Vtech 2016 Annual Report Download - page 27

Sustainability Management
At VTech, the Risk Management and Sustainability Committee
(RMSC) is chaired by Dr. Allan WONG Chi Yun with Dr. PANG
King Fai, Mr. Andy LEUNG Hon Kwong, Mr. WONG Kai Man,
Ms. Shereen TONG Ka Hung and Mr. CHANG Yu Wai, as
members – a combination of executive Directors, independent
non-executive Directors and senior management.
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
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
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 process in place to ensure that any identified issues
are dealt with at the appropriate level of the Company.
In order to ensure that our sustainability strategies are
carried out effectively and consistently throughout the
organisation, our RMSC has also formed the Sustainability
Sub-Committees comprising key employees from the
Company’s different product lines and relevant departments.
We have organised our sustainability approach into the five key
areas across the Company.
Risk Management and Sustainability Committee
Sustainability Sub-Committees
23VTech Holdings Limited Annual Report 2016