Overall impact
C (55)

Commentary

Vitec is an average overall performer. With a 'C' rating of 54.5 for overall impact (51st percentile compared to all companies), Vitec ranks 13th out of 34 industry peers, behind Koss, Boxlight, Yamaha and 9 others, and ahead of Energous, Xiaomi, Sharp and 18 others. On top material causes for Vitec's industry (Consumer Discretionary Products), Vitec performs well in Humane Treatment of Animals (80.9 score) and performs poorly in Reduced Waste (35.6 score), Quality Primary Education (30.6), Child and Maternal Health (25.0) and 5 other causes where it received a 'D' or 'F' score.
Impact
Cause VTEPF
Peer rank
Overall impact

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Impact trend

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Company
Employees
1,200
Sector
Consumer Discretionary
Industry
Household Durables
Sub-industry
Consumer Electronics
SASB industry
Electrical & Electronic Equipment
Headquarters
United Kingdom
Share classes
VTEPF
Description
Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share content for the broadcast, cinematic, video, photographic, audio, and smartphone applications. It operates through three segments: Media Solutions, Production Solutions, and Creative Solutions. The Media Solutions segment offers equipment for photographic and video cameras, and smartphones; and solutions to professional and amateur photographers/videographers, independent content creators (ICCs), vloggers/influencers, enterprises, governments, and professional musicians comprising camera supports, smartphone and vlogging accessories, lighting supports and controls, light-emitting diode (LED) lights, audio capture and noise reduction equipment, and carrying solutions and backgrounds. The Production Solutions segment provides video fluid heads, tripods, LED lighting, batteries, prompters, and robotic camera systems, as well as equipment rental and technical solutions for broadcasters, film and video production companies, ICCs, and enterprises. The Creative Solutions segment offers wired and wireless video transmission and lens control systems, monitors, and camera accessories for the cine, scripted TV, and live production verticals that serve film and video production companies, ICCs, enterprises, and broadcasters. It operates in the United Kingdom, rest of Europe, North America, the Asia Pacific, and internationally. The company was formerly known as The Vitec Group plc and changed its name to Videndum Plc in May 2022. Videndum Plc was founded in 1909 and is headquartered in Bury Saint Edmunds, the United Kingdom.
Material causes
Ethos considers the following causes material for Vitec, based on its industry sub-industry Consumer Electronics. Learn more about material causes in our methodology overview.

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