“ViTrox believes that the Company’s existence is to be a force for good, contributing to the advancement of the society and well-being of humankind through technological innovation and breakthroughs.”
Sustainability is fundamental to ViTrox’s operations. Since our inception, we have always strived to achieve sustainable growth in our core businesses by providing world-leading vision inspection solutions and embedded electronics solutions to our worldwide customers. We are constantly building a harmonious relationship with all stakeholders, including customers, employees, shareholders, suppliers and the authorities in the community and countries where we are operating. We fulfil our obligations as a responsible and conscious organisation to pursue a sustainable future, aligning with our corporate governance commitment.
Environmental, Social and Governance (“ESG”) has been rooted since the establishment of our Company. Our founders and ViTroxians consciously operate the business with uncompromising integrity, trust and respect, fair and transparent with a frugal and prudent lifestyle. We also focus on providing our customers with advanced, innovative and cost-effective vision inspection solutions to inspect faulty parts in the manufacturing factories. The ultimate goal is to reduce the global e-waste generated from the manufacturing processes. Since the early days, we have continued practising frugality, fairness and respect for all, and treating everyone with sincerity, integrity, honesty, gratitude and care. Our daily practices of these core values are the first and essential steps toward our ESG practices for a sustainable future.
Our core values, I.A.C.T.G.; an acronym for Integrity, Accountability, Courage, Trust & Respect, Gratitude & Care, are our guiding principles to do the right things in our day-to-day dealings with all our stakeholders.
We believe that the Company has obligations not only to our shareholders but also to all stakeholders, including customers, employees, suppliers, the community and Mother Nature. We aim to coexist with Mother Nature while growing our organisation forward to better serve our customers with state-of-the-art vision inspection and embedded electronics solutions globally.
Over the years, ViTrox has taken many concrete steps in helping our people and giving back to our society through various upskilling and uplifting activities. We encourage our people to participate in various internal and external volunteering activities to impact the world positively.
ViTrox established the ESG Steering Committee and ESG Working Group in 2021, teamed with senior management to set the Company’s future ESG strategies and formulate concrete action plans in promoting ESG practices and culture within ViTrox and our supply chain. We strive to amplify our commitments and purposes in contributing to the advancement of the society and well-being of humankind.
We are committed to supporting and adopting the United Nations Sustainable Development Goals (“UN SDGs”) to end poverty, protect the planet and ensure prosperity for all. This commitment is well-aligned with ViTrox’s purpose, vision and mission.
With a grateful heart, I would like to thank our Board of Directors for their support and guidance in the ESG initiatives and our ViTroxians for continuously doing the right things with I.A.C.T.G. core values in serving our customers and all stakeholders for a better world. It is our pleasure to present to you through our Report or our ESG website at www.vitrox.com/esg/ our initiatives to make our Company and the world a better place. Together, we build a sustainable and beautiful future.
Chu Jenn Weng
ESG Steering Committee Chairman