Trustworthy Accountable Responsible · [email protected] TÜV Rheinland STAR is a service to...

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Company Performance Evaluation TÜVRheinland STAR Be Sustainable T rustworthy Accountable Responsible

Transcript of Trustworthy Accountable Responsible · [email protected] TÜV Rheinland STAR is a service to...

Page 1: Trustworthy Accountable Responsible · tuv-star@tuv.com TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility,

Company Performance Evaluation

TÜVRheinland STAR⋆ Be Sustainable

Trustworthy

Accountable

Responsible

Page 2: Trustworthy Accountable Responsible · tuv-star@tuv.com TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility,

... because our offices are located near the factories of your suppliers.

With over 340 offices in more than 60 countries, our worldwide network of evaluators and management system auditors is ready to provide cost efficient onsite evaluations of hard and soft factors. They can also evaluate any specific factors you may require and provide you with a detailed report if requested.

… and evaluate them within seconds ...

If quality, delivery and cost match your specifications, you award business to the suppliers that you trust. Increased customers’ awareness of social and environmental issues exposes your company to risks that can be reduced by applying additional criteria to your suppliers. If your suppliers ignore soft factors such as Corporate Social Responsibility (CSR) and Occupational Health & Safety (OH&S) it can have an impact on your reputation.

A neutral evaluation of your existing and potential suppliers by a third party is a cost effective solution to managing such risks. It is known that effective supplier assessment can achieve more than a 10% saving in purchasing costs. Our evaluation service will support you in reaching this ambitious goal. Purchasing has just become easier.

Find quality suppliers ... The TÜV Rheinland STAR on-line platform lists over 26,000* companies.

1. Search potential suppliers by name, product, industry and region

2. Shortlist and compare your candidates at a glance

3. Select your favorites and check out their specific evaluation ratings according to 9 Dimensions

* as of January 2008

Purchasers...

Page 3: Trustworthy Accountable Responsible · tuv-star@tuv.com TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility,

Suggested Improvement Process

Example of evaluated company

Corporate Governance Social Responsibility Occupational Health and Safety Quality Environment Information Security Financial Disclosure Brand/Innovation Fair Trade and Competition TÜVRheinland STAR⋆

Customer Specific Requirements

The customer specific requirements dimension is an added feature that is customized to your individual needs.

TÜVRheinland STAR⋆ Concept

Based on your results from the TÜV Rheinland STAR evaluation you can create performance orientated goals and specific strategies to improve your performance.

TÜVRheinlandSTAR⋆

Evaluation & Rating

TÜVRheinlandSTAR⋆

Re-Evaluation & Rating

Phase 1 Optional Phase 4 weeks

Optional Phase 2-10 months

Phase 2

Based on the Evaluation Result, the Organization Implements Actions for Improvement

12 Months

Optional Modules

Implementation SupportCustomized Assistance forImplementation

Evaluation Report

Detailed Opportunities for Improvement & Recommendations

9+1 Dimensions: Helping create a comprehensive evaluation

Through the analysis of risk areas such as the environment, quality, information security and CSR, 9+1 Dimensions were created. These now form the basis of the TÜV Rheinland STAR rating. Use our evaluation as a tool to help monitor your performance as well as that of your suppliers. Evaluating the performance of organizations has become a multi-dimensional analysis activity that outstrips the means of most companies. Rather than stretch your own resources, let us conduct the evaluation for you.

Your own customized evaluation dimension criteria

For purchasers having additional organizational requirements not covered by the 9 Dimensions, we offer a 10th Dimension that allows you to integrate additional customized evaluation criteria.

Partial rating

Companies also have the option of being partially rated through evaluation against any combination of the 9 Dimensions. This allows you to select only those dimensions most relevant to you and helps identify areas requiring improvement.

