SUSTAINABILITY REPORT PENNY ROMANIA 2022 10/250 Purpose of the Report As part of the international REWE Group, we, PENNY Romania, position ourselves as a local discounter that wants to actively contribute to a sustainable future. For us, this goal means a low-carbon future, increased quality of life for our customers, excellent resource management, collaborative supply chain partnerships, reduced pollution and substantial contributions to the communities in which we operate. Through our actions, we aim to add value to the sustainable development goals set out in the Paris Pact. The 2022 Sustainability Report is the sixth report published by PENNY Romania. You will find in it information on the company's sustainability strategy and an analysis of the economic, social and environmental impact generated by our daily activity. We also wanted to be transparent with our efforts to increasingly control this impact. We highlight our activities at local level that fall under the REWE Group umbrella, but which we approach strategically and operationally tailored to the specific market in Romania. Reporting period We report annually on our non-financial performance on key aspects of the business taking into account our economic, social and environmental concerns. In this report we communicate the organization’s actions and challenges, results and performance for the period 11st of January to 31st of December 2022.. To capture progress against 2021 we have used specific operational level reporting indicators assimilated under the GRI 2021 reporting standard. Where we considered it necessary, we marked progress by reporting progress staggered over two or three years. We will continue to report data on PENNY Romania's non-financial performance each year. It is important for us to build and create long term relationships of trust and we communicate this information transparently to all our stakeholders. Area of applicability The report captures the performance of the operations of REWE (Romania) SRL and REWE Projektentwicklung Romania SRL. The company's latest sustainability report released has been for the financial year 2021. We have revised some data reported About the REPORT in the previous year, and these are highlighted by footnotes to the quantitative data reported for the specific material aspect. The data collection method to measure regional products at the company level was changed in 2022. Indicators for 2021 have been recalculated using the new method and may no longer match the information contained in the 2021 sustainability report. The year 2019 was defined as a new milestone year for CO2 reduction targets. The new targets correspond to a level of emissions that takes into account the positive effect created by the use of green electricity. The indicators for 2019, 2020 and 2021 were recalculated on this basis and may no longer correspond to the information contained in the sustainability reports for 2019, 2020 and 2021. Reporting framework, references and guidelines We have thoroughly re-examined the applicable industry standards and considered making minimal adjustments to the material topics addressed from the perspective of SASB standard requirements. In defining the boundaries of the report and defining the structure we focused our attention on double materiality analysis. This centers on the analysis of the relevance of the material topics to the business (outside-in perspective) in correlation with the analysis of the social and environmental impact of the organization in the community (inside-out perspective). Clarifying information on approaches can be identified in Chapter 3. The report was prepared by PENNY representatives with the support of the qualified external sustainability consultant, denkstatt Romania. The report was developed following the SASB (Sustainability Accounting Standards Board) reporting frameworks of the specific Food Retail & Distributor Industry and the methodology proposed by the GRI – Global Reporting Initiative 2021 standards. The full list of standards and indicators belonging to the two reporting frameworks can be found in the last section of this report, entitled "GRI and SASB Index". The report complies with relevant non-financial reporting requirements under applicable national and international law. SUSTAINABILITY STRATEGY ABOUT US AND OUR VALUE CHAIN THE FUTURE IS MADE TODAY SUSTAINABILITY HIGHLIGHTS MESSAGE FROM THE GENERAL DIRECTORS CONTENTS SUSTAINABILITY STEP BY STEP
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