Gabriel_Annual_Report_2024-25 - Flipbook - Page 34
CONTENTS // SUSTAINABILITY STATEMENT // GENERAL INFORMATION
Overview of principal impacts, risks and opportunities
ESRS reference
Sub-topic
Classification
Position in value chain
Time horizon
Description
CLIMATE AND ENERGY
(ESRS E1)
Climate change mitigation
and adaptation
Impact, risk,
opportunity
Own operations,
value chain operations
Short-, mediumand long-term
Transition risks: Development in society may result in new requirements and costs. Failure to act may damage reputation.
Physical risks: Failure to act may result in negative impacts on the environment.
Opportunities: Gabriel can reduce discharges through process improvements, efficiency improvement, use of renewable energy and reduction of
emissions from purchased goods and supplier operations.
CLIMATE AND ENERGY
(ESRS E1)
Energy
Impact, risk,
opportunity
Own operations,
value chain operations
Short-, mediumand long-term
Transition risks: Continued use of fossil fuels may result in higher costs and unstable energy supply.
Physical risks: Fossil fuel dependence may result in cost increases, unreliable supply and carbon emissions.
Opportunities: Changing to renewable energy and energy-efficient technologies can reduce dependence, stabilise costs and reduce CO2e emissions.
Resource inflows,
including resource use,
resource outflows from
products and services, waste
Risk
Own operations,
value chain operations
Short-, mediumand long-term
Dependence on materials may result in scarcity of resources, cost increases and uncertainty in supply chains. Resource use without consideration for
limitations may result in bad reputation and regulatory risks and will not support customers’ circular economy objectives.
RESOURCE USE AND
CIRCULAR ECONOMY
(ESRS E5)
Resource inflows,
including resource use,
resource outflows from
products and services, waste
Opportunity
Own operations,
value chain operations
Short-, mediumand long-term
Circular economy enhances resource efficiency through better utilisation and recycling of materials and reduces impacts on climate and
environment. This can also reduce dependence on materials and reduce supply chain vulnerability. At the same time, it can create competitive
advantages through new business models and access to markets with requirements for responsible use of resources.
WATER
(ESRS E3)
Water consumption and
pollution of water
Risk
Value chain operations
Mediumand long-term
Water scarcity in fabric production poses a risk and may negatively impact Gabriel and the environment.
WATER
(ESRS E3)
Water management
Opportunity
Value chain operations
Short-, mediumand long-term
Opportunities comprise the use of technologies and chemicals that reduce water consumption and environmental impacts including ecolabelling.
Prevention of wastewater pollution is an opportunity to ensure stable operation and compliance with official requirements.
OWN WORKFORCE
(ESRS S1)
Working conditions
Risk/
opportunity
Own operations
Short-, mediumand long-term
Gabriel’s working conditions have a material impact on its employees. Inappropriate conditions can negatively affect employee wellbeing and
engagement, whereas good conditions promote a positive, healthy, stable and motivating working environment. This helps to attract and retain
competent employees.
OWN WORKFORCE
(ESRS S1)
Working conditions
Risk
Own operations
Short-, mediumand long-term
Accidents at work have negative consequences for employee safety and wellbeing.
Preventive actions create an opportunity to reduce the risk of workplace accidents and increase employee wellbeing.
OWN WORKFORCE
(ESRS S1)
Equal treatment and
opportunities for all
Risk/
opportunity
Own operations
Short-, mediumand long-term
Failure to treat employees equally has a negative impact on them and results in discrimination and inequality among them.
By promoting inclusion and equal opportunities, Gabriel can positively affect employees by creating an inclusive working environment, increasing
employee satisfaction, attracting talent and retaining employees.
BUSINESS CONDUCT
(IROS) (ESRS G1)
Corporate culture
Risk/
opportunity
Own operations
Short-, mediumand long-term
The corporate culture has an effect on how employees experience their work and relationships at the workplace. A negative culture reduces
wellbeing and collaboration, while a positive culture strengthens the working environment and supports responsible conduct.
BUSINESS CONDUCT
(IROS) (ESRS G1)
Anti-corruption and bribery
Risk
Own operations
Short-, mediumand long-term
Incidents have a negative impact on society and a financial impact on Gabriel.
Customers expect responsible business conduct from Gabriel. Failure to fulfil expectations can result in loss of partnerships. Fulfilling expectations can
strengthen relationships and improve the market position.
RESOURCE USE AND
CIRCULAR ECONOMY
(ESRS E5)
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