Corporate responsibility remains an important area of focus for Vitec. This is reflected by our employees who understand the importance of the right values and behaviours when carrying out their roles at Vitec.
It involves dealing with all our stakeholders – including customers, suppliers, shareholders, local communities in which we operate and with our own employees. The values and behaviours of our employees underpin our Business Model to ensure Vitec’s long-term success.
The Board has overall responsibility for corporate responsibility and considers and approves our key policies, including our Code of Conduct, Environmental Policy and Health and Safety Policy.
These policies set a standard for all businesses and employees worldwide. All of these policies are available on our website and are central to our approach on corporate responsibility.
The Board has delegated the coordination of our corporate responsibility efforts to Stephen Bird and, with the Operations Executive and senior management, we focus our efforts on the areas of business ethics, employees, community and charity, and environment. The size of our Group dictates that our approach to corporate responsibility must be flexible and pragmatic, focusing our resources where necessary to comply with legal requirements and to support our purpose. The Board and Operations Executive regularly consider the Group’s reputation and measures progress against our corporate responsibility objectives. Examples include: monthly health and safety performance reviews to learn important lessons in this vital area; whistleblowing reports independently investigated, with action taken where necessary; and regular training of employees ensuring the right corporate culture and good governance.
FTSE Group confirms that The Vitec Group plc has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index company FTSE Group, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards.
Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.