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Contents 5 Summary 8 Introduction to the Report 8 About the Report 10 Message from Kronospan Serbia 12 About Kronospan Serbia 14 Kronospan Serbia at a Glance 16 Our Values 17 Our Product Portfolio 20 We Empower with Positive Governance 20 Our Organisational Structure 22 Highlights in 2022-2023 24 Sectoral and Global Trends 24 Sectoral Outlook 24 Meaning Of Carbon Negative Production in the Sector 25 Meaning of the Circular Economy in the Forest Products Industry 26 Regional Outlook 28 Risk Management 30 Internal Audit Progress 31 Business Ethics 33 Kronospan Building Blocks 34 Value Chain 37 Sustainability Management 37 Our Understanding of Sustainability and Stakeholder Expectation 37 Our Sustainability Strategy 38 Materiality and Stakeholder Analysis 39 Material Issues for Kronospan Serbia and Its Stakeholders 40 Our Contributions to Sustainable Development and Our Targets 42 Our Short, Medium, and Long-Term Targets 46 Communication with Stakeholders 48 Responsible Growth Strategy 2
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52 We Aim for Carbon Negative Production 52 Environmentally Responsible Production Processes 54 Sustainable Production Cycle 56 Sustainable Forest Management 56 Raw Material Management 60 Product Quality 62 R&D Activities 64 Emission Management 66 Life Cycle Assessment (LCA) 66 Corporate Carbon Footprint 70 We Produce by Adding Positive Value to the Environment 70 Environmental Management Approach 72 Energy Management 74 Waste Management 76 Water Management 80 We Make Progress by Contributing to Our Stakeholders 80 We Care About Our Employees 82 Human Rights 84 Employee Training and Development 84 Training Journey of Our Employees 86 Employee Development and Career Journey 88 Equal Opportunity and Diversity 91 Contribution to the Community 92 Social Responsibility Projects 94 Customer Management 96 Supply Chain 98 Occupational Health and Safety 101 Appendix 102 Kronospan Serbia Environmental Performance Indicators 104 Kronospan Serbia Social Performance Indicatorss 110 GRI Content Index 3
