Vishay Precision Group Launches Inaugural Sustainability Report
October 08 2024 - 8:00AM
Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision
measurement and sensing technologies, today announced the release
of its inaugural Sustainability report, which highlights the
company’s Environmental, Social, and Governance (ESG) efforts
during the period 2022 through 2023. The report highlights
performance on material topics including energy management, product
quality, business ethics, information security, health and safety,
among others.
Key highlights include:
- 13% reduction in electrical energy
use intensity from 2021 baseline.
- Zero product recalls for potential
manufacturing or design defects in 2023.
- Update and training provided to
senior level employees to the revised Anti-Bribery and
Anti-Corruption policies in 2023.
- Zero material information security
breaches, penalties or settlements in 2023.
Ziv Shoshani, VPG’s Chief Executive Officer, commented, “We are
proud to introduce our first Sustainability Report. This report
marks a significant milestone in VPG’s sustainability journey. Our
commitment to sustainability stems from the principles held by our
founder, Dr. Felix Zandman, to conduct ourselves with integrity and
honesty. These principles remain a fundamental part of our core
values.”
"We take great pride in how VPG’s employees contribute to a more
sustainable world by helping to make our customers’ products and
processes safer, smarter, and more productive to deliver long-term
value creation globally,” noted Mr. Shoshani.
The report along with additional information about the company’s
ESG journey and sustainability initiatives is available on VPG’s
website via 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, weighing
solutions and measurement systems optimize and enhance our
customers’ product performance across a broad array of markets to
make our world safer, smarter, and more productive. To learn more,
visit VPG at vpgsensors.com and follow us on LinkedIn.
Contact:Steve CantorVishay Precision Group,
Inc.781-222-3516info@vpgsensors.com
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