Sustainability governance

Governance and accountability

Eurowag has a governance framework that oversees the implementation of sustainability into our business.

The Board is ultimately responsible for sustainability, and initially delegated accountability to an ESG Executive Committee. In 2024, from Q2 onwards we decided to take the next step of embedding sustainability into our operating model and governance, by integrating sustainability into the running agenda of our Executive Committee. The Executive Committee sets the strategic direction and tracks the progress of the Sustainability Action Plan, related policies and reporting, as well as monitoring relevant risks and opportunities. Sustainability features on the agenda at least once per quarter.

We have introduced a formal ESG Policy that codifies and sets out our governance and approach for integrating sustainability into our business, which is also used for monitoring and reporting on progress. We will update this policy in 2025 as part of our ongoing preparation for the CSRD. We have a Sustainability function to help ensure sustainability is embedded into every part of our decision-making processes across the Group, through close working with representatives across the business, who are responsible for the day-to-day delivery of the sustainability strategy.