Abbreviations and definitions
Abbreviations | |
BoD | Board of Directors |
CO2 | Carbon dioxide |
CO2e | Carbon dioxide equivalents |
CEO | Chief Executive Officer |
COO | Chief Operating Officer |
CPCO | Chief People & Culture Officer |
CSO | Chief Strategy Officer |
CVO | Chief Value Officer |
CSRD | Corporate Sustainability Report Directive |
D&I | Diversity & Inclusion |
DACH | Germany, Austria, Switzerland |
DoF | Designing our Future |
ESG | Environmental, Social, Governance |
GPTW | Great Place To Work |
GRI | Global Reporting Initiative |
KPIs | Key Performance Indicators |
NPS | Net Promotor Score |
P&C | People & Culture |
SDG | Sustainable Development Goals |
SLT | Strategic Leadership Team |
STAK | Vebego trust office foundation, set up to separate voting rights from economic rights of shareholders |
TCF | Tax Control Framework |
Corporate Sustainability Reporting Directive
The Corporate Sustainability Reporting Directive (CSRD) requires companies to report on the impact of corporate activities on the environment and society, and requires the audit (assurance) of reported information. The adoption of the CSRD by the European Commission is in line with the commitment made under the European Green Deal, aimed at making Europe the first climate-neutral continent by 2050.
Designing our Future
The name of the transition programme aimed towards keeping Vebego future-proof.
EcoVadis
Evidence-based online platform with supplier sustainability assessments. This allows companies to assess the ESG performance of their global suppliers. The platform’s central objective is to make the quality of a company’s CSR management system measurable through policies, actions and results. The assessment is modelled on twenty-one CSR criteria, based on international standards for sustainable development. The results are presented in a scorecard that provides a clear overview of a supplier’s strengths and areas for improvement.
Great Place To Work®
An internationally known and recognised employee platform with more than 35 years of research and data. In addition to employee satisfaction and engagement, the methodology measures the level of diversity and inclusion.
Meaningful work
We strive for every employee to experience their work as meaningful. This means work that makes them feel appreciated, that they enjoy doing and that is meaningful to others. It also means work in which their talents are optimally utilised, because this ensures growth; both for our employees themselves and for our organisation. We also pay attention to the social, vital and financial welfare of our employees. Meaningful work is part of a group-wide programme for sustainable employability and is measured annually, with its own methodology up to and including 2021, and gradually with GPTW from 2022.
One family. One culture. One language.
Second phase (2021-2025) of the Vebego 2025 strategy.
Strategic core companies
The core of large Vebego companies (100% owned): Alpheios (BE|NL), Hago Zorg (NL), Vebego AG (CH), Vebego Cleaning Services (NL), Vebego Cleaning & Services (BE) Vebego Facility Services (DE), Vebego Facility Solutions (NL) and Vebego Groen (NL).
Sustainable Development Goals
Seventeen goals to make the world a better place by 2030. The SDGs were agreed upon by the member states of the United Nations. They are a global compass for challenges such as poverty, education and the climate crisis. In its contributions to these goals, Vebego focuses on SDG 8: decent work and economic growth, and SDG 12 responsible consumption and production.
Value creation dashboard
With the internal Value Creation Dashboard, we structurally steer our business based on the Six Capitals of Value Creation. The dashboard contains all the important elements of value creation: information on Employees, Customers, Society and Finance.
Vebego 2025 strategy
The name of Vebego's 2017-2025 strategy.