- Letter from the Board of Directors
- Management report
- Key figures
- Foundations for success
- Business model
- Strategy 2030+
- Risk management
- Stakeholders
- TCFD report
- Sustainability
- ESG governance
- Material topics and SDGs
- Economic impact
- Environmental impact
- Social impact
- Governance
- Corporate governance
- Board of Directors
- Management Board
- Additional information
- Remuneration
- Remuneration report
- Notes to the report
- CO reference table
- Statement by the Board of Directors
- GRI content index
- Due diligence and transparency
- Financial report 2024
- Vetropack Group
- Consolidated balance sheet
- Consolidated income statement
- Consolidated cash flow statement
- Changes in consolidated shareholders’ equity
- Consolidation principles
- Valuation principles
- Notes
- Ownership structure
- Company participations
- Alternative performance measures
- Five-year overview
- Vetropack Holding Ltd
- Customer surveys (Voice of Customer) are conducted regularly to determine customer satisfaction and improve our products and services
- Customer satisfaction is measured with the Net Promoter Score (NPS)
- The customer centricity mindset is entrenched throughout the company
- 122 measures have been implemented on the basis of results from the customer survey (Voice of Customer).
- New online presence for Vetropack with the five core promises #Sustainability, #Innovation, #Safety, #Teamwork, #Expertise.
- Customer Talk staged at Nemšová in 2024.
- Willingness to recommend Vetropack to others
- Performance compared to direct market competitors
- Opportunities to develop new services
- Indications of future expenditure, measured by our share of wallet (SOW)
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Here at Vetropack, we have a tradition of taking care of our customers and building long-lasting relationships. In 2023, following three years of volatility on the markets, we conducted an extensive survey to understand our current standing and identify potential for improvements.
Evan Williams, Chief Commercial Officer
SustainabilityCustomer satisfaction
So we can safeguard our position as one of Europe’s leading glass container manufacturers for the food and beverage industry, we depend on the satisfaction and loyalty of our customers. Their current and future needs go beyond high quality products and prompt deliveries. That is why we take account of sustainability aspects throughout our entire customer journey, and why we deploy professional customer relationship management to optimise interaction with our customers.
To support our customers with their sustainability ambitions, we need to make our processes and value chain as environment-friendly and socially responsible as possible. For this purpose, our strategic focus is on developing and expanding a readily available range of innovative products with a reduced environmental footprint (such as thermally tempered glass or reusable solutions). By the same token, good customer relationships – which create demand for our products – enable us to plan our production capacity and utilisation, leading in turn to more efficient use of energy and other resources.
Concepts, policies and measures
Customer care and retention, and interaction with customers
The customer journey starts even before the first contact is made: if we are to win new customers, they must be convinced of the advantages of glass as a packaging material. Under the umbrella of the Friends of Glass initiative, we support awareness-raising measures and campaigns that inform consumers and potential new customers about the health and environmental benefits of glass, based on scientific facts.
Dialogue with our customers focuses on commercial excellence, which is anchored in the Leader in quality strategic pillar in our Strategy 2030+. This is intended to ensure an optimal customer experience throughout the entire customer journey. Our aim is to understand our customers’ requirements and respond to them with appropriate products and services. This means that we address our customers’ needs in the best possible way, from initial contact and enquiry processing through to and then identifying a suitable product or desired service. We regard developing products jointly with our customers as a sign of successful trust-based collaboration. In line with our customer focus, we collect customer feedback and drive initiatives to improve collaboration on a continuous basis.
The illustration below shows the four golden rules of the customer centricity mindset. Responsiveness means that we answer customer enquiries promptly. Flexibility requires us to seek out solutions for customers’ requests, even when they are challenging. Urgency means that we address our customers’ concerns quickly, prioritising those of our key customers. We practice Proactive communication by providing our customers with news and identifying future opportunities.
Responsiveness Urgency Flexibility Proactive communication We use regular customer surveys to measure customer satisfaction – and, therefore, the way the customer experience is perceived. The Net Promoter Score (NPS) is the most important indicator for this purpose. It allows comparisons with our competitors. We assess these aspects in customer surveys:
Alongside customer surveys, we rely on market and trend analyses to advance the strategic development of our business. We also utilise findings from market research, and aim to pursue a customer-oriented sales and marketing strategy.
Ultimately, direct interaction with our customers is essential so we can identify their concerns and respond to them immediately. This is why local managers at the Vetropack sites maintain direct dialogue with our customers. This makes it simpler to implement appropriate projects at speed.
We use a Customer Relationship Management (CRM) system throughout the company to manage customer interactions. CRM simplifies data acquisition, data management and reporting, so the sales team has more time available to interact directly with our customers. Going forward, CRM will also be enabled to record and process customer complaints on a systematic basis and provide better insights.
At present, we already analyse the reasons for every customer complaint and we reach out to customers with comprehensive answers. We assign complaints to four categories: product, packaging, logistics, and commercial process.
We have implemented a Strategic Account Management (SAM) programme to manage our customer relationships on a systematic basis. SAM identifies our strategic customers, and it also supports the tools and processes needed to address the concerns of our key customers. As another SAM activity, we maintain regular exchanges between employees of our company and their counterparts with the same function in the customer’s company.
To organise our processes efficiently and systematically, we use SAP as our Enterprise Resource Planning (ERP) system for the entire order-to-cash process.
The environmental footprint of our products
There is growing interest in information about the ecological footprint. Eco-balance data helps to persuade potential new customers to opt for glass products, in view of their environmental footprint. We therefore offer comprehensive data on the environmental impact of the entire product life cycle, in accordance with the standards specified by the European Container Glass Federation (FEVE). For this purpose, we use a Life Cycle Analysis (LCA) tool that was developed jointly with FEVE. More information about our eco-balance calculator is available here.
