MASHINIi

VEGANZ GROUP AG.

VEZ.XETRA | Manufacture of other food products n.e.c.

Veganz Group AG is a Germany-based company that produces and sells vegan food products. The company offers a wide range of plant-based alternatives to meat, dairy, and other animal-derived products. Their product portfolio includes vegan cheese, sausages, spreads, sweets, and frozen meals. Veganz di...Show More

Ethical Profile

Mixed.

Veganz, a B Corp certified brand (score 88.3), champions ethical, plant-based food, supporting animal welfare (Leaping Bunny certified) and healthier diets. 99.4% of its energy is renewable. Ethical sourcing includes 100% RSPO certified palm oil and 71% Fairtrade/UTZ cocoa processors, reporting zero forced or child labor. A whistleblower system is active, with no ethical breaches reported. Critics point to an environmental compliance violation in Slovakia (2021) and increased Scope 1 & 2 emissions in 2022. Packaging from recycled/renewable materials is 20%, targeting 50% by 2025.

Value Scores

Better Health for All20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-20
-100100
Fair Trade & Ethical Sourcing40
-100100
Honest & Fair Business-10
-100100
Kind to Animals20
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

20

Veganz Group AG's entire product portfolio is plant-based, which inherently contributes to positive health outcomes.

1
The company emphasizes a positive health impact through its products, with 16.6% of sales in 2021 coming from products with specific positive health claims (protein, iron, vitamin B12, omega-3, fiber).
2
As a 100% vegan company, it has no revenue from products with direct negative health outcomes.
3
The company maintained a strong safety record in 2021 with no product recalls and only one minor food safety regulation violation in Slovakia due to a supplier printing machine error.
4
Veganz also demonstrates a commitment to nutritional quality and food safety, with 55% of its product range certified organic in 2021 and achieving a top rating of 95.7% compliance with IFS Broker food safety standards.
5
The company is investing in research and development of textured meat substitutes.
6
While Veganz emphasizes transparency in its sustainability efforts and product labeling, there is no specific data on risk disclosures or marketing practices related to health risks.
7

Fair Money & Economic Opportunity

0

No evidence available to assess VEGANZ GROUP AG on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-20

In 2022, the company's Total Recordable Injury Frequency Rate (TRIFR) was 6.1.

1
The adjusted gender pay gap in 2022 was -2.5%, meaning women earned 97.5% of men's pay in comparable roles.
2
The average Employee Net Promoter Score (eNPS) for 2022 was 1.0 points, a significant decrease from 32.7 points in 2021.
3
The voluntary fluctuation rate for Veganz Group AG was 16.7% in 2022.
4
In 2022, 18% of employment contracts were fixed-term, exclusively for working students.
5

Fair Trade & Ethical Sourcing

40

The company reported zero substantiated forced or child labor findings in the last three years.

1
All supplier contracts include enforceable ethical-sourcing clauses.
2
Furthermore, 100% of palm oil processors are RSPO certified, and 71% of cocoa processors hold Fairtrade or UTZ certification, indicating a transition to 0% high-risk spend for these materials.
3

Honest & Fair Business

-10

The company reported zero legal costs for marketing violations and zero cases of ethical breaches or corruption for 2020, 2021, and 2022.

1
A minor food safety violation (missing best-before date on 5 articles) was identified in Slovakia in 2021, but no recalls or fines were mentioned.
2
Veganz publishes an annual ESG report, structures its non-financial report according to GRI Universal Standards 2021, and reports KPIs based on SASB and WEF metrics.
3
It also displays sustainability scores and eco-balance figures on product packaging, verified by Eaternity, and has started making supply chains transparent on the Seedtrace platform.
4
A whistleblower system was introduced in May 2022, but no reports were received in 2022.
5
The company had two financial restatements in 2022 for CO2 consumption and packaging types due to incorrect calculations.
6
All 32 active suppliers were certified according to internationally recognized food management system standards in 2022, and the company's own production site was certified with a 95.0% compliance rate according to IFS Global Market Food Audit.
7
Veganz received a 'Higher Level' rating with a 97.7% compliance rate for IFS Broker in 2022.
8
The company reported zero cases of ethical behavior breaches or corruption in 2020, 2021, and 2022.
9
Four of the five Supervisory Board members are explicitly stated to be independent.
10
A Code of Conduct prohibits unauthorized benefits and the company offers staff training and reviews anti-corruption measures.
11
The company uses third-party verification for sustainability scores (Eaternity), food safety (IFS Broker, IFS Global Market), and supplier certifications (BIO, Fairtrade, IFS, BRC, Sedex audits).
12

Kind to Animals

20

Veganz Group AG is a purely plant-based/vegan food company, characterized by a complete absence of all animal ingredients in its products and production.

1
This means the company has no animal-derived products or testing activities, no animal husbandry or captive operations, no animal inputs, and no eggs, meat, or dairy sourced. Therefore, the KPIs for cruelty_free_cert_share, alt_testing_usage, humane_cert_ops_pct, ethical_input_sub_pct, cage_free_source_pct, and animal_agriculture_ethics are scored as N/A (0). The company has a global ban on all animal testing across every product category, and no animals have been used in any testing protocols since 2010, resulting in a score of 100 for animal_testing_policy and animal_testing_volume. Veganz invested approximately €310.0 thousand in research and development in 2022.
2
Based on 2023 sales of EUR 16.4 million,
3
this investment represents approximately 1.89% of sales, which aligns with the 10 tier for innovation_investment_pct (5% of R&D budget committed to animal-free technology development). Veganz requires all 32 active suppliers to be certified according to an internationally recognized food management system standard and has a Code of Conduct for Business Partners.
4
However, no supplier audits were conducted in 2022 due to the pandemic, with a target of at least three detailed audits per year from 2023 onwards.
5
This lack of consistent, evidenced auditing means there is no sufficient data to score supplier_audit_pct beyond N/A (0).

No War, No Weapons

0

No information relevant to VEZ.XETRA's association with arms manufacturing, military contracts, conflict facilitation, or peace initiatives was found in the provided articles.

1

Planet-Friendly Business

0

In 2022, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 8,234.1 tCO₂e, representing a 23.94% decline from 2021.

1
The company sourced 99.4% of its operational energy from renewables in 2022.
2
Water use per €1 million sales was 74.7 m³ in 2022.
3
The waste diversion rate was 84.4% in 2020.
4
In 2021, the company recorded one environmental compliance violation in Slovakia, but no violations were reported in 2022.
5
Packaging CO₂ for vegan cheese was less than a quarter compared to conventional cheese.
6

Respect for Cultures & Communities

0

No evidence available to assess VEGANZ GROUP AG on Respect for Cultures & Communities.

Safe & Smart Tech

0

The company reported no data breaches or violations for 2020 and 2021.

1
No incidents of unauthorized data use have been reported, and data access controls are in place.
2
The ordering process is encrypted using TLS, and encryption protocols and software are generally used.
3
Employees sign a Code of Conduct with data protection clauses, and training on ethical behavior is ongoing.
4
The company explicitly states compliance with GDPR.
5
Users have rights to access, rectification, erasure, restriction of processing, objection, and data portability.
6
Data is stored only as needed and restricted after two years.
7

Zero Waste & Sustainable Products

0

No evidence available to assess VEGANZ GROUP AG on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.