​LEDVANCE is a full member of amfori. Amfori offers holistic trade, social and environment services to improve the resilience and sustainability of our global sourcing strategy. By joining forces and sharing resources, the members of amfori save time and money and have greater impact.
As part of their mission, they are helping us to work towards the fulfilment of the UN Sustainable Development Goals (SDGs).

Since 2018, LEDVANCE reports to the Carbon Disclosure Project (CDP) once a year.
CDP is one of the most popular sustainability ratings along with EcoVadis and is mainly referenced in North and South America, whereas EcoVadis is more commonly utilized in Europe and APAC.
By participating in both rating providers, we assess our sustainability performance globally.
CDP is a non-profit organization that manages a global disclosure system for investors, corporations, cities, states, and regions to manage their environmental impacts. Once a year, the CDP publishes a CDP Score Report for each company.
The reporting helps LEDVANCE to build awareness about our sustainability efforts. By tracking the development of our own score over time, we can better understand in which areas we have improved and where we need to pay more attention in the future. In addition, the benchmarking with other companies allows us to assess where we stand in comparison to our competitors. Overall, the score helps us to address customers’ needs, move forward in terms of environmental responsibility and to continuously improve our climate governance.
You may be wondering: Why do we need the CDP Score Report when we already receive a ranking from EcoVadis? Basically, there are similarities, as both CDP and EcoVadis rank our company according to sustainability criteria and assign a score. However, there are a couple of differences: EcoVadis has a much more holistic approach, but they focus primarily on our supply chain, and evaluate according to numerous weighted categories. The weighting of the individual categories depends on the sector to which the reporting company belong. EcoVadis gives you a point value.
CDP, on the other hand, focuses strongly on climate change, i.e., the CO2eq.* emissions of companies, and awards you a rating from A to D. Together, the two rankings complement each other well and give us a more holistic impression of our sustainability efforts.

​What is the OECD?
“OECD” stands for “Organization for Economic Co-operation and Development” and is an international organization with 38 member countries representing 80 percent of world trade and investment. The goal of the OECD is to shape policies that foster prosperity, equality, opportunity, and well-being for all.
What are the OECD Guidelines?
The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are recommendations addressed by governments to multinational enterprises. They aim to encourage positive contributions by enterprises to economic, environmental, and social progress. Also, they intend to minimize adverse impacts on the areas covered by the guidelines that may be associated with an enterprise’s operations, products, and services. The guidelines cover all key areas of business responsibility, including human rights, labor rights, environment, bribery, consumer interests, disclosure, science and technology, competition, and taxation.
How do these affect our work at LEDVANCE?
Although the guidelines are not legally binding, we are committed to working proactively to ensure continued compliance with these guidelines and to ensure that we contribute to a fair, sustainable, and ethical business environment. As such, we have incorporated these guidelines into various policies and guidelines, such as our Sustainability Guideline. Additionally, our Code of Conduct, Global People and Culture Guideline, and other internal documents are addressing the issues mentioned in the OECD Guidelines.
The OECD Guidelines Update 2023
The new June 2023 edition of the Guidelines provides updated recommendations for responsible business conduct across key areas such as climate change, biodiversity, technology, business integrity and supply chain due diligence, as well as updated implementation procedures for the National Contact Points for Responsible Business Conduct.

It is important to note that the amendments to the OECD Guidelines are also being addressed through various new regulations that we must comply with. Examples of these regulations include among others, the European Corporate Sustainability Due Diligence Directive (CSDDD) and the German Supply Chain Act (LkSG).
The updating of the OECD Guidelines can have an impact on our business:
Firstly, all responsible persons of affected LEDVANCE guidelines and policies must ensure, that the latest changes of the OECD Guidelines are incorporated.
Secondly, all processes that are affected by our then updated guidelines and policies must be adjusted by the process responsibles. This is crucial to ensure that LEDVANCE complies with the new standards and requirements of the OECD Guidelines and continues to operate responsibly.

​In June 2022, we have joined the Responsible Minerals Initiative (RMI). With over 400 member companies and a history of more than 13 years, the RMI is one of the most utilized and respected resources for various companies, who want to address responsible mineral sourcing issues in their supply chains. As a member we benefit from exclusive tools and collaborative opportunities with industry experts to enhance our responsible minerals sourcing program.
Tracing supply chains can prove difficult for companies. To address this issue, the RMI runs the “Responsible Minerals Assurance Process”. This program offers us and our suppliers an independent, third-party audit that determines which smelters and refiners can be verified as having systems in place to responsibly source minerals in line with current global standards. Next to that RMI offers a “Conflict Minerals Reporting Template” which will support us to disclose and communicate about our smelters in our supply chains.
Therefore, the RMI membership helps us to:
Connect to supplier data and identify high-risk areas in our company’s minerals supply chain,
Conduct a due diligence review of our entire supply chain and develop best practices aligned with international standards,
Engage with other member companies, customers, stakeholders and partners to promote responsible minerals sourcing.

​In August 2022 we joined both, the Science Based Targets initiative (SBTi) and also their “Business Ambition for 1.5°C” campaign – the world’s largest and fastest-growing group of companies who support the goal to halve global emissions by 2030.
The SBTi is a global body enabling businesses to set ambitious emissions reductions targets grounded in the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
The SBTi is a collaboration between the Carbon Disclosure Project, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
How do they support us?
The SBTi defines and promotes best practices in a science-based target setting and independently evaluates our company’s targets. Companies that adopted science-based-targets report the following benefits:

• A boost in profitability
• Improved investor confidence
• Increased innovative power
• Reduced regulatory uncertainty
• and a strengthened brand reputation.

Finally, our membership with the SBTi also ensures additional points in our annual EcoVadis rating. LEDVANCE membership can be viewed via the dashboard on the website.

​LEDVANCE is a signatory of the United Nations Global Compact. We are committed to incorporating the UN Global Compact and its principles into the strategy, culture, and day-to-day operations of our company.
With 2023 the UN Global Compact launched a new Communication on Progress (CoP) platform in the form of a digital standardized questionnaire through which the progress of LEDVANCE can be viewed transparently and at any time.
UN Global Compact is a non-binding United Nations pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.
The initiative is based on ten principles in the areas of human rights, labour, the environment, and anti-corruption.

• Businesses should support and respect the protection of internationally proclaimed human rights; and
• make sure that they are not complicit in human rights abuses.
• Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
• the elimination of all forms of forced and compulsory labour;
• the effective abolition of child labour; and
• the elimination of discrimination in respect of employment and occupation.
• Businesses should support a precautionary approach to environmental challenges;
• undertake initiatives to promote greater environmental responsibility; and
• encourage the development and diffusion of environmentally friendly technologies
• Businesses should work against corruption in all forms, including extortion and bribery.