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VTECH SUSTAINABILITY PERFORMANCE
VTech Holdings Limited
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Strategy Themes
Approaches
Targets for FY2017
FY2017 progress update
Green
Manufacturing
Materials,
Waste and
Recycling
Recycle
materials
to minimise
waste and
conserve
resources
Continue to implement
automation process in the
material recycling station of
our factories to improve the
recycling efficiency
We had made continuous improvements
in our recycling rate. Compared to
FY2014, our recycling rate had increased
to 78%.
Continue to collect and analyse
the internal reuse and recycling
rate
We have been collecting the internal
reuse and recycling rate for further
analysis.
Logistics
Reduce the
environmental
impact from
shipment of
products
Continue to keep track of the
average loading capacity of
each container shipment
We have continued to use cargo
measuring software to optimise the
loading capacity. In FY2017, our cargo
loading capacity was maintained at 86%.
Continue to improve the
consolidation of shipment
volumes and shipping orders
with our business partners
We have continued to improve the
consolidation of shipping volume and
shipping orders and maintain our loading
capacity at 86%.
Communication
and Staff
Relations
Enhance our good staff relations
through various communication
channels and staff activities
Continue to encourage open
communications at all levels
of the Company and facilitate
employees to voice their
opinions through various
communication channels
VTech has regularly provided updates
for employees and conducted employee
satisfactory survey.
Continue to provide different
types of staff activities for our
employees
We had offered new staff activities
for employees, such as ukulele class,
new excursion tours and team building
activities. In FY2017, we increased
the number of participants in our staff
activities by 4.4 % to 286,000 compared
with FY2016.
Advancement in
Careers
Foster a continuous learning
environment and encourage
employees to develop and
advance their careers in VTech
Continue to review the training
needs of staff, evaluate the
training content and increase
the number of training courses
for the career development of
our employees
We have reviewed the training need of
the staff and based on the feedback
from our employee, we have added the
new training courses such as Intellectual
Property Protection and Psychological
Wellness.
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
HR policies have been updated regularly
with reference to the latest statutory
requirements.
Continue to provide training and
conduct employee surveys in
the areas of labour and human
rights
In FY2017, we had provided over
1,127,900 hours of training to our
employees.
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
introduce workplace stretching
exercises to all workers
We had added new health and safety
training courses, and workplace
stretching exercise at different production
floors. Health and safety training per
headcount has increased by 175.9%
compared with FY2016.
Perform monthly Environment,
Health and Safety (EHS) internal
audit
We have continued to conduct monthly
EHS internal audit and reinforced the
ergonomic technique at workstation.
Continuously upgrade the
facilities in the living areas of the
factories
We had upgraded the facilities in the living
areas of our factory regularly.
Environmental
Protection
Workplace
Quality