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Sustainability Report 2017

7

Risk Management and Sustainability Committee

Sustainability Sub-Committees

Product Responsibility & Innovation

• Design products for the well-being of people and for the benefits of society

• Design products to ensure that they are of good quality and compliant with the highest safety standards

• Incorporate sustainability concepts into our product design

Environmental Protection

• High Performance Production Chain – maximise our resources efficiency and improve productivity

• Green Manufacturing Practice – minimise the environmental impacts from our operations

• Sustainable Logistic Chain – improve operational efficiency and reduce carbon emissions throughout the

transportation process

Workplace Quality

• Enhance our good staff relations through various communication channels and staff activities

• Foster a continuous learning environment and encourage employees to develop and advance their careers in

VTech

• Respect the labour and human rights of all our employees with clearly defined human resources management

policies

• Provide a supportive, pleasant and healthy environment for our employees

Sustainable Operating Practices

• Business Continuity Management – identify and mitigate our potential operational risks and increase our

resilience capability

• Sustainable Supply Chain Management – manage our supply chain in a socially and environmentally

responsible manner and source from approved suppliers who meet VTech’s Corporate Social Responsibility

requirements

• Climate Change Strategy – minimise the carbon emissions from our operations, and work closely with our

suppliers and customers through enhancing our environmentally friendly product designs and sustainable

operating practice

Community Investment

• Use our expertise and resources to develop community investment programmes focusing on:

– Supporting people in need

– Collaborating with local charities

– Providing training opportunities for young people

– Nourishing an innovative environment

– Developing a healthy and green community

VTech’s Sustainability Management

At VTech, our RMSC provides

vision and strategic direction for our

sustainability activities to ensure that

we stay on track and in balance with

the three sustainability dimensions of

economic, environmental and social

impacts at all times. The RMSC

is also responsible for reviewing

our sustainability strategies and

improvement activities, assessing

how the policies are implemented

in achieving the sustainability goals

and targets, and monitoring the

performance progress on a biannual

basis. We also have an escalation

investments from economic,

environmental and social aspects, and

sharing new and significant industry

sustainability concerns with the

committee members on a biannual

basis.

In order to ensure that our sustainability

strategies are carried our effectively and

consistently throughout the Company,

we have organised our sustainability

approach into the five key areas across

the Company’s product lines with the

following missions:

process in place to ensure that any

identified issues are dealt with at the

appropriate level of the Company.

Our RMSC has also formed the

Sustainability Sub-Committees

comprising key employees from the

Company’s different product lines and

relevant departments. Our Sustainability

Sub-Committees are responsible

for monitoring the progress of our

sustainability activities compared with

targets in their responsible product

lines and functions, evaluating

and determining the sustainability