Calculator provided by the Supply Chain Sustainability School. This analysis showed that 97% of the company’s total carbon emissions originate from materials usage. The remaining 3% come mainly from factory operation and transportation. These results demonstrated the importance of engagement with our suppliers and the availability of low-carbon raw materials in the market to achieve carbon footprint reductions in the end-product. Additionally, in 2022 we were actively involved in CWCT sustainability workstreams dedicated to establishing industry standards for embodied carbon calculation and using Environmental Product Declarations. 05 Sustainable Organisation We foster a sustainability mindset within our employees and cascade sustainability objectives into the organisation. In 2022, to accelerate implementation of our sustainability strategy, we formed a Sustainability Committee consisting of 16 members representing each division in the company. This way, each division started to own and report on sustainability objectives to the Sustainability Lead. The Sustainability Committee works in an agile way and meets on a bi-weekly basis to discuss the progress of sustainability-related initiatives, resolve issues and define next steps. The Sustainability Committee is governed by the Steering Committee that consists of the representatives from the Board of Directors. Consistent financial performance in the past years is the foundation for the Group’s sustainable work. Our revenues have increased significantly over the past year, driven by our successful efforts to expand our customer base and increase sales. In addition, we have carefully managed our expenses and invested in strategic initiatives that have helped us improve our operations and drive further growth. We are confident that this success will continue into the future for several reasons. First, we have a clear and focused strategy that guides our decision-making and helps us stay aligned with our goals. Second, we have a talented and dedicated team of employees who are committed to delivering high-quality products and services to our customers. Finally, we have a strong financial foundation that allows us to weather market fluctuations and invest in long-term growth. In summary, we are proud of our consistent financial performance over the past year, and we believe that this success is sustainable due to our clear strategy, talented team, and strong financial foundation. We look forward to continuing to deliver value to our customers and shareholders in the years ahead. specifications (the R&D section of this report provides more information on these). In 2022, we extended our R&D activities to embed circular economy principles into our façade design. We conducted a disassembly exercise of a unitized façade system in a sequence based on the component’s lifetime. During this exercise we identified critical system components in terms of accessibility and potential for replacement or reuse. Then, in collaboration with the Dutch façade consultants Frontwise, we determined the disassembly rating of a state-of-the- art unitized façade system to quantify the impact of design changes on the overall disassembly potential. The results of this exercise are being used to develop the next generation of low-carbon R&D systems that take into consideration disassembly and reuse criteria. 04 Climate Protection As an end-to-end façade contractor, we are in a strong position to minimise the carbon footprint of our own operations, and of each project we work on. We thoroughly assess the entire life cycle of the products we produce, a process which begins with the purchasing of raw materials and runs all the way to the end-of-life phase of every façade. In 2022, we estimated our value chain’s carbon footprint using the Carbon 18 Corporate Sustainability Go to contents