About this Sustainability Report
Open and transparent communication is the bedrock of sustainable action. In this publication, we therefore report on the ecological, economic, and social impact of our business operations.
This Sustainability Report focuses on the main fields of TÜV SÜD’s work. It shows how we live up to our corporate responsibility and proactively integrate relevant topics in our business processes. The Sustainability Report complements the Annual Report.
The report was produced in accordance with the GRI Standards, issued by the Global Reporting Initiative (GRI). The GRI Content Index in the Annex provides an overview of the GRI standards and/or their relevant content areas covered in this report.
The reporting period covers financial year 2023 (January 1, 2023 to December 31, 2023). Financial year 2022 serves as the comparative period.
The scope of consolidation presented in the Sustainability Report corresponds to that in TÜV SÜD’s consolidated financial statements pursuant to International Financial Reporting Standards (IFRSs). Disclosures made refer to all fully consolidated subsidiaries included in financial reporting; any exceptions are identified in the relevant section. Adjustments have not been made for non-controlling interests in the reporting. Acquisitions and disposals are taken into account in the sustainability reporting in the same way as in the financial reporting.
Due to rounding, it is possible that some figures in this report do not add up to exactly the given total, and that percentages presented do not reflect exactly the absolute values to which they refer.
We endeavor to use inclusive and fair language. All references made in this report are to be understood as gender-neutral.
Where we make projections for the future in this Sustainability Report, they are based on current expectations, plans, targets, forecasts and estimates by the Board of Management. These are based on assumptions and factors that are beyond the control of TÜV SÜD and are subject to numerous risks and factors of uncertainty. Given this, actual developments may differ from projections for the future made in this publication.
