SUSTAINABILITY STRATEGY 2023 To create and capture new value and drive not only production but also consumption towards sustainability, we are embedding sustainability into our core operations and making focused organisational changes. Moreover, we are embedding sustainability into every aspect of our organisational structure and culture. The new IDEAL OF SWEDEN sustainability strategy covers four focus areas: People, Product, Climate and Compliance. Each pillar is supported by company-wide policies and initiatives.
goals relevant to the ever-changing world. Some of the set objectives will be continuously evolving, some will be met by 2023 and new objectives might be added along the way. The initiative progress will be measured against our set targets and KPI and shall be overseen through our internal governance mechanisms. We plan to communicate our progress against set objectives annually in our sustainability report and on our website.
The aspirational objectives, commitments and targets we have set under the focus areas were designed to continually challenge us and keep our
IDEAL OF SWEDEN’s corporate responsibility efforts, also aim to support the 2030 Agenda for Sustainable Development, adopted by all United Nations Member states in 2015. At the heart of the agenda are the 17 Sustainable Development Goals (SDGs) - independent yet interconnected and designed to steer governments and businesses towards a more sustainable future for people and the planet.
18
Our latest materiality analysis that highlights the most significant sustainability topics for our internal and external stakeholders was used to select the SDGs to which IDEAL OF SWEDEN will contribute through our in-detail designed initiatives. Our contribution corresponds to the following goals: See detailed information of our contribution to the SDGs in Appendix 3.