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Universal Electronics Inc. Successfully Completes RBA VAP Audit

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Universal Electronics Inc. (UEI) (NASDAQ: UEIC) has successfully completed the Responsible Business Alliance (RBA) Validated Assessment Program (VAP) audit at its Vietnam facility. The audit demonstrates UEI's high level of compliance with the RBA Code of Conduct, highlighting the company's commitment to ethical and responsible business practices.

Key aspects of the audit included effective health and safety initiatives (ISO-45001 certified), environmental KPI monitoring (ISO-14001 certified), and robust governance. UEI's CEO, Paul Arling, expressed pride in the accomplishment and commitment to continuous improvement in ethics and sustainability standards.

Universal Electronics Inc. (UEI) (NASDAQ: UEIC) ha completato con successo l'audit del Responsible Business Alliance (RBA) Validated Assessment Program (VAP) presso la sua struttura in Vietnam. L'audit dimostra l'alto livello di conformità di UEI con il Codice di Condotta RBA, evidenziando l'impegno dell'azienda per pratiche commerciali etiche e responsabili.

Tra gli aspetti chiave dell'audit vi sono iniziative efficaci in materia di salute e sicurezza (certificato ISO-45001), monitoraggio degli indicatori ambientali (certificato ISO-14001) e una governance solida. Il CEO di UEI, Paul Arling, ha espresso orgoglio per il traguardo raggiunto e l'impegno verso il continuo miglioramento degli standard etici e di sostenibilità.

Universal Electronics Inc. (UEI) (NASDAQ: UEIC) ha completado con éxito la auditoría del Responsible Business Alliance (RBA) Validated Assessment Program (VAP) en su instalación en Vietnam. La auditoría demuestra el alto nivel de cumplimiento de UEI con el Código de Conducta RBA, resaltando el compromiso de la empresa con prácticas comerciales éticas y responsables.

Los aspectos clave de la auditoría incluyeron iniciativas efectivas de salud y seguridad (certificado ISO-45001), monitoreo de KPI ambientales (certificado ISO-14001) y una sólida gobernanza. El CEO de UEI, Paul Arling, expresó su orgullo por el logro y el compromiso con la mejora continua de los estándares éticos y de sostenibilidad.

유니버설 일렉트로닉스 주식회사(UEI) (NASDAQ: UEIC)는 베트남 시설에서 책임 있는 비즈니스 연합(RBA) 인증 평가 프로그램(VAP) 감사에 성공적으로 완료했습니다. 이 감사는 UEI가 RBA 행동 강령을 준수하고 있음을 보여주며, 윤리적이고 책임 있는 비즈니스 관행에 대한 회사의 의지를 강조합니다.

감사의 주요 측면에는 효과적인 건강 및 안전 이니셔티브(ISO-45001 인증), 환경 KPI 모니터링(ISO-14001 인증), 그리고 강력한 거버넌스가 포함됩니다. UEI의 CEO인 Paul Arling은 이 성과에 자부심을 느끼며 윤리 및 지속 가능성 기준의 계속적인 개선에 대한 의지를 표명했습니다.

Universal Electronics Inc. (UEI) (NASDAQ: UEIC) a réussi à compléter l'audit du Responsible Business Alliance (RBA) Validated Assessment Program (VAP) dans son établissement au Vietnam. L'audit démontre le haut niveau de conformité d'UEI au Code de conduite RBA, mettant en évidence l'engagement de l'entreprise envers des pratiques commerciales éthiques et responsables.

Les principaux aspects de l'audit incluent des initiatives efficaces en matière de santé et de sécurité (certifié ISO-45001), le suivi des KPI environnementaux (certifié ISO-14001) et une gouvernance solide. Le PDG d'UEI, Paul Arling, a exprimé sa fierté pour cette réalisation et son engagement envers l'amélioration continue des normes éthiques et de durabilité.

Universal Electronics Inc. (UEI) (NASDAQ: UEIC) hat erfolgreich das Audit des Responsible Business Alliance (RBA) Validated Assessment Program (VAP) an seiner Einrichtung in Vietnam abgeschlossen. Das Audit zeigt das hohe Maß an Compliance von UEI mit dem RBA-Verhaltenskodex und hebt das Engagement des Unternehmens für ethische und verantwortungsvolle Geschäftspraktiken hervor.

Zu den Schlüsselaspekten des Audits gehörten effektive Gesundheits- und Sicherheitsinitiativen (ISO-45001-zertifiziert), die Überwachung von Umwelt-KPIs (ISO-14001-zertifiziert) und eine robuste Governance. Der CEO von UEI, Paul Arling, drückte seinen Stolz über die Errungenschaft und das Engagement für kontinuierliche Verbesserungen der ethischen und nachhaltigen Standards aus.

