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At a Glance

Sustainability

At CHG-MERIDIAN, we believe in end-to-end sustainability, efficient technology management with the highest level of information security, fair competition, and respectful dialogue with stakeholders.

OUR BELIEF IN SUSTAINABILITY

Sustainability has been at the core of our business for more than 45 years. We offer equipment leasing with subsequent refurbishment in line with the principles of the resource-efficient circular economy. Sustainability is an ongoing process for us and we are continually expanding our commitment in this area. In this context, we understand sustainability as the intersection of the three dimensions of economy, ecology and society. A holistic view of all three sustainability dimensions is essential for CHG-MERIDIAN to operate successfully in the long term.

NEWS

Learn more about sustainability and CHG-MERIDIAN.
Dec 22, 2023 – Weingarten

CHG-MERIDIAN has signed the commitment letter of the Science Based Targets Initiative (SBTi)

In the course of the SBTi, CHG-MERIDIAN has committed to setting itself company-wide short-term emissions reduction targets in line with the latest climate science.

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Aug 17, 2023 – Weingarten

CHG-MERIDIAN successfully places new €100 million ESG-linked bonded loan

• Tranches with maturities of four to seven years
• Diversification across new and recurring investors from the German banking sector
• New bonded loan is the fourth sustainable financial instrument issued by CHG-MERIDIAN

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May 11, 2023 – Weingarten

CHG-MERIDIAN wins Sustainable Finance Award

CHG-MERIDIAN has received an award at the 2023 Sustainable Finance Summit in Paris: The company won in the ‘Best Circular Economy Model: Equipment’ category, convincing the panel of judges and customers with its modern technology2use approach.

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NOV 8, 2022 - WEINGARTEN

Green IT study: Usage over ownership greatly reduces carbon emissions

• Usage models can provide a huge boost to green IT strategies
• IT usage models can lower carbon emissions by more than 50 percent
• IT usage models can reduce the consumption of valuable resources by up to two-thirds

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Nov 3, 2022 – Weingarten

EcoVadis reaffirms silver rating for CHG-MERIDIAN

The CHG-MERIDIAN Group has been awarded a silver rating by EcoVadis for the second consecutive year. For this highly respected sustainability rating, companies worldwide are assessed on the basis of globally accepted sustainability standards. The silver rating puts the CHG-MERIDIAN Group in the top 25 percent of all companies assessed by EcoVadis.

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Apr 28, 2022 – Weingarten

CHG-MERIDIAN co-founds B2B start-up that remarkets refurbished IT

• circulee offers sustainable solutions for the use of IT hardware to small and medium-sized businesses
• The use of second-hand IT equipment reduces the carbon footprint by 70-80 percent compared with new devices
• As co-founder and principal investor, CHG-MERIDIAN wants to make sustainable lifecycle management a driver of growth

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PUBLICATIONS

Corporate & Sustainability Report 2023

Corporate Fact Sheet 2023

Sustainability Fact Sheet 2023

CHG-MERIDIAN has been awarded the prestigious EcoVadis gold rating, putting it in the top 5 percent of the more than 130,000 companies assessed worldwide. This achievement highlights the significant step forward that the Group has taken with regard to its commitment to sustainability.

For the EcoVadis rating, the four categories of environment, ethics, labor and human rights, and sustainable procurement are assessed annually and combined into an overall ranking.  CHG-MERIDIAN has made significant advances in all of those areas, particularly through the implementation of several ISO-certified management systems, transparent sustainability reporting, and comprehensive climate management, which reached a major milestone last year when the Company signed the commitment letter of the Science Based Targets initiative (SBTi).

The Company has also introduced a range of measures to improve working conditions, especially in the areas of employee health and safety and in the promotion of diversity. Examples include the launch of a mental health action day and the establishment of a Diversity and Inclusion Committee to specifically support the wellbeing of employees and actively promote diversity within the Company.

There have also been significant advances in the sustainable procurement category that are contributing to long-term stability and responsibility within the supply chain. These include expanding the sustainability assessment of suppliers and special sustainability training for purchasers.

Our commitment to sustainability is underlined by our support of well-known initiatives, such as the UN Global Compact. Since 2021, the CHG-MERIDIAN Group has been committed to the corporate responsibility initiative and its 10 principles in the areas of human rights, labor, the environment and anti-corruption.

Further Initiatives and memberships

Besides our memberships in several initiatives, CHG-MERIDIAN also has its sustainability activities evaluated annually by EcoVadis. In 2023, CHG-MERIDIAN was awarded silver status by EcoVadis putting the group in the top 15 percent of all companies assessed.

Other important initiatives at CHG-MERIDIAN are SBTi (Science-based Target Initiative) and CDP (Carbon Disclosure Project).

Contact

Sustainability Office

FIND OUT MORE!

Click on the links to find out more about sustainability and about our company.
Sustainability

Strategy & Governance

To promote sustainability throughout our company and embed it effectively, we created a sustainability governance structure in 2020 that includes a Group Sustainability Office. Additionally, we developed and approved a sustainability strategy.

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Sustainability

Circular Economy & Climate Protection

In terms of lifecycle thinking, CHG-MERIDIAN relies on refurbishment and reuse to extend product lifecycles. We consider ourselves part of the circular economy, helping to conserve resources and mitigate climate change through our business model.

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Sustainability

Collaboration & Dialogue

Our corporate culture is characterized by transparency, reliability, and respectful collaboration. This applies equally to our working relationship with our employees and to our dealings with suppliers and other partners along the value chain.

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