ViewSonic Releases 2024 ESG Report

(July 10, 2024) – ViewSonic Corp, a leading global provider of visual solutions, has released its 2024 Environmental, Social, and Governance (ESG) Report, covering the 2023 fiscal year. This report not only chronicles a year of advancements in product innovation, environmental sustainability, employee relations, and community engagement but also underscores ViewSonic's unwavering commitment to delivering a positive social impact.

In 2023, ViewSonic's transformation from a hardware-centric business to a leader in integrated hardware, software, and service solution earned industry accolades, underscoring the company’s digital transformation initiatives and its success in fostering an outstanding workplace environment. This transformation has propelled ViewSonic to leadership positions in the global interactive display and portable monitor markets. Mirroring this growth, the myViewBoard user base has expanded to over 10.5 million worldwide. Solidifying its leadership in the EdTech industry, ViewSonic has introduced its ClassSwift interactive learning platform and TeamOne software solutions.

ViewSonic went above and beyond mandatory compliance requirements in 2023, proactively adopting additional measures to ensure the company's products and operations set new benchmarks in environmental and social governance standards. The company reinforced its environmental sustainability commitments by pledging to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 and achieve net-zero emissions by 2050. To support these ambitious goals, ViewSonic expanded its product take-back service to over ten countries, reducing electronic waste and promoting sustainable practices globally. Additionally, all tier 1 suppliers were certified to ISO 14001, ensuring high environmental standards across the supply chain. These efforts, validated by the Science-Based Targets initiative (SBTi) in 2024, affirm ViewSonic’s dedication to sustainability.

Through impactful initiatives, ViewSonic uplifted global communities and advanced digital equity. As part of its Ecosystem-as-a-Service (EaaS) initiative, over 1,500 training sessions and workshops have been conducted as of 2023, benefiting thousands of educators. Collaborating with the Taiwan-Reyhanli Centre at the earthquake-affected Turkey-Syria border, ViewSonic equipped classrooms with ViewBoard interactive displays and created outdoor cinemas using laser projectors, providing much-needed educational and recreational opportunities for affected communities.

Beyond expanding access to quality education, ViewSonic made artistic, philanthropic, and cultural contributions in 2023. Its "4th ColorPro Awards: RISE" celebrated global artistic excellence with exhibitions in London, Ho Chi Minh City, and Taipei. Furthermore, ViewSonic supported charitable causes by matching and rounding up employees’ fundraising contributions, donating $30,000 to Make-A-Wish. The company also honored India's 75th Year of Independence by donating special edition “Azadi Ka Amrit Mahotsav” monitors.

ViewSonic 2024 ESG Report Highlights

ViewSonic’s Innovation

• Large Format Displays (LFDs): Launched the IFP52-1C series, ViewSonic’s first Taiwan Green Mark (TGM) certified LFD. Expanded EPEAT Silver certified IFP models by 233%, and bringing EPEAT and Energy Star compliance to 100% across LFDs. Reduced IFP carbon footprint by up to 24.43% compared to the previous generation.
• Monitors: Achieved EPEAT Gold certification for 4 monitors, raising overall EPEAT compliance to 61% across all models. Energy Star certification was achieved by 76% of models. New monitors introduced consume up to 16% less energy than their predecessors, and 15 models comply with TCO Certified Generation 9 standards.
• Projectors: All projector models feature an eco-mode. The LS740W became the industry’s first DLP projector to pass TCO Gen 9 pre-tests. Partnered with Microsoft to launch the X1-4K, the world’s first "Designed for Xbox" projector. New laser projectors with 3rd-gen laser phosphor technology are 20% brighter, more efficient, and 32% more compact.
• Software: The myViewBoard platform grew to over 10.5 million users in 2023, enriched by ViewSonic Originals integration, which offers a wealth of interactive lesson resources developed with major educational publishers. New tools, ClassSwift and TeamOne, were introduced to enhance teaching and collaboration.

Environmental Achievements

• Climate Action: Achieved Science-Based Targets initiative (SBTi) validation for near-term and net-zero emissions targets. Measured the carbon footprints of 190 models, resulting in a 28% increase in carbon footprint reporting year-on-year.
• Sustainable Product Development: Utilized green packaging for 84% of products, making 97% of packaging fully recyclable with 67% recycled content. Models like the IFP105S, VG2448a-2, VG2748a-2, and VG3456C feature halogen-free PCBs.
• Circular Economy & Supplier Standards: Expanded the product take-back service to over ten countries. All tier 1 suppliers are certified to ISO 9001 and 14001, with 83.3% also certified to ISO 50001 and 67% to ISO 14064-1.

Social Contributions:

• Workplace Recognition and Employee Engagement: Awarded “Best Companies to Work for in Asia 2023” by HR Asia and recognized by the Orange County Business Journal (USA) as a “Best Place to Work in Orange County” for third consecutive year. These accolades add to a series of 2022 workplace awards, including Best Workplaces™ of the Netherlands, UK’s Best Workplaces™ for Wellbeing, and Great Place to Work for Best Employer in Germany.
• Community & Education Initiatives: Grew the ViewSonic Educator Community to over 10,000 members worldwide. Supported global and local charities like Make-A-Wish and Turkey’s Taiwan-Reyhanli Centre. Conducted 1,500+ training sessions under the EaaS project as of 2023, benefiting thousands of educators.
• Cultural & Social Engagement: Hosted the 4th ColorPro Award “RISE” in London, Ho Chi Minh City, and Taipei. Screened all tier 1 suppliers based on societal impact, ensuring they signed the ViewSonic Social Responsibility Ethics Agreement and achieved ISO 45001 certification. Donated special edition monitors for India's 75th Year of Independence.

Governance Excellence:

• Governance in 2023: Held two ESG Committee meetings to advance ESG initiatives, ensured compliance with the conflict minerals policy for all monitors, projectors, and PG tier 1 suppliers, and received the HR Asia “Digital Transformation Award” for governance improvements.

For deeper insights into ViewSonic's contributions toward building a more sustainable future, read the full 2024 ESG Report here.

About ViewSonic

Founded in 1987 in California, ViewSonic is a leading global visual solutions provider with a presence in over 100 countries. The company leverages over 35 years of expertise in visual technology to deliver a comprehensive portfolio of hardware, software, content, and services. ViewSonic offers a wide range of products, with screen sizes spanning from 5 inches to a massive 760 inches. This includes interactive displays, large format displays, LED displays, pen displays, monitors, projectors, SaaS, AI services, interactive content, and more. This innovative ecosystem empowers education, workplaces, and individuals to foster creativity, collaboration, and seamless learning. ViewSonic focuses on designing products that deliver optimal performance and customer satisfaction while integrating sustainable production practices and upholding comprehensive environmental, social, and governance standards. The company's goal is to enable customers to "See the Difference". Learn more at www.viewsonic.com.