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Samsonite Group S.A. — full event log

Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.

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2025· 12 events

Primary: Sustainable packaging guidanceData confidence — high

Introduced comprehensive Sustainable Packaging Guidance in 2025 that maps the five most common packaging materials with potential sustainability solutions, supporting designers and procurement teams in selecting lower-impact packaging.

sustainability_report p.7

Renamed from Samsonite International S.A. to Samsonite Group S.A.Data confidence — high

In January 2025, following a shareholder vote, the Company changed its name from Samsonite International S.A. to Samsonite Group S.A. to better reflect its multi-brand portfolio (Samsonite, TUMI, American Tourister, Gregory, Lipault).

sustainability_report p.48

First LEED Gold store in South-East Asia (Singapore)Data confidence — high

Samsonite flagship store in ION Orchard, Singapore earned LEED Gold under LEED v4.1 ID+C: Retail.

sustainability_report p.8

Digital Product Passport rolloutData confidence — high

Introduced first Digital Product Passports for Samsonite Proxis and Essens Circular limited edition suitcases, detailing material origins, recycled content, repair tips and end-of-life options via QR code.

sustainability_report p.3

Company renamed from Samsonite International S.A. to Samsonite Group S.A.Data confidence — high

At an extraordinary general shareholders meeting on January 23, 2025, the corporate name was changed to Samsonite Group S.A. to reflect the company's evolution into a multi-brand business (Samsonite, TUMI, American Tourister, Gregory, Lipault, Hartmann, etc.) since its 2011 IPO.

sustainability_report p.11

Scope 3 PG&S intensity target -52% by 2030 (2022 base)affects scope 3 purchased goodsData confidence — high

Reduce Scope 3 emissions from purchased goods and services by 52% by 2030 on an intensity basis per unit gross profit relative to a 2022 baseline, in line with SBTi near-term requirements.

sustainability_report p.7

On-site solar installation at TUMI Vidalia distribution centerData confidence — high

Completed installation of 960 kW AC / 1267 kW DC solar PV array at TUMI distribution center in Vidalia, Georgia, covering most of facility's electricity use.

sustainability_report p.8

100% renewable electricity via solar, green power and RECsData confidence — high

Samsonite maintained 100% renewable electricity across all owned and operated retail stores, manufacturing and distribution facilities, and offices in 2025 — achieved two years ahead of target. This is delivered through a combination of on-site solar generation (including a new 960 kW AC / 1267 kW DC solar PV array at the TUMI Vidalia, Georgia distribution center), participation in green power programs, and purchasing of renewable energy certificates (RECs). Around 80% of own-operations energy use comes from electricity, making this lever central. Going forward, the company will continue expanding on-site solar where feasible.

sustainability_report p.8

Primary: Recycled materials in products (plastics, aluminum)Data confidence — high

Recycled materials are described as 'an essential lever for the decarbonization of our business'. Approximately 40% of 2025 net sales came from products containing some recycled materials. The company is incorporating recycled plastics and aluminum to replace virgin feedstock — reducing embodied carbon and Scope 3 emissions from purchased goods. Examples include Essens Circular (≥80% recycled materials by weight, ~35% recycled polypropylene from pre-owned suitcases) and Proxis Circular (65% bio-circular and recycled by weight via ISCC PLUS mass balance).

sustainability_report p.6

Primary: Durability, repairability and product longevityData confidence — high

Durability is non-negotiable in Samsonite's Product Sustainability Framework. The Paralux collection introduced repairable wheels and pull-handles that customers can replace at home using video tutorials. Repair services are offered across approximately 80 countries through company-operated centers, third-party partners, and in-store offerings. A global Repair Vision for 2030 was developed in 2025.

sustainability_report p.6

Primary: End-of-life take-back and circular product designData confidence — high

Take-back pilots have been run in Belgium, the Netherlands, Asia and North America since 2021, with a U.S. retail-store take-back pilot planned for 2026. Partnerships transform non-repairable products into outdoor seating and surfacing rather than sending to landfill. The company also explores end-of-life solutions for non-saleable products from select U.S. distribution centers.

sustainability_report p.6

Dependent: Supplier engagement and Scope 3 roadmapData confidence — high

99% of GHG emissions are Scope 3, with ~87% coming from raw-material extraction, processing and product manufacturing. The company is working with Product Teams and suppliers to scale recycled materials and material substitutions as set out in its Scope 3 roadmap. Sustainable Materials Guidance was finalized in 2025 and is being piloted with selected suppliers in early 2026. Environmental requirements are being added to the Global Social Compliance Program for suppliers.

