Business Relevance The business relevance of each material aspect was quantified using data collected in one-to-one interviews. These data provided information on opportunities and risks for each material aspect. The eight material aspects that fall into the Corporate Governance and Business group and in the group related to the strategic pillar 'Sustainable Assortment' present the greatest potential impacts for companies. Business and Corporate Governance Management and Sustainable Governance We operate and developwith integrity and respect for society. Correct management of all aspects related to corporate governance is a major priority for our company, from compliance with all aspects of our code of business conduct and corporate policies to transparency in diversity and crisis management. Risk Management and Compliance The assessment andmanagement of risks associatedwith Penny Romania's operations are essential and are part of the corporate management process. We responsibly identify and manage all business risks, operational risks, and those associated with legislative compliance on various aspects of the Romanianmarket.We are careful that our operations in Romania comply with the requirements of the corporation, with the legal requirements in force, or with the specific requirements of the interested parties. On the other hand, we identify new opportunities that we address from the perspective of added value in the community. Sustainable Business Model We have developed and implemented a sustainable business model because we are fully aware thatwe cananswer theneeds of our stakeholders only through responsible business practices and ethical business approach, respecting all human rights. We conclude partnerships and collaborations based on the principle of transparency and address the commercial sector to our consumers using responsible marketing means. Environmental and social responsibility has long earned a special place in our business strategy. Cyber Security Along with the continuous digitalization in recent years, cybersecurity has become an issue of great importance for legal entities and the population. We make every effort to ensure the protection of personal data and to prevent and combat cyber-attacks.We use state-of-the-art computer systems and attach great importance to cyber security for internal and external stakeholders. Sustainable Assortment Ethics in the Supply Chain Processes We want to promote a range of sustainable products by developing long-term partnerships with our suppliers so that we ensure that quality, environmental, and social requirements are met throughout the supply chain. Animal welfare Our company promotes animal welfare;we establish partnershipswithmeat suppliers that demonstrate the implementation of the highest standards in this field. Environmental protection Environmental protection is a hot topic in today's society. We believe that we are responsible for encouraging the use of sustainable packaging to help implement the elements of the circular economy and to support farmers who use environmentally friendly production methods. Nutrition As a future strategy, we want our own branded product portfolio to increasingly comply with the principles of healthy and balanced nutrition. SUSTAINABILITY REPORT PENNY ROMANIA 2021 56/168 CONTENT ABOUT PENNY SUSTAINABILITY STRATEGY SUSTAINABILITY STEP BY STEP SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY REPORT ASSURANCE GRI & SASB INDEX
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