WIBIT ESG REPORT:
Climate change affects all of us!

To monitor our Corporate Social Responsibility (CSR) we work together with EcoVadis. EcoVadis provides comprehensive ratings for companies in the field of CSR through a global platform. 

The EcoVadis rating process evaluates the quality of our company’s sustainability management system, considering performance in environmental, labor and human rights, ethics, and sustainable procurement at all operating locations. Generally, each company is assessed based on the issues that are relevant to its size, location, and industry.

At Wibit, our core values define who we are and how we operate. They serve as the guiding principles that underpin our culture and drive our decision-making. These core values are also applicable in the context of sustainability. Our or core values from the perspective of ESG are as follows: 

Regarding the monitoring of our CO2-Emissions, we work closely together with ClimatePartner. Climate Partner assists clients in calculating and reducing their CO2 emissions, as well as in financing climate protection projects. The ClimatePartner certification label ensures transparency and credibility. Through ClimatePartner we finance a certified climate protection project in cooperation with Plastic Bank that supports local communities and contributes to reducing and preventing CO2 emissions as well as to several of the United Nations’ 17 Sustainable Development Goals. The Climate ID provides information about the calculated emissions, relevant reduction measures, financed climate protection projects, and the achieved sustainability goals of a climate protection project. For more detailed information about Wibit’s partnership with ClimatePartner visit: www.climatepartner.com/16665-2112-1001. 

Throughout our history, we have consistently strived to uphold ethical values and act responsibly. One of our long-term goals is to lower our CO2 emissions significantly. Wibit has committed to set near-term company-wide emission reductions in line with climate science with the SBTi (Science Based Targets). One of the targets determined in 2021 is to reduce the company’s CO2-footprint by 4,2 % annually (in Scope 1 and Scope 2) resulting in a total of 42 % by 2030.  

How can we achieve this goal?

First, we aim for transparency regarding our CO2 emissions. To make more sustainable decisions requires a greater awareness of our carbon footprint and how it is composed. ClimatePartner plays one of the most important roles regarding the monitoring of our emissions. Secondly, we try to avoid and reduce emissions wherever possible. For the upcoming years we want to look further into factors like logistics. One focus lied especially in inbound logistics, which turned out to be the second largest cause of carbon production in Scope 3 of our emissions. Besides that, we strive to strengthen partnerships with stakeholders that act sustainable themselves. As already mentioned, one more way to achieve a significant reduction of our carbon footprint is to compensate our CO2 emissions. In this regards we will keep working with ClimatePartner and their projects.  

At Wibit, we believe in the transformative power of our employees. Their direct involvement in shaping our sustainability agenda underscores our collective commitment to responsible business practices. As we forge ahead, we remain dedicated to empowering our workforce to contribute meaningfully to our sustainability journey, reinforcing our commitment to a sustainable future and fostering pride and purpose among our team. 

Our employees already demonstrate proactive sustainability by salvaging food from supermarkets and similar sources, preventing unnecessary waste, showcasing their commitment to minimizing waste. To take the involvement a step further we founded a “Sustainability Task Force”, composed of cross-functional team members along with the management team, to spearhead sustainable practices within our company. 

We believe in the value of a diverse workforce for improved decision-making and a deeper understanding of our business. Currently, our team comprises individuals from eight nationalities and various ethnic backgrounds, totalling 34 members at our German head office. 

In pursuing gender equality, we: 

• Use gender-neutral language in job offers. 

• Employ unbiased recruitment and assessment practices. 

• Utilize gender-neutral interview questions. 

• Strive for gender-balanced representation in our management team. 

• Uphold a wage policy favouring equal pay for equivalent positions.  

Wibit is official partner of the Royal Life Saving Society UK (RLSS UK), which is the Drowning Prevention Charity and the UK’s leading provider of water safety and drowning prevention education. Wibit and RLSS UK have a common goal to achieve essential standards in the industry that assure we make thousands of people safe and happy every day.

As of 2023 Wibit is a member of the International Board of Credential and Continuing Education Standards (IBCCES) and thus part of the Certified Autism Resource (CAR) program. IBCCES is dedicated to enhancing the lives of individuals with autism by promoting awareness, education, and inclusivity. Their board of experts conducted a review and determined that our products meet the needs of individuals with autism. 

We defined five of the 17 Sustainable Development Goals Wibit wants to specifically dedicate itself to. Next year we want to focus on the following goals:  

SOCIAL

SOCIAL & ENVOIRMENT

ENVOIRMENT

Governance