Ceconomy: Ceconomy : Sustainability Report (ceconomy sustainability report 2023 24)

Sustainability Report 2023/24 Foreword by the Executive Board Our Commitment With more than two billion customer contacts every year, we are aware of our responsibility to implement sustainable business practices, including with regard to our cus- tomers' purchasing and usage behaviour. At the same time, we shape the working environment of our approximately 50,000 employees throughout Europe. We are using this far-reaching impact in a targeted manner to pave the way for a more sustainable future. For us, sustainability is not just a buzzword, but an urgent requirement of the hour. It is clear that the switch to sustainable business practices is not an option, but a must, for us and for every forward-looking company. Protecting our planet will not wait, and we are taking this challenge seriously. As Europe's leading retailer of consumer electronics, we are at the forefront of the movement for sustainable innovation. Our employees are at the heart of this mission. Not only do we take responsibility for them, but we also feel an obligation to everyone we interact with. Together, we endeavour to firmly anchor sustainability in our corporate culture. We are committed to promoting talent, diversity and fair working conditions because we know that a strong, diverse team is the key to innovation and long-term success. The passion and expertise of our team are what make sustainability a real opportunity for us. Promoting the circular economy is a key component of our strategy. By extending the service life of products, recycling materials and minimising waste, we are actively helping to conserve resources and reduce our environmental impact. We are also actively improving our emissions by implementing energy-efficient technologies and processes and focussing on renewable energies throughout the Group when purchasing electricity. We also work closely with our industry partners to ensure 2 Foreword by the Executive Board Sustainable management is not only an » ethical imperative, but also a real growth driver for our business.« that sustainability takes centre stage throughout the entire value chain. Sustainability is also anchored in our financial and financing structure. In the past financial year, for example, we successfully placed a sustainability-linked bond, the interest on which is linked to us reducing our indirect greenhouse gases (Scope 3.11) by 14.8 percent by financial year 2026/27, starting from the base year 2021/22. By embedding sustainability into the core of our corporate strategy, we are consolidating our position in the market and gaining the trust of our customers, investors and employees alike. But despite all the responsibility we bear, it is our enthusiasm for the subject that spurs us on. Sustainability not only opens up innovative ways of thinking, but also new business horizons. We are convinced that sustainable management is not only an ethical imperative, but also a real growth driver for our business. We are using this opportunity to drive our business forward responsibly and with an innovative spirit. Our progress to date in sustainability shows that we are taking our commitment seriously and have implemented concrete steps. In this report, you will find comprehensive insights into how we achieve our goals, and what measures we are taking to achieve them. Our journey is not yet over, but we are constantly working on further developing our sustainability strategies and measures. We are staying tuned - for a sustainable future. The Management Board of CECONOMY AG Dr. Karsten Wildberger Dr. Kai-Ulrich Deissner 3 We keep the cycle going Contents Strategy Environment Social Governance Foreword 1. Climate action 1. Responsibility for employees Compliance Corporate strategy Energy and emissions Development and talent promotion Data protection Sustainability strategy Own brands Leadership training Information security In focus Logistics E-learning Taxes Networks and initiatives Working conditions Ratings 2. Resource conservation Co-determination More sustainable products Flexible working-time models Refurbished products Occupational health management Rental Diversity, equality and inclusion Repairs Trade-in 2. Responsibility in the supply chain Extended warranties and insurance Due diligence requirements in supplier management Waste management and recycling Whistleblowing system Supplier management for our inhouse brands 3. Social engagement Click through the individual chapters or read the report from beginning to end. 4 Strategy Environment Social Governance Back to index Key results financial year 2023/24 Climate change mitigation Scope 1 and 2 emissions 19 % more than in previous, 49 percent less than in baseline year / Target: reduction of 58.8 percent by 2032/33 (base year 2018/19) Scope 3.11 emissions 11.3 % less than in previous, 31 percent less than in baseline year / Target: reduction of 32.5 percent by 2032/33 (base year 21/22) Zero-emission Share of renewable energies delivery capability 86 cities more 100 % than in the previous year / Target: 80 cities by 2025/26 (currently: 120 cities) 8 percentage points more than in previous year / Target: 100 percent of direct electricity procurement from renewable energies by 2029/30 5 Strategy Environment Social Governance Back to index Key results financial year 2023/24 Conservation of resources More sustainable products in the product range: 6,450 1,517 more than in the previous year / Our target: 6,000 more sustainable products by 2025 Products traded-in: Refurbished products sold: currently currently 424,000 188,000 206,000 more than in the previous Our target: 220,000 refurbished products year / Our target: more than 600,000 sold by third parties in 2025/26 products purchased in 2025/26 Repairs: Green electricity contracts currently brokered: 3 million > 157,000 of which 250,000 directly in our stores, 60,716 more than in the previous year 0.2 million less than in the previous year / Our target: 3.5 million in 2025/26 6 Strategy Environment Social Governance Back to index Key results financial year 2023/24 Employees Employees from Proportion of female Women in management employees: currently positions: currently 123 nations 39.3 % 14.9 % 0.1 percentage points less than in the previous year 1 percentage point more than in the previous year Supply chain Society Successful audits at our in- Number of high-risk Donations to charitable house brands' production suppliers: organisations: facilities: 98.4 % 211 € 229 ,000 0.4 percentage points less than in the previous year 17.3 percentage points less than in the previous year 7 Strategy Environment Social Governance Back to index Corporate strategy Experience Electronics - sustainable customer experiences With our MediaMarkt and Saturn retail brands, we have characterised consumer electronics as a category. As an intermediary between our customers and partners, we enable them to discover and experience technology. We are thus creating a new category in which the individual customer experience takes centre stage: "Experience Electronics". As the European market leader, we are setting new standards for pioneering customer experiences with our "Experience Electronics" vision. We see ourselves not only as a provider of technology, but also as a trailblazer for a more sustainable lifestyle. 8 Strategy Environment Social Governance Back to index Corporate strategy Our strategic pillars Shopping Experience is characterised by an outs- tanding product range, excel- lent service and personal Usage Experience Employee Experience advice on all shopping chan- is our definition of standards nels - before, during and af- for the use of products that stands for the strength of our ter the purchase. go significant beyond pur- employees. They offer perso- chase - with complementary nalised service on all channels service offerings throughout - with the human touch. the entire life cycle. Impact Experience anchors sustainability as a central component of our corporate strategy. We are making our own business activities more sustainable and enabling our customers to lead a more conscious lifestyle. 9 Strategy Environment Social Governance Back to index Sustainability strategy Impact Experience - Responsibility and growth The "Impact Experience" forms is one of the four cornerstones of our corporate strategy and emphasises our commitment to thinking sustainability and technology together. Through more sustainable products, resource- saving services and expert advice, we help our customers to lead a more sustainable life. We are driving forward an ambitious sustainability strategy that combines responsibility and growth. We have set ourselves clear targets for reducing greenhouse gas emissions and conserving resources. In doing so, we go beyond the minimum legal requirements and establish higher standards for all our business activities. We want to characterise conscious and sustainable management and be a role model for our industry sector. We see sustainability not as an obligation, but as an opportunity. This is also reflected in our consistent ESG transparency. 10 Attachments Original document Permalink Disclaimer CECONOMY AG published this content on February 20, 2025 , and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 20, 2025 at 08:14:02.634 . Sustainability Report 2023/24 Foreword by the Executive Board Our Commitment With more than two billion customer contacts every year, we are aware of our responsibility to implement sustainable business practices, including with regard to our cus- tomers' purchasing and usage behaviour. At the same time, we shape the working environment of our approximately 50,000 employees throughout Europe. We are using this far-reaching impact in a targeted manner to pave the way for a more sustainable future. For us, sustainability is not just a buzzword, but an urgent requirement of the hour. It is clear that t