Sustainability report 2023
Veritas group of companies’ Sustainability Report is now published for the fourth time, this time around with some changes in focus. It comprehends both our sustainability statement of accounts and our sustainability report in itself. This aims to make information more easily accessible and allow stakeholders to have a better overview of our non-financial indicators. We also took a sharper focus and adopted clearer indicators and binding actions.
CSR policies
Veritas is concerned with showing social responsibility, managing the company's environmental impact and working towards sustainability. We consider it important to keep the negative impact of the company's and subsidiaries' operations on the environment to a minimum. The company joined Festa, a center for corporate social responsibility, in 2020 and work has begun on preparing a social report, which deals with the environmental, social and economic aspects of the company (ESG - Environmental, Social and Governance factors). Emphasis is also placed on treating women, men and people of different nationalities and races equally, with respect and equality in mind.
Environmental policy
Veritas Environmental Policy’s goal is to release as little as possible pollution and reduce the burden to the environment and natural resources by minimising any negative environmental impacts resulting from our corporative activities. The ecological perspective will prevail in all components of our operations and decision-making.
Equality
Equality is of paramount importance to us and soon we will be publishing the new equality policy of Veritas and subsidiaries. Veritas has been awarded with the Equality Scale 2020 of FKA (The Icelandic Association of Women Business Leaders) and the Golden seal of PwC´s Equal Pay Audit in 2015 and 2020. We are proud of these recognitions.
Veritas' corporate values
These values are the results of a team work on corporate values where all company employees were involved. The values serve as guiding light for our employees in their daily work and are symbolized by these logos:
Reliability
Reliability means keeping promises and having integrity, professionalism and honesty as a guiding light. Our partners, suppliers, customers and community can trust what we say and promise and may rest assured that we obey laws and regulations that apply to our business.
Candor
Candor creates the foundation for an honest work environment. We give clear messages and say what´s on our mind in a tactful and constructive way. We want to activate as many opinions as possible and stimulate critical thinking. Getting straight to the point saves time.
Progress
Progress represents employees’ desire and endeavours to grow, develop and improve. We constantly strive to do better – a final solution does not exist. We are open to changes and innovation, we show initiative and challenge the present situation.
Donations
As part of the company’s social responsibility, Veritas supports a variety of charities and good causes in the Icelandic community, with its largest donation being announced in December each year. A group within the company meets on a regular basis to discuss and develop the company’s donations policy.
Requests for donations to your charity or good cause can be sent to veritas@veritas.is