sustainability_report p.11

2024· 26 events

Dependent: Reduce value-chain GHG emissions (Planet pillar)Data confidence — high

Under the Planet pillar, the Company aims to reduce greenhouse gas emissions from its operations and its value chain, and minimize its impact on the environment. Sustainability is governed by a Vice President of Sustainability reporting to the CEO, supported by a Global Sustainability Council representing regions, brands and key functions.

sustainability_report p.43

Baseline year changed from 2017 to 2023 for Scope 1+2 targetaffects scope 1 co2eData confidence — high

Previous goal was 15% reduction in Scope 1+2 by 2025 vs 2017 baseline (surpassed: 91% achieved). New SBTi-validated target uses 2023 as base year, aiming for 42% reduction by 2030.

sustainability_report p.7

Improvements in analytical methods driving Scope 3 normalizationaffects scope 3 co2eData confidence — high

Improvements in analytical methods are driving most of the normalized emission reductions within the goods and services and transportation categories. Reported totals include emissions from indirect spend in Goods and Services category.

sustainability_report p.8

Voluntary accounting policy change for put options on NCIData confidence — high

Effective Q3 2024, the Company voluntarily changed its accounting policy for subsequent changes in fair value of put option financial liabilities tied to non-controlling interests. All such changes now flow through finance costs (P&L) rather than equity. Applied retrospectively; 2023 comparatives restated.

sustainability_report p.62

Preparation for potential US dual listingData confidence — high

The Company incurred US$9.1 million in costs during 2024 associated with preparation for a potential dual listing of its securities in the United States.

sustainability_report p.21

Primary: Sustainable product design and circularityData confidence — high

Under the Product pillar of 'Our Responsible Journey', Samsonite seeks to apply circular economy principles and continuously innovate to create ever more sustainable products. The Company invests significant R&D resources (US$20.2 million in 2024) in lighter and stronger new materials, more durable and more repairable collections.

sustainability_report p.44

Near-term science-based climate target set (SBTi validated)affects scope 1 co2eData confidence — high

Set near-term science-based climate target validated by SBTi: reduce Scope 1 and 2 emissions by 42% by 2030 from a 2023 base year, and reduce Scope 3 emissions from purchased goods and services by 52% by 2030 on an intensity basis per unit gross profit relative to a 2022 baseline.

sustainability_report p.3

Primary: Retail store fleet energy and lease footprintData confidence — med

Samsonite operates 1,119 company-operated retail stores globally (added 67 net new in 2024). Lease right-of-use assets totaled US$499.2 million at year-end 2024. The Company streamlines its retail fleet to focus on profitable growth, with implications for operational energy use.

sustainability_report p.6

2024 Term Loan B Facility refinancing, margin reduced 75 bpsaffects total debtData confidence — high

On April 12, 2024, the Company refinanced its 2023 Term Loan B Facility with a new US$500M 2024 Term Loan B Facility, reducing the applicable margin by 75 basis points (from SOFR+2.75% to SOFR+2.00%). The 2023 revolving credit facility was partially drawn (US$100M) to fund the repayment.

sustainability_report p.8

Share buyback: 62,610,300 shares repurchased for US$157.6MData confidence — high

During 2024, the Company repurchased 62,610,300 shares (4.3% of issued capital) for a total cash outflow of US$157.6M, held in treasury as of December 31, 2024.

sustainability_report p.10

US dual listing preparation commencedData confidence — high

The Company began preparing for a potential dual listing of its securities in the United States, incurring US$9.1M in preparedness costs and US$4.6M in deferred legal/audit charges by year-end 2024.

sustainability_report p.26

Pillar Two global minimum top-up tax recognized: US$1.9MData confidence — high

The Company recognized a top-up tax of approximately US$1.9 million for 2024 under Luxembourg's Pillar Two tax legislation, relating to operations in Panama, Argentina, Hungary, Poland, Switzerland and UAE.

sustainability_report p.29

SBTi-validated near-term climate targets setaffects scope 1 co2eData confidence — high

Set a science-based climate target to maintain 100% renewable electricity, reduce Scope 1 and 2 emissions by 42% by 2030 from a 2023 base year, and reduce Scope 3 GHG emissions from purchased goods and services by 52% by 2030 (intensity per unit gross profit, 2022 baseline). Submitted to SBTi Oct 2024, validated March 2025.

