What does sustainability mean for Vitec?

Sustainability, defined in ecological, social and financial terms, is fundamental to our success.

We are committed to making a positive impact on society and reducing risks through our products, a responsible business, and the expertise and creativity of our people. We will facilitate the needs of today, without jeopardizing the opportunities of future generations.

Vitec has an entrepreneur-driven approach to sustainability. We turn challenges into opportunities by taking the initiative, showing responsibility and making sustainability issues a driving force. Key skills for developing a sustainable business are holistic and long-term thinking.

We are guided by the Paris Agreement, the European Green Deal, the UN Agenda 2030 and Global Goals, and we aim to help achieve these goals. In order to focus our sustainability work on those areas where our operations have the greatest impact and where we believe we can make the biggest difference, Group management has developed a number of focus areas. They are linked to the Global Goals and clear performance indicators and activities have been set so that we can monitor our results.

Summary of sustainability targets

KPI	Targets	Target 2030	Outcome 2024	Unit
Greenhouse gas emissions/sales	Carbon neutral by 2030, reduce emissions/sales by 75% from 2019 to 2030	0.25	0.57	tons of CO2/sales
Greenhouse gas emissions from business trips	Reduce emissions from business trips by 50% from 2019 to 2030	0.55	0.47	tons of CO2/employee
Fossil-free energy in electricity contracts	100% fossil-free electricity contracts by 2025	100%	98%	%
Electricity consumption in office premises/employee	Continuously decreasing electricity consumption/employee	Decreasing	1 353	kWh/employee
Gender distribution	Equal gender distribution among all employees (40/60)	40-60%	32%	%
Information security - training	100% of all employees complete online information security training	100%	93%	%