Long marathon...
In the Sustainability Report 2021, Raben Group presents long-term actions in the areas of ethics, risk management, information security, service quality, innovation, carbon footprint reduction, efficient transport and waste management, employee development projects, safety culture, supply chain, responsibility for local communities, to name just a few. There was also room for one-off projects, which we very important as they determine the functioning of the company in the coming years.
The 2025 Sustainability Strategy has taken on its final form and has subsequently become our road map that sets concrete and precise goals in all the important and relevant areas of our industry. We have begun the process of identifying Group-wide climate risks and assessing their potential impact, bearing in mind the implications of the climate crisis for our operations, in relation to new regulations and changes in risk management – said Ewelina Jabłońska-Gryżenia, Head of Sustainability in Raben Group.
... and long jump
The Power Purchase Agreement (PPA) that will provide the company with green energy in Poland between 2023 and 2029 and contribute to the construction of new photovoltaic farms in Poland, undoubtedly falls into the category of these landmark projects. The €225 million, five-year Sustainability Linked Loan (SLL) has equally high profile. Its margin depends on meeting the conditions set by the five environmental, social and governance key performance indicators for the TFL sector. For Raben Group, this is a strong motivation to reach the goals, such as reduction of emission intensity by 30% in its own facilities and by 10% in transport, increasing the share of trucks meeting the minimum Euro 5 standard in its own and subcontracted fleets to 96%, increasing the percentage of women in management positions to 34% and a steady improvement in the EcoVadis rating by 2025.