SCHREDER - Sustainability Report 2023

Looking ahead … We have both the will and ability to grow our business in a way that is both profitable and sustainable. For a growing proportion of our customer base, sustainability is an important selection criterion. We can play a key role in supporting our customers on their sustainability journey, as our products are responsible for a large share of their electricity consumption. Through innovation, Schréder can differentiate itself from the competition with sustainable products and solutions. We help our customers to achieve their sustainability targets, while at the same time improving our own performance in this area. We therefore see sustainability as playing an increasingly important role in our business strategy and as a source of differentiation in the future. Growing our business, while acting in a sustainable way, is very rewarding. It is an important source of motivation for our teams and a key factor in attracting and retaining talent. Continuing to train and develop our teams and the Board on sustainability-related issues is also an important element of this journey. We also welcome the new CSRD regulation as we believe it will bring more transparency and greater accountability. In this context, we see this third GRI report as key preparation for this next step in sustainability reporting. We hope you enjoy reading about our progress, and how we are addressing sustainability challenges. We would like to thank you for your interest in this important matter.

Werner De Wolf CEO

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