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VTECH APPROACH
VTech Holdings Limited
12
Strategy Themes
Approaches
Targets for FY2018
Targets for FY2020
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. Continue
to 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
Continue to 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
Support People
in Need
Use our expertise and resources
to support the communities in
which we operate
Provide volunteer trainings to
employees
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
Partner with local educational
institute and support
innovative science events
Establish funding for
innovative technology
research and science studies
Develop
a Healthy
and Green
Community
Increase the number of
healthy dishes options at
canteens
Provide (weekly) healthy
menu for employees to
choose at VTech canteen
Organise Green day to
promote green lifestyle among
employees
Organise VTech green day (in
all operation locations)
Organise various recycling
workshops and participate in
local green activities
Strategy Themes
Approaches
Targets for FY2018
Targets for FY2020
Environment for
Our People
Provide a supportive, pleasant
and healthy workplace for
our staff and foster a caring
community in our working
environment
Continue to add new health
and safety training courses and
workplace stretching exercises
to all workers
Maintain the loss of working
hours due to injuries in
manufacturing facilities at or
below 0.01%
Perform monthly Environment,
Health and Safety (EHS)
internal audit
Zero work related fatality case
Continuously upgrade the
facilities in the living areas of
the factories
Maintain employee
satisfaction at or above
average level based on the
employe satisfaction survey
Workplace
Quality
Sustainable
Operating
Practices
Community
Investment