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TCL Technology Releases 2024 ESG Report Showcasing Commitment to Building a Sustainable Future

Business

TCL Technology Releases 2024 ESG Report Showcasing Commitment to Building a Sustainable Future
Business

Business

TCL Technology Releases 2024 ESG Report Showcasing Commitment to Building a Sustainable Future

2025-08-13 14:57 Last Updated At:15:15

Report highlights strengthened governance, continued sustainable transition,
and diverse initiatives that deliver shared value.

SHENZHEN, China, Aug. 13, 2025 /PRNewswire/ -- TCL Technology has released its 2024 Environmental, Social, and Governance (ESG) Report ("the Report"), presenting the company's achievements in governance, sustainable transition, and shared value initiatives. The Report underscores TCL's commitment to embedding sustainability into its operations, advancing environmental stewardship, and driving positive social impact through innovative technology.

Wei Xue, Vice President and Director of the ESG Office of TCL Technology and Chairman of the TCL Charity Foundation, said, "Our 2024 ESG Report reflects the unwavering commitment TCL places on sustainability by embedding ESG into our core strategy and day-to-day operations. Our dedication to amplifying TCL's positive impact on a global scale is further demonstrated through our becoming an official Worldwide Olympic Partner, aligning our values with efforts to inspire a better future."

Continued Sustainable Transition: Digitalization Facilitates Progress in Carbon Reduction

TCL Technology is making significant strides in sustainable transition through a data-driven approach. The company's newly launched Carbon Footprint Ledger consolidates emission data across its 5 core industries and 42 legal entities, enabling intelligent data collection and real-time performance tracking. The data provided by the platform serves as a solid foundation for achieving its carbon reduction and net-zero goals, and will further expand in the future to incorporate additional ESG core indicators and integrate AI-driven technology to link the platform with the financial system.

Recognizing the urgency of coordinated action, TCL Technology is also actively exploring the Science-Based Targets initiative (SBTi), modeling a pathway toward future net-zero emissions. Importantly, Suzhou CSOT, a subsidiary of TCL CSOT, officially joined the SBTi as the company's first pilot project in this initiative. With a clear roadmap, Suzhou CSOT is committed to reducing absolute emissions from its own operations by 42% and those from purchased goods and services by 25% by 2030, compared to 2023 levels.

The company also works closely with its partners to champion sustainable supply chains. In 2024, TCL CSOT hosted the "True Vision and Insight to All Global Supply Chain Conference", engaging 355 suppliers to promote ESG-oriented governance and explore green pathways.

Strengthened Governance: Embedding ESG into Core Decision-Making

TCL Technology has strengthened its sustainability governance with a robust framework, ensuring ESG is seamlessly integrated into its business strategy. A significant milestone in 2024 was the establishment of the Strategy and Sustainability Committee, led by the Board of Directors. This serves as the highest governing body for climate-related matters and is supported by the ESG Working Committee as its executive arm. This tiered mechanism advances TCL's climate governance to ensure effective ESG risk identification and mitigation.

For the first time, TCL Technology also conducted a double materiality assessment, engaging over 40 representatives including academics, regulators, NGOs, shareholders and employees to evaluate the impact materiality and financial materiality of key ESG issues across its value chain. Based on this transparent evaluation, the Report discloses the company's first ESG issue matrix and materiality ranking, which further enhances TCL's ability to effectively address stakeholder expectations.

Driving Social Responsibility: Delivering Value Creation for all Stakeholders

TCL Technology remains committed to a people-centric vision of creating shared value for society across all stakeholder groups. As a company that prioritizes its own talent base, the company has established multi-faceted initiatives to create opportunities for talent from diverse backgrounds. In 2024, TCL Technology hired 346 employees with disabilities, representing a sevenfold increase over 2023.

The company has also advanced its commitment to further empowering female employees through its "TCLforHer" initiative, establishing a women's advancement framework where women are "seen, heard, and supported." Furthermore, TCL Technology contributes to global communities through the TCL Charity Foundation, focusing on key areas such as charitable donations and cultural events.

Through strengthened governance, continued sustainable transition, and shared value initiatives, TCL Technology continues to fulfil its mission of "Building a Sustainable and Connected Future with Advanced Technology," helping to create a greener planet for all.

