Schréder - Sustainability Report 2020

Foreword

we consider sustainability a true business- enabler. It guides us in meeting our customers’ expectations in very different contexts around the world, it drives innovation and unleashes opportunities. Sustainability plays a key role in the long-term relationship we nurture with all our stakeholders, including governments and employees. We are proud of the progress we are making on executing our “Together for our Future” project and we are very pleased to share the first milestones in our first GRI report. We aim to report in a transparent and objective way on our performance, while realising that this is only a part of a much longer journey.

is to hand it over from generation to generation, with each generation contributing to making the business and its surrounding communities healthier and better. It is this next generation thinking that instills our commitment to sustainability. We continuously innovate, change the way we look at the world and undertake, while contributing to the UN Sustainable Development Goals (SDG). For some time, we included sustainability and the preservation of our planet in our company’s mission statement. In 2019, we formalised our sustainability strategy and actions under a comprehensive project called “Together for our Future”. After a broad consultation of our stakeholders, 3 strategic pillars were defined, to align with what matters most to them:  Together for our Planet to lighten our footprint;  Together for our People to protect them and address their needs;  Together for our Communities to bring positive change. We also embedded sustainability in our company value system by adding “Respect”, which underlines our commitment to be mindful of our social impact and human rights. Respect is the umbrella under which we lead the way to sustainable business.

Together for our Future, Acting responsibly for a sustainable future For more than a century, Schréder has been active in public lighting. An industry that has a life-changing impact on citizens worldwide, improving their comfort, safety and development. However, this industry also has its challenges that impact people and the environment, like energy consumption and greenhouse gas emissions, light pollution and changes in biodiversity patterns. Our role as market leader motivates us to take part in the global battle against climate change and contribute to a respectful economic development. Over the years, Schréder has continuously found new ways to improve the energy efficiency of its products and in more recent years developed smart city solutions to help cities become more connected and more resilient in the era of data. We help communities face their biggest challenges, making the world more sustainable. Beyond our corporate social responsibility, the core purpose of our family-owned company

We hope you enjoy reading the report and welcome your feedback and suggestions.

Renaud Gryspeerdt Chairman of the Board

Werner De Wolf CEO

We have also strengthened the integration of sustainability within our business strategy, as

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