Sustainability at Blum Our proactive sustainability strategy At Blum, we believe that it is vital to conserve our natural resources for future generations. We also believe that sustainable business practices are only possible if we strike the right balance between economic, environmental and social factors. This holistic approach is central to our sustainability agenda, which forms a core component of our overall business strategy. Our business strategy defines our company’s values, business direction and purpose and sets out strategies for each area of our business. In line with this company philosophy, our sustainability strategy defines our long-term vision for how we as a business intend to contribute to the UN’s 17 Sustainable Development Goals (SDGs), including in our everyday operations. ➔ GRI 2-22 High quality standards Our core business is to produce high-quality, highly functional and user-friendly products that are built to last. In doing so, we seek to use resources carefully and avoid any damaging impacts on the environment. Trusted partner We show respect towards the people and organisations with which we are associated. The health and safety of those around us is of utmost importance to us. Innovation for the long-term By thinking long-term, we can develop innovative ideas for new products, services and business models. If these ideas prove to be feasible and profitable, then we look to incorporate them into our investment decisions. Committed to sustainability We are committed to responsible growth. Ecological and social sustainability are just as important to us as the financial health of our company, and this belief is reflected in our investment decisions. Source: Excerpt from Blum business strategy 20 © Copyright by Blum
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