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VTech Holdings Limited
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VTECH APPROACH
Strategy Themes
Approaches
Targets for FY2017
Targets for FY2020
Sustainable
Operating
Practices
Business
Continuity
Management
Mitigate the potential operational
risks and increase our resilience
capability to resume the
operation in an effective and
timely basis
Annual risk registry update
and assessment. Raise the
awareness of information
security and privacy amongst
our employees at all levels
through related training
programmes
Annual risk registry update
and assessment
Supply Chain
Management
and
Procurement
Practice
Manage our supply chain in a
socially and environmentally
responsible manner and source
from approved suppliers
who meet our VTech’s CSR
requirements
Measure suppliers’
sustainability performance
Ensure our suppliers meet
our CSR standards
Review our sustainability audit
scope and conduct annual
audit for all major suppliers
Develop an e-procurement
platform to interact with
suppliers in a more consistent
and eco-friendly manner
Climate Change
Policy
Ensure our business strategies
are not only accounted for
longer term trajectory of
climate change, but also
sufficiently flexible to respond
to the inevitable changes in the
business environment
Disclose our total GHG
emissions annually and review
VTech’s Climate Change
Policy with reference to
the international and local
standard
Disclose our total GHG
emissions annually and
review VTech’s Climate
Change Policy with reference
to the international and local
standards
Community
Investment
Support People
in Need
Use our expertise and resources
to support the communities in
which we operate
Set up Volunteers Service
Centre at our manufacturing
site and provide relative
volunteer trainings
Increase the total number of
VTech volunteers to 2,000
and total voluntary hours by
10% compared with FY2014
Collaborate with
Local Charities
Continue to encourage more
employees to participate in
local charitable events
Collaborate with corporate
philanthropies and participate
in more local charitable
events
Provide Training
Opportunities for
Young People
Collaborate with local colleges
to establish manufacturing
courses for local engineering
students
Sponsor local science
activities for young people
and provide science
scholarship for local technical
institutes
Nourish an
Innovative
Environment
Organise various advanced
manufacturing workshops
with schools and colleges
and identify any potential
innovative technology
research and studies
Establish funding for
innovative technology
research and science studies
Develop
a Healthy
and Green
Community
Continue to promote healthy
eating at VTech canteen
Provide (weekly) healthy
menu for employees to
choose at VTech canteen
Organise various recycling
workshops and participate in
local green activities
Organise VTech green day (in
all operation locations)