We ourselves attach great importance to a corporate culture of integrity and sustainability. We are guided by our five core values:
- Team Spirit,
- and Ownership.
However, the key to our success also lies in our future orientation which manifests itself in our responsibility towards our environment and society. That is why we are committed to high environmental and social standards in our company and within our supply chain.
In summary: Sustainability is the core of our business model and at the same time, an integral part of our entrepreneurial actions.
In our sustainability strategy, we are guided by the ESG breakdown: Environment, Social, Governance. In the following, we provide a summary of the measures we implement in the respective areas.
Environment – Our commitment to the environment
Environmental protection is of great importance to us. Therefore, we are constantly improving our existing resourceful and sustainable processes in our company.
At our locations, we are continuously optimising our circular economy and paying attention to resource conservation. There is a particular focus on preventing use of plastic and reduce waste generation. At our Munich headquarters, for example, we offer our employees reusable containers to minimize the amount of packaging material used for takeaway meals during lunch breaks. In addition, we support projects in disaster, environmental and species protection both financially and through corporate volunteering by our employees. During the Ahr Valley flood disaster in the summer of 2021, we were able to make a donation to an aid organisation for the purchase of needed equipment. Our employees have participated, among other activities, in CleanUp campaigns as volunteers in Munich and Kochi and planted trees on a Berlin hospital site.
We already use green electricity from renewable sources at our main locations in Germany. This also applies to some of the data centers where we operate our products for our customers. We also contribute to minimizing our carbon footprint by encouraging our employees to use bicycles or public transport for their daily commute, while air travel and cars are only permitted for business trips in exceptional circumstances.
For the second year in a row, we voluntarily accounted for our greenhouse gas emissions (GHG report): In 2022, we emitted 714 metric tons of CO2 equivalents (CO2e) in the course of our business activities, resulting in emissions per employee of 1.23 metric tons. All three emission scopes (Scopes 1, 2 and 3) were taken into account. The calculation follows the standards of the Greenhouse Gas (GHG) Protocol and DIN EN ISO 14064:2019 and was audited by TÜV Rheinland Energy GmbH. Detailed information can be found in our current Sustainability Report in the chapter “Environmental protection”. In the future, we will continue to provide transparent information on our GHG emissions on an annual basis.
Social – Our commitment to our employees, partners and society
With our Code of Conduct, we are committed to maintaining high social and ethical standards. We place great value on diversity and we are proud of our multinational teams. We are convinced that success and a good working atmosphere come from respectful and trust-based teamwork. In addition, our values promote a working environment characterised by equal opportunities for all employees. We live these values every day with the help of our ten principles for successful cooperation and thus achieve a high level of employee satisfaction (4.06 stars out of 5 in the 2022 employee survey).
We also expect our business partners to implement the same high social standards and oblige them to comply with them through our Business Partner Code of Conduct. In the joint code of conduct, we pass on our high standards in connection with human rights, fair working conditions and anti-corruption to our business partners.
Outside of our company, we are involved in areas of anti-corruption and IT education for women. As part of our corporate volunteering activities, our employees participate in social activities, for example in a mission at a Munich retirement home for visually impaired and blind people, by taking part in a 30-kilometer run to support two social causes, and by sorting donations for refugees from Ukraine.
Governance – Experts for good corporate governance for more than 20 years
With our products, we have been supporting companies and organisations in maintaining and complying with ethical standards and laws for more than 20 years. In this way, we help to prevent unacceptable actions and uncover abuses.
However, sustainability is also firmly anchored in our corporate culture and in all areas of corporate management. Sustainability is a top priority at EQS Group, which means that our CEO is responsible for the strategy, communication and the management of the topics. Our company guidelines, commitments and principles are transparent for everyone and are both actively communicated and demanded by the CEO. We live these clear guidelines with our managers, employees, suppliers, partners and shareholders.
We cultivate responsible corporate governance and therefore support any further development of the German Corporate Governance Code that contributes to increasing the transparency of corporate processes and strengthening investor confidence. In our Declaration of Compliance, we have acknowledged the recommendations of the “Government Commission on the German Corporate Governance Code” in the version dated April 28, 2022 and listed any deviations.
As an active member of various professional associations, e.g., the German Institute for Compliance (DICO), the Professional Association of Compliance Managers (BCM) and Le Cercle de la Compliance in France, we deepen our knowledge of anti-corruption, compliance, business ethics and data protection while passing on our know-how in the form of expert lectures.
Compliance @ EQS Group
As one of the leading European providers of compliance software, the topic of compliance is firmly anchored in our corporate DNA. Our Code of Conduct forms the basis for our shared values and behaviours. In addition, we live a speak-up and listen-up culture where the open and early addressing of grievances is encouraged and acts as a form of preventative risk management. Our employees can anonymously report grievances through our internal whistleblowing system EQS Ethics Line.
Our participation in the UN Global Compact
A sustainable environment and society can only be achieved if many individual actors pull together. EQS Group AG also wants to assume global responsibility and is therefore committed to the ten principles of the UN Global Compact. We are therefore part of the world’s largest initiative for responsible corporate governance and we contribute to a fairer and more sustainable global economy.
The UN Global Compact was founded in 1999 on the initiative of then Secretary General Kofi Annan. It defines a common system of values for companies and interest groups that want to strategically anchor sustainability issues. The focus is on ten principles in the areas of human rights, working conditions and anti-corruption. More than 17,000 companies across the world are already part of the voluntary initiative.
In 2023, the UN Global Compact Network Germany was founded, bringing together the German signatories of the UN Global Compact from business, civil society, science and the public sector. By becoming a member of the association, EQS Group AG underscores its commitment to greater sustainability and the Ten Principles of the UN Global Compact.
Contribution of EQS Group AG
- Anchoring measures to combat corruption and bribery in our EQS Group Code of Conduct as well as for our business partners in the EQS Business Partner Code of Conduct
- Prompt integration of current legal framework conditions into our internal rules and regulations
- Providing software products for companies, organizations and government agencies to combat wrongdoing through internal reporting such as EQS Integrity Line
For more information, see Compliance @ EQS Group and Governance – Experts in good corporate governance for over 20 years.
For the second time in a row, EQS Group AG has prepared its comprehensive sustainability report, which you can view below for the year 2022. The content of the sustainability report follows the GRI standards of the Global Reporting Initiative (GRI). We want to inform our stakeholders transparently about key areas of action, measures, targets and key figures.
Our sustainability reports:
In the latest EthiFinance 2023 ESG Performance Rating, based on data for the year 2022, EQS Group received a rating of 55/100 points. The result exceeds the value of the benchmark and shows an improvement in all evaluated categories. For EQS Group this means an overall increase of 9 points compared to the previous year* (46/100 points)
This non-financial rating assesses the degree of transparency and the performance of companies in relation to environmental, social and governance (ESG) criteria as well as in relation to external stakeholders. Founded in 2004, EthiFinance is an independent French player in financial and non-financial rating, research and consulting. The rating agency is specialised in assessing the ESG performance of companies listed on European markets.
*as due to an adjustment of the calculation basis also past ratings were adjusted retroactively.