VTECH APPROACH
As part of our sustainability management system, we have outlined our activities and targets to be achieved in the financial year
2015 (FY2015) in the following table. It is our intention to report our performance progress against the targets in the subsequent
sustainability reports by using the FY2014 key performance indicators as the baseline in the respective areas.
Summary of Sustainability Strategies and Targets
Strategy Themes
Aspects
Approaches
Targets for FY2015
Product
Responsibility
& Innovation
Customer health
and safety
VTech ensures that its
products meet the highest
safety standards and
contribute to the protection
of our customers
•
Zero product recalls, fines
or penalties relating to non-
compliance with regulations
•
Increase sales by 2% for
health and safety related
products to customers
•
Develop innovation concepts
which enhance the health
and safety of the user
Product design
Incorporate sustainability
concepts into product design
to reduce carbon footprint
and resource used
•
Undertake life cycle analysis
for 2 key products to
reduce the carbon footprint
throughout the product
life cycle
•
2 case studies demonstrating
the impact of Life Cycle
Assessment (LCA) and eco-
design techniques reducing
the impact of the product
Environmental
Protection
Energy
Reduce the energy used
in our manufacturing and
living facilities
•
Reduce electricity
consumption (kWh) per sales
by 4% against FY2014
•
Phase out the use of diesel in
all static appliances
Carbon
emissions
Reduce GHG emission
•
Reduce GHG emission by 2%
against FY2014
•
Undertake feasibility study
for solar photovoltaics at one
manufacturing site
•
Collect data for refrigerant
gas releases to complete
scope 1 reporting
Water
consumption
and effluent
treatment
Reduce water usage and
effluent through filtering
water in our processes,
and install water efficient
hardware
•
Reduce water consumption
per headcount by 2% against
FY2014
•
Examine opportunities for
rainwater harvesting
Waste and
recycling
Recycle material to minimise
waste and conserve
resources
•
Increase to 75% recycle rate
of non- hazardous waste
Logistics
Reduce the environmental
impact of product transport
•
Develop a carbon reporting
methodology for transport to
better reflect improvements
•
Increase the loading capacity
of each shipment to 80%
•
Increase by 10% for the
usage rate of 40” High Cube
containers against FY2014
VTech Holdings Limited
8
