Tipico Releases Corporate Responsibility Report for 2020

Despite enduring a year full of challenges due to the COVID-19 pandemic, Tipico has not only managed to strengthen its market leader position through sustainable corporate decisions but has simultaneously further developed its benchmarks in the field of corporate responsibility. The Corporate Responsibility Report 2020 illustrates how Tipico lives up to its commitment as a trustworthy and responsible corporate citizen, through a variety of successful initiatives and sustainable activities.

The report details a number of projects, measures, and key indicators from areas like personnel, product safety, compliance, society, environment and supply chains, which, together with a consistent corporate ethic, underline Tipico Group’s values and commitment in action. To mention an example, the company’s responsible conduct played a key role in Tipico being among the first providers to receive the newfound sports betting concession valid throughout Germany in October 2020. Other examples of the Tipico Group’s successful efforts, include its cooperation with a whistleblowing ombudsman, and its support for social projects such as the Black Forest Nature Park. Responsible action is also the premise in the Tipico Group’s approach to its conservation of energy and resources. In fact, the group reduced CO2 emissions (Scope 1) by around 33% compared to the previous year.

Further details can be found in the Corporate Responsibility Report 2020, which may be downloaded here.

Tipico Publishes Corporate Responsibility Report 2019

Tipico is publishing this report as people around the globe are fighting the COVID-19 pandemic which brings with its uncertainties and changes for everyone. While it is still too early to describe the long-term outcomes of the crisis, something has become evident: In the framework of the pandemic a multitude of positive initiatives have been set up as well, illustrating that sustainable transformations are possible in all areas.

The same goes for Tipico: Corporate responsibility means successfully operating Tipico’s business in a sustainable manner. Therefore, Tipico is proud to present its corporate responsibility report 2019, which discloses extensive information on its efforts to be a trusted and responsible corporate citizen. The report highlights a number of projects and key indicators that demonstrate how the market leader for sports betting integrate sustainable business decisions in all its actions, delivering better outcomes for all stakeholders and communities. It increases transparency and helps all stakeholders understand Tipico’s values and commitment.

In 2019, both the trust in the Tipico brand and satisfaction with the product increased among customers. Tipico has more than 280,000 active online users on a Bundesliga match day and has been ranked the 6th most influential online gambling provider worldwide. All this is the result of its trustworthy and sustainable business practices. It is not just the result of a few people’s work, but is influenced by the actions of each and every employee in the Tipico Group as well as all external collaborative partners. Internally, Tipico’s employees bring the company values to life and support Tipico in continuously improving its performance. In 2019, Tipico therefore focused on increasing training for employees by offering an extensive leadership programme and by ensuring that employees participate in all compliance training sessions. Tipico trusts all its employees to follow the highest ethical standards and is proud that over the last year so many employees got actively involved in shaping the company through voluntary culture work streams. At the same time, external collaboration helps Tipico to reach its goals. Since 2018, Tipico has been part of the UN Global Compact, the largest sustainability initiative worldwide which enables the sports betting provider to align and take actions with the support of the United Nations. Tipico is committed to the principles of the initiative and will keep working towards its common goals.

After a successful year, Tipico is now excited to present the results: Corporate Responsibility Report 2019

More than 1,500 new trees for Malta

Maximizing our positive impact on the environment! Following this principle, the Tipico Co. Ltd. decided to plant more than 1,500 trees on the Maltese island – one for each
employee of the whole Tipico Group.

The project idea started initially on the 4th of October 2019, when around 120 employees of the company in collaboration with many local NGOs got involved in various projects around the island. For a whole working day, the employees were exempted to engage in charitable organizations of their choice. The day started in the office with some sessions of external speakers talking about topics such as possibilities how to reduce water and food waste and about biodiversity projects in Malta.

One of the groups collaborated with Ambjent Malta, planting the first charge of 600 trees in the Ta’ Qali National Park. During the last days of december 2019, a second charge of 950 trees was planted in the Mediterranean Garden in Paola. Due to the high development of the island, ecological compensation areas and parks are of great importance. As the Mediterranean Garden is a public space, residents will further benefit by the recreational area nearby.

Trees planted consist of a mix of lentisk and Mediterranean cypress (Cipress), which will create a buffer wall along perimeter of the site as the species grows thick and bushy. Besides, several Jerusalem pines (Prinjol) a Maltese indigenous tree and the most common tree on the island.

Some Judas trees (Sigra ta’ Guda) have further been planted, small indigenous trees which blooms around April and gives a violet colour to the habitat. In order to attract many birds and insects, fruit bearing olive trees (Taz-Zebbug) and the typical Mediterranean carob (Harrub) trees have been planted during this project as well.

The project is part of the Corporate Responsibility strategy of Tipico. The company is convinced that economic success goes hand in hand with responsible business practices. Tipico therefore identified fields that have the highest impact on its ESG performance. Progress on all material topics is further disclosed in a separate nonfinancial report.