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Sustainability Report 2017

43

Strategy Themes

Approaches

Targets for FY2017

FY2017 progress update

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 level

through related training

programmes

The risk registers of key functions have

been updated. We have been conducting

information security and privacy training

programmes.

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

We continued to measure the suppliers’

sustainability performance and ensure our

suppliers meet our CSR requirement.

Review our sustainability audit

scope and conduct annual audit

for all major suppliers

We have conducted annual audit for

all major suppliers and reviewed our

sustainability audit scope to develop a

more comprehensive audit structure.

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

Our total GHG emission for FY 2017

was 102,455 tonnes CO

2

e. Our Climate

Change policy has been reviewed and

reported on page 36.

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

We have identified a location to set up

the Volunteers Service Centre at our ELP

manufacturing site. The renovation is

expected to be completed in FY2018.

Continue to encourage more

employees to participate in local

charitable events

We have been organising a large variety

of local charitable events for employees.

Collaborate

with Local

Charities

Collaborate with local colleges

to establish manufacturing

courses for local engineering

students

VTech had provided internship

programme for engineering college

students and co-organised engineering

courses with the local university in

FY2017.

Training for

Young People

Organise various advanced

manufacturing workshops

with schools and colleges and

identify any potential innovative

technology research and studies

We had arranged plant tour for local

secondary school students in FY2017.

Nourish an

Innovative

Environment

Continue to promote healthy

eating at VTech canteen

We have provided healthy and organic

fruits that are picked from our organic

farm for our employees.

Develop

a Healthy

and Green

Community

Organised different recycling

workshops

We have organised different recycling

workshops for our employees.

Sustainable

Operating

Practices

Community

Investment