To ensure that we are focusing on the right topics, we conducted a materiality analysis in 2021. This helped us identify the areas with the greatest need for action. Based on this, we defined the following four priority topics:
In 2024 we updated this analysis – for the first time as a double materiality assessment in accordance with the European Sustainability Reporting Standards (ESRS). This confirmed our existing focus areas and further refined them in several aspects. The resulting material topics include climate change, resource use and circular economy, own workforce as well as workers in the value chain and business conduct.
The Sustainability Department coordinates sustainability management across the Coroplast Group. Working closely with the business units, functional departments, and sites, it develops initiatives, oversees their implementation, and drives the ongoing development of the Group's sustainability strategy. Overall responsibility for the sustainability strategy rests with the Executive Management.
The Management Board decides on the group-wide sustainability strategy, sets targets and makes relevant decisions on the implementation of group-wide sustainability management.
The general managers support the coordination of sustainability issues at the locations, provide the necessary resources, participate in investment as well as cost planning and decide on the implementation of operational measures. In addition, all sites have a responsible person for ESG topics who serve as direct contact.
The external advisory board for digital transformation and sustainability supports sustainability management with input from business and science.
The Coroplast Group voluntarily reported in accordance with the German Sustainability Code (DNK) from 2021 to 2024. In 2026 and 2027, covering the reporting years 2025 and 2026, we will prepare our sustainability report based on the Voluntary Sustainability Reporting Standard for SMEs (VSME).
Starting with the 2027 financial year, our reporting will be mandatory in accordance with the Corporate Sustainability Reporting Directive (CSRD) of the European Union, based on the European Sustainability Reporting Standards (ESRS).