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2022 Sustainability Report
published 2023/08/01

Growth with the Circular Economy

Can growth and sustainability be reconciled?

Mankind is overburdening the planet. According to the Global Footprint Network*, humanity used natural resources 1.75 times faster than our planet’s ecosystems could regenerate in 2022. In Germany, our resource consumption currently exceeds 3 times what can be regenerated**. In order to ensure the long-term survival of humanity on Earth, we, as individuals, companies, and governments, need to find ways to enable a good life with lower resource consumption. This makes considerations and actions towards a new understanding of growth a necessity - for VAUDE as well.


We are taking a critical look at the issue of corporate growth

In principle, we want to continue to grow organically. This means that we are striving for growth along our own path and largely from our own resources. Why not simply forego growth? The main reason for this is the strong concentration processes taking place in the outdoor and sporting goods industry. Both our competitors and our major customers are becoming ever larger by means of takeovers and acquisitions. In order to remain economically independent as a family-owned business and to be able to continue to operate on an equal footing with our customers and our producers in the market, we are dependent upon continued growth – read more


We see achieving absolute decoupling (reducing resource consumption while increasing revenue) of our growth from resource consumption and strengthening the circular economy as key factors for a climate-friendly future. Therefore, we are investing more in the quality and recyclability of our products, as well as in resource-efficient and circular business models. Through services like the VAUDE Academy for Sustainable Business, we aim to support and accompany companies, partners, and customers in their transformation process. With our circular business models of renting, reselling, repairing, and upcycling, we promote extended material and product usage.



What does corporate growth mean for VAUDE and what growth targets are VAUDE pursuing?

In the context of business, growth is equated with success and is usually related to sales growth in conjunction with profit maximization. The most important measure of a country is the gross domestic product (GDP) – the value of all goods and services produced within a year. When GDP increases, it is commonly referred to as economic growth. GDP is usually one of the most important measures used to evaluate the prosperity of a country.


We consider this perspective on economic and corporate growth as too one-sided, as it often neglects the negative ecological and social consequences of uncontrolled growth.



Our understanding of growth:

  • We do not fundamentally reject growth, but advocate for a differentiated approach.
  • We ensure that our corporate growth occurs within the planetary boundaries and takes into account the finite nature of Earth's natural resources. This means that we strive to operate and grow in a resource-efficient manner with the smallest possible ecological footprint. For example, we are gradually transitioning to using recycled and biobased materials in the production of our products, which results in lower CO2 emissions compared to fossil fuels.
  • We aim for absolute decoupling of our growth from resource consumption. This means that we strive to achieve economic growth while simultaneously reducing our resource consumption. You can find more information about decoupling our emissions from business performance here.
  • We see strengthening the circular economy as a key factor in achieving a climate-friendly future. Therefore, we are increasing our investments in the quality and recyclability of our products, as well as in resource-efficient and circular business models. Through our circular offerings of renting, reselling, repairing, and upcycling, we promote extended material and product usage.
  • It is important to us that growth should not stimulate overconsumption. For this reason, too, we strive to achieve organic growth through our own efforts, shaping our growth in line with demand and geared to sustainable consumer behavior.
  • We use our sustainably designed corporate growth to maintain an appropriate company size as a family business that allows us to survive in a market driven by a strong growth mindset and enormous concentration processes by large corporations.
  • The production of our sustainable products involves high additional costs, which we are usually unable to pass on directly to the customer. In order to be able to absorb these financially, our company growth also plays an important role. At the same time, we use our growing company size to exert more influence on a sustainable transformation of our products and supply chains in the outdoor and textile industries.
  • If market shares shift in our direction because our products are more sustainable, less resource-intensive and fairer than comparable competitor products, we see this growth as positive.

VAUDE stands for responsible growth with consideration for people and nature. In order to increase the quality of life and keep the ecological footprint created by our business activities as small as possible, we are increasingly decoupling our growth from resource consumption. Investments flow into the quality and recyclability of our products, as well as into resource-efficient and circular business models.


GRI:   103
Management Approach
GRI:   201‑1
Direct economic value generated and distributed
GRI:   203-2
Substantial indirect economic impacts
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