Hanshow proudly presents its 2023 Sustainability Report, showcasing our deep-rooted commitment to the United Nations Sustainable Development Goals (SDGs) and our drive toward a more sustainable, responsible world of retail. Following the rigorous Global Reporting Initiative (GRI) standards, this report reveals Hanshow’s milestones in creating a greener, digitally connected retail ecosystem, with advances in information security, product responsibility, strategic partnerships, and eco-friendly operations.
Hanshow 2023 Sustainability Report
Transforming Retail with Green Innovation
Through our EPIIC Sustainable Development Strategy, Hanshow is integrating cutting-edge technology with sustainable practices to redefine the future of retail. From making “green” a core component of physical retail to enabling smarter, greener transformation, our innovations are pushing the industry toward a new era—one where digital and environmental responsibility go hand in hand.
A Strong Foundation for Sustainable Growth
Hanshow has built a robust ecosystem that puts sustainable governance at the forefront of our business. This year, we’ve refined our ESG materiality matrix, targeting 26 key areas, each with tailored action plans to reinforce responsible governance. In 2023, we achieved SOC 2 audit certification, further strengthening our commitment to information security and privacy. Our enhanced risk management system not only safeguards our enterprise but also supports ethical business practices that benefit society.
Commitment to Social Responsibility and Environmental Care
With an investment of RMB 168.4 million in R&D, Hanshow is shaping the future of retail with pioneering advancements in IoT, cloud computing, and AI. Our 2024 White Paper on the Future of Physical Retail calls for green digitalization across the industry, and we’re taking strides internally, signing the UN Women’s Empowerment Principles (WEPs) and ensuring 37.18% of our workforce is female, underscoring our commitment to diversity and inclusion.
On the environmental front, Hanshow is going all-in on low-carbon initiatives and resource efficiency. Our recent ISO14001:2015 environmental certification reflects our dedication to sustainability, with initiatives in waste recycling, water conservation, emissions reduction, and energy management that are setting new industry standards.
Creating a Greener, Smarter Retail Experience
Hanshow’s suite of green digital solutions, from electronic shelf labels and digital displays to AI-powered shopping carts and cameras, empowers retailers to operate more efficiently, cut resource use, and deliver better customer experiences. Together with leading partners like Microsoft, Intel, E Ink, Leroy Merlin, Sephora, and Too Good To Go, we’re building retail spaces that are as responsible as they are innovative, supporting sustainable consumption and positive change.
"Hanshow has remained committed to driving high-quality industry development through innovative digital solutions. By leveraging technological innovation, we strive to lead our employees, valued customers, and global partners in creating a green, sustainable, and digital retail ecosystem, together shaping a more sustainable future”, says Shiguo Hou, CEO of Hanshow.
Hanshow remains focused on empowering retail clients with forward-thinking transformation tools that build brand trust, foster greener supply chains, and enable sustainable growth. With a vision for high-quality, eco-friendly digital retail, we’re shaping a future that benefits the environment, society, and governance alike. Join us on this journey to drive positive change in retail and beyond.
