Vishay Precision Group (NYSE: VPG) has opened its Continuous Report startedshows the company’s Environmental, Social, and Governance (ESG) efforts from 2022 to 2023. The report shows key results in areas such as corporate governance, product quality, business ethics, and information security.
Notable results include:
- 13% reduction in electricity consumption from 2021 baseline
- Zero product recalls for manufacturing or design defects in 2023
- Update the Anti-Bribery and Corruption policy with senior staff training by 2023
- There is no breach of contract, penalty, or guarantee in 2023.
CEO Ziv Shoshani emphasized that this report marks a significant milestone in VPG’s ongoing journey, reflecting the company’s commitment to honesty and integrity. The full report is available on the VPG website.
Il Vishay Precision parts (NYSE:VPG) released its start-up continuity reportshows the company’s environmental, social and governance (ESG) efforts from 2022 to 2023. The report highlights key achievements in areas such as corporate governance, product quality, business ethics and information security.
Key achievements include:
- 13% reduction in electricity consumption compared to 2021
- There will be no product recalls for manufacturing or design defects in 2023
- Updated anti-corruption and bribery policies and training for senior staff by 2023
- No violations, fines or transactions in 2023
CEO Ziv Shoshani said that this report marks a significant milestone in VPG’s ongoing journey, reflecting the company’s commitment to honesty and integrity. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG) has opened its start-up continuity reportshows the company’s environmental, social and governance (ESG) efforts from 2022 to 2023. The report shows key results in areas such as corporate governance, product quality, business ethics and information security.
Notable results include:
- 13% reduction in electricity consumption from baseline 2021
- Zero product recalls due to manufacturing or design defects in 2023
- Bribery and corruption reform and training for senior staff by 2023
- There is no breach, penalty or agreement in 2023
CEO Ziv Shoshani emphasized that this report marks a significant milestone in VPG’s ongoing journey, reflecting the company’s commitment to honesty and integrity. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG) confirms the company’s environmental (ESG) efforts in 2022-2023. First Progress Reporthearing. This report Energy management, product quality, business ethics, safety information It shows major achievements such as:
Key outcomes include:
- Energy consumption was reduced by 13% compared to 2021
- There will be no recalls due to manufacturing or design defects in 2023
- Update anti-corruption and anti-corruption policies, including training of senior staff, by 2023
- No data security breaches, fines or settlements in 2023
CEO Ziv Shoshani emphasized that this report represents an important step in VPG’s sustainable journey and reflects the company’s commitment to integrity and honesty. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG) announced its first permanent reporthighlights the company’s environmental, social and governance (ESG) efforts between 2022 and 2023. The report highlights key achievements in areas such as corporate governance, product quality, business ethics and information security.
Notable results include:
- 13% reduction in electricity consumption compared to 2021
- There will be no product recalls for manufacturing or design defects in 2023
- Update anti-bribery and corruption policies and training of employees at senior level by 2023
- No serious safety violations, no penalties or regulations in 2023
CEO Ziv Shoshani said that this report marks a significant milestone in VPG’s ongoing journey, reflecting the company’s commitment to honesty and integrity. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG ) has its first permanent report published, confirming the company’s environmental, social and governance (ESG) efforts from 2022 to 2023. The report presents key results in areas such as: Energy management, product quality, business ethics and information security.
Notable results include:
- 13% reduction in energy consumption compared to the base year 2021
- There will be no product recalls due to manufacturing or design defects in 2023
- Bribery and corruption reform and leadership training in 2023
- No breach, penalty or settlement in 2023
CEO Ziv Shoshani emphasized that this report represents an important milestone in VPG’s ongoing journey and reflects the company’s commitment to honesty and integrity. The full report is available on the VPG website.
The Report highlights the Company’s Milestones to date on its ESG Journey
MALVERN, Pa., Oct. 08, 2024 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in measurement and application technology, today announced the release of its Sustainability Report, which highlights the company’s Environmental, Social, and Governance (ESG) efforts. in the period 2022 to 2023. The report highlights performance on specific issues including energy management, product quality, business ethics, information security, health and safety , etc.
Important factors include:
13% reduction in electricity consumption from the 2021 baseline.- Zero product recalls for manufacturing or design defects in 2023.
- Updates and training provided to senior staff on the revision of the Anti-Corruption policy in 2023.
- There is no breach of contract, penalty or guarantee in 2023.
Ziv Shoshani, VPG’s Chief Executive Officer, said, “We are proud to present our first Sustainability Report. This report marks a significant milestone in VPG’s ongoing journey. Our commitment to sustainability stems from the principles held by our founder, Dr. Felix Zandman, leads us with honesty and integrity. These principles remain an important part of our core values.”
“We are very proud of how VPG employees contribute to a more sustainable world by helping to make our customers’ products and operations safer, smarter , and more effective to provide long-term sales worldwide,” said Mr. Shoshani.
The report along with additional information about the company’s ESG journey and future plans are available on the VPG website via this link : VPG 2024 Sustainability Report.
About VPG
Vishay Precision Group, Inc. (VPG) is a leader in precision measurement and audio technology. Our devices, metrics and metrics optimize and improve the performance of our customers’ products in a wide range of markets to make them safer, smarter, and make our world live. For more information, visit VPG at vpgsensors.com and follow us on LinkedIn.
Contact:
Steve Cantor
Vishay Precision Group, Inc.
781-222-3516
info@vpgsensors.com
FAQ
What are the highlights of VPG’s first Sustainability Report?
VPG’s Sustainability Report shows a 13% reduction in energy consumption, zero product returns, updated anti-bribery and anti-corruption policies, and zero data breaches by 2023.
How did VPG improve its energy management according to the report?
VPG achieved a 13% reduction in electricity use from their baseline by 2021, as stated in their Sustainability Report.
What period is covered in the VPG Sustainability Report?
VPG’s Sustainability Report covers the company’s Environmental, Social, and Governance (ESG) efforts for the period 2022 through 2023.
How did VPG perform on product quality in 2023?
According to the report, VPG has no recalls for manufacturing or design defects in 2023, showing the strong performance of the product.
What steps did the VPG take with regard to the commercial sector in 2023?
In 2023, VPG renewed its Anti-Bribery and Corruption policy and provided training to senior staff on these revised policy.
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