Responsible organisation 3.3 Transparency and validation

    company's credibility - one of the pillars of the zabka group's strategy

    Why is this important?

    According to experts, non-financial reporting becomes a tool that is necessary for the further development of modern capital markets. The increasing number of regulations in this area, the gradual orientation of global financial flows towards sustainable investment, as well as social pressure are all factors that contribute to a systematic increase in awareness of sustainable development issues and reinforce the importance of standardised disclosures of issues related to environmental protection, social impacts and governance (ESG). Supplementing financial reporting schemes with non-financial data disclosures allows to obtain a full picture of the management process, monitor results and increase the accuracy of business decisions made. In the Żabka Group, we undergo external certification processes and comprehensively report non-financial issues in order to provide stakeholders with transparent information on how we manage our social, environmental and economic impacts and how we implement the priorities defined in the Responsibility Strategy.

    Our contribution

    We disclose non-financial and financial information in a transparent and reliable manner. We are transparent about the results of the activities undertaken and the degree of fulfillment of the obligations arising from the Responsibility Strategy. According to its assumptions, we publish data and management practices relevant to many groups of our stakeholders. We value the opportunity to exchange experiences with other companies – we want to inspire them to take ESG-related action, are willing to share our knowledge and are open to feedback. We also value opportunities to compare ourselves with other companies and to perform independent and objective assessments of our progress. That is why we regularly review our approach to managing ESG issues, including through participation in sustainable development reviews and ratings, as well as through independent audits. Transparency of our activities is also the foundation for cooperation with institutional stakeholders, including financial institutions. Thanks to our obligations under the Responsibility Strategy, we are gaining access to capital available to sustainable enterprises.

    What have we done so far?

    We are pursuing the strategic objective of the Żabka Group, meaning we make sure that our external reporting complies with the best practices and takes into account applicable international standards. We use proven standards and guidelines in our sustainable development activities, relying on the latest GRI (Global Reporting Initiative) standards, United Nations Global Compact principles, recommendations published by the World Economic Forum – “Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation” and guidelines of the Sustainability Accounting Standards Board (SASB). We have also drawn up a second Climate Report using guidelines of the Task Force on Climate-Related Financial Disclosures (TCFD). In the report, we clearly communicate the risks and opportunities associated with climate change and the objectives and effects of our decarbonisation plan, as approved by the Science-Based Targets Initiative (SBTi). In 2021, we also concluded the first financial agreement based on ESG objectives resulting from the Responsibility Strategy, with the margin of the said instrument depending on progress in implementing our strategic commitments. Our ESG-related activities have been positively verified by EcoVadis, an international sustainability rating agency. We have received the highest possible distinction, a platinum medal, thus joining 1% of companies in the world which are successfully integrating non-financial factors in their strategies and operations.

    Selected activities


    Responsibility Report 2021