Sustainability

Sustainability is a fundamental part of how we Rethink Retail. Together.

We work with customers, suppliers and colleagues to create retail solutions that support long-term value, reduce environmental impact and contribute to safer, fairer and more responsible ways of working.

Sustainability Report 2025

Our values

We care about our people and future.
We challenge ourselves and the industry.
We collaborate to succeed together.

Our sustainability work is guided by our values. These shape how we manage our environmental responsibilities, support our people, engage with suppliers and govern our business.

Our approach

Our sustainability reporting is prepared in accordance with the Corporate Sustainability Reporting Directive and the European Sustainability Reporting Standards. The report covers ITAB Group AB and the entities consolidated in our Group financial statements.

Our priorities are based on a Double Materiality Assessment, which helps us understand where we have the greatest impact on people and the environment, and where sustainability-related risks and opportunities may affect the business.

Please read more about our prioritised topics below.

Governance and accountability

Sustainability is overseen by our Board of Directors, with the Audit Committee responsible for oversight of financial and non-financial reporting. Group Management is responsible for strategy and implementation, supported by dedicated sustainability, finance, legal, procurement, operations and People & Culture functions.

The Board receives regular updates on sustainability performance, regulatory developments, key actions and material impacts, risks and opportunities. This governance structure helps ensure that sustainability is connected to business strategy, risk management and operational decision-making.

Climate change

Retail fixtures and store environments have a significant environmental footprint, and ITAB Group works to reduce that impact through smarter design, circularity and operational improvements.

We have developed a climate transition plan intended to align the Group with a 1.5°C pathway under the Paris Agreement. The Group is continuing to develop its greenhouse gas reduction targets and decarbonisation roadmap, including actions related to energy efficiency, renewable electricity, process improvements and supplier engagement.

Energy consumption

Water and marine resources

Water and marine resources were identified as a key topic from our Double Materiality Assessment. Our primary water use is in manufacturing and operational processes, including surface treatment, cleaning, cooling and welfare facilities.

The Group’s approach to water management is based on responsible use, compliance with local requirements and continuous improvement at site level. Further work is planned to improve data quality, identify local water risks and develop more structured water reduction actions where relevant.

Water consumption

Resource use and circular economy

Resource use and circular economy are central to our role as a retail solutions provider. Our products often use materials such as steel, aluminium, wood-based materials, plastics, electronics and packaging. This makes material efficiency, product durability, modularity, reuse and recycling important parts of our sustainability work.

Our approach to circularity is supported by the Group Environmental Policy, Supplier Code of Conduct and emerging circular design principles. We work to reduce waste, improve recycling, support more efficient material use and develop solutions that can contribute to longer product lifetimes and greater reuse.

Circularity and resource use

Our people

Our colleagues are central to our success. We aim to provide a safe, fair and supportive working environment where they can contribute, develop and succeed.

In 2025, ITAB Group had 5,434 employees in its workforce. The Group monitors topics including working conditions, health and safety, equality and diversity, training and skills development, work-life balance and incidents or complaints.

Own workforce

Workers in the value chain

We recognise that workers in the value chain may be affected by the Group’s purchasing decisions, supplier relationships and project delivery activities. The material topic identified for value chain workers is health and safety, including the risk of workplace incidents that could result in injury, fatality or work-related mental health impacts.

The workers most exposed to these risks include those involved in manufacturing and fabrication, installation and shopfitting, logistics and other physically demanding activities.

We manage these risks through a risk-based supplier due diligence approach. This includes supplier onboarding, sustainability and health and safety self-assessments, supplier audits, corrective action plans and escalation where serious or repeated issues are identified.

In 2025, we introduced a new Supplier Code of Conduct that consolidates legacy ITAB and HMY requirements into one Group-wide standard. The Group is also developing a more harmonised supplier risk classification model and plans to implement a Group-wide supplier management digital tool during 2026 to improve visibility, documentation and follow-up.

Health & safety

Responsible business conduct

Strong governance and ethical business conduct underpin our approach to sustainable value creation. The Group’s business conduct framework is built around the Code of Conduct, Anti-Bribery and Corruption Policy, Supplier Code of Conduct and related governance controls.

These policies set expectations on legal compliance, fair competition, anti-bribery and corruption, conflicts of interest, responsible behaviour, supplier relationships and whistleblowing.

We operate a confidential whistleblowing channel that is available to employees and other stakeholders, including suppliers and workers in the supply chain. Reports can be made anonymously or confidentially and are handled in accordance with established procedures.

Business conduct

Our ReStore program brings circularity to life by meeting retailer needs across the store lifecycle.

ReStore Sustainability Services

Looking ahead

2025 was an important year, following the integration of HMY and the development of a combined sustainability reporting baseline. Our focus now is to continue strengthening our sustainability governance, improve data quality, develop Group-wide systems and deepen the integration of sustainability into business planning and decision-making.

Our priorities include improving climate and energy performance, developing stronger supplier due diligence, advancing circular design and resource efficiency, improving workforce data and training systems, and continuing to build a culture of responsible business conduct.

By working together with customers, suppliers, colleagues and partners, we strive to support the transformation of retail, while contributing to more sustainable outcomes across the value chain.