Abbreviations and definitions
Abbreviations | |
ARC | Audit and Risk Committee |
BoD | Board of Directors |
CO2 | Carbon dioxide |
CO2e | Carbon dioxide equivalents |
CEO | Chief Executive Officer |
CHRO | Chief Human Resources Officer |
COO | Chief Operating Officer |
CPCO | Chief People & Culture Officer |
CVO | Chief Value Officer |
CSRD | Corporate Sustainability Report Directive |
D&I | Diversity & Inclusion |
DACH | Germany, Austria, Switzerland |
DoF | Designing our Future |
DPP | Digital Product Passport |
ESG | Environmental, Social, Governance |
GHG | Greenhouse Gas |
GPTW | Great Place To Work |
KPIs | Key Performance Indicators |
NES | Net Engagement Score |
NPS | Net Promotor 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.
Meaningful work We want all employees to experience their work as meaningful. This means work with a sense of purpose that makes them feel valued and appreciated. It should be work they enjoy doing and that is meaningful to others. And it means work that makes the most of their talents, because when people grow, so does our organisation. We are also committed to the social, physical and financial welfare of our employees.
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).
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: Altrio (BE), Assist Zorg (NL), CCSA (CH), IBN (NL) and Move Consultants (CH).
Value creation dashboard With the internal Value Creation Dashboard, we structurally manage our business based on the Six Capitals of Value Creation. The dashboard contains all the key elements of value creation, including information on employees, customers, society and finance.