Vishay Precision Group (NYSE: VPG ) released its launch a Sustainability Reportshowing the company’s Environmental, Social, and Governance (ESG) efforts from 2022 to 2023. The report highlights significant achievements in areas such as energy management, product quality, business ethics, and information security.
Notable achievements include:
- 13% reduction in energy consumption from 2021 onwards
- Zero product recalls that could create or design defects in 2023
- Updated Anti-Bribery and Anti-Corruption laws with senior-level staff training in 2023
- Zero data protection violations, sanctions, or settlements in 2023
CEO Ziv Shoshani emphasized that this document marks an important milestone in VPG’s journey to sustainability, demonstrating the company’s commitment to integrity and honesty. The full report is available on the VPG website.
Il Vishay Precision group (NYSE: VPG ) released its inaugural sustainability reportshowing the company’s environmental, social and governance (ESG) efforts from 2022 to 2023. energy management, product quality, business ethics and information security.
Key events include:
- 13% reduction in energy consumption compared to 2021
- No product recall can make or design a mistake in 2023
- Updated anti-corruption and bribery laws and training for high-level officials in 2023
- No information security breaches, fines or transactions in 2023
CEO Ziv Shoshani emphasized that this document marks an important milestone in VPG’s journey to sustainability, demonstrating the company’s commitment to integrity and honesty. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG ) released its inaugural sustainability reportshowing the company’s environmental, social and governance (ESG) efforts from 2022 to 2023. The report highlights key achievements in areas such as energy management, product quality, business ethics and information security.
Notable achievements include:
- 13% reduction in energy consumption from 2021 onwards
- Zero product recalls due to potential manufacturing or design defects in 2023
- Updated anti-bribery and corruption laws and training of senior officials in 2023
- Zero information security breaches, penalties or agreements in 2023
CEO Ziv Shoshani emphasized that this document marks an important milestone in VPG’s journey to sustainability, demonstrating the company’s commitment to integrity and honesty. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG) strengthens the company’s environmental (ESG) efforts through 2022-2023. First Sustainability Reportit was announced. This statement Energy management, product quality, business ethics, information security It shows great achievements such as:
Major achievements include:
- Energy consumption has been reduced by 13% compared to 2021
- Zero product recalls due to manufacturing or design defects by 2023
- Anti-corruption and anti-bribery reforms, including training for senior staff, in 2023
- Zero significant data protection breaches, fines or settlements during 2023
CEO Ziv Shoshani emphasized that this statement represents an important milestone in VPG’s journey and demonstrates the company’s commitment to honesty and integrity. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG ) released its first development reportshowing the company’s environmental, social and governance (ESG) efforts between 2022 and 2023. energy management, product quality, business ethics and information security.
Notable achievements include:
- A 13% reduction in energy consumption compared to 2021
- No product recall can make or design a mistake in 2023
- Updated anti-corruption and anti-corruption policies and training for employees at the highest level in 2023
- No serious information security breaches, no penalties or regulations in 2023
CEO Ziv Shoshani emphasized that this statement marks an important milestone in VPG’s journey to sustainability, demonstrating the company’s commitment to integrity and honesty. The full report is available on the VPG website.
Vishay Precision Group (NYSE: VPG ) has its own first development report published, highlighting the company’s environmental, social and governance (ESG) efforts from 2022 to 2023. The report highlights key achievements in areas such as: Energy management, product quality, business ethics and information security.
Notable achievements include:
- 13% reduction in energy consumption compared to the first year 2021
- No product recalls due to potential manufacturing or design defects in 2023
- Updated anti-bribery and anti-corruption policies and leadership training in 2023
- There are no information security breaches, penalties or settlements in 2023
CEO Ziv Shoshani emphasized that this statement represents an important milestone in VPG’s journey to sustainability and reflects the company’s commitment to integrity and honesty. The full report is available on the VPG website.
A Report Reveals the Company’s Key Achievements So Far on its ESG Journey
MALVERN, Pa., Oct. 08, 2024 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced the release of its first Sustainability report, which shows the company’s Environmental, Social, and Governance (ESG) efforts during the period 2022 to 2023. The report emphasizes work on topics including energy management, quality of the product, business ethics, information security, health and safety, among others.
Highlights include:
13% reduction of energy consumption from 2021 onwards.- Zero product recalls that could create or design defects in 2023.
- Updates and training provided to senior staff for the revised Anti-Bribery and Anti-Corruption laws in 2023.
- Zero information security breaches, penalties or settlements in 2023.
Mr. Ziv Shoshani, Chief Executive Officer of VPG, commented, “We are proud to announce our first Sustainability Report. This report marks an important milestone in VPG’s journey to sustainability. Our commitment to sustainability is based on the principles held by our founder, Dr. Felix Zandman, to conduct ourselves with integrity and honesty. These principles remain an important part of our core values. “
“We are very proud of how VPG employees help the world move forward by helping to make our customers’ products safer, smarter, and more profitable to bring long-term production to the world,” said Mr. Shoshani.
This report along with other information about the company’s ESG journey and sustainability initiatives are available on the VPG website through the following link: VPG 2024 Sustainability Report.
About VPG
Vishay Precision Group, Inc. (VPG) is a leader in precision measurement and sensing technologies. Our sensors, weight processing and measurement systems optimize and improve the performance of our customers’ products in many markets to make our world safer, smarter, and more efficient. To learn more, visit VPG at vpgsensors.com and follow us on LinkedIn.
Contact:
Steve Cantor
History of Vishay Precision Group, Inc.
781-222-3516
info@vpgsensors.com
FAQ
What are the key priorities of the VPG Sustainability Report?
VPG’s first Sustainability Report shows a 13% reduction in energy consumption, zero product recalls, updated Anti-Bribery and Anti-Corruption laws, and zero information security breaches by 2023.
How did VPG improve its energy management according to the report?
VPG achieved a 13% reduction in energy consumption from their 2021 baseline, as stated in their first Sustainability Report.
When does VPG’s first Sustainability Report close?
VPG’s first Sustainability Report covers the company’s Environmental, Social, and Governance (ESG) efforts during the period 2022 to 2023.
How will VPG fare in terms of product quality in 2023?
According to the report, VPG had zero product memory potential manufacturing or design defects in 2023, demonstrating strong product performance.
What steps has VPG made in terms of business ethics in 2023?
In 2023, VPG updated its Anti-Bribery and Anti-Corruption policies and provided training to senior staff on the updated policies.
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