Sustainable development strategy
The Śnieżka Group consistently implements a long-term development strategy by concentrating its operations on selected countries of Central and Eastern Europe as well as building a leading position in the decorative paint segment in selected markets. The goals supporting the implementation of the Group’s strategy for 2024 and beyond include, inter alia, further active work in the ESG area.
In 2024, the Group continued the implementation of Sustainable Development Strategy. The provisions of the Strategy are presented in a multi-year perspective and relate it to the business model. The document was drawn up for the parent company FFiL Śnieżka SA and Śnieżka ToC, due to their essential importance within the Group. In the years 2025-2028, the strategic goals of sustainable development will be extended to the remaining companies of the Śnieżka Group.
Śnieżka’s Sustainable Development Strategy is divided into three pillars and describes nine priority areas, 21 strategic objectives and 71 operational ones. For each of the defined key areas, the Strategy determines a specific organizational unit responsible for its implementation. The operational objectives described in the document have specific metrics and time horizons. One of the strategic goals is to systematically improve ESG metrics assessed by EcoVadis, which corresponds to the inclusion of ESG issues in the Group’s business strategy. The most important directions of the Group’s development, including those related to the SLL financing obtained in 2023, are the reduction of GHG emissions, transformation towards green energy and the development of products with a low environmental impact.
The strategy supports the implementation of six of the 17 UN Sustainable Development Goals.
For the first time, the Group’s parent company, FFiL Śnieżka SA, underwent the EcoVadis assessment in 2023. In the 2024 edition, the Group scored a higher result by 4 points than previously, winning the Silver Medal. This places it among the 6% of the top rated companies.