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Sustainability Strategy

Empowering
tomorrow

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Fourlis Group

Sustainability Strategy and Policy

Committed to the future

Sustainability is a key pillar of Fourlis group's strategy. The group is committed to operating responsibly and with respect for the environment, the societies in which it operates and its people.

Through innovative practices and sustainable initiatives, it seeks to reduce its environmental footprint and promote sustainability in every aspect of its operation. Its aim is to continue dynamically, contributing actively and substantially to the formulation and implementation of the Sustainable Development and Social Responsibility strategy, as an integral part of its corporate culture.

Since 2008, Fourlis group has been a signatory to the United Nations Global Compact and is committed to adopting, supporting and promoting, through its business activity, its 10 Principles. The group informs its stakeholders about the ongoing work in the field of Sustainable Development by publishing an annual Report in accordance with the European Sustainability Reporting Standards (ESRS).

Sustainable Development Strategy

Innovate for impact

Sustainable development has been integrated into the group's business strategy. The Sustainable Development and Social Responsibility Department designs the group's Sustainable Development strategy and implements and monitors its implementation as well as the implementation of the relevant policies, procedures, practices and programs and coordinates the group's companies in initiatives and actions in the field of Sustainable Development.

Fourlis group carries out a double materiality analysis, in the context of the continuous improvement of its approach to sustainable development and social responsibility issues. For the issues that arise, it applies a due diligence process that determines the group's assessment of the significant impacts, risks and opportunities. In addition, it designs the sustainability strategy (commitments, objectives, actions and programs) in collaboration with representatives of its subsidiaries.

Through its responsible operation, programs and actions, the group also contributes to the achievement of the UN Sustainable Development Goals (SDGs). The Management is committed to the implementation of the Sustainable Development Strategy and Policy, at all levels, companies and sectors of the group's activity.

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Sustainable Development Strategy

ESG pillars

In this context, Fourlis group integrates Environmental, Social, and Governance (ESG) principles across its operations to promote long-term, responsible growth.

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In terms of Environmental responsibility, the group adopts sustainable practices and invests in technologies that reduce its environmental footprint. Key actions include efficient energy use, greenhouse gas emission reductions, water saving, recycling, and offering sustainable products. Climate-related risks are regularly evaluated, and annual sustainability goals are set and revised to ensure continuous improvement, while environmental awareness is promoted among employees, customers, and the wider public.

In the Social responsibility front, the group supports its workforce by fostering an inclusive, innovative, and safe environment, respecting human rights, and promoting equal opportunities. It also strengthens local communities through initiatives in education, health, and social cohesion, while ensuring consumer safety and data protection.

In terms of Governance, the group seeks sustainable financial growth through strategic investments and transparent relationships with suppliers. Business ethics, corporate integrity, and best practices in governance are central, with comprehensive policies and systems ensuring accountability, compliance, and the safeguarding of stakeholder interests.

Sustainability

Sustainable Development Strategy

Sustainability Committee

Sustainable Development Strategy and Policy

The Group Sustainability Committee is composed of executive and independent non-executive members of the Board of Directors. The Group Sustainability Committee is chaired by the Director of Sustainable Development and Social Responsibility, an executive member of the Board of Directors. The short-term, medium-term and long-term sustainable development business and investment plans, objectives, the assessment of relevant risks and opportunities and the annual action plans are assessed and approved by the Group Board of Directors upon the recommendation of the Sustainability Committee.

ESG KPIs

Our ESG performance in numbers

Discover our impact in number across the pillars of our ESG strategy.

ESG KPIs