Statement of the Management
HTC had an excellent year in 2021, with the launch of focused, highly acclaimed products, the full implementation of the corporate restructure, and robust improvement in operational performance.
HTC is encouraged by the increasing recognition of its strategy as driving the future of the industry. In early 2018, HTC coalesced the Company around a central, overarching vision of VIVE Reality, whereby merging technology with humanity to unleash the imagination will create a world where technology fades into the background and experiences come the forefront. This vision is today being described as the ‘metaverse’. HTC’s version of the metaverse is VIVERSE, an immersive, boundless universe of fantastic new experiences, and a seamless gateway to other content universes created in collaboration with partners.
Against a backdrop of prolonged market disruption caused by the ongoing pandemic, HTC maintained its engineering and design edge, delivering high quality hardware, software, platforms and services to markets including enterprise, education, arts, entertainment and healthcare. In particular, with business and leisure travel still restricted, practices adopted or accelerated during the first year of the pandemic largely sustained over 2021, and HTC saw virtual reality embraced by numerous industries and organizations to enhance their business processes.
Environment, Social and Governance (ESG) Topics have risen to prominence over the last few years and are now a significant consideration in investment decisions. As a global citizen, HTC is committed to these principles, and has transformed the original corporate social responsibility committee into the ESG committee, chaired by the Chairwoman. HTC also appointed its first Chief Sustainability Officer in Senior VP Madeline Chen, who will lead the charge for sustainability in HTC’s management, design, product, and manufacturing processes as well as in the supply chain, to contribute more actively to HTC’s environmental protection efforts, social responsibility and corporate governance. In order to achieve the long-term goal of sustainable development through continuous improvement, the ESG committee is working with all HTC colleagues to understand how their work can contribute to these objectives. In April 2022, HTC received the Silver Award by EcoVadis, the international sustainability rating platform. Among the 90,000 companies participating in the EcoVadis Corporate Sustainability evaluation in 2022, HTC ranked in the top 15%, highlighting HTC’s continued commitment and efforts to various fields of sustainable development.
HTC strives to increase environmental sustainability across its operations, improving manufacturing processes and quality standards as well as seeking areas to reduce emissions and increase power efficiency. This year, HTC attained management level (B- grade) in the climate change rating of the Carbon Disclosure Project (CDP). Waste reduction and resource recycling efforts continued to show results, with HTC’s waste recycling rate significantly increased over the last ten years, by 87%.
Looking ahead, HTC will continue to uphold VIVERSE' vision and the brand spirit of “Pursuit of Brilliance”, continue to innovate and focus on technology, optimize organizational resources and create value, uphold the right strategies, world-class talent, innovation and a heritage of innovation that will drive our next stage of growth. Throughout all of our operations and partnerships, HTC seeks to ensure the highest standards of environmental protection and R&D innovation, with a view to creating a better life for people. HTC strives to become a world’s leading brand, and you are welcome to give us support, encouragement and suggestions on HTC’s road to a sustainable future.
Chairwoman and CEO