ESG Fact Sheet

Our Shared Purpose

We invent IoT and Data technologies that create a positive impact on society by enabling sustainable and human-centered commerce.

At VusionGroup, we continue to develop our ESG strategy and we have a clear action plan to decarbonize our products and our supply chain and to enable a more sustainable commerce. As such, the Group has launched several initiatives detailed further below, and committed to achieve major milestones in the following years, in line with our ambition to be GHG-neutral by 2030.

View our indicators

Our Environmental Commitments and Progress

  • Reduction of scope 1 & 2 GHG emissions of the Group using SBTi* Absolute Emissions Contraction method to set a target aligned with a 1.5°C scenario (base year 2022).
  • Reduction of the economic intensity of the scope 3 GHG emissions using SBTiGreenhouse Gas Emissions per Value Added (GEVA) method to set a target aligned with a well below 2°C scenario (base year 2022).

*SBTi file to be submitted in 2024.

Social & Societal profile

  • Workforce diversity
  • Employee participation in share-based incentives: 30%

Governance profile

  • Ethical conduct of business and anti-corruption
  • Board of Directors independence: 50%
  • Board diversity: 50% women

Our Sustainability Profile

Ratings and certifications:

  • EcoVadis: Platinum rating (top 1%)
  • ISO 9001
  • ISO 14001
  • ISO 27001

Commitments and memberships:

  • United Nations Global Compact
  • UN Women’s Empowerment Principles
  • World Food Programme
  • World Economic Forum
  • The Consumer Goods Forum

Our Roadmap for Positive Commerce

Our Roadmap for Positive Commerce aims to develop ultra-low carbon IoT devices; contribute to retail’s Net-Zero target; and enable better and more sustainable stores, thus protecting jobs, consumers and communities.

As the global leader in digital solutions for physical commerce, VusionGroup is uniquely positioned to help drive the sustainability of significant aspects of the retail sector. Our priorities toward the Roadmap for Positive Commerce are structured on three pillars:

  1. Turning the physical store into a digital asset.
  2. Protecting the environment by making the digital transformation of retail low-carbon and sustainable.
  3. Following this strategy in compliance with the guidelines of the OECD and the United Nations.
Roadmap for Positive Retail

Our Environmental Commitments

We are committed to producing a business model scenario compatible with limiting global warming to 1.5°C, and to developing low-carbon IoT devices, thus contributing to the reduction of carbon emissions in the in-store retail sector. We renewed our pledge to the UN Global Compact and confirmed our engagement in line with the Paris Agreement.

Climate Commitments

  • To develop a business model scenario compatible with limiting global warming to less than 2°C;
  • To work to improve our carbon intensity, thus contributing to the reduction of GHG emissions in the retail sector;
  • To avoid additional GHG emissions in our customers’ use cases;
  • To achieve carbon neutrality by 2030 in our operations and throughout the value chain.

Climate-impact Reduction Strategy

Scope 3: Decarbonization of our solutions
  • Ultra-low carbon IoT.
  • Providing a Cloud-based solution to our customers to enable a more sustainable retail.
  • Circular economy.
  • Decarbonization of our operations.
Scopes 1 & 2: Decreasing fossil fuel consumption
  • Replacement of our car fleets and our energy contracts to privilege electricity and renewable.
Avoided emissions: Decarbonization at our customers’ premises

Bringing together physical and e-commerce is at the heart of the omnichannel model, and is a crucial step in the transition of retail.

  • Avoid the construction of order-picking warehouses
  • Reduce food waste
Our Environmental Commitments

Our Social and Societal Objectives

By leveraging our IoT and Data technologies, we enable a more positive commerce, delivering positive economic, social and environmental impact and creating shared value for consumers, retailers, manufacturers, farmers, workers, communities, and the planet.

Ensure a sustainable supply chain

We generate widespread positive social impact through our technological innovations and solutions at the service of the global physical retail sector

  • Making stores more sustainable
  • Enabling shelf efficiency
  • Providing transparency to consumers
  • Assuring data privacy
  • Protecting jobs and communities by fostering the ongoing relevance of physical commerce
Be a good place for our employees to work

We ensure that our supply chain is sustainable

  • Enforce a responsible purchasing policy, including adherence to a Supplier Code of Conduct, a policy on sourcing minerals from conflict zones, and compliance with ROHS and REACH certifications.
Generate widespread positive social impact through technological innovation and solutions

We provide our employees with a good and attractive place to work

  • Fostering a highly motivated and inclusive workforce
  • Driving work force stability, long-term commitment and constant growth
  • Global community: Diversity, inclusion and equal opportunity
  • Utmost respect for human rights, and adherence to the principles of the United Nations Global Compact
  • Procedures for whistle-blowing, including assurance of non-retaliation
  • Ethical conduct of business and anti-corruption
  • Code of Ethics: dissemination and adherence by stakeholders

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Speak up policy

Since 2021, we have an ethical system available in French and English for our employees, customers, suppliers, and service providers via the generic email address with two recipients (one senior HR manager and one senior ESG/Legal Department manager). It guarantees the principle of confidentiality of reports.

This system makes it possible to collect reports on the existence of behaviors or situations contrary to applicable laws, internal regulations, and the VusionGroup’s values and principles set out in the Code of Ethics. It also makes it possible to report a behavior or practice anonymously.

ESG Governance

VusionGroup’s ESG commitments, strategies, objectives and activities are overseen by a committee of the Board of Directors. Our ESG objectives and priorities are natural extension and an integral part of our Positive Commerce framework. Our ESG ambitions operate on two levels.

For any question, please contact:

View our Governance Documents and More