The analysis of the double materiality included two main dimensions: • Financial materiality – this reflects the importance of material topics from a business perspective, taking an outside-in approach. This perspective allows us to understand how our company is evolving in its economic context, what its performance is and how it is positioned in relation to the market and the competition. • Social and environmental impact – this dimension focuses on the effects that our activities have on the environment and on the communities in which they operate, following an inside-out perspective. Through this, we assess how the company influences society and the environment, with the aim of identifying and responsibly managing these impacts. Thus, each of the material aspects is examined under two main dimensions: • The size of relevance to the business – which assesses the economic impact of each material aspect on the company. This analysis helps us understand how each aspect influences our development, performance and strategic position in the market. • The dimension of the organization’s impact on the community – which focuses on the effects our activities have on the environment and society This perspective allows us to assess and report on how we contribute to or affect the well-being of communities and the health of the environment. For each material aspect, our report details the different types of economic, social and environmental impacts in distinct chapters, providing a clear and transparent picture of how our company manages its corporate responsibilities. The concept of double materiality was integrated into the stakeholder consultation process, and the Stakeholder involvement process carried out in the previous reporting was based on: • Engaging internal stakeholders (questionnaire dedicated to employees with 154 responses and workshops with employees in various departments), through which it was considered to understand the areas of interest for employees and identify potential directions for developing actions to increase sustainability performance • Engaging external stakeholders through a complex initiative carried out at the level of REWE Group in which consumers from all countries where the Group operates were consulted; in Romania, 1 000 consumers answered an online questionnaire and two focus groups were conducted • 6 interviews with PENNY Romania partners and suppliers, in which the understanding of the topics of interest in the field of sustainability and their needs was taken into account • dedicated interview with the three Administrators of PENNY Romania, in which the company's strategic directions and the way to integrate sustainability into the business model were discussed • online questionnaires, published and submitted in 2023, addressed to all categories of stakeholders, following which 5 427 responses were recorded, through which the impact of the organization on the community was quantified for each material aspect identified (inside-out perspective) MESSAGE FROM THE GENERAL MANAGEMENT SUSTAINABILITY STRATEGY AND GOVERNANCE ABOUT US AND OUR VALUE CHAIN ABOUT THE REPORT THE FUTURE IS MADE TODAY SUSTAINABILITY MILESTONES SUSTAINABILITY REPORT PENNY ROMANIA 2024 44/276
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