At ViTrox, we believe that consistent communication and understanding with all internal and external stakeholders are essential in our journey to becoming a reputable sustainable business entity with good corporate governance. The Group conducts continuous dialogues and information sharing with the relevant stakeholders in a timely, effective and transparent manner. The invaluable feedback from our stakeholders provides direction to our business as we grow to become a responsible corporate citizen.

We empower respective business divisions to assess the best approach to engage our stakeholders in our mission to achieve meaningful engagements that fulfil our stakeholders’ needs. We engage with our stakeholders across various channels and frequencies, from daily communications and weekly updates to quarterly follow-ups and annual meetings. In the context of sustainability, we place high importance on key stakeholders who significantly influence our business or are affected by our operational activities. We compiled information regarding the concerns of each group of stakeholders, the methods and frequency of engagements and our responses to the concerns raised in the table below.

Stakeholder Engagement Channel Sustainability Concern Main Focus of
Sustainability Matters
Key Communication Outcomes
Customers Annually
  • Operational audit and discussion
  • Exhibition and roadshow
Ongoing
  • Communication and discussion meetings
  • Customer satisfaction survey
  • Online customer support system (VCare)
  • User Group Meeting
  • Product innovation
  • Product quality
  • Customer service
  • Purchase experience
  • Sustaining long-term relationships
  • Information security
  • Demonstration of good ESG adherence and practices
  • Innovation and Product Excellence
  • Corporate Governance and Ethical Practices
  • Environmental Conservation and Preservation
  • Discussed and communicated product innovation and information with customers during customer visits
  • Conducted regular customer satisfaction surveys and collected feedback from customers on our products and services to strengthen long-term customer relationships
  • Planned for technology and product development and stimulated the sales and marketing strategies according to customers’ feedback
  • Executed Customer Experience Recovery Action programme to strengthen the customer experience
  • Ongoing upskilling training programmes for employees to enhance customer service quality and satisfaction
  • Conducted site installation and provided constructive consultation
  • Shared our core values with worldwide SCPs
Employees Annually
  • Appraisal and performance review
  • Annual company dinner
Quarterly
  • Employee satisfaction survey
  • Employee suggestion programme
  • Quarterly meetings
  • One-on-one meetings
Ongoing
  • Employee engagement programmes
  • Festival gatherings
  • Formal meetings and discussions
  • Special interest club activities
  • Training and development programmes
  • Team building programme
  • Volunteering activities
  • Sustainable growth and development of organisation
  • Career development and training
  • Frequent communication, discussion and engagement
  • Equal opportunity for career advancement
  • Law-abiding operations
  • Safe and healthy working environment
  • Employee relationship enhancement
  • Talent Attraction and Retention
  • Talent Development
  • Occupational Health and Safety
  • Human Rights
  • Employee Well-being
  • Corporate Governance and Ethical Practices
  • Continued to uphold the fundamental principles of ViTrox’s shared core values: I.A.C.T.G.
  • Identified and worked on improvement plans by respective business unit heads
  • Conducted Training Needs Analysis to meet the learning requirements of ViTroxians
  • Executed various learning and development initiatives with the support of learning and development platforms
  • Updated new policies in the employee handbook in a timely manner
  • Held club meetings and activities to improve employee relationships and well-being
  • Established Emergency Response Team to create a safe and healthy working environment
  • Communicated Anti-bribery and Corruption Policy (“ABCP“) and procedures through various platforms, including online learning
Investors/ Shareholders Annually
  • Annual report
  • Annual General Meeting
Quarterly
  • Quarterly financial results
  • Quarterly analyst briefing
Ongoing
  • Corporate website
  • Investor relationship channel
As required
  • Regular meetings and correspondence
  • Feedback to media enquiries
  • Business growth and expansion plans
  • Impact from the global economy on the Company’s operations
  • Timely communication of information
  • Demonstration of good ESG adherence and practices
  • Transparency in financial reporting
  • Risk management
  • Economic Performance
  • Innovation and Product Excellence
  • Corporate Governance and Ethical Practices
  • Climate Change and Energy Management
  • Environmental Conservation and Preservation
  • Responded to investors’ enquiries regarding issues that are material to the business in a timely manner
  • Issued press releases as and when needed to communicate important Company announcements
  • Conducted regular meetings with investors to explain the Company’s growth, expansion plans and adherence to ESG practices
  • Published financial reports regularly in a transparent manner
  • Published our ESG commitments, initiatives and key achievements on our ESG website (www.vitrox.com/esg/)
Suppliers Annually
  • Vendor performance assessment
  • Supplier Code of Conduct (“SCOC“)
  • Supplier Self-Assessment Questionnaire
  • Conflict Minerals Policy
Ongoing
  • Supplier selection via pre-qualification and registration
  • Regular meetings and correspondence
  • Strategic partnership
  • Raw material quality
  • Ethics, integrity and regulatory compliance
  • Corporate Governance and Ethical Practices
  • Supply Chain Management
  • Environmental Conservation and Preservation
  • Human Rights
  • Established good supplier relationships and fostered strategic partnerships
  • Communicated the ABCP and the SCOC and Conflict Minerals Policy to our suppliers
  • Set up the whistleblowing channel for non-compliance cases to be reported
  • Established a fair supplier sourcing process and conducted the regular performance assessment
Regulators Annually
  • Audit conducted by relevant authorities on Company’s assets
As required
  • Official correspondences and site visits
  • Participation in programmes organised by government bodies
  • Regulatory compliance
  • Supporting the country’s economic growth
  • Ethical business practices
  • Good corporate governance practices
  • Environmental and social impact
  • Economic Performance
  • Innovation and Product Excellence
  • Corporate Governance and Ethical Practices
  • Occupational Health and Safety
  • Human Rights
  • Environmental Conservation and Preservation
  • Complied with rules and regulations applicable to the Company’s business operations
  • Conducted proper planning before the scheduled inspections
  • Took corrective measures to improve areas highlighted in audit and inspection reports
Community Ongoing
  • Community engagement and corporate social responsibility programmes
  • V-Serve programme
  • ViTrox Foundation
  • Environmental protection
  • Local community activities involvement
  • Employee engagement and employee bond enhancement
  • Good corporate citizenship
  • Financial and non-financial contributions to local communities
  • Community Engagement
  • Climate Change and Energy Management
  • Human Rights
  • Waste Management
  • Water Management
  • Environmental Conservation and Preservation
  • Made contributions to medical donation, fundraising, education donation and sponsorship
  • Organised volunteering activities involving employees
  • Took relevant steps to respond to social issues and major events in the local community and recorded the impact of those steps
  • Made progress in environmental protection projects

Learn More

Copyright © ViTrox Corporation Berhad 200401011463 (649966-K). All Rights Reserved.      privacy policy  |  term of use