LTP Annual Sustainability Performance Report 2021

7

HOW WE ANCHOR SUSTAINABILITY

THE JOURNEY TOWARDS OUR 4 SUSTAINABILITY COMMITMENTS

2021 RESULTS

2022 TARGETS

RISK AND COMPLIANCE

ENGAGING OUR STAKEHOLDERS

The details of our approach and the prioritized sustainability material topics are described in an article publicly available: 9 priority sustainability topics for garment and upholstery manufacturers. ” “Sustainability insights:

Between May and August 2021, LTP Group conducted a materiality assessment to identify the sustainability topics which are most material and important for our business and stakeholders. The assessment engaged with 80 stakeholders, and as such formed the foundation of our 2025 sustainability strategy.

LTP Group stakeholders are employees, management team, members of the board of directors, suppliers, customers, industry experts and representatives of the civil society. Out of this collective input we identified 9 sustainability priorities which were grouped into 4 distinct areas. These 4 areas became our 4 sustainability commitments.

The sustainability commitments describe our sustainability priorities towards 2025 and the specific initiatives we commit to. For each of the 4 commitments we have identified the underlying sustainability priorities together with their related 2022 actions and measurable targets.

Materiality assessment

Strategic priority topics

Notes: 1) Design for circularity is a design process which considers how the choice of the materials and the product construction will enable repair and maintenance of the product and recycling and reuse of parts of the product 2) Identified by looking at overlaps at the target level based on the GRI IN SDGs linkage resource

LTP Group 2021 Sustainability performance report

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