Vaude ranked 1st in the category “small and medium-sized enterprises” (SMEs) in the Ranking of Sustainability Reports, an assessment of the social and ecological commitment of German companies. The Ranking of Sustainability Reports is compiled by the Institute for Ecological Economy Research (IÖW), a scientific institute in the field of practice-oriented sustainability research, and future e.V., a business association of companies pursuing sustainable management. The ranking has been compiled since 1994, based on evaluation of the reporting of German companies on their social and ecological challenges and activities. Companies present their environmental and social activities and performance on a voluntary basis.
Vaude achieved a result of 671 out of 700 points, and was honored for best transparency regarding sustainability. The outdoor company accepted the award on Feb. 21 at the Federal Ministry of Labor and Social Affairs in Berlin, which supports the independent ranking. More than 100 reports were evaluated for this 10th ranking, and a total of six companies received awards.
Vaude publishes its Sustainability Report annually in accordance with the international Global Reporting Initiative (GRI) standard, which sets high transparency requirements. The company has put in place a “traffic light” system to illustrate whether or not targets for the reporting period 2017 were met. Objectives that have not been achieved are also clearly addressed and clarified, the jury's verdict explained.