WWOHANT’TGGOETTUUSSHTEHREER,E Actions and ambitions of Actona Group for a more sustainable business All companies, of which Lars Larsen Group holds majority ownership, follow common group policies and a set of standards regarding sustain- ability to establish a shared compliance foundation. In addition, the companies are encouraged to set individual ambitions and implement further sustainability goals and initiatives. One of the companies doing exactly that is Actona Group. With an ‘what got us here, won’t get us there’-attitude, Actona Group is emphasizing a will to push the sustainability agenda forward by cons tantly improving the efforts of the company. Sustainable Business Actona Group, which became part of Lars Larsen Group in 2016, is systematical- ly integrating aspects of sustainability into its operations guided by the strategy, ‘Sustainable Business’, which was created and implemented in 2021. “At Actona Group we know that what got us here, will not bring us to where we want to be in the future. We are committed to make Actona Group even bigger and stronger – and therefore also more sustainable,” says Rasmus Munksgaard Mathiasen, VP Group Sustainability & Operational Excellence at Actona Group. “But we regard our sustainability journey as a process rather than a project; we need to continuously strengthen our business both financially and sustainably and this requires a strategic and systematic approach,” he adds. Actona Group applies a shared value perspective, meaning integrating prior- itised efforts towards the 17 UN Sustainable Development Goals (SDGs) into three main areas of the value chain. More specifically, Actona Group has identi- fied three SDGs to work actively with, and a clear ambition has been tied to each SDG and further cascaded into distinct targets as shown below. 2025 ambition 2023/24 targets SDG Circular Products CO2-data on all materials Environmental Product Declarations Sustainable design & manufacturing Design for disassembly Sustainable Production Responsible Procurement PAGE 66 Cut CO2 from own operations in half 100% sustainable certified wood CO2 from supply chain Load optimization Waste recycling Packaging material Sustainable supplier management system Responsible fabrics
“We strive to consider the whole product lifecycle and our primary ambition in regard to circular products is to establish that much-needed transparency, which enables consumers to make the responsible choices in the store.” Rasmus Munksgaard Mathiasen Rasmus Munksgaard Mathiasen, VP Group Sustainability & Operational Excellence at Actona Group. LARS LARSEN GROUP | ANNUAL REPORT 2021/22 | RESPONSIBILITY | PAGE 67