Care for Today - Respect for Tomorrow

ambition

Lotus Bakeries aims to achieve sustainable, profitable growth by providing consumers around the world with a diverse range of branded snacks for every occasion.
As part of this ambition, we aspire to create value in a sustainable way, not only today, but also for the generations to come. The range of sustainability matters that are material to our company have been captured in our sustainability programme: ‘Care for Today, Respect for Tomorrow’.


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OUR 5 GUIDING PRINCIPLES FOR A SUSTAINABLE FUTURE

Our 5 guiding principles for a sustainable future (ESG Guiding principles)

A BALANCED PORTFOLIO OF GREAT TASTE

We aim to delight all consumers with reliable and great-tasting brands that cater to people’s evolving expectations. We offer both indulgent and better-for-you snacking options, thus allowing consumers to establish a balanced dietary lifestyle. A portfolio of different pack formats may lead to greater accessibility for customers and end-consumers.

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ONE LOTUS FAMILY

We believe in the power of our people to drive performance. We aim to be an inclusive workplace where employees feel engaged, and we are committed to offering long-term employment within the company. Our policies related to but not limited to Human Rights, Health & Safety, and Well-being are already implemented and will be continued in the future. In addition, we will also follow up on matters such as training, diversity and onboarding new employees.

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ETHICAL BUSINESS CONDUCT

We are committed to acting lawfully, ethically and with integrity towards all our stakeholders. We aim to promote human rights across our value chain as a fundament of our operations, next to other core ethical business policies. We remain comitted to supporting the UN Global Compact by upholding the Ten Principles of the United Nations and ensure they form part of our strategy, culture and daily activities.

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ROAD TO NET ZERO

We join the battle to combat climate change and minimise our impact on the environment in all aspects of our operations, packaging as well as our value chain. We implement our decarbonisation roadmap in line with our SBTi targets. Secondly, it includes our packaging strategy including reduction, designing for recyclability and aiming for circularity which contribute to limit our impact on the environment.

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SUSTAINABLE SOURCING

We are committed to building greater resilience in our supply chains by preserving the environment while ensuring welfare throughout our supply chain and by setting high ethical business standards through governance initiatives. We focus on environmentally friendly choices within our value chain to aid in our decarbonisation journey. We are determined to continue building good practices and improving transparency in our supply chains.

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our materiality

The programme ‘Care for Today, Respect for Tomorrow’ entails the sustainability topics that have been reconfirmed to be material, based on the double materiality assessment (Annual Report 2024 - pp. 104-124). These topics have been aggregated into five Guiding Principles, each with underlying objectives. Together, the five Guiding Principles respond to our material sustainability impacts, risks and opportunities. And they support our mission to create small moments of joy and happiness by offering a versatile range of branded snacks with superior taste experience, to every consumer, for every occasion, in every country.

Double materiality assessement

Discover our Materiality Analysis here