sustainability_report p.7

Added indirect spend to Scope 3 goods & servicesaffects scope 3 purchased goodsData confidence — high

Reported Scope 3 totals now include emissions from indirect spend in the Goods and Services category. In the 2023 ESG report, emissions from indirect spend had not yet been calculated.

sustainability_report p.8

Improved analytical methods for Scope 3affects scope 3 purchased goodsData confidence — med

Improvements in analytical methods are driving most of the normalized emission reductions within the goods and services and transportation categories.

sustainability_report p.8

High-level nature assessment aligned with SBTNData confidence — high

Conducted a high-level nature assessment to better understand impacts on freshwater and terrestrial ecosystems in alignment with Science Based Targets Network (SBTN) methodology.

sustainability_report p.8

Product Sustainability Framework launchedaffects recycled content input pctData confidence — high

Launched new Product Sustainability Framework across three focus areas: sustainable materials, circularity, and product footprint. Developed roadmaps for integrating recycled content into products through 2030.

sustainability_report p.5

Renamed from Samsonite International to Samsonite GroupData confidence — high

Samsonite Group S.A. (formerly known as Samsonite International S.A.)

sustainability_report p.12

Human Rights Commitment development begunData confidence — high

Began developing Human Rights Commitment and Human Rights due diligence process, to be finalized and published in 2025.

sustainability_report p.9

100% renewable electricity maintained across owned operationsData confidence — high

Samsonite achieved 100% renewable electricity in all company-owned and -operated retail stores, manufacturing and distribution facilities and offices in 2023, two years ahead of target, and maintained this in 2024. The mix is delivered via on-site solar generation, participation in green-power programs, and purchasing of Renewable Energy Certificates (RECs). On-site solar was expanded in 2024 at the Nashik, India manufacturing and distribution site and Vidalia, Georgia distribution center.

sustainability_report p.7

Dependent: Recycled content in purchased materials (plastics & aluminum)Data confidence — high

Increasing the use of recycled materials is the primary lever for Scope 3 reductions, since 83% of emissions come from purchased goods and services. About 40% of 2024 net sales incorporated some recycled materials (up from 34% in 2023). Key innovations include rPP from washing-machine barrels, rPET from post-consumer bottles, rPC from water cooler jugs, and first products containing recycled aluminum (Samsonite ESSENS Limited Edition, TUMI 19 Degree).

sustainability_report p.6

Primary: Energy efficiency at manufacturing & distribution sitesData confidence — high

Implemented energy-efficiency projects at facilities including LED-lighting retrofits, HVAC upgrades and industrial process improvements. A new HVAC system at the Jacksonville, Florida distribution center replaced 14 older units and reduced facility energy use from 5.1 million kWh in 2023 to 2.9 million kWh in 2024.

sustainability_report p.8

Primary: On-site solar generationData confidence — high

Expanded on-site solar installations at the Nashik, India manufacturing and distribution center and at the Vidalia, Georgia distribution center in 2024. Continues to identify additional opportunities to install and expand on-site solar where feasible.

sustainability_report p.8

Primary: Product durability & repairabilityData confidence — high

Designing durable, high-quality products that can be repaired rather than replaced is core to lowering product footprint. In Europe more repairs are now completed in wholesale and retail stores; the SupportandGo platform enables customer self-repairs. Developing a Global Repairability Index, with repairability identified as a key focus area for 2025.

sustainability_report p.6

Dependent: Supplier engagement on climate actionData confidence — high

Surveyed top 74 suppliers on key sustainability measures (73% response rate). Among respondents, 75% had sustainability goals covering energy efficiency, renewable electricity and waste management; 82% held certifications such as GRS and ISO 9001. Each region developed Scope 3 reduction roadmaps specifying actions to contribute to the 2030 target.

sustainability_report p.8

Dependent: Sustainable packaging strategyData confidence — high

Defined sustainable packaging principles: reduce material use, use reusable and recyclable packaging, and prioritize more sustainable materials. Roll-out across operations to begin in 2025.

sustainability_report p.8

2023· 20 events

Dependent: Supplier engagement to reduce Scope 3 raw materials emissionsData confidence — high

With 99% of total emissions in Scope 3 — and 79% from raw materials and product manufacturing — Samsonite works with key suppliers to increase recycled content and replace virgin materials with recycled alternatives. In 2023, the CEO laid out expectations for key suppliers to partner on reducing Scope 3 emissions.

