Strategy Themes
Aspects
Approaches
Targets for FY2015
Workplace
Quality
Training and
development
All staff receive suitable
training and are able to
develop a career path within
VTech
•
Increase the average
training hours per employee
by 10% against FY2014
•
Increase the total
number of participants
in VTech College at the
manufacturing
sites by 10%
•
Upgrade training facilities
Staff welfare
and employee
communication
Increase staff’s sense of
wellbeing and belonging,
improve performance and
retention rate
•
Improve overall employee
satisfaction results in
employee satisfaction
survey by 5%
•
Increase participation in staff
welfare activities by 10%
•
Decrease average turnover
rate by 5%
Occupational
health and
safety
Provide a safe working
environment for employees
•
Monthly health and safety
audit
•
Reduce loss of working
hours rate by 10% against
FY2014
•
Increase compulsory
health and safety training
for all new workers in the
manufacturing sites by
3 hours
•
No work-related fatality case
Anti-corruption
We emphasise business
integrity and have zero
tolerance for corruption
•
Increase training hours on
anti-corruption by 10%
against FY2014
•
Best in the class of business
ethics, with zero non-
compliance with laws and
regulations
Sustainable
Operating
Practices
Supply chain
Ensure our suppliers
meet our environmental
and corporate social
responsibilities (CSR)
standards
•
Provide CSR agreements
to all active suppliers for
engagement
•
Expand On-site quality and
CSR audit scope to include
energy efficiency and
carbon reduction
Community
Investment
Social
investment
Support local communities
development
•
Increase volunteer
hours by 10%
Sustainability Report 2014
9
