VTech Holdings Limited
44
VTECH SUSTAINABILITY PERFORMANCE
Aspects
Approaches
Targets for FY2015
FY2015 Progress Updates
Workplace
Quality
Staff welfare
and employee
communication
Increase staff’s sense
of well﹣being and
belonging, improve
performance and
retention rate
Improve overall employee
satisfaction results in employee
satisfaction survey by 5%
The employee satisfaction survey results
remained stable throughout the 3 quarters in
FY2015. We will continuously keep track of
the feedbacks from our employees to improve
their satisfaction level on our living and working
environment.
Increase participation in staff
welfare activities by 10%
The number of staff activities had successfully
increased by 24.4% compared with FY2014.
Decrease average staff turnover
rate by 5%
The average staff turnover rate of workers
decreased by 3.4% compared with FY2014.
Occupational
health and safety
Provide a safe
working environment
for employees
Monthly health and safety audit
Health and safety audit is conducted monthly at
all manufacturing sites.
Reduce loss of working hours
rate by 10% against FY2014
The loss of working hours due to injuries in
manufacturing operations reduced by 45.3%
compared with FY2014.
Increase compulsory health
and safety training for all new
workers in the manufacturing
sites by 3 hours
The compulsory health and safety training has
been added as part of the orientation session for
all new employees.
No work-related fatality case
Workplace safety is our number one priority. We
had no work related fatality case in FY2015.
Anti-corruption
We emphasis
business integrity
and have zero
tolerance for
corruption
Increase training hours on
anti-corruption by 10% against
FY2014
We had organised more anti-corruption training
sessions at different sites in FY2015 and our
training hours on anti-corruption also increased
by 31.6%.
Best in the class of business
ethics, with zero non-
compliance with laws and
regulations
To uphold the best in class business ethics,
we continue to strictly follow the local laws and
regulations. There was no non-compliance case
with laws and regulations.
Sustainable
Operating
Practices
Supply Chain
Management
Improve the long-
term performances
of the Company
and operation
procedure, and
maintain a good
business practices
Provide CSR agreements to all
active suppliers for engagement
We have sent CSR agreements to all active
suppliers annually. The result is also closely
followed up by our purchasing team.
Expand on-site quality and CSR
audit scope to include energy
efficiency and carbon reduction
We have included the energy efficiency and
carbon reduction assessment items in our
audit checklist.
Community
Investment
Social investment
Support local
communities
development
Increase volunteer hours
by 10%
We have recruited more volunteers from our
China manufacturing sites in FY2015 and our
total volunteer hours also increased by 5 times
compared with FY2014.
