NowyStyl_Raport CSR_2022-2023_EN-www

The study conducted for the purposes of social dialogue shows that the areas of interest to Nowy Styl’s stakeholders did not change significantly in 2022–2023, and the compa- ny’s commitment in their eyes is most visible in the area of the organization’s environmental and product care. The respondents assessed that Nowy Styl should continue its initiatives in the area of the natural environ- ment (CO2 reduction, eco-design, waste reduction, energy efficiency) and HR. At the same time, it could be more involved in issues of employee mental health and their eco-education, implementation of products with a reduced carbon footprint, as well as activities for the local commu- nity, because stakeholders do not have the knowledge to implement such activities. It is a conclusion for the future that there remain areas that need to be improved or highlighted. The conclusions of the analysis will be taken into account in the implementation of current actions and operational plans for the years to come. We took account of these conclusions when assessing the relevance and selection of aspects we describe in this report. We have recently noticed a significant impact of the climate changes that have been taking place for many years, caused by human activity, which translate into a drastic reduction of natural resources. We can feel that impact directly in our daily work. In addition, growing legislative requirements as well as the expectations of customers, partners and the public towards large enterprises in the area of ESG give a new direction to actions taken and oblige businesses to adopt more and more ambitious goals in this area. In our opinion, the intensification of Nowy Styl’s sustain- able development policy is the only right thing to do. It is also an opportunity for us to build an authentic image of a committed and responsible company. We are implementing a number of coordinated activities that are constantly shaping the functioning of the organisation and instilling a responsible approach among customers, employees, partners, suppliers and local communities. This makes us a good partner for the stakeholders, who understand the ongoing changes and the key importance of sustainability for business. 1.6 Sustainable development strategy GRI 2-22 GRI 2-9 Until recently, the area of sustainable development of Nowy Styl used to be the responsibility of the Marketing Director, who reported directly to a Member of the Management Board. Tasks in this area were carried out with the support of a wide group of people from various departments of our company and related companies. In order to meet the new requirements as set out by the EU’s December 16th, 2022 Directive on Corporate Sustainability Reporting (CSRD) and prepare our organisation for a full transformation in the spirit of sustainable development, we have taken steps to give a formal structure to this interdisciplinary team. Pursuant to Order No. 2/30/10/2024 dated October 30th, 2024 issued by the Management Board of Nowy Styl regarding activities for Sustainable Development at Nowy Styl, a cross-functional ESG Team was established as of November 1st, 2024. It consists of 9 members who represent key areas of the organization, such as: HR Department, Environmental Protection Department, Legal Department, Global Procurement and Supply Chain Department, Product Department, Quality Area, Marketing Department and Controlling Department. The team is coor- dinated by ESG Manager, Adrianna Kobylak, while direct supervision over the Team’s work has been entrusted to one of the Members of the Management Board of Nowy Styl, Mr. Paweł Smaś, who has taken over responsibility for sustainable development issues on behalf of the Company’s Management Board. The main tasks of the ESG Team include updating the sustainable development strategy consistent with the business goals of Nowy Styl, developing and implementing a sustainability reporting system according to CSRD guide- lines, tracking progress toward goals and transparently reporting results on an ongoing basis, and promoting awareness of sustainability among employees and other company stakeholders. The team 21