TCL Electronics
Electronics
World's third-largest television manufacturer. They also make smartphones, white goods and air conditioners. Incorporated in the Cayman Islands.

Overall

Owned CHN
Rating F
About the Ratings

Company Ownership

TCL Electronics Holdings Ltd
HKG
TCL Technology Group Corporation
owns 52% of TCL Electronics Holdings Ltd
CHN
Electronics
World's third-largest television manufacturer, with 22 production sites worldwide.

Company Assessment

(Last updated Jul 2024)
TCL Electronics Holdings Ltd
Praise
CDP Climate Change score of B-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B-.
Source: CDP (2023)
Criticism
2/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 2/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
8.6% in Digital Inclusion Benchmark
The 2023 Digital Inclusion Benchmark ranks 200 companies on their responsibility to advance a more inclusive digital society. The companies were assessed using four measurement areas: access, skills, use and innovation. This company ranked #181/200, with a total score of 8.6/100.
Supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 26/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
Workers rights in China
A 2023 report by China Labor Watch investigated labour conditions in China's consumer electronics sector using three stages of research: analysis of social media posts, case studies through online research, and in-person factory investigation. Labour abuses identified in factories supplying this company include excessive working hours, deception, high labour intensity, wage theft and wage arrear, and retention of identity documents.
TCL Technology Group Corporation
Criticism
Supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 17.36/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
CDP Climate Change score of D
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of D.
Source: CDP (2023)
26/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 26/100 in the Leisure Equipment & Products and Consumer Electronics category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 27 Oct 2023). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Part owned by Govt of China
TCL was originally founded as a state-owned enterprise, and became a publicly traded company in 2004. However TCL is still partially owned by the government of China, which has an overall Shop Ethical rating of 'F'.
Information
How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
CDP Water Security score of C-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of C-.
Source: CDP (2023)
> About the Icons

Company Details

Type:
Public company
Subsidiaries:
TCL Electronics Australia Pty Ltd
Television distributors
TCL was founded in 1981 in China, and has grown to be the 3rd largest manufacturer of panels in the world. TCL has a presence in 78 countries and employs over 75,000 people. TCL Australia was founded in 2004.

Contact Details

Address:
Hong Kong (China)
Website:
electronics.tcl.com

Products / Brands

TCL Australia
Ffalcon Televisions
TCL Heating & Cooling
TCL Soundbars
TCL Computer monitors
TCL Washing Machines & Dryers
TCL Televisions
TCL Fridges & Freezers
TCL Smartphones
TCL Australia / Nokia (brand owner)
Alcatel Smartphones