SCHREDER - Sustainability Report 2024

Table of contents

Our Sustainability Strategy

Together For Our Future Our 2022 materiality assessment confirmed the continued relevance of our Together For Our Future sustainability programme, launched in 2020. Structured around three core axes - For Our Planet, For Our People and For Our Community - the programme remains our strategic framework for addressing climate action, circularity, inclusion and community engagement. Over time, we have sharpened our focus to help our customers reduce their carbon footprint, align with the Paris Agreement and embrace diversity in all its forms. In 2024, we conducted our first Double Materiality Assessment (DMA) as part of our initial preparations for the Corporate Sustainability Reporting Directive (CSRD). At the time, the CSRD requirements were expected to be applied sooner, and this comprehensive exercise allowed us to deepen our understanding of our value chain and assess the most relevant ESG topics from both impact and financial perspectives. Although enforcement of the CSRD has now been deferred for our business, the lessons learned from this process remain invaluable. They have further strengthened the strategic direction of Together For Our Future programme and positioned us to move forward with greater clarity, alignment and long-term commitment to sustainability.

FOR OUR PEOPLE Being an employer that offers equal opportunities to the diversity of groups living in society. Focus areas: Gender equity Diversity & Inclusion Zero breach of human rights in our value chain

FOR OUR PLANET Being responsible for our planet by reducing our own and our customers’ environmental impact. Focus areas: Take action on climate change by reducing our own and our customers’ carbon footprint Build a circular economy

FOR OUR COMMUNITY Helping customers to protect eco-systems and foster a better quality of life. Focus areas: The right light, where, when and how it is needed Lighting with a positive social impact Support less privileged areas

12

Powered by