Sustainability within our corporate strategy
Komplett Group aims to be the preferred choice of customers, suppliers and employees, laying the foundation for our financial and ESG targets. Our strategy to achieve this is based on five pillars, one of which is sustainability.
UN Sustainability Goals
The Komplett Group's commitment to sustainability is deeply embedded in our vision, strategy and operations. By reporting on our progress within the framework of the UN Sustainability Development Goals (the SDGs), the group supports a global effort for sustainable development. We believe the focus on our own sustainability goals guide us to make a positive impact for our environment and society, and for sustaining business.
Our alignment to the UN SDGs is focused on where we can deliver meaningful actions and have the greatest positive impact.
These six SDGs have been identified as the core SDGs where Komplett Group has the most potential to influence and add value. We have also set measureable targets for these SDGs.
Stakeholder engagement
We aim for a continuous, active, and open dialogue with our stakeholders and regularly seek external views on our operations. We follow the business environment actively and engage with relevant stakeholder groups. We also involve our stakeholders in our materiality assessment process to seek their views on the topics. Active engagement is essential throughout our value chain and in the collaboration with suppliers and non-governmental organisations.
Our stakeholders comprise B2C and B2B customers, employees and management, suppliers, government/regulators, financial institutions, shareholders/investors, nature (silent stakeholder), NGOs and experts. The aim of stakeholder dialogue is to continually gather our stakeholders’ views on the sustainability topics that they consider material.
Read more about our stakeholder dialogue in our Sustainability Report.
Our materiality assessment
Our work on ESG only has meaning and impact if it focuses on addressing the issues that matter the most. Engaging our stakeholders in the process of defining our priorities is key to our approach to sustainability. In 2023, we conducted a double materiality assessment aligned with ESRS. This assessment resulted in the identification of seven material topics and fourteen sub-topics for the group. These are our material topics and how we understand them:
Our commitments
In 2023, we renewed our materiality assessment to prioritise which sustainability topics matter the most, both to us and to our stakeholders. The outcome is a renewed sustainability strategy that will accelerate our activities towards a resilient and sustainable business. We have defined three strategic focus areas to bring us closer to our vision of being ‘the obvious choice’ for customers, suppliers, employees and society. These are:
- We aim to have a circular business model
- We aim to be climate neutral
- We aim to be an attractive and inclusive employer
1. Circular business model
We are determined to contribute in the transition to a circular economy and we want to do this by making sure that at least 15% of Komplett Group’s revenues comes from circular products or services by 2028.
2. Climate neutral
We will reduce climate impact from the whole value chain and aim to reduce emissions in line with the Paris Agreement (1.5 degree scenario). This means that we will reduce Scope 1 and 2 emissions with 42% by 2030, compared to 2022 baseline and achieve net zero emissions by 2040.
3. Attractive and inclusive employer
Our employees are one of our most important assets. Komplett Group aims to be an inclusive and attractive employer that attracts and retain talent and have a positive impact on society. Our goal is to have the industry leading employee temperature, and gender balance in leading positions.
