Sustainability
Our contribution to sustainable development
Dr. Constantin Schöler, Dr. Christoph Schöler Executive directors of the BRAND Group
Sustainability is not a trend for us, but a firm conviction. The responsible use of resources and transparent corporate governance are just as fundamental for the future of the Brand Group as they are for the future of our planet. In 2024, we not only consistently continued our sustainability initiatives but significantly expanded them.
With the Sustainability Report 2024, we aim to inform openly and fact-based about our activities in the areas of Environment, Social, and Governance (ESG).
Environmental and Social Report 2024
Environmental and Social Report 2023
Award as a sustainable company
VITLAB GmbH has successfully participated in the sustainability ranking of the EcoVadis evaluation platform. According to EcoVadis, VITLAB is among the top 25 percent of comparable companies evaluated and is awarded silver status for this.
United Nations Global Compact
With more than 20,000 participating companies, the United Nations Global Compact is the world's largest initiative for corporate sustainability and social responsibility. The Brand Group supports the ten principles of the UN Global Compact in the areas of human rights, labor standards, environmental protection and anti-corruption and has joined the initiative on September 30, 2024. In the future, we will therefore report publicly every year on the activities with which we integrate the ten principles into our business strategy and thus make a contribution to the United Nations' goals for sustainable development and social responsibility.
Validation of our greenhouse gas (GHG) targets
The Science Based Targets initiative (SBTi) is a partnership between CDP (Carbon Disclosure Project), the UN Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). It supports companies and financial institutions in setting emissions targets aligned with the scientific 1.5°C and “well-below 2°C” pathways. In addition, the SBTi reviews and validates the targets of participating companies and advances transparent, measurable emissions reductions worldwide for short- and long-term net-zero goals by 2050 at the latest.
As part of our SBTi commitment, we are focusing on measurable and verifiable emissions reductions across our value chain. Brand Group SE & Co. KG commits to reduce absolute scope 1 and 2 GHG emissions 42.0% by 2030 from a 2023 base year. Brand Group SE & Co. KG commits to reduce absolute scope 3 GHG emissions 25.0% by 2030 from a 2023 base year.