- 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
- Diversity, equity and inclusion as part of our Employer of Choice strategy
- Regular training on diversity, equity and inclusion
- Transparent guidelines on pay evaluation, job evaluation and promotion
- Employee survey confirms that our employees perceive Vetropack’s corporate culture as non-discriminatory and inclusive
“
Thanks to our Employer of Choice strategy, Vetropack succeeds in creating a diverse and inclusive workplace environment, and in appreciating our employees’ diverse experiences and perspectives.
Nuno Cunha, Chief HR Officer
SustainabilityDiversity, equity and inclusion
Vetropack is committed to an inclusive and non-discriminatory corporate culture where diversity is valued and equal opportunities are fostered. A diverse workplace environment contributes to our employees’ satisfaction – which, in turn, promotes creativity, innovative strength and productivity throughout our entire company.
Vetropack places heavy emphasis on promoting diversity, equity and inclusion at all levels of the organisation. Equity means ensuring that all employees are treated fairly and have access to equal opportunities for growth and development, taking account of their individual needs and circumstances. A diverse workforce promotes flexibility and innovation – thus positively impacting Vetropack’s competitiveness and business success. If we are not committed to diversity, equity and inclusion, there is an increasing risk that we shall lose employees to our competitors.
Concepts, policies and measures
Diversity, equity and inclusion are entrenched in our strategy, policies and guidelines
Promoting diversity, equity and inclusion is a cornerstone of our Employer of Choice strategy, which aims to ensure that all our employees feel comfortable, are given opportunities for professional and personal development, and are able to engage. More information about this strategy is provided in the Employee satisfaction section.
Our Business ethics policy and our Code of conduct prohibit any form of discrimination or unfair treatment. Our policies state that we recruit, assess and promote our employees on the basis of objective criteria, in accordance with the qualifications and skills required for a position.
To standardise our HR processes, we use the Performance Management module in the SAP SuccessFactors tool. This module measures relevant KPIs and helps to standardise performance goals. This, in turn, supports unbiased and consistent assessment of our employees’ performance.
Our recruitment and promotion policies foster recruitment processes that are transparent and therefore fair, and they contribute to fair decisions on promotions. Our recruitment guidelines ensure that we fill new positions without prejudice, and in accordance with our values. To offer our employees prospects for development, we always advertise our vacant positions within the company as well as externally. We endeavour to select the best-qualified applicants and, at the same time, to create a diverse workplace environment.
Although some of our sites are over 100 years old, we consistently implement measures to ensure accessibility for individuals with physical limitations by undertaking maintenance work or implementing structural optimisations.
If our employees have any concerns about discrimination, harassment or inappropriate behaviour, they can raise such issues safely and anonymously – for example, via our SpeakUp Hotline. We also encourage our employees to contact the Legal & Compliance department, the Human Resources department or their direct line manager in the event of suspected or identified incidents. Compliance training familiarises employees with these processes. More information on this topic is available in the Compliance section.
Diverse nationalities and languages
People of around 40 nationalities work at Vetropack. Our company uses nine official languages and welcomes people from different cultural backgrounds and age groups. Since we have grown internationally in recent years and will continue to do so going forward, we are increasing our investment in language and diversity training. This is intended to simplify and step up interaction among our sites – which, in turn, will benefit the transfer of knowledge. Our internal communication channels such as Beekeeper (our employee app) encourage the integration of our diverse nationalities. For example: Beekeeper offers an integrated translation function that employees can use to engage in dialogue and access information in their preferred language.
Objective performance assessments and compensation
We make use of transparent pay and job assessment systems to evaluate our employees’ professional performance according to objective criteria, so as to prevent discrimination. To guarantee equal pay, we implement standard salary ranges throughout the Group. These ranges ensure that our employees receive comparable – and therefore fair – pay for identical work that requires similar skills. This grading based on objective criteria ensures that only standardised, performance-related aspects influence pay. Our performance assessment systems, which apply throughout the Group, ensure transparency and comparability of the skills required for each function.
Awareness-raising measures and training
Our Human Resources staff and our managers participate regularly in training on diversity, equity and inclusion. Our Vetrocademy leadership programme also includes these topics among its focal points. This programme sensitises our managers and gives them the necessary levels of awareness. The training courses teach suitable instruments and methods to create a diverse working environment.
Progress and events in the reporting year
Employee survey confirms the perception of an inclusive working environmentThe employee survey conducted by Great Place to Work®, the independent survey institute, supplied valuable insights about our employees’ perception of Vetropack’s commitment to diversity, equity and inclusion. The results of the survey confirmed that our employees basically perceive the workplace climate as non-discriminatory, and they feel that they are treated fairly regardless of their sexual orientation, gender or origin. We believe that diversity is a core value that requires ongoing effort, and we are already seeing the positive impact of our commitment.
Performance indicators
GRI 406-1 Incidents of discrimination and corrective actions taken
There were zero (2023: zero) cases of discrimination reported in 2024.
Diversity by age and position
Change
2024
in%
2023
in%
Board of Directors (BoD)
0%
8
8
under 30
-
–
0%
–
0%
30–50
-
–
0%
–
0%
over 50
0%
8
100%
8
100%
Management Board (MB)
0%
7
7
under 30
-
–
0%
–
0%
30–50
-
–
0%
–
0%
over 50
0%
7
100%
7
100%
Extended Management Board
0%
14
14
under 30
-
–
0%
–
0%
30–50
0%
2
14%
2
14%
over 50
0%
12
86%
12
86%
Management
5%
119
113
under 30
-
–
0%
–
0%
30–50
5%
62
52%
59
52%
over 50
6%
57
48%
54
48%
Non-management
– 5%
3 452
3 645
under 30
– 7%
445
13%
476
13%
30–50
– 9%
1 652
48%
1 817
50%
over 50
0%
1 355
39%
1 352
37%
All numbers in Headcount. Reduction in 2024 due to the closure of St-Prex
Diversity by gender and position
Change
2024
in%
2023
in%
Board of Directors (BoD)
0%
8
8
Female
0%
2
25%
2
25%
Male
0%
6
75%
6
75%
Management Board (MB)
0%
7
7
Female
-
–
0%
–
0%
Male
0%
7
100%
7
100%
Extended Management Board
0%
14
14
Female
0%
2
14%
2
14%
Male
0%
12
86%
12
86%
Management
5%
119
113
Female
0%
34
29%
34
30%
Male
8%
85
71%
79
70%
Non-management
– 5%
3 452
3 645
Female
– 1%
863
25%
869
24%
Male
– 7%
2 589
75%
2 776
76%
All numbers in Headcount. Reduction in 2024 due to the closure of St-Prex
Diversity by gender
in %
Diversity by employee category 2024
in %
Age structure of employees 2024
Employees by gender 2024
in %
- Vetropack Group
- Corporate governance
- Governance
- Social impact
- Environmental impact