Leading TV and appliances manufacturer, Hisense, has been awarded a silver accreditation medal from EcoVadis. This renowned business rating recognises Hisense’s commitment to sustainable business practices and is a testament to the company’s ongoing efforts to minimise its impact on the planet and promote social responsibility.
The prestigious EcoVadis award marks a real milestone in Hisense Europe’s eco-journey, reflecting the brand’s accomplishments so far, as well as its ambitious sustainability targets for the future. Hisense has outlined five key areas to focus on continuing to improve, including the environment, sustainable products, sustainable supply chain, people and social responsibility, and new business models.
These target areas include looking at tangible actions, from reducing energy consumption and waste through the optimization of renewable energy to increasing the use of recycled materials in products, and promoting sustainable transportation, as well as enhancing the sustainability of its supply chain. Hisense’s focus on sustainability is evident in its efforts to recycle 96% of generated waste, use 100% recyclable packaging by 2024, and reduce CO2 emissions from transportation. The renowned EcoVadis silver medal is proof that Hisense Europe has developed the right strategy to increase the sustainability of its business models.
According to EcoVadis, a company must address all stages of production to minimise its carbon footprint, including the energy consumption during manufacturing, the materials used in the products and their lifespan, as well as the packaging and transportation processes. In these areas, Hisense Europe made significant progress in the last five years with a 38% reduction in water consumption and a 24% reduction in electricity consumption. Hisense’s home appliances are produced from ecologically sound, degradable materials, which undergo rigorous testing to increase their longevity, which was also commended by the EcoVadis board.
Finally, EcoVadis’ sustainability rating and assessment process also evaluates a business’ social and ethical performances, which is something that Hisense Europe also passed with flying colours. The brand was recognised for its commitment to promoting ethical business practices such as creating equal opportunities for all and establishing a knowledge-sharing culture. In 2021, Hisense Europe allowed for more than 136,000 training hours, equating to 20 hours per employee – just one of the brand’s initiatives to promote a healthy work-life balance and encourage staff to continue to learn and develop in their roles.
Commenting on the EcoVadis medal, Hanson Han, CEO of Hisense Europe, said: “Sustainability is at the core of our values, and we will continue to work hard to minimize our environmental impact and promote social responsibility. This certification is a great achievement, and we are proud to be part of the EcoVadis community.”
Tomaž Korošec, a member of Hisense Europe’s Management Board, added: “In environmental care we have a rich history dating back over thirty years, and our efforts in this field have been widely recognized by experts both domestically and internationally.”
He continued: “Our investments in renewable energy, focus on product durability and efficiency, and implementation of circular economy principles have proven to be the right approach. We are honoured to receive the silver EcoVadis medal, as it represents our belief that companies with a consistent commitment to social and environmental responsibility are the ones that will achieve lasting success.”