NWG // SUSTAINABILITY STATEMENT
support operations and meet customer needs. Further information is provided in section S1 Own workforce.
The Group ' s outflows are mainly comprises of products made available to the Group’ s customers. For investors the main outflow consists of the financial return generated.
The main upstream actors in the Group’ s value chain are the suppliers responsible for manufacturing the Group’ s products. The primary downstream actors in the Group’ s value chain include the Group’ s own distribution channels as well as the customers who purchase the Group’ s products.
New Wave Group’ s own operations as shown in green background. The majority of the production are conducted by external suppliers, with some internal production in the Groups own companies.
Create |
Manufacture External suppliers |
Manufacture Own production |
Transport Market Sale Deliver Use Waste |
|
- Design and product development
- Material choice
- Product quality and lifespan
- Supplier relations
|
- Raw material
- Environmental impact
- Energy use
- Working conditions and human rights
- Water use and biodiversity
|
- Raw material
- Environmental impact
- Energy use
- Working conditions and human rights
|
- Modes of transport
- Cleaner fuels
- Improved vessels
- Capacity utilization
|
- More sustainable offerings
- Environmental labels and product certifications
- Product – and customer information
|
- Customer relations
- Employeeengagement
|
- Efficient transport
- Delivery quality
- Climate and environmental impact
- Safety
|
- Product and customer information
- Re-use
- Recycling
|
- Wastemanagement |
Products with sustainability attributes In New Wave Groups CSR and environmental policy, presented under E1-2: Policies related to climate change mitigation and adaptation, it is stated that the Group shall work towards the use of more preferred materials and / or smarter manufacturing processes. New Wave Group has chosen to measure this through an internal indicator, " Products with sustainability attributes ". The indicator does not meet the definition of a target according to ESRS but serves as a central monitoring parameter within the Group’ s sustainability strategy and is therefore reported in this context.
The indicator covers the Group’ s own operations but has implications for both upstream and downstream value chain. The indicator is voluntary and is not required under legislation. Its purpose is to reduce environmental impact, improve resource efficiency, and promote the use of recycled and more sustainable materials. This is linked to several identified material impacts, risks, and opportunities across multiple topical ESRS standards:
ESRS
Material impacts, risks and opportunities related to the indicator” Products with sustainability attributes”
Comments
E1 |
Impact – Climate impact from production |
More preferred fibers and materials provide reduced impacts and |
|
|
increased benefits for the climate, nature, and people compared with |
|
|
conventional alternatives. |
E1 / E5 |
Risk / Opportunity – Shift in markets and technology |
An increasing share of products with sustainability attributes to address |
|
|
shifting customer preferences and behaviors. |
E1 / E5 |
Risk / Opportunity – The Group’ s reputation |
An increasing share of products with sustainability attributes to support |
|
|
how the Group and its brands are perceived. |
E2 |
Impact – Chemicals used in the production of textiles and other products |
Certifications that cover chemicals used in both production processes and |
|
|
products, thereby limiting pollutions to water and soil while also ensuring |
E2 |
Impact – Chemical pollution to water and soil |
compliance with chemical requirements. |
E2 Risk – Compliance with chemical requirements
ANNUAL REPORT // 039