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