The operational sub-committees fulfil the following roles: z Identification and management of material business and sustainability issues z Management of strategic risks and opportunities by specific pillars z Development of specific objectives z Operationalizing the sustainability strategy within the three pillars z Management of operational risks and opportunities z Generation of specific initiatives (programmes, projects, measures) z Setting operational performance indicators z Control and monitoring of indicators z Policy development z Assesses and manages critical situations or concerns related to sustainability management, including relevant material issues supported by operational processes in activities at the organization’s sites z Reaching targets z Monitoring the correct implementation of the Strategy by specific pillars The Sustainability Manager has the following responsibilities: z Supports the implementation of the sustainability strategy and promotes the company's programme z Provides advice on assessing business opportunities and risks z Assesses operational processes with potential impact and supports the development of specific strategies under the three pillars z Governs committee meetings on specific pillars z Works with the other members of the Sustainability Operational Committee z Reports local sustainability performance to the CEO z Reports annually on internal and external sustainability performance z Reviews and agrees with the CEO new policies on sustainability areas z Ensures compliance with the organization’s nonfinancial reporting requirements z Manages any updates to the Sustainability Strategy, including overseeing the involvement of independent suppliers z Implements sustainability training and development programms for internal teams and key functions in the organization Responsible business practices We developed policies to guide responsible business practices. We integrated initiatives into our operations that drive the achievement of strategic objectives. This integration was achieved by pragmatically considering PENNY Romania as an important player in the Romanian retail market. We approach business in an ethical way with respect for human rights, with fair and honest business approaches and we are always close to our stakeholders. The development of local targets and initiatives, the operationalization of initiatives, the control and monitoring of the activities is carried out locally in Romania by the Sustainability Committee. This committee functions as a decision-making and idea-generating body. PENNY Romania's sustainability strategy is subject to regular reviews that take into account all available information, including customer surveys, competitor analyses and political debate analyses. We identify and test opportunities. We work together for sustainable mobility. At the end of 2022, we achieved a first in Romanian retail. Together with our partners at Step One Spedition and Merce-des-Benz Trucks & Buses Romania, we started testing the eActros 300, the first electric truck available in Romania. Also in the same year, we launched the "100 business ideas for Romania" initiative. In collaboration with the Academy of Economic Studies, we analyzed and integrated 100 local business opportunities in the form of a guide, from industries such as agriculture or packaging to cosmetics, with the aim of identifying business development solutions based on 100% Romanian and 3RO-aligned products. CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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