New Wave Group AB Annual_report_2018_EN_HQ

w stainab a su le s gr d r o a CSR NWG // CSR and Sustainability New Wave Group believes in sustainable growth. It is important for us to adapt business solutions that are financially profitable, but also sustainable from a social and environmental perspective. T he objectives are to maximize our contribution to globally agreed goals for sustainable development, create long-term value for the company and at the same time take stakeholders’ expecta- tions into account. The work includes, amongst several things, to improve working conditions in the supply chain, cutting emissions of green-house gases and introducing organic and eco-friendly materials. Another important aspect is also to actively spread knowledge and raise awareness about sustainable consumption and sustainability aspects in the production of textiles and other goods. In this way, the Group can contribute to global goals for sustain- able development while ensuring a good dialogue with customers and other stakeholders. Risks are an inescapable part of New Wave Group’s mission. Constant adjust- ments are required to meet the customers’ growing demands for transparency and sustainability, as well as changes in legis- lation. Our ambition is to constantly be at the forefront and what makes the biggest difference is how we operate our daily business. Therefore, we have identified three focus areas which we believe are the most important in order for New Wave Group to integrate sustainability with 036 // ANNUAL REPORT our core business: sustainable products, sustainable production and sustainable distribution. Sustainability report This is the second year New Wave Group issues a Sustainability Report. Here we provide a comprehensive picture of how New Wave Group works with sustaina- bility and highlight our accomplishments – but also reflect on how we can improve. In this year’s report we have taken the next step and have put our sustain- ability efforts in a broader context within the framework of the 17 global sustain- ability goals. As in previous year, we have chosen to report with support from GRI Standards, Global Reporting Initiative’s latest guidelines. Highlights 2018 Heavy reduction of emissions from transport as a result of less number of shipments with improved fill rate. Our eco-labeled brand Cottover has continued to show a good sales trend. In addition, we continue to increase the amount of products coming from sustain- able sources. Continued increase of supp- liers in risk countries evaluated by independent third party against our Code of Conduct. For 2018, factories that stand for approximately 92 % of the total purchasing volume through our buying offices have valid audit reports from amfori BSCI or equal third party monitoring system. We have continued our efforts on communication and education. For example, the majority of the employees within the Group have completed an online training on CSR and Sustainability and how New Wave Group works with the questions. In the spring of 2018, we also had a successful lecture series, “CSR Tuesdays with New Wave Group”, for retailers and employees within the Group. In May 2018, the Kosta Safari Park opened, which enables many smart sustainability solutions for the Kosta destination such as reduced food waste from Kosta’s restaurants and locally produced and climate-smart raw materials. Read Read more about how New Wave Group works with CSR and sustainability in the separate Sustainability Report, available on www.nwg.se.

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