Corporate Responsibility Statement

The Group believes that a firm commitment to Corporate Responsibility forms the basis of good corporate citizenship. Aligned with the Group’s business strategy, we endeavour to foster an environment to look after the interests of our key stakeholders – shareholders, investors, customers, suppliers and employees – in a socially responsible manner. This is reflected in our approach within the workplace environment, wider community and the marketplace. The leadership and management provided by our dedicated Environmental, Social & Governance (ESG) committee oversees this approach and also identifies, supports and coordinates activities aimed towards creating a positive impact.

The Workplace

The Group practises the principle of equal opportunities in career advancement and gives rewards commensurate with employees’ performance and merits.

The key features of our approach within the workplace can be observed through workplace diversity, health and safety, and employee training programmes. The diverse workforce ensures a potent combination of a young dynamic workforce and highly-experienced industry veterans to excel in this competitive ICT industry.

We continuously strive to provide a safe working environment for our employees. This is derived through scheduled office safety inspections, fire safety drills and risk awareness campaigns. The Group also promotes a healthy lifestyle through the availability of a health corner allowing employees to monitor their weight and blood pressure. Physical activity and teamwork are encouraged through the activities organised by the Sports Club.

The Group recognises the importance of continual investment in our employees to adequately raise their skill levels commensurate with the ever-evolving Information and Communications Technology (ICT) sector. Internal and external training programmes are organised to deliver a holistic training experience to our employees. This ensures that the existing workforce and new employees are equipped with the necessary skills and competencies to deliver high performance while nurturing new talents and abilities.

To emphasise the importance of excellence even in our employees’ families, the Group has introduced an Employee Children Education Incentive Scheme since 2014 to motivate employees’ children to pursue good academic results in their education.

The Environment

The Group believes it has a moral and social responsibility in playing an active role in reducing carbon footprint and contributing towards a greener environment. We have implemented energy saving measures to minimise the usage of air-conditioning, lighting and office equipment throughout the organisation.

We strive to progressively reduce our impact on the environment by adopting the best practices to streamline consumption and minimise carbon emissions. Our initiatives are designed to inculcate efficiency measures, responsible sourcing and resource optimisation, all of which play a role in our journey to reduce GHG emissions and achieve tangible targets we have set. We take positive steps to minimise our environmental impact by adopting a greener work culture along the principles of 3Rs – Reduce, Reuse, and Recycle at all levels in the organization.

The Community

We maintained our role as a responsible corporate citizen in continuing to help communities in need to the best of our ability, more so given the rising socioeconomic difficulties emerging in society. Forging s sustainable future for both our business and society is done by supporting local communities with noteworthy CSR initiatives carried out via volunteerism and charitable contributions. With a focus on promoting education, sports, health, and providing assistance to underprivileged, VSTECS hopes to bring significant impact to the communities it serves.

In many of these efforts, we have been well-supported by our employees, many of whom have gone above and beyond the call of duty to volunteer their support and respond to the needs of our communities, places a great emphasis on the value of volunteering.

The Marketplace

The Group recognises the importance of timely and thorough dissemination of accurate and useful information relating to our operations to stakeholders. In this regard, we strictly adhere to the disclosure requirements of Bursa Malaysia Securities Berhad (Bursa Securities) and the Malaysian Accounting Standards Board. In fact, this Annual Report contains comprehensive information pertaining to the Group, while various disclosures on financial results provide stakeholders with the latest financial information on the Group.

Apart from the mandatory public announcements through Bursa Securities, the Group’s website at www.vstecs.com.my provides the public with convenient and timely access to business updates, as well as financial and non-financial information. Furthermore, stakeholders are able to direct queries to the Group via this website.

In order to provide clear and transparent communications to our stakeholders and the investment community, the Chief Executive Officer and other Senior Leadership Team are actively involved in the Group’s investor relations activities, including conducting regular investor briefings with the research analysts and institutional fund managers.

The objective of our investor relations activities is to develop and promote a positive relationship with all stakeholders via active two-way communication and enhance our stakeholders’ understanding of the Group’s core businesses and operations, thus enabling investors to make informed decisions.

The Group intends to continue improving our communications approach to ensure that we continue to relay pertinent information to investors in a transparent and consistent manner.

Health and Safety Policy

VSTECS Berhad and its subsidiaries prioritize health and safety compliance and are committed to creating a safe and healthy working environment across all our operations. We strive to ensure the safety of our employees, business partners, and visitors within our premises.

Click here to view the Health and Safety Policy.