Abbreviations and definitions

Abbreviations

 

ARC

Audit and Risk Committee

BoD

Board of Directors

CO2

Carbon dioxide

CO2e

Carbon dioxide equivalents

CEO

Chief Executive Officer

COO

Chief Operating Officer

CPCO

Chief People & Culture Officer

CVO

Chief Value Officer

CSRD

Corporate Sustainability Reporting Directive

D&I

Diversity & Inclusion

DACH

Germany, Austria, Switzerland

DoF

Designing our Future

DPP

Digital Product Passport

ESG

Environmental, Social, Governance

GHG

Greenhouse Gas

KPIs

Key Performance Indicators

NES

Net Engagement Score

NPS

Net Promoter Score

P&C

People & Culture

PSO

Prestatieladder Socialer Ondernemen, Dutch certification for social impact

REMCO

Selection and Remuneration Committee

SLT

Strategic Leadership Team

StAK

Vebego trust office foundation, set up to separate voting rights from economic rights of shareholders

TCF

Tax Control Framework

Assist Analytics engagement monitor We measure our leadership behaviour and work environment using Assist Analytics' 16 Engagement Questions, which results in a Net Engagement Score (NES). The NES measures the distribution of employee engagement, classifying employees as highly engaged (promoters) or less engaged (detractors) based on their scores across the 16 key topics.

Corporate Sustainability Reporting Directive The Corporate Sustainability Reporting Directive (CSRD) requires companies to report on the environmental and social impacts of their activities, and mandates the audit (or assurance) of the reported information. The adoption of the CSRD by the European Commission aligns with the commitment made under the European Green Deal, which aims to make Europe the first climate-neutral continent by 2050.

Designing our Future The name of the 2020-2025 transition programme aimed at keeping Vebego future-proof.

EcoVadis Evidence-based online sustainability rating platform. It enables 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 21 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.

Strategic core companies The core of large Vebego companies (100% owned): Vebego AG (CH), Vebego Bright Solutions (BE|NL), Vebego Cleaning Services (NL), Vebego Cleaning & Services (BE), Vebego Facility Services (DE), Vebego Facility Solutions (NL), Vebego Groen (NL), and Vebego Zorgservice (NL).

Strategic core investments Companies within the Vebego family where there is a partnership or where the company has a specialised activity. Strategic core investments are: Assist Zorg (NL), CCSA (CH), IBN (NL), and Move Consultants (CH).

My Report