Cabka has a set of policies stating its commitments in the area of Environment, Health & Safety, Human Rights, Suppliers, Diversity, and Business Ethics. See the Principles & Policies section for all Policies.

After Cabka got listed on the Dutch stock market in early 2022, Cabka’s Management Team initiated the development of an ESG framework which is to comprise a comprehensive set of key commitments across all the Environmental, Social and Governance (ESG) dimensions.

 

Materiality Assessment

The basis of Cabka’s ESG-strategy is a double materiality assessment conducted in 2024 to determine which sustainability issues are most relevant to Cabka’s business operations and stakeholders. In this process, both risks and opportunities for Cabka, as well as positive and negative impacts on our stakeholders and the environment were analyzed. The assessment included comprehensive stakeholder engagement, including customers, suppliers, business analysts, employees, local communities, and competitors.

The results of the materiality assessment highlighted 18 key impacts, risks, and opportunities for Cabka within the following ESG topics:

  • Environment: Climate Change and Circular Economy
  • Social: Own Workforce and Consumers & End-Users
  • Governance: Regulatory Compliance, Business Conduct, and Innovation

Read more on the process and outcome of our double materiality assessment here: https://investors.cabka.com/static-files/3010de3e-198f-45ba-994c-66d031791b84 (p. 70-75)

 

Ambition Levels

Cabka aims to enable breakthrough all over the supply chain, with continuous innovation of smart reusable solutions for transport packaging with a focus on quality in the product process and circularity as the core element.

Cabka’s Ambitions on core environmental topics:

  • Lead the circular economy transition by continuously raising the bar around material use, manufacturing and move towards 100% recycled product input
  • Support the Paris Agreement by setting a near term Science Based Target and moving towards Net Zero for the entire value chain by 2050
  • Take responsibility for our environmental impacts beyond our direct operations through engagement with our suppliers on their environmental performance.

Cabka’s Social Ambitions:

  • Ensure a diverse and inclusive workplace to help drive business growth through balanced decision making and ensure equal opportunities within Cabka.
  • Working towards Zero Harm and Zero Accidents by fostering a healthy and safe working environment, people engagement and integrating health and safety into our culture, with annual improvements on the related indicators.

 

ESG Management Structure

The management of ESG is implemented in a hybrid (central and decentral) structure in the organization. Senior management in the company is directly involved in the aspects identified as material by the Group as a result of the materiality analysis. This is to ensure that ESG management fits our organization and delivers on our priorities.