VILLEROY + BOCH AG VZ.
VIB3.XETRA | Manufacture of other porcelain and ceramic products
Villeroy & Boch AG is a German manufacturer of ceramics. The company's product portfolio includes tableware, cookware, bathroom and wellness products, and tiles. Villeroy & Boch operates through two divisions: Bathroom and Wellness, and Tableware. The Bathroom and Wellness division offers ceramic sa...Show More
Better Health for All
0
No evidence was found in the provided articles to assess Villeroy & Boch AG against the 'Better Health for All' ethical value. The articles primarily focus on environmental sustainability, energy efficiency, and general product innovations, with no specific data points related to health outcomes, accessibility of health products or services, user safety records, health-related investments, or any other criteria defined within the rubric for this value. Information regarding workplace safety or environmental pollution was explicitly excluded by the value definition.
Fair Money & Economic Opportunity
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Villeroy & Boch AG is a manufacturer of ceramics, not a financial institution.
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The company does not offer lending or deposit services, consumer credit products, or financial education programs.
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Its operations do not involve customer financial data, nor is it regulated as a lender.
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Therefore, all KPIs related to financial services, lending, fees, customer financial data, and financial literacy are not applicable to its core business model. The provided articles detail social responsibility initiatives and CSR efforts, but these do not constitute community finance reinvestment or financial inclusion programs as defined by the rubric's specific metrics.
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Fair Pay & Worker Respect
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No specific, quantitative data points for VIB3.XETRA were found across the provided articles for any of the Fair Pay & Worker Respect KPIs.
1
The articles either discuss general economic trends, provide industry averages for a specific country without linking them to the company, or outline company codes of conduct which detail policies and principles rather than reporting actual performance metrics for VIB3.XETRA's own operations.
Fair Trade & Ethical Sourcing
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In 2020, 88% of the company's procurement volume was covered by its Code of Conduct, an increase from 84% in 2019.
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This Code of Conduct outlines principles for ethical sourcing, including prohibitions against child and forced labor, discrimination, and bribery.
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It mandates that suppliers adhere to national and international laws, ILO conventions, and UN regulations, and ensure their own suppliers adhere to similar standards.
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The company reserves the right to verify compliance through audits and third-party verification.
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Honest & Fair Business
-20
The company has a formal whistleblower system with electronic and postal reporting channels, ombudsman contact details, and anonymous reporting options.
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Reports are acknowledged within 3 business days, and whistleblowers are informed of the matter's status within three months.
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The company protects whistleblowers acting in good faith and investigates suspected retaliation.
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A Code of Conduct is in place, strictly prohibiting corruption, gifts, and advantages not in line with the law, with specific policies for consulting agreements, donations, sponsoring, political activities, and grants to authorities.
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The company's compliance management system was audited in Q1 2016 by BAX GmbH Wirtschaftsprüfungsgesellschaft Rechtsanwaltsgesellschaft, focusing on competition law and anti-corruption.
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The company also publishes Modern Slavery Act Transparency Statements from 2017-2024.
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Kind to Animals
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No specific, concrete data points were found in the provided articles to assess Villeroy & Boch AG against the 'Kind to Animals' ethical value. The articles did not contain information on cruelty-free certifications, alternative testing methods, humane certifications for operations, measurable wildlife conservation impact, ethical input substitution, animal testing policies or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement related to animal welfare.
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While one article mentioned 70% of key raw material suppliers were audited for compliance with ethical sourcing guidelines,
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this is not explicitly tied to animal welfare compliance for animal-related suppliers, which is the specific requirement of the KPI.
No War, No Weapons
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The company's core business is the manufacture of ceramics, including tableware, cookware, bathroom and wellness products, and tiles. There is no evidence in the provided articles or company description of any revenue derived from arms or defense contracts, nor any involvement in dual-use technology development.
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The company has no exposure to controversial or banned weapons, and no ethical red lines related to weapons are needed given its business model.
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Planet-Friendly Business
-40
In 2023, Villeroy & Boch's Scope 1 and 2 CO₂e emissions totaled 90,805 tonnes, a 21.69% reduction from 115,964 tonnes in 2022.
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The company does not provide specific data on Scope 3 emissions.
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For renewable energy, internal solar power generation was 978 MWh in 2023, representing less than 2% of the total 2023 electricity consumption of 78.1 GWh.
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Fresh water consumption in 2023 was 951,690 m³, and group revenue was €901.9 million, resulting in approximately 1,055 m³ per $1 million revenue (using a 1:1 EUR:USD conversion).
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In 2023, 1% of capital expenditure was aligned with the EU Sustainable Taxonomy.
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The company reported no significant risks related to business activities or products that could have a serious negative impact on sustainability, and one internal investigation in 2023 related to compliance violations had no disciplinary consequences.
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Respect for Cultures & Communities
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No specific, concrete data points or facts were found in the provided articles to assess VIB3.XETRA against any of the KPIs for 'Respect for Cultures & Communities'. The articles primarily focus on job opportunities, employee reviews, or a subsidiary's anniversary, explicitly stating no relevant information for the requested metrics.
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Safe & Smart Tech
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Villeroy & Boch states it uses state-of-the-art encryption techniques such as SSL over HTTPS.
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The company explicitly states compliance with GDPR.
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Data is stored only as long as necessary or for legal retention periods.
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Users can change or delete registered information and request data correction or deletion.
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Customer accounts are password-protected.
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Zero Waste & Sustainable Products
-50
Villeroy & Boch collaborates with INTERSEROH for a circular economy, indicating some awareness of circular design.
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The company has implemented several waste reduction initiatives, including packaging process optimization that saved 58 tons of plastic in 2022, recycling 100% of industrial wastewater, and reusing waste heat from kilns and compressors.
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Villeroy & Boch is certified to ISO 14001, demonstrating good hazardous waste management.
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The company has set company-wide sustainability goals and aligns with the European Green Deal's target of zero net greenhouse gas emissions by 2050.
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Villeroy & Boch publishes Environmental Product Declarations (EPDs) for over 14,000 products to provide comprehensive information for customers to evaluate and optimize the sustainability of their building projects.
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