In 2023, ViTrox again demonstrated organisational excellence by securing prestigious titles in the Best Managed Companies and The Edge ESG Awards. Building on the previous year's success, these dual achievements solidify our threefold commitment to excellence, innovation and sustainability which illustrates the Company's positive and enduring impact.
Deloitte's initiative, the driving force behind Best Managed Companies 2023, specifically applauds top Malaysian private companies listed on Bursa Malaysia with annual revenue exceeding USD50 million. The Best Managed Companies programme diligently evaluates businesses based on four (4) pillars: strategy and quality management, capabilities and innovation, culture, commitment, governance and financials. ViTrox's triumph in these critical areas underscores its impact and steadfast dedication to continuous improvement.
ViTrox's commitment to ESG initiatives again took centre stage as the Company clinched the Gold award for the “Most Improved Performance Over 3 Years” at The Edge ESG Awards 2023. This significant accomplishment marks the second (2nd) consecutive year of recognition by The Edge. ViTrox ascended from silver to gold this year proving the testament of our Company’s efforts in ESG practices. Collaboratively presented by The Edge, Bursa Malaysia and FTSE Russell, The Edge ESG Awards acknowledges ViTrox's outstanding efforts in the equity category, considering its substantial market capitalisation of over RM5 billion.
President and Group CEO Mr Chu Jenn Weng stated that ESG at ViTrox is not just a box to check off but a reflection of ViTrox’s internal values. “What sets ViTrox apart in our industry is our unwavering commitment to our core values: I.A.C.T.G. (Integrity, Accountability, Courage, Trust & Respect, Gratitude & Care). The core values are our guiding principles to do the right things in our day-to-day dealings with all our stakeholders. We also seek guidance from experts and role models and then do what we genuinely believe is the right thing.”
