Climate Change Data

Environmental Metrics

ESG Focus Areas

• Good governance
• People and talent
• Customers
• Suppliers
• Society
• Environment

Environmental Achievements

• Measured carbon footprint at Madrid headquarters, aiming for a 5% reduction in emissions.
• Obtained 2021 Carbon Footprint certificate (ISO 14064-1:2018) for VASS Spain, Serbatic, T4S, NATEEVO, and vdSHOP. Working to extend measurement to other group companies.
• 45.49% reduction in contracted electrical power at Madrid headquarters.

Social Achievements

• Recognized as one of the 100 best companies to work for in Spain in 2022 (Actualidad Económica Ranking).
• 27% of professionals are women.
• Implemented VASS Concilia program to promote work-life balance.
• 124,322 hours of training provided.
• Allocated 2% of annual BAI (Profit Before Tax) to socially oriented initiatives through the VASS Foundation.

Governance Achievements

• Approved Sustainability Policy, Criminal Compliance Policy, Criminal Investigation Procedure, Conflict-of-Interest Policy, and Donations and Sponsorship Policy.
• Implemented Ethics Channel for anonymous reporting.
• No fines or sanctions for non-compliance with laws or regulations in social, economic, or environmental matters.

Climate Goals & Targets

Environmental Challenges

• Indirect consequences of international conflicts (e.g., Ukraine war), social and economic turmoil, and rapid technological advancements.
• High turnover rate in the sector and attracting/retaining talent.
• Lack of balance in participation and employment conditions.
• Impact on the environment of activities and effects on the value chain.
• Lack of liquidity and potential impacts from foreign exchange rate volatility.
• Changes in regulations and political-economic situations in operating countries.

Mitigation Strategies

• Developed a global strategic vision ('VASS GLOBAL PLAY') to grow and expand.
• Expanded operations to 26 locations on four continents through acquisitions (Zington, Hexagon Data, One Inside, Movetia, Intelygenz).
• Implemented comprehensive risk management process, including ESG criteria.
• Improved investigation protocol, anti-harassment policies, and security reviews of outsourced companies.
• Developed a conflict-of-interest policy and a donations and sponsorship policy.
• Permanent monitoring and evaluation actions based on the precautionary principle.
• Implemented training programs and benefits plans to retain talent.
• Developed Diversity, Equality and Inclusion Policy and Equality Plan (in progress).
• Implemented environmental management systems (ISO 14001) and carbon footprint measurement.

Supply Chain Management

Supplier Audits: >90% of suppliers integrated into GoSupply (VASS Spain, Serbatic Spain, and Nateevo)

Responsible Procurement

• Sustainability Policy for Suppliers
• Guide to Good Sustainable Practices for Suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 27001, ISO 20000, ISO 14064-1:2018 (Carbon Footprint)

UN Sustainable Development Goals

• SDG 4
• SDG 5
• SDG 8
• SDG 9
• SDG 12
• SDG 13
• SDG 16
• SDG 17

VASS's activities contribute to these SDGs through various initiatives related to decent work, economic growth, innovation, responsible production and consumption, climate action, gender equality, strong institutions, and partnerships.

Awards & Recognition

• Lifera y Partner of the year 2022 Latam
• Trébol Solidarity Award 2022, Down España
• Bronze medal in ECOVADIS assessment

Environmental Metrics

ESG Focus Areas

• Good Governance
• People and Talent
• Clients
• Suppliers
• Society
• Environment

Environmental Achievements

• Continued measurement and monitoring of carbon footprint across the VASS ecosystem with a view to developing and implementing a Net Zero plan.
• Launched sustainable operating framework “Think. Act. Achieve.” to increase awareness and encourage sustainable resource use.

Social Achievements

• Recognized for the second consecutive year as one of the 100 best companies to work for in Spain (Actualidad Económica Ranking).
• Increased percentage of female workforce to 28.6% in 2023.
• Celebrated the 5th anniversary of the VASS Foundation, promoting employability and reducing barriers to digital knowledge.

Governance Achievements

• Launched global ESG strategy ‘Together we are greater’.
• Advanced ethics policies and code of conduct, implemented protocols to prevent harassment, and improved program to fight corruption, bribery, and money laundering.
• No reported cases of dishonesty, corruption or money laundering.

Climate Goals & Targets

Environmental Challenges

• High turnover rate in the sector and ability to attract and retain talent.
• Lack of balance in participation and employment conditions for all.
• Impact on the environment of the activities carried out and the effects on the value chain.
• Lack of liquidity and potential impacts caused by volatility in foreign exchange rates and regulatory changes.

Mitigation Strategies

• Promoting the well-being and stability of teams (over 80% permanent contracts).
• Implementing Equality Plan with equality measures and positive actions.
• Implementing sustainable practices throughout operations.
• Ongoing monitoring of financial results and market changes.

Supply Chain Management

Supplier Audits: 97 suppliers in Spain audited using GoSupply in 2023

Responsible Procurement

• Sustainability Policy
• Guide of good sustainable practices for suppliers
• GoSupply tool for monitoring suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001:2015 (Integrated Quality and Environmental Management System), UNE-ISO/IEC 27001:2013 (Information Security Management Systems), ISO 9001:2015 (Quality Management System), CMMI development v2.0 LEVEL 3, B Corp, ISO 14064-1:2018 (Carbon Footprint)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 8: Decent work and economic growth
• Goal 12: Responsible production and consumption
• Goal 9: Industry, innovation and infrastructure
• Goal 5: Gender equality
• Goal 4: Quality education
• Goal 3: Health and well-being
• Goal 16: Peace, justice and strong institutions
• Goal 17: Partnerships for the goals
• Goal 10: Reduced inequalities
• Goal 13: Climate action

Actions aligned with the 2030 Agenda and SDGs; contributions to various goals through various initiatives.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• LATAM Liferay Partner of the Year (2 years running)
• Gold medal (Ecovadis) for Nateevo, Serbatic, and VASS Luxembourg
• Bronze medal (Ecovadis) for VASS Consultoria de Sistemas SL
• i3 Award from the College of Computer Engineers of Castilla y León