SGS S.A.

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SGS S.A.
Company type
Public
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HeadquartersBaar, Switzerland
Key people
Calvin Grieder (Chairman)
Géraldine Picaud (CEO)
ServicesTesting, inspection, certification
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Total equityCHF 5.28 billion (end 2023)[1]
Number of employees
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Websitewww.sgs.com

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SGS (formerly Template:Langr, French for 'general society of surveillance') is a Swiss multinational company headquartered in Baar, which provides inspection, verification, testing and certification services. Its 99,600 employees operate a network of 2,600 offices and laboratories worldwide.[2] It ranked on Forbes Global 2000 in 2015,[3] 2016,[4] 2017,[5] 2020[6] and 2021.[7]

The core services offered by SGS include the inspection and verification of the quantity, weight and quality of traded goods; the testing of product quality and performance against various health, safety and regulatory standards; and the ascertainment of the conformance of products, systems or services with the requirements of standards set by governments, standardization bodies or SGS customers.[a]

History

International traders in London – including those from France, Germany, the Netherlands, the Baltic, Hungary, the Mediterranean and the United States – founded the London Corn Trade Association in 1878 in order to standardize shipping documents for exporting nations and to clarify procedures and disputes relating to the quality of imported grain.

In the same year, SGS was founded in Rouen, France, by Henri Goldstuck, a young Latvian immigrant who, having seen the opportunities at one of the country's largest ports, began to inspect French grain shipments.[9] With the aid of Captain Maxwell Shafftington, he borrowed money from an Austrian friend to start inspecting the shipments arriving in Rouen as, during transit, losses showed in the volume of grain as a result of shrinkage and theft. The service inspected and verified the quantity and quality of the grain on arrival with the importer.

Business grew rapidly; the two entrepreneurs went into business together in December 1878 and, within a year, had opened offices in Le Havre, Dunkirk and Marseilles.

In 1915, during the First World War, the company moved its headquarters from Paris to Geneva, Switzerland, and on 19 July 1919, the company adopted the name Template:Langr.

During the mid-20th century, SGS started offering inspection, testing and verification services across a variety of sectors, including industrial, minerals and oil, gas and chemicals, among others. In 1981, the company went public. It is a component of the SMI MID Index.[citation needed]

Operations

The company works in the following industries: agriculture and food, chemical, construction, consumer goods and retail, energy, finance, industrial manufacturing, life sciences, logistics, mining, oil and gas, public sector and transportation.

In 2004, in collaboration with SGS, the Template:Langr ('University Management Schools', abbreviated to IAE) Network developed Qualicert, a tool for evaluating university management training and establishing a new international benchmark. The Qualcert accreditation was approved by the Ministry of Economy and Finance, the Directorate General of Higher Education (DGES) and the Conference of University Presidents (CPU). Focused on continuous quality improvement, Qualicert is now in its sixth revision.[10]

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Awards and recognition

Notes

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  1. ^ Hermann Simon mentioned this company in his correspondent book as an example of a "Hidden Champion".[8]Template:Rp

References

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  1. ^ a b c d e Page Module:Citation/CS1/styles.css has no content."SGS 2023 Full Year Results". SGS. Retrieved 26 January 2024.
  2. ^ Page Module:Citation/CS1/styles.css has no content."SGS 2023 Full Year Results" (PDF). SGS. Retrieved 27 January 2024.
  3. ^ Page Module:Citation/CS1/styles.css has no content."China Takes Lead On The 2015 Global 2000". Forbes. Retrieved 3 December 2015.
  4. ^ Page Module:Citation/CS1/styles.css has no content."The World's Biggest Public Companies list". Forbes. Retrieved 23 January 2017.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Forbes World's Biggest Public Companies 2017 ranking". Forbes. Retrieved 24 May 2017.
  6. ^ Page Module:Citation/CS1/styles.css has no content."Forbes 2020". Kaggle. Retrieved 25 September 2021.
  7. ^ Page Module:Citation/CS1/styles.css has no content."The World's Largest Public Companies". Forbes. Retrieved 24 September 2021.
  8. ^ Page Module:Citation/CS1/styles.css has no content.Simon, Hermann (2009). Hidden Champions of the 21st Century: Success Strategies of unknown World Market Leaders. London: Springer. ISBN 978-0-387-98147-5.
  9. ^ Page Module:Citation/CS1/styles.css has no content."SGS - E- Story". www.swiss-ships.ch. Archived from the original on 8 December 2015. Retrieved 3 December 2015.
  10. ^ Page Module:Citation/CS1/styles.css has no content."IAE, the French Public reference for management". IAE. Retrieved 10 February 2022.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Forbes Top Multinational Performers". Forbes. Retrieved 23 January 2017.
  12. ^ Page Module:Citation/CS1/styles.css has no content."The World's Most Innovative Companies". Forbes. Retrieved 5 September 2017.
  13. ^ Page Module:Citation/CS1/styles.css has no content."DJSI Industry Leader: Professional Services" (PDF). S&P Global. Retrieved 24 September 2021.
  14. ^ Page Module:Citation/CS1/styles.css has no content."The 2019 Global Dow Jones Sustainability Index Results". Finch & Beak Consulting. Retrieved 24 September 2021.
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  16. ^ Page Module:Citation/CS1/styles.css has no content."Swiss Codes of Conduct Benchmark" (PDF). 17 April 2015.
  17. ^ Page Module:Citation/CS1/styles.css has no content."World's Leading Companies Join Campaign for 100% renewable power -". REI Group. Archived from the original on 8 December 2015. Retrieved 3 December 2015.

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