NowyStyl_Raport CSR_2022-2023_EN-www

Adam Krzanowski President of the Management Board and co-owner of Nowy Styl 2023 was a year of remarkable inflationary pressure and rising raw material costs, which forced us to further optimise our processes and intensify our efforts for sustainability. Despite rising energy, material and trans- port costs, we successfully continued our investments in green energy, infrastructure solutions to improve energy efficiency and technologies to help reduce our carbon footprint. We introduced a number of innovations to help minimise our resource consumption and reduce waste, particularly from packaging materials. We are replacing them with reusable or recyclable materials. Our original goal set in the management system was to reduce carbon dioxide emissions by 30% by 2025 compared to 2018. The many initiatives completed in 2022–2023 yielded significant results in this respect, and 2023 turned out to be a record year on Nowy Styl path to decarbonising the company’s operations so far. We have therefore decided to raise our CO2 emission reduction target from 30% to 50% by 2025 (within the scope of the CO2 Performance Ladder certification) in order to achieve net zero emissions in the long term, by 2050. Even in the face of challenges, we have not lost our fundamental values. Sustainability remains our priority, both in environmental and social terms. Our investments in energy-saving technologies, product development in the spirit of ecodesign and support for local communities in recent years are just some examples that testify to our responsibility. On 21st of August 2023 Nowy Styl became a signatory of the Diversity Charter – an initiative under the patronage of the European Commission, implemented in 26 EU coun- tries, aimed at promoting equal treatment policy and diversity management in the workplace. Our accession to the Charter confirms that diversity and respect for human rights are an integral part of our organisational culture, which we are increasingly committed to building. We have appointed ethics officers, we regularly update our long-standing policies, the Code of Ethics and the Supplier Code of Conduct, and we regularly hold training to ensure that all our employees and partners throughout the value chain are aware of the core values that guide us as an organisation. In 2022, we developed the Nowy Styl Anti-Corruption Policy and appointed a Compliance Officer, who is respon- sible for monitoring compliance with the Policy. At the end of 2023, we published a Human Rights Policy , which specifies the principles and good practices exercised in our organisation, based on international labour standards and human rights. At the same time, we also published our new Quality and Environment Policy, Workplace Safety Policy, and Modern Slavery and Human Trafficking State- ment, which sets out the actions our organisation takes to ensure that modern slavery, forced labour and human trafficking do not occur within our business or across our supply chain. We focus on transparency, ethics and responsibility in all aspects of our business. These values constitute the foundation on which we base our company’s continued success. We are actively involved in local development, sports and culture, supporting various organisations, mainly from the region of Podkarpacie. Our annual charity ball event for children from educational centres and the J. Korczak Foundation have even become a part of our identity. We are going to continue this mission in the coming years. In 2022 and 2023, we made large steps on the way to implementing our sustainability strategy, which undoubtedly brings us closer to full reporting in full compliance with the requirements of all EU directives we are implementing. We focused on key areas such as reducing greenhouse gas emissions, optimising the use of natural resources and building an inclusive workplace that promotes innovation and talent development. Our approach to sustainability has been noticed and appreciated by one of the most popular platforms assessing corporate sustainability. In 2022, 2023 and 2024 Nowy Styl was awarded the EcoVadis platinum medal, which placed us among the top 1 % of assessed companies from around the world, scoring the highest in the four categories: human and employee rights, environment, ethics and sustainable procurement. Our journey with the EcoVadis assessment can be summed up in one word: growth. We have gone through various stages – from silver, to gold, to triple platinum. But we are not stopping at this, and we are motivated to continue developing sustainable initiatives across various areas of our organisation. We would like to thank our employees who make sure that Nowy Styl develops in line with our values, and all our partners and stakeholders for their joint efforts in these extraordinary times. Your commitment and support are invaluable to us. We trust that our achievements and plans for the future outlined in this report will inspire further work for sustainable development. We hope you will enjoy reading this report. 03