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Sustainability Report 2020 FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 2

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Sustainability Report 2020 FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 2 Sustainability report 2020 FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 2 FISKARS GROUP 3 GRI SUPPLEMENT 52 Contents Introducing Fiskars Group 4 Sustainability governance 53 Values 5 Sustainability management 54 Strategy and purpose 6 UN Sustainable Development Goals 57 Sustainability ambition 8 Economic performance 58 Sustainability commitments 9 Sustainable business practices 59 External initiatives and memberships 60 YEAR 2020 10 Responsible supplier management 61 Message from CEO 11 Biodiversity 64 Summary of 2020 13 Responsible water use 66 Sustainability highlights 15 Product quality 67 Our targets and progress 16 Employee data 68 Our impacts 18 Learning and development 70 People performance process 72 SUSTAINABILITY COMMITMENTS 19 Pay and reward 73 Against throwaway culture 20 GRI Content Index 74 Promote and explore new business models 21 Independent Limited Assurance Report 81 Circular and sustainable materials 24 For a carbon neutral future 28 Our climate approach 29 Reducing our emissions 29 Engaging suppliers 31 For increased joy 34 Listening to our employees during an exceptional year 35 Inspire people by leading according to our values 37 Health and safety 39 Diversity and inclusion 43 Create positive societal impact 45 Human rights 50 FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 3 Fiskars Group Making the everyday extraordinary FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 4 Introducing Fiskars Group Fiskars Group’s vision is to create a positive, lasting impact on our quality of life. Our brands Fiskars, Gerber, Iittala, Royal Copenhagen, Global presence SCISSORS & Waterford, and Wedgwood are present in people’s WATERING CREATING everyday lives – at home, in the garden, and outdoors. • Employees 6,400 This gives us an opportunity to make the everyday • Presence in 30 countries in extraordinary today, and for future generations. Europe, Asia and the Americas • Brands available in more than 100 countries Since our journey started in 1649 we have explored, COOKING TABLEWARE learned and created, making daily life better for each • More than 350 stores other and the world around us. Our portfolio of brands is • Net sales of 1,116.2 EUR held tightly together by our unique craftsmanship and million in 2020 our attention to detail – we know it is the small things we • Listed on Nasdaq Helsinki do each day that have a big impact on us and our future. GARDENING DRINKWARE This Sustainability Report is part of the Fiskars Group Annual Report 2020. The Annual Report 2020 consists of the Board of Director’s report (including NFI), the Financial Statements and the Auditor’s report, the Corporate Governance Statement, the Remuneration Statement and the Sustainability Report. Sustainability aspects are also covered in the Non-Financial Reporting OUTDOOR INTERIOR section in the Report by the Board of Directors, which is included in the Financial Statements. This report has been prepared in accordance with GRI Standards: Core option. The reporting covers Fiskars Group and all its group companies. We are reporting primarily for the year 2020 in this report. The reporting period covers the calendar year 2020 from January 1, 2020 to December 31, 2020. Any other division of the data reported is noted separately. An independent third party, DNV GL, has provided assurance on the sustainability information reported in this report. The scope of the assured information is indicated in the Independent Practitioners’ Assurance Report. FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 5 Values Our values connect us Creating and guide us towards change the future. In a constantly changing world, we have always had the courage to take the lead. We are making the everyday We shape our own future. extraordinary by creating change, by celebrating the everyday, and by growing with compassion. We believe that Fiskars Group’s values Celebrating and purpose will only be effective when our people can relate to them as the everyday their own. We believe in values-based We are present in the small moments of the leadership, where our own personal everyday. We appreciate the little things beliefs are in alignment with the values we do, as we know they have a big impact we share together as one Fiskars on us and our future. Group team. Growing with compassion We know that by looking at the world from the perspective of others we can become the best at what we do. FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 6 Strategy VISION Creating a positive and purpose SUSTAINABILITY lasting impact COMMITMENTS on our quality of life Sustainable business sits at the For a Against carbon For throwaway neutral increased heart of Fiskars Group. culture future joy Our purpose is to make the everyday Growing extraordinary; this is a promise that unites our business brands. Each individual brand celebrates its unique identity, aiming to excite and inspire people. Improving performance STRATEGIC Our vision of creating a positive, lasting impact PRIORITIES on our quality of life can only be fulfilled by integrating sustainability into everything we do. Exciting consumers Inspiring Sustainability is an people integral part of our PURPOSE Making the everyday strategy and guides extraordinary our path in creating and delivering sustainable VALUES Creating change Celebrating the Growing with growth. everyday compassion FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 7 Our strategic priorities OUR STRATEGY Fiskars Group continues to pursue profitable growth IS BUILT AROUND with its strong portfolio of brands that people love. FOUR STRATEGIC The aim is to be the first choice in the garden and PRIORITIES: outdoors, in the kitchen and at the table. To achieve this ambition, we rely on our deep understanding of the everyday and combine our passion for design, innovation and quality with a firm commitment to sustainability. We deliver value by building brands that people love, driving a business that customers respect and developing a culture where people can INSPIRING PEOPLE EXCITING CONSUMERS perform at their best. • Living the values • Leveraging consumer insights • Shared goals and ways of • Circular economy We develop a balanced portfolio of brands working • Sustainable materials that each have their unique identity and a clear role in the portfolio based on their potential in the chosen markets and categories. We are a diverse team of creative professionals who belong to one Fiskars Group, with our purpose and values guiding our everyday decisions. Our common ways of working help us leverage best practices and capture synergies. GROWING BUSINESS IMPROVING • Growing the core PERFORMANCE • Expanding in China and • Improving capital management e-commerce • Boosting commercial capabilities • Exploring services FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 8 ON A MI SSI ON Sustainability ambition F O R T H In 2020 we continued accelerating our sustainability work towards lasting E 2030 through a shared ambition and refreshed approach for further integrating sustainability to business practices. wellbeing OF PEOPLE AND PLANET We believe that operating with a strong sustainability of lasting design. For us this involves not only how we approach is the right thing to do for people and the design lasting products and services, but also how we planet and the prerequisite to future-proof and grow can create a positive impact going forward. our business. Sustainability is an opportunity for us to further strengthen our reputation and increase brand Our responsibility is to grow and evolve the business love. with compassion for people and planet. Aligned with UN Sustainable Development Goals we have set ambitious We want to take a stand with our new long-term targets to fight throwaway culture, contribute to a ambition to be the sustainability leader in our industry. carbon neutral future and increase joy. Our sustainability approach describes how we are going to reach our ambition, we are on a mission: for lasting wellbeing of people and planet. The future calls for actions today. To do this we need to challenge ourselves and demonstrate sustainable leadership in all areas of our operations. Together with the best partners, we find sustainable solutions to ensure that our business will perform and contribute positively to this generation and to the ones to come. It seems the more advanced society becomes, the more people search for balance and wellbeing, which is a great platform for us at Fiskars Group. We want to be loved for our ability to shape the everyday into something extraordinary. We are proud of our heritage and culture FISKARS GROUP YEAR 2020 SUSTAINABILITY COMMITMENTS GRI SUPPLEMENT 9 Sustainability Against throwaway commitments culture In 2020 we refreshed our sustainability approach We fight throwaway culture by developing circular solutions to extend the joy our and commitments to strengthen our capabilities products and services provide and to for integrating sustainability to our business. minimize the strain on the planet. The base of the commitments continues to be the sustainability assessment conducted in 2019, where we looked beyond our current business to gain a better For a carbon understanding of global influences, trends, initiatives and expectations. We embedded sustainability more firmly into neutral our strategic priorities to efficiently drive change within our business and support strategy implementation. future To support
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