Annual Report 2023

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GRI Standard Content Index

GRI 1 Used

GRI standard and disclosure Location in annual report

GRI: Principles 2021

GRI 2: General Disclosures

GRI 2.1 The Organization and its Reporting Profile

GRI standard and disclosure Location in annual report

2-1

Organizational details

Landing Page

Management Report > Value Creation

2-2

Entities included in the organization's sustainability reporting

Shareholdings

2-3

Reporting period, frequency and contact point

Landing Page

2-5

External assurance

Limited Assurance Report of the Independent Auditor Regarding the Combined Non-financial Statement

GRI 2.2 Activities and Workers

GRI standard and disclosure Location in annual report

2-6

Activities, value chain and other business relationships

Value Creation

Global Brands

Global Operations

2-7

Employees

Our People

2-8

Workers who are not employees

Our People > Creating a Premier Employee Experience

Sustainability > Social Impacts > Supply Chain

GRI 2.3 Governance

GRI standard and disclosure Location in annual report

2-9

Goverance structure and composition

Declaration on Corporate Governace

2-10

Nomination and selection of the highest governance body

Declaration on Corporate Governace

2-11

Chair of the highest governance body

Declaration on Corporate Governace

2-12

Role of the highest governance body in overseeing the management of impacts

Declaration on Corporate Governace

2-13

Delegation of responsibility for managing impacts

Declaration on Corporate Governace

2-14

Role of the highest governance body in sustainability reporting

Declaration on Corporate Governace

2-15

Conflicts of interests

Declaration on Corporate Governace

2-16

Communication of critical concerns

Declaration on Corporate Governace

2-17

Collective knowledge of the highest governance body

Declaration on Corporate Governace

2-18

Evaluation of the performance of the highest governance body

Declaration on Corporate Governace

2-19

Remuneration policies

Declaration on Corporate Governace

2-20

Process to determine remuneration

Declaration on Corporate Governace

GRI 2.4 Strategy, Policy, Practices

GRI standard and disclosure Location in annual report

2-22

Statement on sustainable development strategy

Interview with our CEO

2-23

Policy commitments

Sustainability > Social Impacts > Human Rights

Sustainability > Social Impacts > Supply Chain

2-24

Embedding policy commitments

Sustainability > Social Impacts

Risk and Opportunity Report

2-25

Processes to remediate negative impacts

Sustainability > Social Impacts > Human Rights

2-26

Mechanisms for seeking advice and raising concerns

Risk and Opportunity Report

Sustainability > Social Impacts > Supply Chain

2-27

Compliance with laws and regulations

Risk and Opportunity Report

2-28

Membership associations

Sustainability > Stakeholder Engagement

GRI 2.5 Stakeholder Engagement

GRI standard and disclosure Location in annual report

2-29

Approach to stakeholder engagement

Sustainability > Stakeholder Engagement

GRI 3: Material Topics

GRI standard and disclosure Location in annual report

3-1

Process to determine material topics

Sustainability > Materiality

3-2

List of material topics

Non-Financial Statement

3-3

Management of material topics

Sustainability > Materiality

GRI 201: Economic Performance

GRI standard and disclosure Location in annual report

201-1

Direct economic value generated and distributed

Business Performance

201-2

Financial implications and other risks and opportunities due to climate change

Risk and Opportunity Report

201-3

Defined benefit plan obligations and other retirement plans

Consolidated Financial Statements

GRI 205: Anti-Corruption

GRI standard and disclosure Location in annual report

205-2

Communication and training about anti-corruption policies and procedures

Risk and Opportunity Report

205-3

Confirmed incidents of corruption and actions taken

Risk and Opportunity Report

GRI 206: Anti-Competitive Behavior

GRI standard and disclosure Location in annual report

206-1

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

Risk and Opportunity Report

GRI 207: Tax

GRI standard and disclosure Location in annual report

207-1

Approach to tax

Sustainability > Sustainable Finance

207-2

Tax governance, control, and risk management

Sustainability > Sustainable Finance

207-3

Stakeholder engagement and management of concerns related to tax

Sustainability > Sustainable Finance

GRI 301: Materials

GRI standard and disclosure Location in annual report

301-1

Materials used by weight or volume

Sustainability > Environmental Impacts > Materials

301-2

Recycled input materials used

Sustainability > Environmental Impacts > Materials

301-3

Reclaimed products and their packaging materials

Sustainability > Environmental Impacts > Materials

GRI 302: Energy

GRI standard and disclosure Location in annual report

302-1

Energy consumption within the organization

Sustainability > Environmental Impacts > Decarbonization

302-2

Energy consumption outside of the organization

Sustainability > Environmental Impacts > Decarbonization

302-4

Reduction of energy consumption

Sustainability > Environmental Impacts > Decarbonization

302-5

Reductions in energy consumptions of products and services

