10.2 Our value chain

[GRI 3-3] Responsible value chain – responsible and ethical interactions with suppliers, business partners, contractors, etc., including respect for human rights;

[GRI 2-6]

Our business requires partnership and cooperation with various stakeholders and suppliers. We are aware that the value we create results from the actions taken in all processes within the organisation. This also includes our approach to the supply chain.

Purchases are of a non-production nature. Our suppliers provide services such as IT, marketing, office space management, market research, maintenance of the Group’s fleet. They also include the organisation of training courses and meetings with business partners.

4,083 suppliers in 2022

Code of Conduct for Suppliers and Contractors

[GRI 2-23]

Our Code of Conduct for Suppliers and Contractors contains important declarations and principles that we follow in accordance with the ERGO Hestia Group’s Business Strategy. It defines the basic standards of cooperation and business conduct that we expect our current and future partners to follow. We work with suppliers and contractors proven for quality, reliability and flexibility of operations. Commitment to comply with the Code is part of the agreement concluded with ERGO Hestia, as well as a declaration of voluntary compliance with the requirements contained in the document.

The following documents are in effect in the individual companies:

We endeavour not to have a negative impact on the environment, society or the economy, either in our operations or in our business relationships, and we prevent the potential occurrence of undesirable effects, e.g. through a tendering procedure that we have in place. As part of the process, suppliers or contractors receive a CSR questionnaire to describe their economic, social and environmental activities; this accounts for 10% of the total score a partner can receive in the tender. We also intend to update the procurement handbook with new standards for ESG assessment of suppliers.

One of the goals of the Sustainability Strategy for 2022-2025 is to “maintain the 90% share of key suppliers, who joined a tender and signed the Code of Conduct for Suppliers and Contractors”.

[GRI 204-1] [GRI 308-1] [GRI 414-1] [GRI 414-2]

97% key suppliers* assessed for social and environmental impacts and have signed the Code of Conduct for Suppliers and Contractors.

In an effort to support the national economy, we work primarily with suppliers from Poland and local suppliers from the Pomorskie Voivodeship.

All key suppliers working with us undergo a screening process in line with the Code of Conduct for Suppliers and Contractors.

36suppliers assessed for social and environmental impacts in 2022

98%nof our suppliers are Polish

Participation in the CSR Fair

In 2022, we were a Partner of the 9th edition of the CSR Fair, the largest event dedicated to corporate social responsibility in Poland, organised by the Responsible Business Forum, which was held in Warsaw in May of that year.

During the Fair, participants had the opportunity to learn about ESG initiatives at the stands of the 51 participating exhibitors. For our stand, we decided to bring a piece of Hestia Park with us. We created a space that attracted lots of interest and at the same time created the conditions for discussing our ESG initiatives.

Responsible Business League

[GRI 2-24]

Our collaboration with the Responsible Business Forum (FOB) is another opportunity for us to get involved in the FOB’s educational programme, the Responsible Business League (LOB), which is aimed at students who want to develop their knowledge of and skills in sustainable development.

We are committed to education because we recognise the importance of building a force of future managers, social animators and leaders of change who will be committed to developing the area of sustainable development. We have been an active participant in the Responsible Business League for the past 5 years as a partner and custodian of thematic paths, with two editions in 2022 alone.

More information on the Responsible Business League Here.

Zarządzanie prywatnością

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Współadministratorami danych osobowych są:

Sopockie Towarzystwo Ubezpieczeń ERGO Hestia S.A z siedzibą w Sopocie, ul. Hestii 1, 81-731 Sopot,

Sopockie Towarzystwo Ubezpieczeń na Życie ERGO Hestia S.A z siedzibą w Sopocie ul. Hestii 1, 81-731 Sopot ,

a w zakresie korzystania z usługi Piksel Facebooka współadministratorem jest również Facebook Ireland Limited z siedzibą w Dublinie, 4 Grand Canal Square, Grand Canal Harbour, Dublin 2, D02X525 Dublin.

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10. Impact on the economy and market environment

[GRI 3-3] Responsible value chain – responsible and ethical interactions with suppliers, business partners, contractors, etc., including respect for human rights;

[GRI 2-6]

Code of Conduct for Suppliers and Contractors

[GRI 2-23]

[GRI 204-1] [GRI 308-1] [GRI 414-1] [GRI 414-2]

There have been no additional agreements to improve social conditions as part of supplier monitoring, and no business relationships have been terminated as a result of a social assessment.

We have implemented due diligence procedures to effectively monitor the risk of potential human rights violations along the value chain, including in particular the risk of child and forced labour.

Our partnerships

[GRI 2-28]

Participation in the CSR Fair

Responsible Business League

[GRI 2-24]