NWG // SUSTAINABILITY STATEMENT
E2-4, E2-5: Metrics related to pollution New Wave Group’ s main environmental impact from pollution arises primarily in the producing parts of the value chain rather than in its own limited production. The Group’ s own operations therefore constitute only a small share of the total potential pollution and are not considered material in relation to the Group’ s overall environmental impact. In view of this, the Group does not report metrics related to pollution emissions originating directly from its own operations but instead focuses on the parts of the value chain where emissions are most significant.
E3 Water and marine resources
New Wave Group has identified the following material impacts, risks and opportunities related to water and marine resources *:
Disclosure requirements related to the general management of impacts, risks and opportunities are addressed in the introductory chapter ESRS 2 General Disclosures, under section IRO 1: Description of the processes to identify and assess material climate related impacts, risks and opportunities. The management of impacts, risks and opportunities related to water and marine resources has followed a similar approach.
Material impacts, risks and opportunities related to marine resources |
Related policy considering the management of material impacts, risks and opportunities associated with marine resources |
The policy is described in detail in the relevant section of this report |
Key activities |
Impact – Water usage CSR and Environmental policy:
- Under the section reduced climate impact – emissions, water, biodiversity, climate impacts from production are considered, including water use within the textile value chain.
- Under the section progressive chemical management, chemicals used in the production of textiles and other products are considered, with a focus on phasing out substances suspected of having hazardous properties and substituting chemicals with better alternatives, which helps prevent pollution of water resources.
- Under the section preferred fibers and materials, more sustainable production technologies that require less water are included, such as solution dyed polyester.
Adopted supplier Codes of Conduct( Amfori)
- Principles for exercising due diligence with respect to human rights and environmental protection in global supply chains. These include, among other aspects, requirements for effective management practices related to energy use, emissions and pollution, which contribute to prevent releases to water and soil.
Supplier Handbook
- Instructions and requirements for manufacturing suppliers. These include, among other aspects, requirements for suppliers and subcontractors regarding information on origin, reference to codes of conduct, compliance with the Restricted Substance List, water management requirements, quality standards and testing manuals.
Risk – Physical risks CSR and Environmental policy:- Central to the sustainability strategy and business development, and therefore indirectly considers material risks and opportunities.
Risk policy- Considers the Group’ s risk management
E1 page 60
E1 / S2 page 60 / 83
E1 page 60
E1 page 60
S1 / G1 page 78 / 89
Water purification as a supplier requirement.
Supplier audits conducted under the Amfori BSCI and BEPI frameworks, which include water management.
Increase the share of products manufactured using methods that reduce water consumption.
See also the key activities presented under E1 Climate Change.
* Further information can be found in chapter ESRS 2 General Disclosures under section SBM 3: Material impacts, risks and opportunities and their interaction with strategy and business model.
A separate methodology for water and marine resources has not yet been developed. Therefore, screening, site level assessments and consultations specifically related to water and marine resources have not been carried out. The reporting covers only those elements that can be assessed using the existing overarching methodology.
E3-1: Policies related to water and marine resources The New Wave Group CSR and Environmental policy outline the Group’ s commitments to social and environmental responsibility. The policy manages material impacts related to water resources and marine resources by focusing on water consumption and the reduction of chemical emissions across the value chain. It also considers the introduction of more sustainable materials and technologies, which indirectly encompasses water management and chemical use. The policy does not specifically address product design with respect to developing products intended to mitigate water related impacts or preserve marine resources. A more detailed description of the policy is provided under E1-2: Policies related to climate change mitigation and adaptation.
New Wave Group actively informs its suppliers regarding the Group’ s commitments as a part of the commercial agreements. Key instructions and requirements for suppliers can be
070 // ANNUAL REPORT