VIVOTEK (TWSE: 3454), the global leading IP surveillance solution provider, strives to promote sustainable development and follows GRI Sustainability Reporting Standards and TCFD to compile annual ESG report, proactively responding to UN SDGs and the global RE100 renewable energy initiative. VIVOTEK has voluntarily published ESG report in five straight years and released the first-ever English version this year. Environmental topics have been compiled into a new standalone chapter, as VIVOTEK becomes the leader in Taiwan’s security industry to show full dedication to the promotion of ESG.
“Rebranding for sustainable care” is the theme of this year’s ESG report. “In 2021, VIVOTEK completed its brand transformation, and has upgraded and evolved. In addition to organizing brand events and selecting brand ambassadors to promote the brand spirit, we also invited domestic and overseas employees to participate in our events, strengthening cohesion and brand recognition and responding to the spirit of sustainability,” said Allen Hsieh, Director of Global Marketing Division, and spokesperson of VIVOTEK. “The ESG report incorporates our corporate culture of speed, transparency, quality, and teamwork, and combines the company’s expertise in surveillance industry to take care of local community and continually focus on ESG aspects of corporate social responsibility. VIVOTEK not only has become the first company in Taiwan to strive for sustainable development, but also sets its eyes on becoming the world’s number one brand of surveillance industry!”
Important information on the three pillars of ESG (environment, social, governance) voluntarily disclosed in the ESG report is presented below:
E – Spare No Effort to Care for Environment
Responding to Delta Group’s advocacy of the global RE100 renewable energy initiative, VIVOTEK has incrementally introduced renewable energy, and VIVOTEK USA has officially launched roof-top solar PV equipment. In the area of smart factory, VIVOTEK has been engaged in R&D, production, and manufacturing in Taiwan for over 22 years, and developed in the Zhonghe plant its first automated product-testing production line, continually introducing various pieces of automated equipment to save energy and enhance production capacity. By introducing TCFD, VIVOTEK has also examined potential climate impacts on financial planning to strengthen strategic resilience, responding to UN SDG 13: Climate Action through concrete actions. Moreover, VIVOTEK is leading its suppliers onto a path towards sustainability, establishing internally GPM (green product management) system to promote green supply chain.
S – Take Care of Local Community with Eyes Set on Future
In recent years, VIVIOTEK has launched several activities to give back to society. In 2021, VIVOTEK initiated the “Community Safety Map” local care project, encouraging employees to enter neighbor communities through real and everyday interactions. VIVOTEK also leveraged own strengths to utilize its specialized surveillance solutions for neighborhood patrol to truly build a safe and secure living environment.
G – Improve in Evaluation for Corporate Sustainability
VIVOTEK rose to Tier 2 in the 8th TWSE Corporate Governance Evaluation and leapt up five tiers within two short years; moreover, among small and medium sized enterprises, VIVOTEK ranked in the top tier, becoming a new top 5% company. This year, VIVOTEK also publishes for the first time the English version of ESG report and accelerated its compliance with“Corporate Governance 3.0 – Sustainable Development Roadmap” to formulate GHG inventory plan. In the future, VIVOTEK will continually monitor international trends of ESG and sustainability and, with a caring spirit, take positive actions to lead its partners into a future of synergy and sustainability.
VIVOTEK “2021 ESG Report” in Chinese is available for download at https://www.vivotek.com/zh-Hant/csr/content/9 (The English version will be released in November 2022).