Hanwha Vision, a global vision solution provider, has joined the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative.
The UNGC encourages companies to integrate 10 key principles covering human rights, labor standards, environmental protection, and anti-corruption into their core operations and strategies. With over 20,000 participants in 167 countries, the UNGC provides a framework for businesses to contribute to a more sustainable future.
Sustainable management
“Joining the UNGC strengthens Hanwha Vision's commitment to upholding the highest global standards for sustainable management,” said Soonhong Ahn, President and CEO of Hanwha Vision.
Soonhong Ahn adds, “We believe that our corporate activities, investments, and solution development, aligned with the UN Sustainable Development Goals, can contribute meaningfully to the goals of the United Nations and the international community.”
Transparency and accountability
Hanwha Vision will strengthen its ESG efforts and embed the organization’s 10 principles
Through its UNGC membership, Hanwha Vision will strengthen its ESG (environmental, social, and governance) efforts and embed the organization’s 10 principles into its day-to-day business practices and corporate culture.
Additionally, Hanwha Vision will demonstrate its progress through annual communication on progress (CoP) reports, ensuring transparency and accountability to stakeholders.
Sustainable video surveillance
In 2023, Hanwha Vision published its sustainability report and has been actively communicating its ESG progress and plans to external and internal stakeholders, including customers, employees, and strategic partners.
By joining the UNGC, the company aims to become a pioneer in fostering a more sustainable video surveillance industry.
Domestic and international video surveillance
“As a global pioneer in the video surveillance industry, we applaud Hanwha Vision’s membership in the UNGC and believe it will have a valuable impact on fostering a more sustainable domestic and international video surveillance industry,” said Yeonchul Yoo, Executive Director of the UNGC Network Korea.
Yeonchul Yoo adds, "We look forward to supporting Hanwha Vision as it accelerates its ESG journey."
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