Hisense awarded EcoVardis Silver sustainability rating

Home appliances and TV manufacturer Hisense has been awarded a silver accreditation medal from sustainability ratings provider EcoVadis.

03 Apr, 23

Home appliances and TV manufacturer Hisense has been awarded a silver accreditation medal from sustainability ratings provider EcoVadis.

Hisense awarded EcoVardis Silver sustainability rating

This rating recognises Hisense’s commitment to sustainable business practices and recognises the company’s ongoing efforts to minimise its impact on the planet and promote social responsibility.

Hisense has outlined five key areas to focus on including the environment, sustainable products, sustainable supply chain, people and social responsibility, and new business models.

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These target areas include looking at tangible actions, from reducing energy consumption and waste through the optimisation of renewable energy to increasing the use of recycled materials in products.

This is in addition to 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.

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, over the past five years, Hisense Europe reduced water consumption by 38% and lowered electricity consumption by 24%.

Its home appliances are produced from ecologically sound, degradable materials, which was also commended by the EcoVadis board.

Finally, EcoVadis’ sustainability rating and assessment process also evaluates a business’ social and ethical performances.

The brand was recognised for its commitment to promoting ethical business practices such as creating equal opportunities and establishing a knowledge-sharing culture.

In 2021, Hisense Europe  provided 136,000 training hours, equating to 20 hours per employee, and is one of the brand’s initiatives to promote a healthy work-life balance and encourage staff to continue to learn and develop.

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 recognised 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.”