City Ventspils reiss has received the highest rating in the Latvian Sustainability Index with the repeated recognition of Platinum, so this year was not only the only passenger in Latvia who received the Platinum Sustainability Index, but also the only passenger who received in 2019 sustainability.
The founders of the Sustainability Index are the Latvian Employers' Confederation, the Latvian Confederation of Free Trade Unions and the Corporate Sustainability and Liability Institute, and its aims are to increase the competitiveness of Latvian enterprises and help Latvian companies assess their performance and to obtain an overview of the necessary improvements. It is a strategic management tool that helps companies identify the viability and responsibility of their operations and provides the public with an objective view of the most responsible companies in Latvia.
Compliance with any of the 5 Sustainability Categories is determined by a competent jury of experts, assessing the participant's performance in five key business areas. First of all, it is a business strategy or long-term activity planning. Market Relations – Transparency of Business Processes and Customer Liability in the Work Environment (Personnel Policy), the Environment (Business Impact on the Environment) and Investments in Society (Health Promotion, Collaboration with the Local Community). Each answer to the questionnaire must be justified and certified by publicly referenced on the Internet or other media or in an official document as the Sustainability Index evaluates the practical event in the company. According to the reported results (snow proofing and compliance with criteria), companies are divided into four categories: platinum (over 90%) gold (80 to 89.9%), silver (60 to 79.9%) and copper from 40 to 59.9%).
One of the biggest benefits of participating in this kind of evaluation is feedback, as the jury provides a written analysis of the evaluation to each participant not only for the deficiencies but also for practical proposals for future development.
In Latvia, the Sustainability Index is being evaluated for the tenth year and this year not only companies, but also state and municipal capital companies, as well as various institutions and organizations, are involved. "Ventspils reiss" has been participating in the Sustainability Index for the seventh year and has been able to show good results from the first year when it was rated Silver. The gradual improvement in its performance in all areas, including the second year of membership, confirmed compliance with Silver and then three times in a row – Gold, for the second consecutive year – Platinum.
The above-mentioned award is one of the most important achievements of the SIA Ventspils reiss, which confirms that the company's work is organized at the highest level. Platinum companies demonstrate to their businesses a responsible attitude and a high level of corporate responsibility in all areas of their business, defining responsibilities both at executive and executive level. These companies have systematic data collection and impact assessments as well as regular and transparent reporting on their activities. They take care not only for their employees, but also for their clients, their partners and the local community, both in their assessment processes and in improving their performance, while the data issued by these companies have been approved by an external auditor.
In addition to this recognition, for the seventh consecutive year, Ventspils Municipality Ltd received the status of the Welfare Ministry as Commercial Merchant and the Environmental Environment Award of Ventspils Town Hall for Responsible Attitude and Contribution to Supporting Family Values . friendly. "The company was recognized as the safest passenger in Latvia for 6 years.
Municipal Company Ventspils reiss is a 100% municipal capital company founded in 1997. It provides public transport services on Ventspils bus services, long-distance itineraries and custom tourist tours and also manages Ventspils bus station.