sustainability_report p.8

Global Product Sustainability Framework establishedData confidence — high

Developed a new global Product Sustainability Framework defining vision across sustainable materials, circularity and product footprint, with targets and roadmap to be activated in 2024.

sustainability_report p.6

Appointed VP Global Head of SustainabilityData confidence — high

Samsonite welcomed Marina Dirks as new VP, Global Head of Sustainability, and added two members to her team, demonstrating strengthened institutional commitment to sustainability in 2023.

sustainability_report p.9

Achieved 100% renewable electricity in own operationsaffects renewable electricity pctData confidence — high

Samsonite achieved 100% renewable electricity usage across all own operations in 2023, two years ahead of its 2025 target date. This is a material sustainability milestone under the 'Planet' pillar of 'Our Responsible Journey'.

sustainability_report p.9

Refinancing of senior credit facilitiesaffects total debtData confidence — high

On June 21, 2023, the Company entered into a new Second Amended and Restated Credit Agreement providing for a new US$800M Term Loan A, US$600M Term Loan B, and US$850M revolving credit facility. The refinancing reduced outstanding debt by approximately US$65M and extended maturities by 3-5 years.

sustainability_report p.4

Renewable electricity 2025 target set (achieved early)affects renewable electricity pctData confidence — high

Samsonite had previously set a target to achieve 100% renewable electricity in own operations by 2025. This was achieved in 2023, two years ahead of the target date.

sustainability_report p.9

Women in director-level roles increased to 37%Data confidence — high

In 2023, 37% of employees at the director level and above were women, up from 36% in 2022, as part of the 'People' pillar of 'Our Responsible Journey'.

sustainability_report p.9

100% renewable electricity in own operations achieved two years earlyData confidence — high

Samsonite achieved 100% renewable electricity usage across all its own operations in 2023, two years ahead of its original 2025 target date. This milestone is part of the 'Planet' pillar of the Group's 'Our Responsible Journey' sustainability program. The Group aims to leverage its scale as the luggage industry's sustainability leader to drive further transformation. Full details on the renewable energy sourcing methodology are expected in the separately published 2023 ESG Report.

sustainability_report p.9

Primary: Sustainability embedded in product design — recycled materials in ~34% of net salesData confidence — high

Under the 'Product' pillar, Samsonite increased the share of net sales from products made at least in part from recycled material to approximately 34% in 2023, up from about 23% in 2022. The Group invests in R&D to develop lighter, stronger new materials, advanced manufacturing processes, and more sustainable collections. This lever targets the firm's manufactured and sourced products, which are the primary embodied-carbon impact for a consumer goods company.

sustainability_report p.9

Primary: Own-operations energy and emissions reduction via 100% renewable electricityData confidence — high

Samsonite achieved 100% renewable electricity in all its own-operated facilities in 2023, ahead of the 2025 target. This covers the Group's retail stores, offices, and production/distribution facilities globally. The Group continues to advance 'Our Responsible Journey' sustainability program under the Planet pillar to reduce operational environmental impact.

sustainability_report p.9

Dependent: Supply chain and sourcing sustainability transformationData confidence — med

Samsonite's ambition is to become the world's most sustainable lifestyle bag and travel luggage company. The Group states it will leverage its scale to lead the transformation of the luggage industry towards greater sustainability, including through its global sourcing infrastructure. The 2023 ESG Report (to be published separately in April 2024) contains further details on supply chain sustainability commitments and progress.

sustainability_report p.10

Committed to set near-term science-based target (SBTi)affects scope 1 co2eData confidence — high

In 2023, Samsonite committed to set a science-based climate target covering Scope 1, 2 and 3, with plans to publish target in 2024.

sustainability_report p.8

Achieved 100% renewable electricity two years ahead of goalaffects renewable electricity pctData confidence — high

Samsonite achieved 100% renewable electricity in own operations in 2023, two years ahead of the 2025 goal.

sustainability_report p.8

100% renewable electricity via on-site solar, green power programs, RECs/EACsData confidence — high

Samsonite achieved 100% renewable electricity across its own operations in 2023, two years ahead of its 2025 goal. The strategy combines further expansion of on-site solar arrays (Dubai office reduced grid energy use by 33%; solar projects underway at Tumi Vidalia, Georgia DC and Nashik, India manufacturing center), participating in green power programs, and purchasing renewable energy certificates (RECs) and energy attribute certificates (EACs).

sustainability_report p.8

Primary: EV fleet transition and sustainable commutingData confidence — high

Most fleet vehicles in Europe have been transitioned to electric. Samsonite offers a bicycle leasing program to Belgian site employees and subsidizes or provides free public transportation for teams in Belgium, Brazil, and Malaysia to reduce employee commuting emissions.

