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Grupo Vips renews its commitment to Corporate Responsibility

    Madrid, 16th July, 2015.

    Madrid, 3 July 2015Grupo Vips, the leading multi-band and multi-format company in the restaurant and retail sector has presented the results of its 2012-2014 Corporate Responsibility Framework Plan which outlines the achievements  made over the last three years along with the specific results for 2014. Likewise, the Group has outlined the renewal of its commitments until 2017 to involve the entire value chain in its Corporate Responsibility.  

    The project, known as "A Table for Everyone" has guided the company's business actions over the last few years aimed at creating a society that is more committed and with opportunities for everyone.

    Results of the first three years

    Grupo Vips has more than 10 years of experience in the area of Corporate Responsibility although its first Framework Plan was launched in 2012. The results of these three years are connected to five areas of action.

    In the area of community participation, 850 volunteers have cooperated with various activities and invested more than 5,300 hours. Moreover, the company has collaborated with more than 40 entities, assisting a number of groups.

    As far as job insertion, Grupo Vips has hired 551 people at risk of social exclusion, has assisted with the training of 621 young people through its internship program and has participated in job orientation services for another 451 people.

    Contributing to a healthy diet is also one of the company's corporate commitments. Thus, the Group has reinforced its initiative of completing its offer with menus that are suitable for people with special needs which has in the availability of a special menu for people with coeliac disease at 247 of its restaurants over the last three years.

    As concerns sustainability and the environment, Grupo Vips has been able to reduce energy consumption by 36.25% since 2012 as part of its constant sarch for actions to improve its environmental impact. In 2014 alone, nearly 231,000 liters of used cooking oil from all of the Group's locaitons were recycled and transformed into biodiesel.

    Furthermore, the company's commitment to Food Bank donations and the sale of charity products has increased 54% in 2014 in comparison to the year before.

    In the words of Enrique Francia, CEO of Grupo Vips, the figures and results mean "we continue to think long-term today and that is why we are renewing our commitment to the communities where we are present through a new Framework Plan. It is a commitment that is shared by all of us which will set forth the path to be taken over the next three years."

    The goals for 2015-2017

    The new 2015-2017 Framework Plan has been designed based on the experience of the last few years in order to maintain and fulfil the Grupo Vips commitments long-term with all of its stakeholders. Over the next three years, the goal will continue to be the creation of value for the company's collaborators, the contribution of practical solutions to the specific needs around it and consolidating and boosting synergies among the different training and job market entry programmes. Moreover, the company has decided to move forward with its processes to meet customer needs in order to attain excellence in quality.

    These goals shall be met by encouraging the participation of all employees as concerns the needs around them, working to create jobs and opportunities, and fostering healthy eating habits. 

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    About Corporate Responsibility at Group Vips

    Grupo Vips is a service company, the activities of which are based on people and its relations with them. Therefore, the Grupo Vips Corporate Responsibility projects are mainly aimed at people both as concerns its own employees and society   as a whole. From the very beginning, the company has grown all while remaining  faithful  to one key commitment shared by all of its employees: to do  business in a responsible manner in an attempt to, as outlined in the fifth  principle  of its Coroporate Mission, "to contribute positively to  society".  This business philosophy is materialized through different programs and  actions carried out by the company mainly in   the areas of participation and volunteerism, social/employment integration, young people and wellness.

    About Grupo Vips

    Grupo Vips is one of the leading multi-brand and multi-format groups in the food service and retail sector in Spain. It includes restaurants, cafés and shops. The company manages a total of 6 well-known chains it either owns or operates under franchising agreements: 4 internally-created brands - VIPS (café-restaurant and shop), VIPSmart, GINOS and The Wok - as well as 2 of international fame, Starbucks Coffee and Fridays. Since 2001, Grupo Vips is the sole and exclusive partner of Starbucks Coffee, the world's coffee leader, licensed to develop the brand in Spain and Portugal. On the other hand, it has an exclusive licensing agreement with Fridays, the top casual dining chain in the United States, to operate the brand in Spain. In addition, the group has 3 fine dining restaurants including Lucca, Rugantino Casa Tua and Tattaglia. The company manages a total of 350 locations serving more than 120,000 customers a day. It runs a pioneer and restaurant sector-leading loyalty program, Club VIPS, with more than 2,000,000 members throughout Spain.  The APP, which is unique in the market and was launched at the end of April 2015, has already been downloaded more than 300,000 times. Grupo Vips is a private equity company which was founded in 1969. Goldman Sachs Capital Partners V acquired 30% of the company in 2006. Grupo Vips employs 8,700 people and ended fiscal year 2014 with 350 million euros in turnover.