2025-05-14
SHANGHAI, China – [May 14, 2025] – CHC Navigation, a global leader in geospatial and positioning technology, today announced the release of its 2024 Environmental, Social, and Governance (ESG) Report. The report offers a detailed overview of the company’s performance and progress in key economic, environmental, social, and governance areas for the period January 1, 2024, to December 31, 2024. It aims to enhance transparency and engage stakeholders by addressing their expectations systematically.
Download CHC Navigation 2024 ESG Report
Environmental Stewardship
Launched R&D initiatives focusing on energy-efficient chips and modules, aligning with global climate goals.
Reduced carbon emissions through lightweight, low-power product designs, supporting industries such as precision agriculture and autonomous driving in minimizing environmental impact.
Achieved 100% compliance with wastewater, gas, and solid waste treatment regulations, adhering to stringent environmental standards.
Social Responsibility
Completed the fourth annual customer satisfaction survey, raising overall satisfaction to 74.9%, with Net Promoter Scores and customer loyalty reaching “Excellent” levels.
Invested in employee development by offering 527 training sessions, achieving 100% staff coverage, and establishing university partnerships, including a joint post-doctoral station and engineering master’s programs with Shanghai Jiao Tong University.
Supported disaster relief efforts and educational equity programs, including collaborations with schools in underserved regions.
Strengthened data security and customer privacy protocols, achieving zero breaches in 2024.
Governance Excellence
Maintained a “three meetings” governance structure to safeguard shareholder rights and uphold ethical decision-making.
Advanced digital transformation to enhance operational efficiency and strengthen risk management.
Aligned disclosures with global standards, including the UN Sustainable Development Goals (SDGs) and China’s CASS-ESG 6.0 guidelines.
George Zhao, Chairman and CEO of CHC Navigation, stated: "Our ESG journey reflects our commitment to creating value that goes beyond financial success. By embedding sustainability into both our R&D and operations, we aim to strengthen industries and communities, while preserving our planet for future generations."
CHC Navigation’s solutions are advancing digital transformation in sectors like geospatial mapping, smart cities, and robotics. In 2024, the company secured over 900 intellectual property rights and contributed to significant milestones, underscoring its technological expertise.
CHC Navigation (CHCNAV) develops advanced mapping, navigation and positioning solutions designed to increase productivity and efficiency. Serving industries such as geospatial, agriculture, construction and autonomy, CHCNAV delivers innovative technologies that empower professionals and drive industry advancement. With a global presence spanning over 140 countries and a team of more than 2,000 professionals, CHC Navigation is recognized as a leader in the geospatial industry and beyond. For more information about CHC Navigation [Huace:300627.SZ], please visit: www.chcnav.com
