GOVERNANCE AND SUSTAINABLE MANAGEMENT EXPLAINING THE IMPACT The governance and management that we have designed underpin our entire business and all the actions we carry out within PENNY Romania. Therefore, for our company to be sustainable, sustainability must be incorporated not only in the operations performed, but also at the highest business level, in the governance structure and the company's management. The design and implementation of corporate governance and management determine not only economic performance and business development, but also the impact our organization has on the social and environmental issues that surround us HOW WE CONTROL THE IMPACT We have a sustainability strategy and a Sustainability Committee that oversees the potential social and environmental impacts of our activities. In order to manage the impact that our company’s governance and management have on economic, social and environmental factors, we have built sustainability into our management systems and implemented a set of values and principles to guide our activities: z Ethics and Integrity – we implement in our business both concern for legal compliance and managerial responsibility for ethical behavior and integrity in all the actions we carry out. z Fairness – we are fair in our business activities and in our interactions with others, we take responsibility for our actions and respect those around us. z Anti-competitive practice – we support and implement fair competition and anti-trust practices; we prohibit in our activities and in the relationship with our business partners any form of understanding or exchange of information to or between competitors regarding prices, terms and conditions of suppliers. z Anti-corruption policies – within our company and in our relationship with our business partners we prohibit and condemn any form of corruption, bribery or blackmail and we remove any personal interest or conflict of interest from business operations. OUR IMPACT AND PERFORMANCE IN FIGURES Sustainability is integrated from the highest level of management, and this top-down approach allows us to structure our corporate governance to include elements of environmental protection, energy efficiency in operations, ensuring social standards in the supply chain and corporate responsibility for our people as well as the communities in which we operate. In our top-down business strategy approach we initially seek to identify the divisions with the greatest potential for sustainable development, and then act within each operating business division that could bring a higher yield in developing our business model into a sustainable one. This approach enables the implementation of the company's vision and ensures the interest of shareholders, colleagues, customers and stakeholders, and the fulfilment of the business promises made. CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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