RBA, progressively implementing the RBA Code of Conduct in our own business, and further promoting the application of the RBA Code of Conduct and philosophy in our supply chain, and contributing to the achievement of higher standards of labour, environment and business ethics in the industry.

To read more on the RBA, please visit:

The Responsible Business Alliance (RBA)