Improvements achieved in 2024
- Sustainable Product Identification Initiative further expanded
- Reach of Supplier Code of Conduct enlarged, mainly by increasing coverage of the F&B supplier community
- Collaboration with Ecovadis started to further evolve supplier assessment and responsible sourcing practices
- New Pre-loved concept launched in Zurich and now available in 17 locations worldwide
- Mind.body.soul. shop-in-shop concept internationalized further, now available in 15 countries
- New innovation hub launched, incubating external start-up companies to develop solutions tailored to our business
Sustainability Committments going forward
Avolta’s success goes beyond commercial and financial performance, and we understand that our business activities have an impact on the environment and the communities where we operate. In line with our commitment to the Ten Principles of the UN Global Compact, we regularly align our sustainability strategy with new requirements and develop relevant initiatives geared to achieving a more sustainable business, including:
- Sustainable Sourcing & Traceability: Expand the adoption of responsible sourcing practices and increase the procurement of sustainable, certified and local products
- Supply Chain Management: Foster responsible and ethical management of the supply chain, partnering with suppliers that are attentive to social and environmental impacts
- Product Quality & Safety: Provide high quality & safety standards for the products and ingredients used in all the company’s channels
- Healthy & Sustainable Choices: Promote better travel experiences by offering a wide range of healthy and sustainable products, good for both the consumers’ and the planet’s health