Hisense Chairman Jia Shaoqian: Embracing ESG, Propelling Hisense Towards a World-Class Enterprise
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Hisense Chairman Jia Shaoqian: Embracing ESG, Propelling Hisense Towards a World-Class EnterpriseOn October 21st, the 2024 Sino-European Entrepreneurs Forum was grandly held in Qingdao. Themed "Leading the Practice of ESG Principles, Jointly Promoting Green Transformation," the forum delved into the topics of corporate social responsibility and ESG, exploring ways to enhance enterprises' sustainable development capabilities and seeking new momentum and fulcrums for win-win cooperation between Chinese and foreign enterprises
Hisense Chairman Jia Shaoqian: Embracing ESG, Propelling Hisense Towards a World-Class Enterprise
On October 21st, the 2024 Sino-European Entrepreneurs Forum was grandly held in Qingdao. Themed "Leading the Practice of ESG Principles, Jointly Promoting Green Transformation," the forum delved into the topics of corporate social responsibility and ESG, exploring ways to enhance enterprises' sustainable development capabilities and seeking new momentum and fulcrums for win-win cooperation between Chinese and foreign enterprises. Jia Shaoqian, Chairman of Hisense Group, was invited to attend the forum and deliver a keynote speech, in which he shared Hisense's practical experience in actively embracing ESG principles and stated that Hisense will accelerate its progress towards the goal of becoming a world-class enterprise by adhering to high standards in the implementation of ESG principles.
"Embracing ESG is an indispensable responsibility and commitment for large enterprises," emphasized Jia Shaoqian in his speech. Hisense embraced the ESG development concept early on and has been included in Fortune's China ESG Influence List for three consecutive years. In the concrete process of implementation, Hisense has consistently adhered to a long-term perspective in its embrace of ESG principles, treating it as a "comprehensive layout" and a "global action" for the entire group.
To better embrace ESG principles, Hisense Group officially announced its carbon neutrality commitment: "Achieving peak operational carbon emissions no later than 2026 and carbon neutrality no later than 2050." "This commitment is four years ahead of the country's peak carbon emissions and ten years ahead of its carbon neutrality commitment," said Jia Shaoqian. Hisense will use this carbon commitment as self-motivation, resolutely integrating low-carbon concepts into company governance and all operational processes, making green development a vital pillar for "building a century-old Hisense."
Hisense has had a presence in Europe for over 20 years. Benefiting from the continuous deepening of the Comprehensive Strategic Partnership between China and the EU, Hisense has gradually grown in Europe, achieving rapid improvements in product competitiveness, supply chain resilience, and advanced manufacturing capabilities. Currently, Hisense employs 10,000 people in Europe, with five manufacturing bases established. By developing high-end, energy-efficient, and high-quality home appliances, Hisense has gained the trust of European consumers.
Jia Shaoqian introduced that Hisense's energy-efficient refrigerators are 10-20% more energy-efficient than the European A-class standard. In September at the IFA exhibition in Germany, Hisense launched its energy-efficient washing machine, achieving a 50% energy saving compared to the A-class standard. This fully demonstrates Hisense leading capabilities in green technology and showcases its determination and action in embracing ESG principles.
Jia Shaoqian stated that embracing ESG and aligning with international ESG systems are crucial pathways for enterprises to go global. As a pioneer, Hisense officially announced its new goal of "building a world-class enterprise and achieving a world-class brand" at the Hisense Group's 55th anniversary global employee celebration held on October 19th. Looking towards the future, Hisense will consistently adhere to the principles of technology for good and business for good, with greater responsibility and commitment, higher goals and aspirations, creating more happiness for billions of families around the world.
The Sino-European Entrepreneurs Forum in Qingdao has been held for five consecutive years, attracting over 1,000 guests from more than ten countries and regions, including former government officials, experts, scholars, Chinese and foreign entrepreneurs, and diplomats. Through forum dialogue, enterprise visits, and business matchmaking, the forum facilitates discussions on international development strategies for enterprises.
As a practitioner and advocate of ESG in Chinese enterprises, Hisense's active participation in the Sino-European Entrepreneurs Forum demonstrates its dedication to exploring and practicing ESG principles in China. This participation also contributes to promoting collaboration between Chinese and European enterprises on the path of sustainable development, jointly addressing global challenges. It is believed that Hisense will continue to delve deeper into ESG, continuously improving its sustainable development capabilities, ultimately achieving its grand goal of "building a world-class enterprise and achieving a world-class brand."
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