VTech Holdings Limited
10
VTECH APPROACH
Strategy Themes
Approaches
Targets for FY2016
Targets for FY2020
Environmental
Protection
Green
Manufacturing
Materials,
Waste and
Recycling
Recycle
materials
to minimise
waste and
conserve
resources
Introduce automation process
in the material recycling
station of our factories
to improve the recycling
efficiency
Maintain the recycling rate of
the reusable materials at or
above 70%
Set up a system and
database to collect and
analyse the internal reuse and
recycling rate
Introduce food waste
decomposer in the canteens
of our factories to transform
the food waste into organic
fertiliser
Logistics
Reduce the
environmental
impact from
shipment of
products
Continue to keep track of the
average loading capacity of
each container shipment
Maintain the average loading
capacity of each container
shipment at or above 80%
Continue to improve the
consolidation of shipment
volumes and shipping orders
with our business partners
Maximise the usage of
ocean and rail freight for
long distance and inland
shipments respectively
Workplace
Quality
Communication
and Staff
Relations
Enhance our good staff relations
through various communication
channels and staff activities
Encourage open
communications at all levels
of the Company and facilitate
employees to voice their
opinions through various
communication channels
Maintain employee
satisfaction at or above
average level based on the
employee satisfaction survey
Continue to provide different
types of staff activities for our
employees
Maintain average staff
turnover rate at or below 12%
Advancement
in Careers
Foster a continuous learning
environment and encourage
employees to develop and
advance their careers in VTech
Upgrade the e-learning
platform and increase the
number of training courses for
the career development of our
employees
Maintain average training
hours per employee at or
above 20 hours
Review the training needs
of the staff and evaluate the
content and result of training
course on regular basis
Respect of
Labour and
Human Rights
Respect the labour and human
rights of all our employees with
clearly defined human resources
management policies
Continue to update
our human resources
management policies in
accordance with the latest
statutory requirements
Increase number of staff with
years of service longer than
5 years by 10% compared
with FY2014
Continue to provide training
and conduct employee
surveys in the areas of labour
and human rights
