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VTECH APPROACH
VTech Holdings Limited
8
VTech Sustainability
Progress
During our sustainability journey since
FY2006, VTech has successfully
developed our sustainability strategies
with a vision to design, manufacture
and supply innovative and high quality
products in a manner that minimises
any impact on the environment,
while creating sustainable value
for our stakeholders and the
communities in which we operate.
Sustainability Progress and Targets
VTech constantly reviews and monitors
its sustainability progress along the
business development. We recognise
that we have to build on the foundation
that we have established and started
our sustainability journey since FY2006.
• Introduced the concept of Corporate
Social Responsibility (CSR) and the
related activities in our annual report
FY2006 to FY2011
• Refined the CSR management
structure to a holistic sustainability
framework, focusing on :
1) Product Responsibility &
Innovation,
2) Environmental Protection,
3) Workplace Quality,
4) Sustainable Operating
Practices, and
5) Community Investment
• Renamed VTech’s Risk Management
Committee to Risk Management and
Sustainability Committee at the Board
of Directors level
FY2013
• Established our four core areas on
CSR : Environment, Employees,
Shareholders and Community
FY2012
• Closely monitor our sustainability
progress and work along with the
VTech Sustainability Plan 2020
• Set new targets within our
sustainability framework to make
further improvements for our
sustainability development and
enhance the VTech Sustainability Plan
2020
FY2016
• Completed the acquisition of
LeapFrog, Snom and fixed assets of
Kenny Precision Products (Shenzhen)
Company Limited
• Integrated and aligned sustainability
strategies and management systems
to the newly acquired businesses
• Continue to incorporate sustainability
aspects into our business strategies
and activities to achieve our short-
term and long-term sustainability
targets in FY2020
FY2017
• Set up VTech sustainability
management sub-committees,
comprising key employees from the
Company’s different product lines
and relevant departments
• Defined VTech sustainability
vision and strategies
• Published our first Sustainability
Report following the Core option of
GRI G4 Guidelines
FY2014
• Set up an internal database to better
monitor our sustainability data and
targets
• Published our annual sustainability
report following the Core option
of GRI G4 Guidelines and Stock
Exchange ESG Guide
• Developed VTech Sustainability Plan
2020
FY2015