ENG: Green Controlling Award 2015 for Telekom, VAUDE and Voith

Green Controlling Award 2015 for Deutsche Telekom AG, VAUDE Sport GmbH & Co. KG and Voith GmbH / Péter Horváth Foundation expands the award money

Stuttgart / Munich, September 23, 2015 For the first time three companies are awarded with the Green Controlling Award in 2015: the Deutsche Telekom AG, VAUDE Sport GmbH & Co. KG as well as the Voith GmbH. The annually award donated by Péter Horváth Foundation and endowed with 10.000 EUR has been increased this year to 15.000 EUR so that each award winner could take 5.000 EUR on September 23, at the Stuttgart Controlling Forum. The award was presented by Péter Horváth, Chairman of the Jury, and Siegfried Gänßlen, Chairman of the Board of the International Controller Association (ICV).

Under the motto "With green topics to black numbers!" the Péter Horváth Foundation in cooperation with the International Controller Association (ICV) annually gives the Green Controlling Award. For promoting controlling’s debate of the "green challenge", controllers’ teams are awarded for the most innovative and effective "green" controlling solutions to design and manage environmental strategies, programs, projects and activities in companies and public institutions.

Deutsche Telekom AG: Green controlling for group-wide transparence

Deutsche Telekom AG has a group-wide environmental target to reduce by 2020 CO2 emissions by 20% compared to 2008 (Deutsche Telekom Group without T-Mobile US). So called "energy cluster" describes the main drivers: efficiency levels for network infrastructure and data centers; energy management of the buildings and IT; climate friendly alignment of the vehicle fleet and travel activities.

The green controlling was set up in a management loop system where measures were sharpened and reprioritized or redefined. The SAP system was extended already in 2011 for acquisition of ESG data ("environment, social, governance"). The ESG data process was procedurally docked to the financial information process. This was - over the monitoring of the climate protection target - a prerequisite for the integration of ESG KPIs (Key Performance Indicator) provided in the Annual Report. The SAP system also has a variance analysis against annual target values.

The green controlling solution enables transparent and timely information for management board and top management about development and required measures regarding climate protection targets. Thanks to the climate protection monitoring the need for compensatory measures to achieve climate protection target is easy to see. Overall, the green controlling solution makes a significant contribution to the sustainable reduction of energy costs in the group and to reduce CO2 emissions.

VAUDE: Green controlling integrated in the corporate management process

The sustainable innovative outdoor outfitter VAUDE pursues an integrated sustainability strategy that is implemented in all business sectors, in the whole product life cycle as well as on climate neutral company headquarters in Tettnang.

At VAUDE green controlling is completely integrated in the corporate management process: at all levels and not as a separate system. Operated by an interdisciplinary CSR team and departmental controllers it supports the triad of economy, ecology and social responsibility. The green controlling is used as continuous improvement process and a driver of innovation.

In designing, implementing and applying the classic controlling plays a key role. So the department controlling has designed and implemented the goals’ system - including the sustainability indicators - together with the department corporate development and company management. A close cooperation of controlling, corporate development, environmental officers and the CSR responsible developed the key figures for "green goals". Measurement, tracking, analysis of the green KPIs coordinate the departments controlling and corporate development. They are also involved in the development of investment requests - taking green aspects into consideration at profitability calculations.

Voith GmbH: Transparency takes care of „Competitive Spirit“

The green controlling established in the Voith Group has brought significant economic and environmental benefits and strengthened the company's competitiveness. Measures for energy, water and material efficiency generate annual savings of EUR 6.5 million.

The green controlling solution at Voith stands for a continuous connection of the top-down and a bottom-up approach: In the top-down, through group-wide analysis, comparisons with other companies and best practices the concern goals are defined. The bottom-up means single location analysis and potential equitable measures to achieve the green group wide targets.

The established controlling cycle has been transferred from the classical financial controlling into green controlling. The basis for success is the group wide IT-sided implementation of the green controlling process. Extreme transparency is evidence of best practices and creates a "competitive spirit" between locations.­­

Stimulating debate of controlling and sustainability

Environmental protection is today not only a cost factor, but also a world wide company’s long-term success factor, which opens up new opportunities also in the sales market. The green orientation of company’s activities places controlling in front of the challenge of green planning, management and control. It requires innovative approaches, methods and ideas in the sense of a "green controlling". Controllers should methodically and instrumentally support with advise the transfer of the green goals. The generation of transparency using the right metrics that demonstrate economic viability and the assessment of ecological success as well as the integration of the green content in all decision-making processes are considered as their essential tasks.

Der Green Controlling Award has beeen given sinde 2011. The Jury leads Prof. Dr. Dr. h.c. mult. Péter Horváth (Horváth AG, IPRI gGmbH), Head of the ICV expert work group Ideenwerkstatt. The winners are: Deutsche Post DHL (2011), Hansgrohe SE (2012), Volkswagen AG (2013), Flughafen Stuttgart GmbH (2013), Takata AG (2014), STABILO International GmbH (2014), Deutsche Telekom AG, VAUDE Sport GmbH & Co. KG as well as Voith GmbH (all 2015).

The International Controller Association (Internationaler Controller Verein eV – ICV) has around 6,500 active members that work in controlling in Germany, Austria, Switzerland, Poland and twelve other European countries. The key objective of the ICV controlling philosophy is economically sustainable success. With its Honorary Chairman Dr. Dr. h.c. Albrecht Deyhle, the association that was founded in 1975 has shaped the controlling in the German speaking area and set standards. The ICV brings together controllers, CFOs, managers and scholars and is strictly guided by the benefit to its members. At its core are the exchange of experiences, communication, as well as a focus on forward-looking trends. The association combines practical experience and the most recent research results and refines this knowledge for practical implementation. The ICV therefore contributes to the personal success of its members and to the sustainable value creation of companies. The ICV Chairman is Siegfried Gänßlen, Chairman of the Board is Hansgrohe SE, Schiltach, and Vice Chairman is Prof. Dr. Heimo Losbichler, FH Steyr.

More information:

·         H.-P. Sander, Presse ICV, EastWestCom, Ammersee Denkerhaus - Coworking Space, Sonnenstr. 1, D-86911 Diessen am Ammersee, Tel. +49-(0)8807-94 90 94, presse{bei}icv-controlling.com

·         ICV, Office, Münchner Str. 8, D-82237 Wörthsee, Tel. +49-(0)8153-88 974-20

·         www.icv-controlling.com