Śnieżka enters 2023 with the Śnieżka 2023+ Sustainable Development Strategy, which is a response to the growing awareness and expectations of consumers and business partners. As part of it, a total of 21 strategic and 71 operational objectives were set for actions within the ESG areas. They are focused on three pillars – Environment, People and Business.
The “Environment” pillar primarily assumes an increase in the value of sales of products with a low environmental impact to 50% by 2030. This objective will be achieved owing to the development of the product portfolio and the acquisition of additional product certificates. Śnieżka also intends to optimize the consumption of resources, including the reducing of industrial water use in one of the key production plants of the company by 10% – as a result of implementing a new technology for cleaning equipment and installations. Śnieżka’s strategic assumptions include also: measurement of the Group’s carbon footprint in all three scopes based on the GHG Protocol (Greenhouse Gas Protocol) standard. In pursuit of this objective, the Śnieka Group’s carbon footprint was already specified in the report for 2022 within scope 1, 2 and 3. The company is currently working on reduction targets. Śnieżka SA will also commence the transformation towards its own green energy sources. The first photovoltaic system is to cover approximately 30% of Śnieka’s annual energy demand as early as 2025. The undertaking will start this year and most of Śnieżka’s yearly investment budget will be allocated to it.
As for the “People” pillar the objectives include: maintaining comparability of salaries of women and men holding similar positions (adjusted pay gap below 5%) and increasing the number of training hours per employee. Śnieżka also focuses on a safe working environment, therefore it intends to conduct additional first aid and defibrillator training in 2023, with which it plans to equip all its facilities in the Sub-Carpathian region. Further development of CSR activities was also adopted under the “People” pillar.
Among the business priority areas defined in the “Business” pillar, there are, inter alia: further attention to compliance, development and education in the field of cybersecurity and the development of a new risk matrix – taking into account climate risk.
“We have been carefully preparing to announce our first ESG strategy. We analysed our business model, collected opinions from several hundred of our stakeholders, and engaged dozens of Śnieżka managers and experts in the work on the document. As a result, we have developed a materiality matrix, and our sustainable development strategy focuses on actual challenges and opportunities that we will use in activities based on the idea of sustainable development – says Piotr Mikrut
The Sustainable Development Strategy was developed for FFiL Śnieżka SA (parent company) and Śnieżka Trade of Colours Sp. z o. o. Ultimately, it will cover the entire Capital Group.