The ALDI SOUTH Group has become a member of the Value Balancing Alliance (VBA), a not-for-profit organisation that is seeking to develop a methodology for measuring the value of contributions companies provide to the global community, economy, and environment.
The ALDI SOUTH Group has already made significant progress on its road to making sustainability affordable for all the consumers by implementing our ambitious Global Sustainability Strategy. By joining the Value Balancing Alliance, we aim to benefit from closer collaboration with industry leaders in a variety of economic sectors to share best practices and learnings on sustainability matters, as well as leverage the alliance’s methodology.
We are the first international food retailer to join the VBA, which also contains prominent global companies in the banking, logistics, manufacturing, pharmaceutical, and IT sectors.
The ALDI SOUTH Group is a member of many multistakeholder initiatives created to spearhead the global push towards sustainability.
We play a proactive role as members and partners of prominent organisations such as amfori, Sedex, the Ethical Trading Initiaitve, German Retailers’ Working Group, and the Global Logistics Emissions Council to create positive change for people and the environment
The Value Balancing Alliance is a not-for-profit organization with the common goal of developing a standardized methodology to measure and value the sustainability performance of businesses.
The VBA cooperates with partners such as WEF, WBCSD, Capitals Coalition, Oxford University, WifOR, GIST, and Value Accounting Network. The VBA also engages with organizations like IFRS, EU Commission, EFRAG, GRI, OECD, national governments, Global Value Commission, and G7 ITF.