sustainability_report p.8

Plans to set science-based target (SBTi) in 2023Data confidence — high

Samsonite is assessing feasibility of setting a science-based target for Scope 3, and intends to set an updated, science-aligned target for Scope 1 and 2 in 2023.

sustainability_report p.30

Double materiality assessment conductedData confidence — high

In 2023, Samsonite conducted a double materiality assessment confirming priority topics including business conduct, circular economy, climate change adaptation, DEI, energy management, GHG emissions, plastic use, product quality, traceability, and human rights.

sustainability_report p.5

Primary: Energy efficiency in own operations (LED, HVAC, process improvements)Data confidence — high

To further reduce Scope 1 and 2 emissions, Samsonite is implementing energy efficiency projects including LED retrofits, heating/ventilation/cooling (HVAC) upgrades, and process improvements across its manufacturing and distribution facilities. Carbon intensity of own operations was reduced 85% vs. 2017 baseline (goal was 15% by 2025).

sustainability_report p.8

Dependent: Recycled materials & circular product design (Recyclex, post-consumer PET/PP)Data confidence — high

Approximately 34% of 2023 net sales came from products made at least in part from recycled materials (up from 23% in 2022). Examples include Tumi 19 Degree outer shell with >90% recycled polycarbonate, Xtrem Pride collection liners with 100% post-consumer recycled PET, and S'Cure Eco shells with at least 85% post-consumer recycled polypropylene. Repairability is designed in (e.g., ESSENS easy-to-remove wheels).

sustainability_report p.7

Dependent: End-of-life take-back and suitcase recyclingData confidence — high

In Belgium and the Netherlands, the 'We Recycle Your Suitcase' promotion ran for a third year — customers bring in hardside cases of any brand for shell and pullhandle recycling in exchange for a voucher. Partnership with social enterprise AAROVA disassembles cases; recovered polypropylene is being tested by R&D for a limited-edition suitcase in Europe in 2024.

sustainability_report p.7

2022· 15 events

Dependent: Upstream/downstream transportation decarbonisationData confidence — high

Distribution-related emissions (upstream cat 4 + downstream cat 9) totaled ~28,032 tCO2e in 2021, the second-largest Scope 3 contributor (8%). Samsonite plans to build on its Scope 3 assessment with pilot projects with suppliers to measure and reduce value-chain emissions, with raw materials and distribution identified as priority focus areas.

sustainability_report p.26

Disposition of Russian operations completedaffects revenueData confidence — high

On March 14, 2022, the Group suspended all commercial activities in Russia due to armed conflict in Ukraine. The Group subsequently completed the disposition of its Russian operations on July 1, 2022, impacting comparability for both 2022 and prior years.

sustainability_report p.3

Dependent: Sustainable packaging transition (FSC, recycled cardboard, rPET)Data confidence — high

Used 5,936 MT of packaging material in 2022: 5,492 MT FSC-certified or 100% recycled cardboard, 420 MT plastic, 24 MT tape, 0.3 MT polystyrene. Gregory migrated 99% of packaging to recycled content. Latin America transitioned to 100% recycled cardboard, rPET arrows, recycled paper hangtags and recycled LDPE polybags. Asia replaced plastic tape with paper-based tape and phased out Styrofoam.

sustainability_report p.18

Belgian solar array tripled from 2,000 to 6,000 panelsData confidence — high

Expanded solar panel array at Oudenaarde, Belgium manufacturing plant from 2,000 to 6,000 panels, now covering 100% of plant's electricity needs and exporting surplus to grid.

sustainability_report p.25

Nashik India tree-planting offsets (1,752 tCO2e in 2022)Data confidence — high

Since 2011 the team at Samsonite's Nashik, India site has planted fruit and medicinal trees on Samsonite-owned and Indian-government conservation land. These plantings meet permanence requirements as nature-based offsets. In 2022 they sequestered 1,752 tCO2e (vs 1,358 in 2021, 1,059 in 2020). Samsonite supported planting of over 250,000 trees globally in 2022 (174,000+ in India, 17,500 in Australia, 10,000 in North America wildfire restoration, 39,000 in Europe).

sustainability_report p.22

TCFD-aligned climate risk assessment conductedData confidence — high

Conducted a comprehensive climate risks and opportunities assessment aligned with TCFD guidance, covering 2030 and 2050 scenarios. Identified extreme heat as primary physical risk.

