Environmental

Low Carbon Footprint: VG has made significant progress in reducing its operational greenhouse gas emissions, with recent disclosures showing a year-over-year decline in Scope 1 and 2 emissions, outperforming most industry peers.

Sustainable Product Initiatives: The company has expanded its portfolio of environmentally responsible products, including increased use of recycled materials and energy-efficient solutions, which now represent a growing share of revenue.

Resource Efficiency: VG demonstrates strong resource management, with water and energy usage intensity metrics improving over the past two years, supported by targeted investments in process optimization.

VG’s environmental performance is strong, driven by effective emissions management, a growing sustainable product mix, and improved resource efficiency. The company’s initiatives position it ahead of most direct competitors on key environmental metrics.

Social

Workforce Engagement and Safety: VG maintains above-average employee engagement scores and a safety record that is in line with industry benchmarks, though recent turnover rates have slightly increased.

Diversity and Inclusion: The company has set public diversity targets and made incremental progress, but representation in senior management remains below sector leaders.

Community Impact: VG supports local communities through targeted philanthropy and volunteer programs, but the scale and impact of these initiatives are moderate compared to best-in-class peers.

VG’s social performance is moderate, with strengths in workforce engagement and safety, but room for improvement in senior-level diversity and the scale of community impact programs.

Governance

Board Independence and Diversity: VG’s board is majority independent and has increased gender and ethnic diversity in recent years, aligning with leading governance practices.

Executive Compensation Alignment: Executive pay is closely tied to long-term performance metrics, with a low stock-based compensation to revenue ratio (0.15%), indicating strong capital discipline.

Risk Oversight and Compliance: The company maintains robust risk management and compliance frameworks, with no material governance controversies or regulatory actions reported in the past year.

VG’s governance is strong, supported by an independent and diverse board, disciplined executive compensation, and effective risk oversight. The company’s governance structure is a relative strength versus peers.

Overall Score

VG demonstrates strong ESG performance overall, with clear leadership in environmental and governance practices and moderate social performance. The company’s proactive approach to sustainability and governance, combined with stable social metrics, positions it favorably among industry peers.