OUR ESG AND SUSTAINABILITY STORY
Since the start of the Covid-19 pandemic in 2020, our primary concern has been the safety of our employees and their families. We have dedicated our time and efforts to strategically improving business continuity, to protect our people and their positions and our customers. We are happy to confirm that those efforts have been successful, and we continue to thrive despite the challenges we all face.
We continue our efforts of becoming a more environmentally sustainable organization by digitalization efforts, developing tools that enable reduction of paper usage, transitioning to sustainable energy sources, and altering our purchasing habits to use more sustainable products for day-to-day consumption in all our labs and offices.
We remain dedicated to promoting good governance throughout the organization. We find constant and unswerving effort must be put in to operate an ethical and fair business. Sustainability is linked to every portion of our business such as in operations, management, investments, relationships, and future development. Sustainability is an integral part of V-TIC’s past, present and future and we believe that our continued commitment to sustainability will have a significant impact on our society.
The sustainability management team at V-TIC Services monitors the performance of various ESG indicators continuously. We understand the critical nature of identifying and prioritizing material issues affecting our business and stakeholders. As a result, we conduct a materiality assessment to identify and rank related ESG topics to ascertain current sustainability strategy priorities.
In this assessment, external stakeholders have given priority to Governance factors like Anti-corruption & Anti-bribery, Regulatory & Legal Compliance, Cyber Security & Data Protection, while Internal stakeholders focus more on factors like Economic Performance & Business Strategy, and Health & Safety.