BUSINESS Stewards We develop our business in a responsible way, aiming to implement sustainability principles in all our business activities, acting responsibly on the Romanian market and trying to contribute to the development of a sustainable business environment. We keep the alignment of our strategic directions with the UN Sustainable Development Goals, in line with the targets set by the European Climate Pact. We pursue a better future for all and assume our role in this effort. For this reason, we aim to integrate sustainability principles into all our activities, including the governance of the organization. As sustainable development is not an individual process, we are constantly striving to communicate with stakeholders and effectively find their needs. Through joint actions and collaboration in the value chain, we can achieve results that support sustainable development for both the community and the business environment, while protecting the environment. Through our sustainability strategy, we want to contribute and create a sustainable business in the Romanian market and increase the quality of life of local communities. This vision is collectively assumed within our organization, both by the employees and the management board. We hope that all these aspects will be reflected in the actions and measures that we present in this report, from our environmental protection measures to those to attenuate climate change and to social responsibility projects and support local communities. We also want to present to readers our progress on different performance indicators, by presenting the data and information we recorded in 2023 and comparing them where possible with the values of 2022. For an overview, the report contains: z Information about PENNY and the REWE Group on page 12 z PENNY Romania’s Sustainability Strategy on page 32 z Information related to our governance system on page 54 z Information about our responsibility for the assortment offered for sale at page 104 z Information on our responsibility for the environment page 140 z Information on our responsibility for the people on page 186 Our motto: We save money, not love, brings us closer to our customers in a responsible way by adding in communication: z "We save money, not responsibility", which brings our sustainability concerns to the fore z "We save time, not passion", through which we once again communicate our commitment to our colleagues Throughout this report, you will have the opportunity to discover how, guided by our sustainability strategy and targets, we are shaping our initiatives to fulfill our business mission responsibly. We will highlight our efforts to meet the demands of local communities and consumers, underlining our ongoing commitment to contributing to a better and more sustainable world. AKNOWLEDGMENT We are committed to continuing to develop in a healthy and responsible way in the years to come, always keeping in mind the international standards for responsible business practices. We are grateful to all our partners for the collaborations and projects we have implemented together. At the same time, we thank our customers for choosing us for their involvement in our initiatives dedicated to the conservation of resources and more. Together we can build a better future by creating synergies between our responsible business activities and the expectations of all stakeholders. As we have committed ourselves to in previous years, we are very open to recommendations and will consider all the suggestions we received from our stakeholders through different communication channels in the internal analyses carried out by the Sustainability Committee. All our effort, progress and success are the result of the work of our talented and resolute employees, whom we thank sincerely for their contribution. We continue to remain partners dedicated to developing a better and more sustainable future for all! Our effort, progress, and success belong to our talented and dedicated employees. We thank everyone for this! SUSTAINABILITY STEP BY STEP CORPORATE GOVERNANCE AND BUSINESS SUSTAINABLE ASSORTMENT ENERGY, CLIMATE AND RESOURCES EMPLOYEES AND SOCIETY GRI & SASB INDEX ASSURANCE OF SELECTED NON-FINANCIAL INDICATORS
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