FOR A SUSTAINABLE
(in Letter from the Chairman, Management Report 2020)“We will do better. We must welcome this responsibility and act as agents of change and lead the way.”
A FUTURE OF HOPE
“More than ever, all organisations must do their share. They need to acknowledge their purpose and adopt truly sustainable strategies, set up ambitious goals towards a better society, and focus on creating long term value. At Sonae we very much welcome this change as it actually makes our difficult ambition to generate superior economic, social and natural value a little less difficult. In our daily tasks we feel more support, understanding and help from financial markets, consumers, employees, partners and suppliers and new solutions are arising for persistently difficult problems
The future must and will be a future of hope. I believe that in difficult times, we need to find within ourselves a beacon of light that guides us towards a better future. My beacon of light is the true belief that we can always do better. We will do better. We must welcome this responsibility and act as agents of change and lead the way. Our forward-looking approach will ensure that we are a long-living organisation that will be as ready as we can be - structurally, financially and culturally - for whatever the future throws at us.”
People and Planet
We aim to develop our activity within the planetary boundaries, in a just and fair way, pursuing the development of our people and communities
(in CEO Letter, Management Report 2020)“This was a year that tested us more than even and we delivered with purpose, staying true to our values.”
STAYING TRUE TO OUR VALUES
“Our purpose energized us to step up to the challenge and make great progress in our social and environmental commitments surrounding carbon emissions, plastics consumption and gender equality. We did not stop there, we went further to increase the support to our communities. We contributed €14 M and mobilised our businesses to donate thousands of goods and personal protective equipment to vulnerable people and health and safety professionals.”
TONNES OF VIRGIN
WITH THE INCLUSION OF
decrease of GHG emissions (from 2019 to 2020)
of leadership positions held by women
invested in community support
Common policiesDevelopment of common
policies and goals for the
Sonae Group, setting similar
targets for the different companies.
Sustainable SynergiesCreation of synergies
and promotion of sustainability.
Efficient practicesDissemination of best practices
and know-how , and coordination
of Sonae’s presence in external forums.
HOW WE MANAGE SUSTAINABILITY
At Sonae, we are highly committed to a long-term vision, and the need and urgency to go beyond the economic value generated by our businesses.
To improve our sustainability performance, we reviewed our governance model with the establishment of the Sustainability Advisory Group, responsible for the development and adoption of common policies and principles of action, and established clearly defined goals and targets in our priority Action Axes.