Page 4: Trustworthy Accountable Responsible · tuv-star@tuv.com TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility,

Show your strengths beyond the numbersYour shareholders know your balance sheets and statement of income, but how can they judge whether your company is worthy of further investment? Institutional investors seek companies that act in the best long-term interests of their beneficiaries. Environmental, social and corporate governance issues can strongly affect the performance of investment portfolios based on the principles of responsible investment by the UNEP (United Nations Environment Programme).

TÜV Rheinland STAR makes it easier for investors and financial institutions to observe principles for responsible investment and can help make your company more attractive.

Gain competitive advantage with the TÜV Rheinland STAR

website

Recent worldwide recalls have demonstrated the costly consequences of organizations failing to be aware of where and how their products are made. As a toy manufacturer, can you be certain that your products are safe for children and not toxic or dangerous? Can you be positive that the clothes on the shop floor weren’t made by exploited young children forced to work in appalling conditions? As customers become more knowledgeable and environmentally aware, they require reassurance that products and organizations meet their full range of expectations. We can help you meet their expectations and justify their trust.

A platform to promote yourself for free - get connected

with TÜV Rheinland STARThe TÜV Rheinland STAR service includes an on-line platform where organizations are able to demonstrate their strength to all users* such as suppliers, purchasers, investment companies and NGOs. The evaluation can be made available so users can search for organizations matching their set criteria at no cost. With a free database just a click away your organization is sure to benefit.

* Organizations can choose to restrict viewing access to the rating platform.

TÜVRheinland STAR⋆ Concept Suppliers…

Get started now at www.tuv-star.com

Page 5: Trustworthy Accountable Responsible · tuv-star@tuv.com TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility,

Why TÜV Rheinland STAR?Globalization brings new opportunities and new risks.

The TÜV Rheinland STAR concept was developed as a multistakeholder platform to capitalize on opportunities while reducing risks. The 5-star rating system provides the necessary evaluation criteria to allow a comprehensive risk assessment. Based on this you can make an informed decision* on which company best matches your requirements. TÜV Rheinland will then assist you in contacting your chosen party. Alternatively, the service can be used to evaluate your existing suppliers to demonstrate their performance.

*Some features may only be available to registered users.

Page 6: Trustworthy Accountable Responsible · tuv-star@tuv.com TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility,

� TÜV Rheinland Group is represented by 16,000 employees at over 500 locations in more than 65 countries worldwide.

� Our business portfolio includes: Industrial Services, Mobility, Products, Life Care as well as Education & Consulting and Systems.

� The goal and guiding principle of the corporation is the sustainable development of safety and quality.

� TÜV Rheinland Group has more than 140 years of experience.

For contact details please visit

www.contact.tuv.com

Or contact us by email

[email protected]

TÜV Rheinland STAR is a service to evaluate companies, using a 5-star rating system, in 9 Dimensions such as Social Responsibility, Quality, Information Security and Brand/Innovation.

� Successful partnership: The TÜV Rheinland STAR evaluation is performed onsite and saves time and costs. The on-line platform builds trust by allowing companies to showcase their investment worthiness and judge that of others. Through an evaluation that proves your organization is Sustainable, Trustworthy, Accountable and Responsible, the formation of solid partnerships is made easier.

� Risk assessment: Due to the scope of the dimensions, various aspects of a company are evaluated. This comprehensive evaluation allows companies to internally evaluate risks. Alternatively, companies can showcase their strengths in such areas as information security and dedication to CSR.

� Comprehensive evaluation: It identifies strengths and weaknesses while also addressing the information needs of shareholders, financial analysts/institutions, purchasers and other interested parties.

What is TÜV Rheinland STAR?

More information at www.tuv-star.com

www.tuv.com ID: 0008887827

Do you want to differentiate your company and show your strengths

to potential customers?

Do you want a reliable and convenient way to find and assess

suppliers that meet your expectations?

Go to www.tuv-star.com to search and compare our publicly listed suppliers

TÜV Rheinland STAR rates your qualities

You approve the rating and its publication

How to participate in TÜV Rheinland STAR?

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