ESG

Dear stakeholders,

I am thrilled to share with you our latest achievements and progress at ASEE Group. As the CEO, it is my pleasure to provide you with an update on our non-financial report for 2023. It was a year of unprecedented success for us, as we achieved exceptional performance again. We owe this success to the collective efforts of our dedicated employees, our strong business con[1]duct, and our unwavering commitment to respecting all our stakeholders, including employees, the societies in which we operate, clients, and partners.

At ASEE Group, we are proud to conduct our business based on our core values of Integrity, Respect, Responsibility, Efficiency, Professionalism, and Commitment. Sustainability is at the heart of everything we do, and in 2023, we focused on increasing Sustainability awareness, which includes environmental, social and governance issues. We are proud of the work done by our Sustainability Team, which has been instrumental in supporting continuous improvement to manage and monitor our GHG emissions, promoting our corporate governance model and addressing employees’ concerns.

When preparing the non-financial report, we considered many of the recommendations within the sustainability area, including the UN Sustainable Development Goals, EU Directive 2014/95/EU regarding disclosure of non-financial and diversity information, Regulation (EU) 2019/2088 on Sustainable Finance Disclosure Regulation (SFDR), Recommendations of TCFD (Task Force on Climate-Related Financial Disclosures), Best Practice of GPW Listed Companies 2021, The Regulation (EU) 2020/852 on Taxonomy, and EU Delegated Regulation 2021/2139, 2023/2485 and 2023/2486.

We know that monitoring all relevant data and preparing a report is a challenge for every company, and we have some small companies within the ASEE Group with limited resources to support the reporting process. To address this, we have considered two standards in our reporting framework, the GRI (Global Reporting Initiative) and SIN (non-Financial Information Standard). We have selected SIN, developed by FSR (Foundation for Reporting Standards), to provide a simpler reporting framework. However, we are confident that we will be well prepared for the year 2024 with new reporting ESRS standards. Therefore, presented report is the last one containing SIN standards.

Looking ahead, we are committed to aligning with emerging European Sustainability Reporting Standards (ESRS) and anticipate transitioning to these new standards in the coming year. While we maintain consistency in our Key Performance Indicators (KPIs) for 2023, we recognize the significance of establishing a baseline year for future reporting under ESRS.

In conclusion, I believe that our fourth and last SIN non-financial report comprises comprehensive information on how we approached corporate governance, risk management, environmental, employee, social, ethical and anti-corruption issues, as well as marketing communication in 2023, and the results we achieved in these areas. As a company employing 3952 people in 24 countries and generating over PLN 1.6 billion in sales revenues in 2023, we have implemented 83 certified management systems, consumed 12 083 MWh of energy, with 9% coming from renewable energy sources, emitted 2.97 MgCO2e per 1 million revenues of Scope 1 & 2 greenhouse gases into the atmosphere, emitted 141 kg of waste per 1 million PLN revenues, drove 10 696 332 km with company vehicles, and provided 13.3 training hours per employee.

We remain committed to our sustainability journey and look forward to the next phase of this journey. Thank you for your continued support and trust in our company.

Sincerely,

Piotr Jeleński, CEO of ASEE and Payten