VERBIO SE.
VBK.XETRA | Manufacture of refined petroleum products
VERBIO SE is a leading German bioenergy company specializing in the production of biofuels. The company operates in two segments: biodiesel and bioethanol. VERBIO produces biodiesel from renewable raw materials such as rapeseed oil, used cooking oils, and other vegetable oils. Their bioethanol produ...Show More
Better Health for All
0
The company's core business is the production of biofuels, which are not directly health-related products or services. While biofuels may have indirect health implications through reduced air pollution (as mentioned in ), also highlights potential negative health impacts from biofuel production and use, such as air pollution, water/soil pollution, and food price changes affecting nutrition.
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There is no specific data to quantify the net health effect of the company's product portfolio or the percentage of revenue from products with well-established negative health outcomes.
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Furthermore, the articles do not provide any specific, concrete data points for any of the other KPIs related to health impact, safety, accessibility, innovation, equity programs, workforce support, preventative measures, data responsibility, crisis response, mental health, patents, nutrition, education, addiction mitigation, or clinical trial ethics.
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Therefore, all KPIs are omitted due to a lack of relevant evidence.
Fair Money & Economic Opportunity
0
VERBIO SE is a bioenergy company that produces and sells biofuels. The provided articles focus on its financial performance, production capacity, and a code of conduct for suppliers. There is no evidence to suggest that the company operates as a financial institution, offers lending or deposit services, or provides any financial products to consumers or businesses. Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable to VERBIO SE's core business model.
Fair Pay & Worker Respect
-20
For the financial year 2023/2024, the company reported a Lost Time Injury Frequency (LTIF) of 2.0, with zero fatalities.
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This is an improvement from the LTIF of 2.7 in the previous year.
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The global voluntary employee turnover rate was approximately 15.4% for the same period, while the turnover rate for German companies was 7.9%.
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Employee reviews on Glassdoor indicate a 54% recommendation rate and a 70% CEO approval rating.
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However, multiple reviews highlight safety concerns, a lack of safety culture, and management's disregard for safety protocols.
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Additionally, for Verbio India, there are alleged POSH violations, women harassment, and financial settlements to cover issues.
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Fair Trade & Ethical Sourcing
-50
During the reporting period, no violations of child, forced, or compulsory labor were reported at VERBIO or its partners.
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The company has a Code of Conduct for both employees and business partners that explicitly states non-tolerance for such labor.
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However, there is no evidence regarding the percentage of supplier contracts that include enforceable ethical-sourcing clauses.
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Additionally, less than 1% of the procurement budget is directed to minority and women-owned businesses, with no specific strategic targets mentioned.
Honest & Fair Business
-20
Verbio SE operates a 24/7 whistleblowing system for internal and external parties, allowing anonymous reports and explicitly prohibiting retaliation.
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Whistleblowers receive confirmation within 7 days and an investigation outcome within approximately 90 days.
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The company's annual and consolidated financial statements for the year ended June 30, 2024, received unqualified audit opinions from Grant Thornton AG and were adopted.
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The Supervisory Board also performed a voluntary limited assurance audit of the non-financial Group statement for 2023/2024.
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The audit committee examined the auditor's independence and received regular reports on compliance and risk management.
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The Management Board reported no conflicts of interest affecting board members in the financial year just ended.
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Verbio SE maintains a zero-tolerance policy for bribery and corruption, conducts pre-commencement screening for all third parties, and provides training on corruption prevention, particularly for sales and purchasing employees.
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However, the extent of independent verification of ethical claims is limited to the non-financial Group statement and the technical implementation of the whistleblower system by an external company.
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Kind to Animals
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VERBIO SE's core business involves producing biofuels from plant-based raw materials like rapeseed oil, used cooking oils, grains, and straw, which are not animal-derived.
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The company also produces animal feed components (stillage, protein concentrates, Glycosalt) as by-products of its biofuel production, and offers these as alternatives to conventional animal feed.
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There is no evidence that VERBIO uses animal-derived inputs in its product lines or operates animal agriculture facilities, making these KPIs not applicable.
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No War, No Weapons
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The provided articles for VERBIO SE (VBK.XETRA) do not contain any specific, concrete data points or facts related to arms manufacturing, military contracts, conflict facilitation, or peace initiatives.
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The company's core business is described as bioenergy and biofuels,
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but no explicit evidence is provided in the articles to score any of the 'No War, No Weapons' KPIs. Information about other companies (e.g., Rheinmetall AG, I.G. Farben) or general UN reports is not applicable to VERBIO SE. Therefore, no KPIs can be scored based on the evidence provided.
Planet-Friendly Business
-50
Verbio SE has set a climate neutrality target for Scope 1 and 2 emissions by 2035.
1
The company presents information on EU taxonomy eligibility and alignment in its non-financial Group statement and publishes an integrated Group management report and sustainability reports aligned with CSR-RUG and Global Reporting Initiative (GRI) standards.
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However, there is no specific disclosure on TCFD alignment, and climate scenario analysis is not explicitly mentioned.
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Respect for Cultures & Communities
-20
As of December 2023, 22.4% of the company's workforce was recruited from local communities.
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Safe & Smart Tech
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No evidence available to assess VERBIO SE on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess VERBIO SE on Zero Waste & Sustainable Products.