About TCL

Founded in 1981, TCL—short for "The Creative Life"—embodies creativity in every aspect of life. As a leading technology company, TCL is dedicated to delivering innovative solutions—including TVs, smartphones, audio products, smart home devices, display technologies, and clean energy—that enhance customer experiences through TCL Industries and TCL Technology.

As of now, with 46 R&D centers and 38 manufacturing bases globally, TCL operates in over 160 countries and regions, cementing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category.

Report highlights strengthened governance, continued sustainable transition,
and diverse initiatives that deliver shared value.

SHENZHEN, China, Aug. 13, 2025 /PRNewswire/ -- TCL Technology has released its 2024 Environmental, Social, and Governance (ESG) Report ("the Report"), presenting the company's achievements in governance, sustainable transition, and shared value initiatives. The Report underscores TCL's commitment to embedding sustainability into its operations, advancing environmental stewardship, and driving positive social impact through innovative technology.

Wei Xue, Vice President and Director of the ESG Office of TCL Technology and Chairman of the TCL Charity Foundation, said, "Our 2024 ESG Report reflects the unwavering commitment TCL places on sustainability by embedding ESG into our core strategy and day-to-day operations. Our dedication to amplifying TCL's positive impact on a global scale is further demonstrated through our becoming an official Worldwide Olympic Partner, aligning our values with efforts to inspire a better future."

Continued Sustainable Transition: Digitalization Facilitates Progress in Carbon Reduction

TCL Technology is making significant strides in sustainable transition through a data-driven approach. The company's newly launched Carbon Footprint Ledger consolidates emission data across its 5 core industries and 42 legal entities, enabling intelligent data collection and real-time performance tracking. The data provided by the platform serves as a solid foundation for achieving its carbon reduction and net-zero goals, and will further expand in the future to incorporate additional ESG core indicators and integrate AI-driven technology to link the platform with the financial system.

Recognizing the urgency of coordinated action, TCL Technology is also actively exploring the Science-Based Targets initiative (SBTi), modeling a pathway toward future net-zero emissions. Importantly, Suzhou CSOT, a subsidiary of TCL CSOT, officially joined the SBTi as the company's first pilot project in this initiative. With a clear roadmap, Suzhou CSOT is committed to reducing absolute emissions from its own operations by 42% and those from purchased goods and services by 25% by 2030, compared to 2023 levels.

The company also works closely with its partners to champion sustainable supply chains. In 2024, TCL CSOT hosted the "True Vision and Insight to All Global Supply Chain Conference", engaging 355 suppliers to promote ESG-oriented governance and explore green pathways.

Strengthened Governance: Embedding ESG into Core Decision-Making

TCL Technology has strengthened its sustainability governance with a robust framework, ensuring ESG is seamlessly integrated into its business strategy. A significant milestone in 2024 was the establishment of the Strategy and Sustainability Committee, led by the Board of Directors. This serves as the highest governing body for climate-related matters and is supported by the ESG Working Committee as its executive arm. This tiered mechanism advances TCL's climate governance to ensure effective ESG risk identification and mitigation.

For the first time, TCL Technology also conducted a double materiality assessment, engaging over 40 representatives including academics, regulators, NGOs, shareholders and employees to evaluate the impact materiality and financial materiality of key ESG issues across its value chain. Based on this transparent evaluation, the Report discloses the company's first ESG issue matrix and materiality ranking, which further enhances TCL's ability to effectively address stakeholder expectations.

Driving Social Responsibility: Delivering Value Creation for all Stakeholders

TCL Technology remains committed to a people-centric vision of creating shared value for society across all stakeholder groups. As a company that prioritizes its own talent base, the company has established multi-faceted initiatives to create opportunities for talent from diverse backgrounds. In 2024, TCL Technology hired 346 employees with disabilities, representing a sevenfold increase over 2023.

The company has also advanced its commitment to further empowering female employees through its "TCLforHer" initiative, establishing a women's advancement framework where women are "seen, heard, and supported." Furthermore, TCL Technology contributes to global communities through the TCL Charity Foundation, focusing on key areas such as charitable donations and cultural events.

