Vaudoise Assurances asked BSD Consulting to support an internal, cross-functional team in developing a company-wide sustainability strategy. As a first step, BSD provided detailed baseline analyses, such as a comparison with competitors, a stakeholder survey and an impact assessment. Based on the results of these analyses, BSD designed and conducted a workshop to define the company’s key sustainability issues. Under consideration of the workshop results, BSD designed an initial strategic framework that included a vision, ambitions per material issue, and detailed targets as well as KPIs. The alignment of the strategy with the SDGs was also considered. BSD then guided the fine-tuning of the strategy until its presentation to the Executive Committee and the Board of Directors. The strategy was approved in December 2020. In a final step, BSD developed a sustainability reporting concept in accordance with the GRI Sustainability Reporting Standards.
Development of a Sustainability Strategy for Vaudoise Assurances
May 2020 - December 2020
BSD Consulting supported Vaudoise Assurances during the development of a groupwide sustainability strategy.
- Vaudoise Versicherungen
- Financial services
- Zurich, Switzerland
- Community involvement and development
- Consumer issues
- Fair operating practices
- Human rights
- Labor Practices