sustainability_report p.27

First-time Scope 3 GHG inventory across 11 categoriesaffects scope 3 co2eData confidence — high

In 2022, Samsonite measured its Scope 3 (indirect value chain) emissions for the first time, covering 11 of 15 GHG Protocol categories. Scope 3 totaled 381,506 tCO2e (95% of total footprint). Purchased goods and services dominated at 85%.

sustainability_report p.26

Restated 2021 recycled-content sales from 14% to 17%affects circular revenue pctData confidence — high

The company improved its process for collecting and validating recycled-content sales data, and revised its 2021 figure upward from the previously reported 14% to 17%.

sustainability_report p.12

Mexico manufacturing facility closedData confidence — high

The Cuautitlán Izcalli (Mexico) manufacturing facility closed in September 2022.

sustainability_report p.50

Established Global Sustainability Council and committeesData confidence — high

Established Global Sustainability Council plus Product & Innovation and Marketing & Communications committees to coordinate sustainability strategy across regions and brands.

sustainability_report p.7

Primary: Energy efficiency upgrades at manufacturing & distribution sitesData confidence — high

In 2022 European manufacturing plants in Belgium and Hungary replaced old heating boilers and installed programmable, automated heating systems, cutting natural gas use 11% and avoiding 150 tCO2e annually. ~40% of global square footage now LED-lit and ~35% has motion sensors/timers. Belgium facility has improved energy efficiency 20% versus a 2014 baseline. 2023 plan includes HVAC upgrades and LED retrofits.

sustainability_report p.23

Primary: Product durability, repair and recycling (circular design)Data confidence — high

Four-pillar circular economy approach: Design for Durability, Innovate Materials, Champion Repair, Promote Recycling and Reuse. Operates 160+ repair centers in 48 countries, in-store repair in ~500 stores across 19 countries. Tumi North America repaired 45,000+ bags out of warranty 2019-22. We Recycle Your Suitcase pilot in Belgium/Netherlands recycled 1,290 cases; Asia WWF pilot recycled 4,300 cases. Samsonite Proxis (Roxkin BOPP) is fully recyclable with bespoke 'wecare' free repair.

sustainability_report p.10

Gender balance target: 45% women in management by 2030affects workforce management female pctData confidence — high

Defined a target that women should represent at least 45% of management (director level and above) by 2030. Current: 36%.

sustainability_report p.34

Doubled renewable electricity to 25% via on-site solar + EACsData confidence — high

In 2022 Samsonite increased renewable electricity to 25% of total electricity use (21% purchased + 4% on-site solar), more than doubling 2021's rate. Belgian and Hungarian manufacturing plants now run on 100% renewable electricity through a combination of on-site rooftop solar (Oudenaarde expanded from 2,000 to 6,000 panels) and Energy Attribute Certificates (9,953 MWh of EACs purchased). 23% of Indian manufacturing electricity comes from on-site solar. Purchased 540 MWh through US/UK utility green-power programs. Plans to switch at least one-third of US facilities to 100% renewable electricity in 2023.

sustainability_report p.25

Dependent: Recycled-content materials in products (Recyclex, rPET, recycled nylon)Data confidence — high

Products with recycled content reached 23% of sales revenue in 2022 (up from restated 17% in 2021, 5% in 2019). Three top-10 collections contain 40-60% recycled content by weight. Gregory's Rhune backpacks cut carbon footprint 51-57% vs virgin nylon. Materials portfolio (Recyclex) includes rPET, recycled nylon, recycled polycarbonate (SORPLAS), recycled polypropylene (LyondellBasell QCP) and BOPP-based Roxkin. In 2022 diverted equivalent of ~100 million PET bottles from landfill.

sustainability_report p.12

2020· 3 events

Our Responsible Journey sustainability strategy launchedData confidence — high

In 2020, the Company launched 'Our Responsible Journey', a global sustainability strategy with three pillars: Product (circular economy), Planet (reduce GHG emissions across operations and value chain) and People (inclusion and engagement).

sustainability_report p.44

Gender balance goal — 45% women at director level+ by 2030affects workforce management female pctData confidence — high

By 2030, ensure women represent at least 45% of management team at director level and above, and maintain gender balance across entire workforce.

sustainability_report p.9

Carbon neutrality goal for own operations by 2025Data confidence — high

Power own operations with 100% renewable electricity and achieve carbon neutrality for own operations by 2025.

sustainability_report p.8