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.

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