Social Responsibility Overview

Our people around the globe are the strength of our innovation, deriving from our unique cultural, geographic, racial and ethnic backgrounds. VPG supports human rights and carefully manages its human capital for its employees, third party contractors and suppliers.

What Ties Us Together- Our People

Human Rights

VPG respects all internationally recognized human rights. We are committed to upholding fundamental human rights and believe all human beings around the world should be treated with dignity, fairness and respect, which extends to respecting and protecting the rights of minority groups and women.

Human Rights Policy
two people shaking hands

Ethics

Maintaining ethical business standards and practices is the highest priority at VPG. Our firm commitment to ethical business standards and practices guide all activities by VPG personnel, both internally and in interactions with VPG’s customers, suppliers, and subcontractors. VPG encourages and relies upon the integrity of all parties, both inside and outside the company, to maintain these ethical standards and practices.



ANTI-BRIBERY AND ANTI-CORRUPTION

As a part of VPG’s fundamental commitment to ethical business practices as described in VPG”s Global Code of Business Conduct, the VPG Board of Directors approved VPG’s global Anti-Bribery and Anti-Corruption Policy. The policy applies to all VPG directors, officers, employees and to all agents and third party contractors who work on VPG’s behalf.


VPG requires all those covered by the policy to comply with both the letter and the spirit of the policy and of all applicable anti-bribery and anti-corruption laws, including the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act.


If you are aware of any improper, unethical, or illegal company actions that could violate this Code of Business Conduct and Ethics or the Anti-Bribery and Anti-Corruption policy you should report your concerns in accordance with VPG’s Global Code of Business Conduct, or contact the appropriate person listed below.



Additionally, VPG employees who have any questions about the Code of Conduct or this policy are strongly encouraged to reach out to their supervisor, or the Legal Department at legaldept@vpgsensors.com.

Labor, Health and Safety

Employee involvement and hazard awareness is critical to VPG’s health and safety program success. Forming the foundation of this program is VPG’s identification of health and safety aspects and serious injury, fatality risks which form the basis of our operational controls thorough procedures, checklists and training.


VPG monitors the exposures of all VPG workers world-wide that may be exposed to hazardous substances or physical agents (noise, radiation, and temperature) annually as a part of each site’s industrial hygiene program. The industrial hygiene program identifies contaminants that will be sampled and their frequencies to regularly monitor working conditions and assure that substances or agents are below regulatory and/or consensus thresholds for exposure.

VPG follows the hierarchy of controls and industry best practices for any employees exceeding regulatory and/or consensus thresholds in the following order: elimination of the chemical, substitution to a less harmful chemical, controlling the exposure by engineering such as fume hoods, local exhaust which are routinely maintained and/or safe work practices or work rotations identified in specific written procedures and the use of approved and employer provided personal protective equipment.

In addition, VPG enlists authorized medical professionals or licensed healthcare professionals where risks or legal requirements dictate monitoring longer term employee health or treating potential occupational illness or injury.

Metric 2019 2020 2021 2022 2023
Near Miss Frequency Rate (Cases/Million Hours) 0.00008 0.00020 0.00025 0.00042 0.00066
OSHA Recordable Rate* (Cases/200K Hours) 0.61 0.58 0.48 0.63 0.57
DART Rate*(Cases/200K Hours) 0.40 0.22 0.40 0.33 0.47
Fatality Rate (Cases/200K Hours) 0 0 0 0 0

* Rate does not include COVID-19 cases

Employee Diversity And Inclusion, Demographics and Statistics

There is one consistent thread that ties everything together and ensures our continued success: Our People.

VPG is committed to providing an inclusive environment that respects diversity and reflects “Our Commitment to Each Other” outlined in our Global Code of Business Conduct. Our people around the globe are what ties us together and are the foundation of our success.  We are committed to the principles of equal employment opportunity, inclusion and respect.


VPG actively recruits people from diverse geographic, ethnic, and social backgrounds.  We believe new ideas from diverse perspectives lead to better business results. 


VPG seeks to provide employees a safe, productive, and collaborative work environment which values success and innovation, and which allows team members to fulfill their personal and professional potential.


We are proud of our globally diverse workforce that represents a powerful mix of talents and innovation. We strive to provide an innovative, diverse and rewarding environment which allows team members to fulfill their personal and professional potential and a wide variety of education and experience- based disciplines.


Additionally, some positions allow limited work from home in accordance with our policy. Further competitive benefits are determined by policy in the region, country or location of operation.


https://careers.vpgsensors.com

As of 1 February 2024

Workforce gender breakdown
Women as % total workforce 48%
Share of women in all management positions 22.2%
Share of women in sales positions 15.3%
Share of women in STEM related positions 18.4%
Workforce age breakdown
Less than 30 years of age 14.8%
30 years of age to 50 years of age 46%
Greater than 50 years of age 39.2%
Hiring
2019 2020 2021 2022 2023
Total # of new hires 374 553 1043 918 474
# of positions filled by internal candidates 4 9 17 15 17



EEO-1 DATA TABLE (U.S. ONLY)
Hispanic or Latino 11%
White 60%
Black or African American 17%
Asian 9%
Native Hawaiian or Other Pacific Islander 0%
American Indian or Alaska Native 1%
Two or More Races 2%