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4 ENTERPRISE ECONOMY Companies can only survive if they create new products and services, enter partnerships, build networks and master their internal processes. Sustainability management begins with economically wellpositioned, transparently led companies. That means fiscal stability, quality management and investments in environmentally friendly technologies. See below for relevant economy certificates. AEO Enterprise Economy Authorised Economic Operator Authorised Economic Operator (AEO) is the name of the EU Quality Management Certificate for regulation-conform customs simplifications/regulations for the purpose of creating a reliable supply chain. It can be applied for by EU-based companies involved in customs dealings. BRC Enterprise Economy British Retail Consortium www.brcglobalstandards.com The BRC Global Standard is a food safety standard developed by the British Retail Consortium (BRC). Suppliers with this status must implement the Hazard Analysis and Critical Control Points. In addition, a documented quality management system as well as evidence of controlled hygiene conditions for products, processes and employees. Company Audit Enterprise Economy Company Audits constitute an important module of the OEKO-TEX certification. All certificate holders are subjected to comprehensive on-site checks at 3-year intervals, with the aim of ensuring implementation of harmful substances requirements and quality assurance. EcoVadis CSR-certificate Enterprise Economy www.ecovadis.com EcoVadis is a sustainability evaluation platform for global procurement chains based on the EcoVadis CSR Rating System, and links buyers and suppliers. Objective and purpose: risk minimisation, transparency and innovation/sustainability drivers on the basis of 21 CSR indicators from the four subject areas environment, social, ethics and supply chain. EFQM Enterprise Economy European Foundation for Quality Management www.efqm.org The European Foundation for Quality Management (EFQM) is an European, globally-operating non-profit member organisation. The EFQM model developed by it is a quality management system based on Total Quality Management. The enterprise model enables a holistic view of companies, and is based on the three columns people, processes and results. Objective: identifying strengths and potential for improvement on the basis of self-evaluations, and becoming both more competitive and more successful.

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