VTech Holdings Limited
8
VTECH APPROACH
Sustainability Progress
and Targets
VTech constantly reviews and monitors
its sustainability progress along the
business development. We recognise
that we have to build on the foundation
that we have established and started
our sustainability journey since FY2006.
VTech Sustainability
Progress
During our sustainability journey since
FY2006, VTech has successfully
developed our sustainability strategies
with a vision to design, manufacture
and supply innovative and high quality
products in a manner that minimises
any impact on the environment, while
creating sustainable value for our
stakeholders and the communities in
which we operate.
• Introduced the concept of CSR and
the related activities in our annual
report
• Established our four core areas on
CSR : Environment, Employees,
Shareholders and Community
• Refined the CSR management
structure to a holistic sustainability
framework, focusing on :
1) Product Responsibility &
Innovation,
2) Environmental Protection,
3) Workplace Quality,
4) Sustainable Operating
Practices, and
5) Community Investment
• Defined VTech sustainability
vision and strategies
• Published our first Sustainability
Report following the Core option of
GRI G4 Guidelines
• Set up an internal database to better
monitor our sustainability data and
targets
• Published our annual sustainability
report following the Core option
of GRI G4 Guidelines and Stock
Exchange ESG Guide
• Developed VTech Sustainability Plan
2020
• Closely monitor our sustainability
progress and work along with the
VTech Sustainability Plan 2020
• Set new targets within our
sustainability framework to make
further improvements for our
sustainability development and
enhance the VTech Sustainability Plan
2020
FY2006 to FY2011
FY2013
FY2015
FY2012
FY2014
FY2016
• Renamed VTech’s Risk Management
Committee to Risk Management and
Sustainability Committee at the Board
of Directors level
• Set up VTech sustainability
management sub-committees,
comprising key employees from the
Company’s different product lines
and relevant departments