Standards and frameworks This report confirms our commitment to sustainability and has been published in preparation for meeting the requirements of the EU’s Corporate Sustainability Reporting Directive (CSRD). It has been produced in line with the reporting guidelines of the Global Reporting Initiative (GRI) and in accordance with the GRI Universal Standards 2021. These standards provide us with a foundation for comparisons and increase the credibility and transparency of the information contained in this report. To this end, a GRI content index containing a detailed list of all disclosures and references can be found at the end of the report. Moreover, we believe it is important to understand the wider context for our sustainability responsibilities and reporting. As a global company, we have therefore aligned our sustainability efforts with the UN’s Sustainable Development Goals (SDGs), further details of which can be found in the relevant chapter of this report. Contact Any questions about this report or sustainability at Blum more generally can be directed to info@blum.com. This sustainability report has not been audited by an external party, but has been approved for publication by the Management Board. ➔ GRI 2-5 Scope of reporting and contents The information contained in this report covers the eight plants operated by Julius Blum GmbH in Austria. We do not, as yet, have sufficient data for our other production sites and sales locations and therefore plan to include these in future reports. This report also focuses specifically on the sustainability topics (and relevant management strategies) identified in our materiality assessment, as recommended by the GRI. This assessment was updated with the implementation of a double materiality assessment to ensure compliance with the requirements of the upcoming CSRD and also expanded to examine our fields of action in greater depth. The structure of the report reflects these material topics and addresses each of the ESG categories – environment, social and governance – in turn. Brief overviews are provided, setting out the importance of a particular topic and the action we as a business are taking to address it. The data contained in this report covers the 2022/2023 business year, which extends from 01/07/2022 to 30/06/2023. ➔ GRI 2-2, GRI 2-3 About this report This report has been compiled for the benefit of all our stakeholders and contains detailed information about the actions we are taking as a business to make our activities more sustainable. Under the tag line ‘moving ideas for sustainability’, we are working hard to promote sustainability across our company and address all relevant environmental, economic and social factors. Central to these efforts are two key questions: 1. What progress have we made so far on our sustainability journey? 2. W hat are our biggest challenges on the road to a sustainable and, most importantly, climate-neutral future? Sustainability report 2023 4 © Copyright by Blum
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