Climate Change Data

Vectron Systems AG

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced paper consumption through digital receipt and menu solutions
  • Increased the useful life of IT hardware
  • Promoted the use of bicycles and set up charging stations for electric cars
  • Digitization of administration to reduce paper usage
  • Switched to print-on-demand for advertising material
  • Introduced a new company car policy favoring electric and hybrid vehicles

Social Achievements

  • Implemented measures to improve employee health and well-being (free drinks, team events, health screenings)
  • Ensured compliance with labor rights and good working conditions at suppliers
  • Promoted equal opportunities in application processes
  • Supported employee sporting activities
  • Offered flexible working hours and home office options
  • Provided company employee pension scheme subsidies
  • Supported the St. Mauritz children's and young people's charity

Governance Achievements

  • Compliance with the German Corporate Governance Code
  • Ensured transparency through stock exchange listing
  • Maintained an open, transparent, and integrity-based organizational structure to prevent corruption and bribery
  • Independent Supervisory Board

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Compliance with labor rights stipulated in contracts
  • Monitoring of production and supply chains through on-site visits

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • No Poverty
  • Good Health and Well-being
  • Quality Education
  • Gender Equality
  • Clean Water and Sanitation
  • Affordable and Clean Energy
  • Decent Work and Economic Growth
  • Reduced Inequalities
  • Sustainable Cities and Communities
  • Responsible Consumption and Production
  • Climate Action
  • Life on Land

Vectron's initiatives contribute to these goals through fair wages, employee benefits, supplier contracts, health and well-being programs, apprenticeships, equal opportunities, energy-saving POS systems, and sustainable product design.

Sustainable Products & Innovation

  • Digital receipt solution
  • Digital menu solution
  • Connection of bar- & kitchen manager