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2020 Corporate Responsibility Report

Sustainable Procurement ESG KPI KPI

The Sustainable Procurement ESG KPI img remained on a stable level against the prior-year figure. The share of the procurement volume that has been risk-assessed momentarily amounts to 81 percent. Our aim to keep a coverage of at least 80 percent until 2020 was thereby achieved.

As announced in the 2019 CR Report, we changed our sustainability performance metric for procurement in 2020 in order to meet the increasing requirements of our stakeholders. To this end, one of the steps we took was to define two new ESG KPIs: The “Procurement Volume Without CR Risk ESG KPI” and the “Order Volume Verified as Non-Critical ESG KPI”. The new KPIs replace the previous KPIs “Sustainable purchasing” and “CR-qualified top 200 suppliers”.

We measure the degree to which our procurement volume is covered by sustainable activities with the Sustainable Procurement ESG KPI. It measures the share of procurement volume we obtain from suppliers where one or several Group companies of the corporate group have been assessed for compliance with our social and environmental standards by way of self-assessments and/or audits. This also applies for audits carried out on subcontractors. In the coming years we expect our Sustainable Procurement ESG KPI to stay at a constant level.

 

Reporting against standards

 

Global Reporting Initiative (GRI)

  • GRI 412-1 (Human Rights Assessment)
  • GRI 414-1 (Supplier Social Assessment)

German Sustainability Code

  • Criterion 1 (Strategy)
  • Criterion 3 (Objectives)
  • Criterion 4 (Depth of the Value Chain)
  • Criterion 6 (Rules and Processes)
  • Criterion 7 (Control)
  • Criterion 17 (Human Rights)

Global Compact

  • Principle 1 (Support and respect for internationally proclaimed human rights)
  • Principle 2 (No complicity in human rights abuses)
  • Principle 5 (Abolition of child labor)

European Federation of Financial Analysts Societies (EFFAS)

  • V28-04 (Supply Chain)