Positive
  • Successfully completed RBA VAP audit at Vietnam facility
  • High level of compliance with RBA Code of Conduct
  • ISO-45001 certification for Occupational Health and Safety Management
  • ISO-14001 certification for Environmental Management Systems
  • Robust governance and leadership engagement
Negative
  • None.

UEI Demonstrates Its Commitment to Ethical and Responsible Business Practices

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in universal control solutions for the home, announced today that it successfully completed the Responsible Business Alliance (RBA) Validated Assessment Program (VAP) audit at its facility in Vietnam (UVN). UEI’s score indicates that its UVN facility has met the RBA VAP audit criteria and demonstrates a high level of compliance with the RBA Code of Conduct.

UEI’s UVN facility commenced operations in June 2023. Many components of the facility’s operations were highlighted as part of the audit, including:

  • Effective health and safety initiatives certified to the ISO-45001 standard for Occupational Health and Safety Management Systems;
  • Tracking, monitoring, and control of key environmental KPIs alongside an ISO-14001 certification for Environmental Management Systems; and
  • Robust governance consistent with enterprise policies and significant leadership engagement and dedication to improvement.

“We are very proud of our UVN facility and the team that achieved this significant accomplishment. This audit affirms our dedication to operating ethically and responsibly across our global footprint,” said Paul Arling, Chairman and CEO of UEI. “We will review the feedback from the audit and continue to improve our policies, procedures, and processes to ensure that we uphold the highest standards of ethics and sustainability.”

The RBA is a nonprofit committed to advancing ethical business practices in the global supply chain. The organization facilitates collaboration among its members and stakeholders “to improve working and environmental conditions and business performance through leading standards and practices.” The RBA VAP program is a leading onsite ethical compliance verification program. Through the program, independent, third-party firms assess a company’s operations using the rigorous RBA Code of Conduct, which covers labor, health and safety, environment, ethics, and management systems.

For more information about UEI and its products, please visit [https://www.uei.com/]. For more information about the RBA and its VAP program, please visit [https://www.responsiblebusiness.org/].

About Universal Electronics

Universal Electronics Inc. (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices; designs, develops, manufactures, ships and supports hardware and software control and sensor technology solutions. UEI partners with many Fortune 500 customers, including Comcast, Vivint Smart Home, Samsung, LG, Sony, and Daikin to serve video, telecommunications, security service providers, television, smart home, and HVAC system manufacturers. For over 35 years, UEI has been pioneering breakthrough innovations such as voice control and QuickSet cloud, the world’s leading platform for automated set-up and control of devices in the home.

Forward-looking Statements

This press release and accompanying schedules contain "forward-looking statements" within the meaning of federal securities laws, including statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including those we identify below and other risk factors that we identify in our annual report on Form 10-K for the year ended December 31, 2023. Risks that could affect forward-looking statements in this press release include: our ability to continue reducing our global environmental footprint through the initiatives management has developed and implemented, including optimizing our manufacturing footprint and processes, partnering with supply chain members that implement and achieve reduced global environmental impact, our ability to timely design, develop and deliver products, technologies and packaging that achieve the environmental sustainability goals desired by management, implementing and achieving global governmental laws, regulations and directives, and other factors more fully described in our reports filed with the SEC. Since it is not possible to predict or identify all of the risks, uncertainties and other factors that may affect future results, the above list should not be considered a complete list. Further, any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of August 13, 2024, and we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

ESG Contact: Rick Firehammer, Jr., Sr. Vice President, General Counsel, & Head of Global Compliance, rfirehammer@uei.com

Media Contact: Hemco Arentsen, Senior Marketing Communication Manager, harentsen@uei.com

Source: Universal Electronics Inc.

FAQ

What certification did Universal Electronics Inc. (UEIC) recently achieve for its Vietnam facility?

Universal Electronics Inc. (UEIC) successfully completed the Responsible Business Alliance (RBA) Validated Assessment Program (VAP) audit at its Vietnam facility, demonstrating high compliance with the RBA Code of Conduct.

What ISO certifications does Universal Electronics Inc. (UEIC) hold for its Vietnam facility?

Universal Electronics Inc. (UEIC) holds ISO-45001 certification for Occupational Health and Safety Management Systems and ISO-14001 certification for Environmental Management Systems at its Vietnam facility.

When did Universal Electronics Inc. (UEIC) start operations at its Vietnam facility?

Universal Electronics Inc. (UEIC) commenced operations at its Vietnam facility in June 2023.

What does the RBA VAP audit assess for companies like Universal Electronics Inc. (UEIC)?

The RBA VAP audit assesses a company's operations using the RBA Code of Conduct, which covers labor, health and safety, environment, ethics, and management systems.

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