1963-2018 - 55 years of Research for Social Change

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Back | Project: Sustainable Development Performance Indicators

Impact Story > Changing the Practice of Sustainability Reporting at Weleda

  • Project from: 2018 to 2022

With a set of indicators that look at areas of business performance associated with equality, distributive justice, use of economic power and influence, and consumption of natural resources, the UNRISD project on Sustainable Development Performance Indicators (SDPI) helps economic entities gauge whether their operations are consistent with the vision of the 2030 Agenda for Sustainable Development.

Weleda, a world market leader for anthroposophic medicines and certified natural organic cosmetics, has been developing beauty and wellness products since 1921. The company is based in Switzerland, and its products are found in shops around the world.

With a sustainability motto that declares “People & Planet Over Profit”, it is perhaps unsurprising that Weleda signed on to take part in the pilot testing of the SDPIs. The outcome, however, has been quite remarkable.

According to Weleda:
    “We were unable to complete the [pilot testing] questionnaire to the extent that this initiative merited. It is therefore a matter close to my heart to explain why this is not a failure for us. On the contrary: this is a central, highly relevant impact of our participation in this pilot. The more we have understood the basic logic of this project, the stronger our intention has grown to work more deeply and broadly in this direction. The Weleda Board of Directors and the Weleda Management Board have now decided that, as part of the new corporate strategy, Weleda will develop an inclusive reporting framework by 2025—a framework that is Multi-Capital and Context-Oriented.” — Dr. Stefan Siemer, Head of Corporate Sustainability, Weleda Group

Photo taken from https://www.weleda.de/ (c) WELEDA