Our view of Sustainability
Sustainability is a central part of our vision to improve people's life, and therefore also an integral part of the business and central to our long-term strategy. We are committed to make a positive impact on the world through our products and services.
Each subsidiary is responsible for its own business activities within the context of growth, profitability and sustainable development as set by the Group. Our decentralized model, with approximately 85 operating entities, more than 4,000 product suppliers and substantially more product categories, is complex. Local responsibility and entrepreneurship, combined with a wide range of company sizes makes it challenging to have a "one size fits all" model. Thus, rather than having an independent sustainability function, our sustainability approach is integrated across the different group elements and needs to be adapted on a case-by-case basis.
Based on our value chain and stakeholder dialogues, we have identified three impact areas where we can have the greatest contribution to a long-term lasting business and society. We have also identified specific targets and KPIs connected to these areas.