Sustainability data collection
Revised sustainability indicators Living wages calculated in 2022 assumed that families had 1,8 adults working, but characteristics of own employees for 2023 shows only 1 % in LTP Group is working part time. As both adults contribute equally, the expenses are divided by 2 (and not 1,8) and half of the expenses thereby constitute the living wage of each adult in the family. Living wages from 2022 have not been restated as the change is immaterial (below 5 %).
We continuously strive to develop our sustainability reporting in order to support our business and provide our stakeholders with relevant and transparent sustainability data. Business changes impacting sustainability data No mergers or acquisitions impacted sustainability data for 2023. Production in Ukmerge, Lithuania ceased in January 2023. Production in Orlit and Belvit, Belarus, has ceased in September 2023 and are included in the period with production. Activities was redrawn from the external warehouse in Lithuania in October 2023 and are included in the period of use. New sustainability indicators The number of indicators has changed significantly since our 2022 sustainability report, which did not include accounting practices. Comparative data have been calculated identically for 2022 and 2023 in this report. Therefore, this report is seen as the baseline for reporting.
Discontinued sustainability indicators
The number of indicators has changed significantly since our 2022 sustainability report, which did not include accounting practices. Comparative data have been calculated identically for 2022 and 2023 in this report. Therefore, this report is seen as the baseline for reporting.
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