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Contents Duni Group 2022 The past year 3 2022 in brief 4 This is Duni Group 5 CEO’s comments 8 Chairman of the Board’s comments 10 Financial targets and outcomes 11 Strategy 12 Innovation 16 Our market 18 Business Area Duni 20 Business Area BioPak 26 People & Culture 30 Duni Group as an investment 34 The share 35 Risks and risk management 36 Sustainability Report 2022 How Duni Group views sustainability 43 Materiality analysis 44 Duni Group and the UN’s Sustainable Development Goals 46 Sustainability initiatives 1 Becoming Circular at Scale 48 2 Going Net Zero 50 3 Living the Change 52 The Code of Conduct shall guide our actions 56 Duni Group’s footprint 58 EU Taxonomy Regulation 63 GRI Index 66 2 Duni AB, Box 237, 201 22 MALMÖ Annual Report 2022 Directors’ Report 70 Corporate Governance Report 75 Board of Directors 81 Group Management 83 Auditor’s Report 145 Glossary 149 Key ratio definitions 150 Calendar 151 Addresses 151
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Duni Group 2022 / The past year Our strategy – a guiding star in turbulent times When storms are raging all around us, it is important to keep a focus on the goal. Our strategy helps us make the right decisions. When we do the right things, we get closer and closer to becoming the company we are striving to be. The past three years have been a com- mercial and mental roller coaster, with the pandemic, climate change, war, and both economic and energy turbulence. But at Duni Group, we have managed to maintain our energy and motivation. This is rooted in a desire to make a differ- ence. And our strategy until 2030 gives us a long-term goal to fight towards – to become our industry’s trusted sustain- ability leader. We want to drive our industry towards circular solutions, net zero climate impact and social sustain- ability, where the focus is on people. In the greater scheme of things, how- ever, we are a small player. This is why we strive to contribute our knowledge, experience and networks in constructive and innovative collaborations. This will make it easier for us to provide each customer with the most sustainable solution based on their situation. These can be single-use or multi-use items, but we are increasingly involved in the development of digital services and transactions. There are increasing demands for trans- parency about how companies work with sustainability, with the UN, the EU and public opinion as strong driving forces. Legislation is becoming stricter and reporting requirements are becoming ever tougher. We have taken significant steps in this area during the past year. Wanting to be our industry’s knowledge and sustainability leader, it is important for us to be active in the debate. It is there fore gratifying that we are increasingly being invited as experts in various forums for social and environmental issues. We want to influence from within our industry, but also to create a con- structive dialog with authorities and organizations, for example. We hope that together we will be able to create a future based on knowledge and facts. Then we can build a basis on which people can meet both now and in the future to enjoy food and drink – and do so with a clear conscience. 3
