Preamble
This report has been prepared using the European Sustainability Reporting Standards (ESRS) as a reporting reference, although the company is not legally required to report under the **Corporate Sustainability Reporting Directive (**CSRD) at the time of publication. This approach has been chosen to ensure alignment with European regulatory requirements and allow to enhance comparability with other undertakings and insights into Siegwerk’s sustainability impact through transparency.
The primary users of this report are our up- and down-stream value chain partners, especially customers and direct suppliers. In addition, the users of the financial statements, in particular banks and other creditors and where applicable the other users of general-purpose sustainability statements.
This Sustainability Report has been prepared in accordance with the objectives and principles set out in ESRS 1 and aims to provide relevant, faithful, and comparable sustainability information.
The purpose of this report is to enable users to assess:
- how sustainability‑related impacts, risks and opportunities relate to the company’s activities, business model, and value chain;
- how these impacts, risks and opportunities affect, or may reasonably be expected to affect, the company’s financial position, financial performance and future development; and
- how sustainability matters are identified, assessed and managed through the company’s governance, strategy, policies, actions, metrics and targets.
In line with ESRS 1, this report’s focus lies on material topics, as determined through a double materiality assessment (DMA) covering both impact materiality and financial materiality. For each material topic, the report provides disclosures that allow users to understand the nature, scale, and likelihood of the related impacts, risks and opportunities, as well as the company’s approach to managing them.
This report also includes supplementary information on topics that are non-material from an ESRS perspective but were chosen for disclosure as part of basic operational principles. These are marked in the report accordingly. For each material topic, the report provides disclosures that allow users to understand the nature, scale, and likelihood of the related impacts, risks and opportunities, as well as the company’s approach to managing them.
This report also includes supplementary information on topics that are non-material from an ESRS perspective but were chosen to disclose as part of basic operational principles. These are marked in the report accordingly.
The report has been prepared in accordance with the qualitative characteristics of information defined in ESRS 1, including relevance, faithful representation, comparability, verifiability, and understandability. Where limitations in data availability or maturity exist, these are disclosed transparently. Sustainability reporting is recognized as an evolving practice, and the company will continue to improve the quality and completeness of its disclosures over time.
Unless otherwise indicated, references in this report to ‘Siegwerk’, ‘the Company’, ‘the Group’, or ‘we’ refer collectively to Siegwerk Druckfarben GmbH & Co. KG AG & Co. KGaA and its consolidated subsidiaries.”