KUALA LUMPUR, MALAYSIA - 15 OCTOBER 2024 - ViTrox has earned two gold awards at The Edge ESG Awards, marking its third consecutive year of recognition for excellence in Environmental, Social, and Governance (ESG) initiatives. The company was honoured as the best performer in the Technology sector and for "Most Improved Performance Over 3 Years" among companies with a market capitalisation of over RM5 billion.
President and Group CEO Dato’ Chu Jenn Weng stated, "Our ESG strategy is rooted in our core values of I.A.C.T.G. (Integrity, Accountability, Courage, Trust & Respect, and Gratitude & Care). We don't pursue these initiatives merely for compliance, but because we genuinely believe in their value."
ViTrox's commitment to ESG principles has yielded impressive results. In 2023, ViTrox achieved a ranking in the top 3% percentile by FTSE Russell, scoring 4.7 out of 5 on ESG metrics. This places ViTrox among the leading performers in the Technology Supersector, highlighting its dedication to sustainability and ethical business practices.
Despite facing a challenging global economy last year, characterised by high inflation, overstock issues and geopolitical tensions, ViTrox maintained its focus on sustainability. The Company implemented a strategic approach, including quarterly ESG meetings to enhance cross-department collaboration and align strategies with sustainability goals.
