• Replace fossil-based virgin plastic by sustainable materials such as recycled, reclaimed, recyclable, plant-based plastics, or Forest Stewardship Council (FSC) certified wood
• Continue to engage post-consumer recycling programme for VTech products in our major markets

• Reduce Greenhouse Gas (GHG) emission per production output in both assembly and plastic factories by 10% and 8% compared with FY2020
• Increase renewable energy use by 100% compared with FY2020
  
• Maintain the recycling rate of reusable materials at or above 75% 
  

• Transition to GRI Standards 2021 for sustainability reporting
• Expanded the range of ELPs made from reclaimed plastic, recycled PET bottles or FSC-certified materials
  
• Introduced a new series of hotel phones made from recycled PET bottles
• Accelerating the installation of solar panels at manufacturing sites

• Launched a variety of green ELPs made from bio-based plastic, recycled polyethylene terephthalate (PET) bottles and FSC certified wood
• Launched the first green hotel phone using recycled PET bottles
• Adopted climate scenarios in climate risks assessment

Started to develop ELPs made from plant-based or reclaimed plastics, and source wooden materials from Forest Stewardship Council certified forests

• Incorporated the UN SDGs in the development of sustainability strategy 
• Developed the second 5-year VTech Sustainability Plan 2025 
• Disclosed climate-related initiatives using TCFD’s framework

• Set up an internal database to better monitor our sustainability data and targets
• Developed the first 5-year VTech Sustainability Plan 2020

• Refined the Corporate Social Responsibility (CSR) management structure to a holistic sustainability framework 
• Renamed VTech’s Risk Management Committee to Risk Management and Sustainability Committee (RMSC) at the Board of Directors level 
• Set up VTech sustainability management subcommittees, comprising key employees from different product lines and relevant departments

Introduced the concept of CSR and disclosed related initiatives in our annual report