Sustainability > Environmental Impacts > Decarbonization

GRI 303: Water and Effluents

GRI standard and disclosure Location in annual report

303-1

Interactions with water as a shared resource

Sustainability > Environmental Impacts > Water Efficiency

303-2

Management of water discharge-related impacts

Sustainability > Environmental Impacts > Water Efficiency

303-5

Water consumption

Sustainability > Environmental Impacts > Water Efficiency

GRI 304: Biodiversity

GRI standard and disclosure Location in annual report

304-1

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

Sustainability > Environmental Impacts > Biodiversity

GRI 305: Emissions

GRI standard and disclosure Location in annual report

305-1

Direct (scope 1) GHG emissions

Sustainability > Environmental Impacts > Decarbonization

305-2

Energy indirect (scope 2) GHG emissions

Sustainability > Environmental Impacts > Decarbonization

305-3

Other indirect (scope 3) GHG emissions

Sustainability > Environmental Impacts > Decarbonization

305-4

GHG emission intensity

Sustainability > Environmental Impacts > Decarbonization

305-5

Reduction of GHG emissions

Sustainability > Environmental Impacts > Decarbonization

GRI 306: Waste

GRI standard and disclosure Location in annual report

306-1

Waste generation and significant waste-related impacts

Sustainabiliy > Environmental Impacts > Waste Management

306-2

Management of significant waste-related impacts

Sustainabiliy > Environmental Impacts > Waste Management

306-3

Waste generated

Sustainabiliy > Environmental Impacts > Waste Management

306-4

Waste diverted from disposal

Sustainabiliy > Environmental Impacts > Waste Management

306-5

Waste directed to disposal

Sustainabiliy > Environmental Impacts > Waste Management

GRI 308: Supplier Environmental Assessment

GRI standard and disclosure Location in annual report

308-1

New suppliers that were screened using environmental criteria

Sustainability > Social Impacts > Supply Chain

308-2

Negative environmental impacts in the supply chain and actions taken

Sustainability > Social Impacts > Supply Chain

GRI 401: Employement

GRI standard and disclosure Location in annual report

401-1

New employee hires and employee turnover

Our People > Attracting Key Talent

401-2

Benefits sprovided to full-time employees that are not provided to temporary or part-time emplyoees

Our People > Creating a Premier Employee Experience

401-3

Parental leave

Our People > Creating a Premier Employee Experience

GRI 403: Occupational Health and Safety

GRI standard and disclosure Location in annual report

403-2

Hazard identification, risk assessment, and incident investigation

Our People > Creating a Premier Employee Experience

Sustainability > Social Impacts >Supply Chain

403-5

Worker training on occuaptional health and safety

Our People > Creating a Premier Employee Experience

403-6

Promotion of worker health

Our People > Creating a Premier Employee Experience

403-9

Work-related injuries

Our People > Creating a Premier Employee Experience

403-10

Work-related ill health

Our People > Creating a Premier Employee Experience

GRI 404: Training and Education

GRI standard and disclosure Location in annual report

404-2

Programs for upgrading employee skills and transition assistance programs

Our People > Instilling a mindset of continuous learning

404-3

Percentage of employees receveing regular performance and career development reviews

Our People > Rewarding individual and team performance

GRI 405: Diversity and Equal Opportunity

GRI standard and disclosure Location in annual report

405-1

Diversity of governance bodies and employees

Our People > Embedding Diversity, Equity, and Inclusion in our Culture

GRI 406: Non-Discrimination

GRI standard and disclosure Location in annual report

406-1

Incidents of discrimination and corrective actions taken

Risk and Opportunity Report

GRI 407: Freedom of Assocation and Collective Bargaining

GRI standard and disclosure Location in annual report

407-1

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

Sustainability > Social Impacts > Supply Chain

GRI 408: Child Labor

GRI standard and disclosure Location in annual report

408-1

Operations and suppliers at significant risk for incidents of child labor

Sustainability > Social Impacts > Supply Chain

GRI 409: Forced or Compulsory Labor

GRI standard and disclosure Location in annual report

409-1

Operations and suppliers at significant risk for incidents of forced or compulsory labor

Sustainability > Social Impacts > Supply Chain

GRI 410: Security Practices

GRI standard and disclosure Location in annual report

410-1

Security personnel trained in human rights policies or procedures

Sustainability > Social Impacts > Human Rights

GRI 414: Supplier Social Assessment

GRI standard and disclosure Location in annual report

414-1

New suppliers that were screened using social criteria

Sustainability > Social Impacts > Supply Chain

414-2

Negative social impacts in the supply chain and actions taken

Sustainability > Social Impacts > Supply Chain

GRI 416: Customer Health and Safety

GRI standard and disclosure Location in annual report

416-2

Incidents of non-compliance concerning the health and safety impacts of products and services

Sustainability > Environmental Impacts > Product Safety