Through strengthened governance, continued sustainable transition, and shared value initiatives, TCL Technology continues to fulfil its mission of "Building a Sustainable and Connected Future with Advanced Technology," helping to create a greener planet for all.

About TCL

Founded in 1981, TCL—short for "The Creative Life"—embodies creativity in every aspect of life. As a leading technology company, TCL is dedicated to delivering innovative solutions—including TVs, smartphones, audio products, smart home devices, display technologies, and clean energy—that enhance customer experiences through TCL Industries and TCL Technology.

As of now, with 46 R&D centers and 38 manufacturing bases globally, TCL operates in over 160 countries and regions, cementing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

TCL Technology Releases 2024 ESG Report Showcasing Commitment to Building a Sustainable Future

TCL Technology Releases 2024 ESG Report Showcasing Commitment to Building a Sustainable Future

SHENZHEN, China, April 2, 2026 /PRNewswire/ -- X Square Robot, an emerging leader in embodied AI and humanoid robotics, announced the successful conclusion of the world's first Embodied AI Developers Conference (EAIDC 2026), the first global gathering dedicated specifically to developers building embodied AI systems.

EAIDC 2026 marks one of the first large-scale industry gatherings dedicated to embodied AI, bringing together leading researchers, developers, and technology companies to accelerate the transition of intelligent systems from laboratory research to real-world applications. The event features live robotic demonstrations, a national-level hackathon, and discussions between academia and industry focused on deployment, commercialization, and ecosystem development.

EAIDC 2026, the world's first embodied intelligence developer competition, is designed to accelerate real-world innovation through hands-on collaboration and deployment-focused challenges.

X Square Robot hosted EAIDC as part of a broader effort to contribute to the global embodied AI ecosystem and expand its role in shaping the future of intelligent systems. The competition also introduced a set of "three firsts" designed to bring embodied AI development closer to real-world conditions, including real-robot task execution, continuous system evaluation, and full end-to-end deployment workflows. Task design focused on four core capability areas — grasping and placement, language understanding, fine manipulation, and long-horizon decision-making — with participants completing challenges such as ring placement, instruction-based fruit sorting, cable plugging, and word spelling. A full-variable evaluation approach required teams to operate without preset parameters, using randomized real-world environments to test true adaptability and model robustness.

The company is operating at a time of growing global momentum around humanoid robotics, as advances in physical AI and vision-language-action (VLA) models begin to unlock more complex, real-world capabilities. The company has raised approximately $280 million to date, with backing from investors including Alibaba, ByteDance, Meituan, HongShan (formerly Sequoia China), and other leading technology and venture firms.

X Square Robot is focused on developing general-purpose humanoid systems capable of operating in dynamic, unstructured environments. Its technology centers on embodied foundation models designed to enable robots to perceive, adapt, and perform tasks across a range of real-world scenarios.

The company has begun generating early revenue from deployments across sectors including education, hospitality, and elder care, and is exploring broader applications in household services through collaborations such as its partnership with 58.com. The company has also been active in advancing technical research and industry engagement, including participation in global AI forums and academic communities such as CVPR, reflecting its commitment to contributing to both the development and commercialization of embodied intelligence.

These efforts reflect a broader industry shift toward applying AI-driven robotics to address labor shortages and operational challenges in both consumer and commercial environments.

By hosting EAIDC 2026, X Square Robot is engaging with a growing global ecosystem of developers and industry stakeholders working to define the next generation of intelligent systems. The company views this as part of a broader strategy to expand its international presence and establish itself as a global innovator in embodied AI.

For more information, visit https://x2robot.com/.

About XSquareRobot

X Square Robot is a global innovator in embodied artificial intelligence, robotics, and autonomous systems. The company develops integrated software and hardware platforms that enable robots to perceive, reason, and act safely in complex environments. Partnering with leading universities and technology institutions, X Square Robot delivers scalable AI infrastructure and establishes open benchmarks to drive worldwide progress in intelligent robotics.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

X Square Robot Hosts Inaugural EAIDC 2026, Advancing Real-World Deployment of Embodied AI

X Square Robot Hosts Inaugural EAIDC 2026, Advancing Real-World Deployment of Embodied AI

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