Sustainability Review 2021

The S in "ESG" is becoming more important than ever before, as our newly launched annual sustainability review highlights.

By  Kamil Zabielski, Head of Sustainable Investment
ARTICLE · PUBLISHED 31.03.2022

The year has kicked off with quite a twist: war has broken out in Ukraine, right here in Europe. In this dramatically transformed risk landscape, it's never been more important to have a solid oversight on how we are managing sustainability.

With that in mind, we present our 2021 Sustainability Review. This annual report, a first for us, builds on a series of quarterly sustainability reports that we began publishing last year. With these reports, we aim to provide more transparency on our sustainability efforts, and reflections on our progress towards our goals and commitments.

The short story? It was notable in 2021 that the "S" in ESG matters more than ever before. Last year's COP26 climate conference resulted in ground-breaking commitments towards reaching net zero. But: tackling climate challenges will only be possible if we enable a just transition to a carbon-neutral economy. And as recent events underline, managing the social aspect of sustainability, including protecting human rights, continues to rise in importance. This focus drove our efforts to mitigate human rights risks in conflict areas; improve supply chain resiliency through living wages and vaccine access; and to ensure workplace gender equality.

The new report covers the calendar year of 2021. Obviously, there is also much interest around the facts around our work in relation to the Ukraine-Russia conflict. The topic will be covered extensively in our Q1 2022 Sustainability Review, which we'll publish shortly, on May 4th.

For now, to learn more and find the facts on our sustainability efforts in 2021, we hope you'll read our Sustainability Review 2021.

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