3D printing laboratory
With our 3D-printing laboratory in Pöchlarn (Austria), we can offer our customers the opportunity to gain ‘hands-on’ knowledge of a packaging design prior to first production. Thanks to a special resin, we can accurately reproduce the geometry of the glass containers to be manufactured – so, even before production, our customers can get a sense of their look and feel. They can also assess the products with their stakeholders at an early stage, which makes the market launch simpler.
Sensor for optimal filling speed
One challenge for glass is the risk of filling line downtime due to breakage. This risk can influence the filling speed for foods and beverages. Bottlers and fillers who use glass packaging sometimes make a trade-off by lowering the filling speed to lessen the risk of breakage: this, in turn, reduces the filling rate and overall operating efficiency. In response to this challenge, we produce an exact replica of the glass container and use a sensor to perform load tests. With maximum precision, the sensor measures the forces acting on the glass container during filling. Thanks to this information, customers can adjust the filling speed optimally and implement targeted line improvements so as to increase throughput.
Joint product development
One of Vetropack’s strategic focal points is continuous optimisation of the product mix. We are committed to joint product development so we can implement our customers’ specific requirements. This is because customised products enable our customers to stand out from the competition in the market through design and functionality, and attract new consumers thanks to unique selling points. An account of a successful collaboration of this sort is available here.
Joint product development focuses increasingly on packaging reduction targets, in response to upcoming regulations and requirements for packaging such as the EU Packaging and Packaging Waste Regulation (PPWR). In this context, we are assisting our customers with implementing the rightweighting concept. This states that only as much material should be used as is needed for the packaging to fulfil its purpose. We are confident that our innovation of thermally tempered lightweight reusable glass will attract new customers – and in this way, we are responding to the preference for packaging with a smaller environmental footprint.
Online presence
Our customers can consult the online catalogue on the Vetropack website to find all our glass packaging products for beverages (including wines, spirits, beer, soft drinks and mineral water, etc.) as well as foods. Users of the online catalogue can access products based on a wide range of criteria such as filling volume, shape, colour, and closure type.
We publish Success Stories about satisfied customers on our corporate website or our LinkedIn channel. By posting these stories, we aim to motivate our employees, inspire our existing customers and attract new customers.
Progress and events in the reporting year
Voice of Customer surveyIn 2023, we conducted a Voice of Customer survey of over 240 customers. The goal was to gain valuable knowledge on how to improve customer satisfaction and loyalty. As already disclosed in the 2023 Annual report, we attained an NPS of +41 and achieved significant improvements for our strategic accounts. The survey identified customer care, quality and reliability as our greatest strengths. Based on the results, we defined 122 measures and areas with potential for improvement. Some of these measures are to be implemented at Group level, while others will be put into practice locally.
The survey confirmed our customers’ growing requirements regarding sustainability. This has prompted us to communicate strategically about this issue, and we have trained the entire sales team on the environmental impact of our products.
Before we conduct the next comprehensive customer survey in 2026, a ‘pulse check’ will take place in 2025 to measure the interim status and the success of the initiatives launched, and also to make any necessary adjustments.
Customer TalksCustomer focus – the customer centricity mindset – is crucial for our entire company if we are to offer the best customer experience. To heighten awareness of this requirement, we launched an online training programme in the reporting year: it has now been completed by over 900 employees. The content we teach in this programme includes our four golden rules of customer centricity. Another activity related to our customer focus was the series of ‘Customer Talk’ events we organised for the first time in 2024. For example, we invited one of our strategic accounts to participate in a ‘Customer Talk’ at Nemšová: we offered glimpses into production at one of our glassworks and in return, our employees gained valuable insights into the customer’s perspective. We also hosted two ‘Customer Talks’ at our Austrian plants in Pöchlarn and Kremsmünster, to which we invited local wineries. These events focussed on the introduction of a bottle with a special closure, the critical importance of reliable logistics, and the reduction in the weight of our bottles. We will be organising more events of this sort as a way of strengthening customer relationships and building trust.
Challenges for our customer relationshipsIn the middle of the year, we closed our site in St-Prex. As well as affecting our employees, the discontinuation of our Swiss production impacted the reputation of the Vetropack brand and, therefore, our customer relations. We have maintained constant dialogue with our customers, while optimising our stock levels and stepping up cooperation among our plants so we can ensure continuity of supply.
We also faced challenges in the Italian market. At the plant in Boffalora which opened in 2023, we expanded our product range and consolidated our market position during 2024. There is no denying the challenges that come with opening a new plant. Due to the implementation of new processes and procedures, it was not always possible to supply our customers with the products they required. We recognise the need to continue building our market offering in Italy so as to make full use of the plant’s capacity, both for existing and new customers.
New online presence for VetropackSince February 2024, our corporate website has featured a new and modern design with bold visuals and a clear focus – making it much easier to use and understand in every respect. Among the new features are the five core promises that we use as tags accompanying all content posted on the website: #Sustainability, #Innovation, #Safety, #Teamwork and #Expertise. We implemented this structure for various reasons, including the results from the Voice of Customer survey. The increase in user numbers proves the success of this redesign.
Performance indicators
Besides the Net Promoter Score, another indicator we use to measure customer satisfaction is ‘Customer complaints per 10 million units of glass packaging sold’. For competitivity reasons, however, we do not disclose this figure.
GRI 417-2 Incidents of non-compliance concerning product and service information and labeling
No significant incidents of non-compliance concerning product information labeling were notified in 2024. (2023: 0).
- Vetropack Group
- Corporate governance
- Governance
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