ESG Case Studies
Code of conduct for Suppliers and Service Providers
These principles encompass the minimum standards for all suppliers of the AURELIUS Group that are defned in this Code of Conduct for Suppliers. AURELIUS requires all its group companies to implement these principles appropriately. The goal is to continuously improve the entire procurement process, quality, environmental sustainability and productivity in close collaboration with suppliers.
Office Depot Europe
Office Depot Europe is a leading European vendor for office supplies, printing and document services, paper, computers and printers, business services such as facility management, and office furniture, with direct sales to over 1.2 million small and mid-sized firms across Europe via its two brands: Office Depot and Viking. According to its coverage, Office Depot developed various guiding principles for supplying or producing goods and providing services. Office Depot committed itself to report these guidelines transparently and to audit compliance by independent, accredited third parties. Examples of this are the independent assessment of environmental performance under ISO14001, greenhouse gas footprint under ISO14064 and environmental product claims by external consultants Newleaf Sustainability Practice. In that context, each supplier has to follow and adhere to Office Depot’s Supplier Guiding Principles – closely tracking and regularly inspecting them –, so that Office Depot can ensure that only goods and services sourced from ethically and environmentally sustainable production are being distributed.
AURELIUS buys and sells companies. At the time of their acquisition these companies often face strategic or structural challenges, but also have great unused potential and long-term opportunities. Our strength lies in making the right decisions and organizing their operative implementation.
The resulting realignment phases are often difficult for employees. In order to successfully reorient a company, it is necessary to change processes and structures. That often means cutting some jobs in order to secure the remaining jobs and the future of the company, and so to create new employment opportunities going forward.
AURELIUS has frequently succeeded in doing this in recent years. With the support of the affected employees, this has saved thousands of jobs. The orientation towards growth and long-term viability has also resulted in new hirings in company after company.
A recent study showed that the subsidiaries we have sold in the last five years on average increased their employee count by 10.3 percent while they were owned by the AURELIUS Group.
The AURELIUS Holding also added a substantial number of staff, and today almost 150 people work on the right decisions and strategies to prepare companies for the future - almost five times as many as ten years ago.
Within the AURELIUS Group (hereinafter “AURELIUS”) the general responsibilities of all employees relating to the use of company IT equipment and applications are addressed in an IT Guideline.
The goal of this Guideline is to protect the confidentiality and data protection interests of all natural and legal persons who are in business relationships with AURELIUS, to preserve the interests of AURELIUS and to ensure compliance with legal, contractual and professional regulations and codes.
The Guideline applies across all locations to all temporary and permanent employees of AURELIUS and to all persons working for AURELIUS on the basis of works, consulting or service agreements. AURELIUS is assisted in this by an outside service provider.