LTP Annual Sustainability Performance Report 2021

11

HOW WE ANCHOR SUSTAINABILITY

THE JOURNEY TOWARDS OUR 4 SUSTAINABILITY COMMITMENTS

2021 RESULTS

2022 TARGETS

RISK AND COMPLIANCE

PERFORMANCE ON 2021 TARGETS

Commitment

Priority topic

2021 Target

2021 Result

2022 Target

Committed Entity

Status

Injuries & accidents Number of near-misses incidents Number of work-related injuries

0 0

5 2

0 0

LTP Furniture LTP Garment

On track On track

Business partners portfolio management

CARE FOR PEOPLE

100% 100%

90% 26% 88%

100% 100% 100%

LTP Garment Lithuania

On track

% production partners signing LTP Code of Conduct and Ethics

LTP Garment Vietnam Not achieved

% sewing production partners assessed on sustainability

N/A

LTP Garment Lithuania

Achieved

Fair wages and benefits​

100% 100%

100% 100%

100% 100%

LTP Furniture LTP Garment

Achieved Achieved

% full time production employees, part of the works council or a union

Fair working conditions & Occupational health Workers covered by an OHS management system Production waste management & disposal

100%

100%

100%

LTP Group

Achieved

90% 90% 90% 25% 40% 25%

100% 100%

100% 100%

LTP Furniture

Achieved Achieved

EMBRACE DURABILITY & CIRCULARITY

% of recyclable plastic bags for packaging

LTP Garment Lithuania

15% 26% 41% 37%

50% 50% 75% 50%

LTP Garment Vietnam Not achieved

LTP Furniture

Achieved Achieved

% of plastic bags with min 50% recycled content

LTP Garment Lithuania

LTP Garment Vietnam Achieved

Sustainable material substitution % of water based glue (fully exclude solvent based glue) % of carboard sourced which are FSC certified % of wooden frames sourced which are FSC certified Carbon equivalent emissions scope 1 & scope 2 Carbon eq. emissions for scope 1 and 2

100%

100%

100%

LTP Furniture LTP Furniture LTP Furniture

Achieved Achieved

95% 30%

95% 11%

95% 30%

Not achieved

FIGHT FOR CLIMATE

GHG protocol 1)

2 e / FTE 0 kg CO 2 e / FTE 2)

902 kg CO

LTP Group

Achieved

Renewable energy sourcing

% not covered by the PPA 4) % not covered by the PPA 4)

100% 100%

100%

LTP Garment Lithuania LTP Furniture Lithuania

Achieved On track

% of electricity from renewable sources with Renewable Electricity Certificate 3)

87%

Customers Number of events organized to foster knowledge sharing across players in the industry

UNLOCK TRANSPARENCY

N/A

3 (circularity)

3

LTP Group

Achieved

Product users /consumers Number of new customers to join the transparency web platform called LTP Consciously Crafted N/A

4

5

LTP Garment

On track

Notes: 1) Carbon accounting done according to Greenhouse Gases protocol standards; 2) LTP Group committed to reach carbon equivalent neutrality starting 2022 with offset. According our commitment to SBTi below 1.5 degrees target setting, Link, a CO2e reduction targets for 2025 will be set and disclosed in the 2022 annual sustainability report ; 3) To account for the reduced CO2e emissions from renewable electricity certificates (REC), the GHG Protocol quality criteria must be met, and consequently we cannot claim for this renewable electricity and disclose 0%. In Vietnam, we have not found the possibility yet to source renewable electricity with those certificates; 4) Power Purchasing Agreement to buy renewable energy

LTP Group 2021 Sustainability performance report

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