Communication on Progress

Participant
Published
  • 23-Jan-2015
Time period
  • January 2014  –  January 2015
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer
  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • To our stakeholders:

    I am pleased to report Vox AG has renewed its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption for the year of 2015.
    In our annual Communication on Progress, we will describe our plan of action to continue growing upon our Global Compact initiatives, building the principles into our long term growth plan, culture and daily operations.
    We also commit to making this information available to our stakeholders and partners as requested.

    Sincerely yours,

    Arnold Engel
    CEO

Human Rights
  • Assessment, policy and goals
  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Ethical and sustainable practices are a core business value here at Vox. Our global relationships are closely monitored to ensure we are working with only those who hold themselves to a high standard of Human Rights practices. Developing long term, reliable supplier relationships is integral to our growth and sustainability. One of Vox’s driving principles is the belief in Freedom of Access to Information – access we are trying to establish through an improved online buying experience, open to all telecom networks globally.

    Our mission is to help our clients improve their supply chain in order to improve company operations and prosperity, allowing them to improve the lives of their employees and those in their communities. As an example, in 2014, we saved one of our Pacific Island nation (full-service) procurement clients approximately $500,000.00 USD by optimizing their supply chain through improved supplier relations and efficient logistics. Our teams work closely with each of the team divisions on the ground to understand their priorities and supply chain bottle necks. By optimizing supply chain operations, we allow our clients labour forces to focus on their top priorities and work more effectively.

  • Implementation
  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • No answer provided.
Labour
  • Assessment, policy and goals
  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • Our employees hold themselves to the top level of business conduct, through internal interactions, and working externally with clients, suppliers and freight forwarders. Our 5 global offices work hard to execute daily work with integrity and respect, and we all work closely with one another to ensure employees are finding the proper work balance and achieving fulfillment through their roles. We also look to empower all employees to grow within their roles and take on new challenges, providing training and support when needed.

  • Implementation
  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • No answer provided.
Environment
  • Assessment, policy and goals
  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • One of the main pillars of our service is logistics. We provide clients with coordinated global pickups, ensuring delivery to their country’s port with a reliable carrier. We look for opportunities to group regional shipments coming from other continents, and coordinate consolidated client orders coming from the same origin. By minimizing number of shipments, we help decrease the carbon footprint created by global business in this industry. Many of our clients are located in remote, island regions, and the logistical challenges facing their businesses are real. We take pride in not only saving them money and finding solutions to meet their need, but also the environmental benefits created by a more efficient logistics operation. As Vox’s global footprint expands, we look forward to implementing additional solutions and processes to continue keeping the logistics component of supply chain management as green as possible.

    Reliable energy sources are also a consistent challenge throughout our client base. We emphasize opportunities to switch to renewal energy sources and provide operators with retail products to help communities continue to grow, for example, solar lanterns. Solar energy plays a vital role for telecom operators to provide reliable services in remotely challenging areas. A number of our clients have experienced both monetary and environmental impact success through the implementation of solar solutions.

  • Implementation
  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • No answer provided.
  • Measurement of outcomes
  • Description of how the company monitors and evaluates environmental performance.

  • No answer provided.
Anti-Corruption
  • Assessment, policy and goals
  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Transparency is the number one driving force of our company and plays a keystone role in our development initiatives for the upcoming year. Our aim is to create a completely transparent supply chain solution for telecom networks globally, removing any opportunities for supply chain corruption. Our open pricing is accessible to anyone in the world, holding suppliers accountable and creating new buying opportunities for operators in economically or geographically challenging regions.

  • Implementation
  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • 2014 concluded as a very successful year for Vox as measured by our savings generated with clients, as well as the development of pivotal business growth initiatives. We’ve taken a new service direction to open up some of our global frame agreements and make ordering accessible online to any network, anywhere. By providing open access to negotiated and highly competitive sourcing options, we democratize the buying of core commodity items for telecom operators. This means new developmental opportunities await operators that are currently working under regional or economic duress. In conjunction with open access to our sourcing options, we’re creating a logistics tool that will revolutionize online buying of these key items for our clients. By continuing to develop our partnerships with key global freight forwarders and carriers, we can provide complete pricing and timing for global delivery of our products while further endeavoring to minimize our collective carbon footprint. This will be a key feature of our ecommerce marketplace that we hope to complete in 2015. Low prices and easy logistics mean operators can save money and operate at higher efficiencies, again, allowing their growth to thrive.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates anti-corruption performance.

  • No answer provided.