Our responsibility We have undertaken a sustainability strategy out of a desire to contribute and create a sustainable business in the Romanian market and to increase the quality of life of local communities. We have aligned our strategic objectives with the Sustainable Development Goals because this is the only way we can contribute to the EU targets assigned under the European Climate Pact. We believe that sustainable business is not built at the expense of people or the planet. Current pressures from climate change bring many challenges. When thinking about the effects of climate change we are always mindful of what the risk is for our business but also how we can generate opportunities for it while contributing to balance and synergies for local communities. Our colleagues and management are aware that it is only through a common force that we can be part of the change: a change that can bring a better future for all of us. Change requires united forces of all stakeholders, understanding of the challenges, assessment of the challenges, joint actions and collaborations in the value chain and collective action by all. Through stakeholder engagement interviews this year, we have gained an even better understanding of how much what we do matters. Our directions are those that are in line with the local need, expectations and needs of many stakeholder groups. We certainly still have a lot of work to do but in this report we concretely set out our concerns on material issues important to our business and concretely map how we are delivering value to the business and to our communities. In this report, dear reader, you will find an overview of our existing activities contributing to the achievement of the SDGs (Sustainable Development Goals), as well as our work to mainstream these goals and operationalize them in practice. For a better understanding of the content, you will find our performance translated in "Facts and Figures". A nice foray into the realm of good deeds launched into society, but also the balance we constantly strive for when we want to grow our business, to do it responsibly with as little negative impact as possible and to manage long-term value. Information z Information about PENNY and REWE Group at page 12 z Information about the Sustainability strategy at page 28 z Information about recommendations coming from you the readers as part of relevant stakeholder groups at page 43 z Information on Employees and Society issues at page 173 z Information on Sustainable Sourcing issues at page 87 z Information on Energy, Climate and Resources Care issues at page 129 Our motto is "We save money, not love", that's why we are close to our consumers in a responsible way. We actively contribute to some of the needs of consumers: z their need for local products, z ensuring sustainable mobility, z the choice of products applying a good quality-price ratio, z packaging recycling, z the use of renewable energy, z energy efficiency, z operational efficiencies as part of economic impact and providing a safer environment for a beautiful and healthy community, z environmental education for consumers in general, z a safe, inclusive, life-stage oriented working environment, z increasing of the life quality, z supporting of local communities. Throughout this report, you will be given the opportunity to discover how PENNY, based on its sustainability strategy and goals, defines initiatives to responsibly fulfill its business mission and strives to meet the needs of its local communities and consumers. Acknowledgment We will continue to grow in a healthy and responsible manner in the coming years, always taking into account international standards for responsible business practices. We thank all our stakeholders for the recommendations received throughout the online surveys. We appreciate that they have been and are with us. Together we can create a better future by creating synergies between our responsible business concerns aligned with the expectations of all stakeholders. As we have been accustomed to in prior years, we are very attentive to recommendations and we will take them on board in our internal analysis at Sustainability Committee level. Additionally, our sustainability team welcomes your suggestions and questions at contact@penny.ro or presa@penny.ro. Our effort, progress and success belong to our talented and dedicated employees. Thank you to all of them! We will remain partners in creating a better future. CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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