To remain successful in the long term, we want to reconcile our activities along the value chain with the ecological, social and legal parameters. Together with MediaMarktSaturn as the core of our business activities we decided to shape and influence responsible and sustainable business. CECONOMY is also a role model for the entire industry.
We aim to strengthen the sustainability of our operations. To do this, we set targets to reduce carbon emissions and packaging waste, ensure labor and human rights in the supply chain of our private labels and our suppliers, and set targets for a diverse workforce.
We aim to enable a sustainable lifestyle for our customers. To this end, we are expanding our sustainable product assortment; we are also setting for a superior customer guidance and education towards the conservation of our resources and, in this context, offering our customers the possibility to reuse, repair or recycle their products.
We have defined clear sustainability targets expressed in terms of financial year 2022/23. They include:
// Net zero direct carbon emissions of own operations (scope 1+2)
// Over 80 percent of our sales suppliers audited for labor and human rights compliance
// Doubling the number of sustainable products in our assortment (versus base year 2020)
CECONOMY joined the European Commission's Green Consumption Pledge.
Learn more
CECONOMY is a member of UN Global Compact, the world's largest initiative for responsible corporate governance. The vision of the UN Global Compact is an inclusive and sustainable global economy based on its 10 universal principles.
Learn more
CECONOMY has signed the uniform principles of action of the German Retail Association (HDE) and is thus committed to responsible, sustainable action. In five guiding principles, the HDE defines the common understanding of the social role as entrepreneur, supplier, partner and employer.
Learn more (German)
CECONOMY has been a signatory of the Diversity Charter since 2018. In doing so, we have declared our willingness to stand up for diversity and appreciation as an employer.
Learn more
We take responsibility for emissions that arise directly or indirectly from our business activities along the value chain.
Learn more
We focus on clear labeling of sustainable products and services for our customers to promote sustainable consumption.
Learn more
We support innovative product solutions and service concepts that enable sustainable consumption.
Learn more
We are committed to socially relevant topics where we can contribute to enriching people's lives with our products, approaches and competencies.
Learn moreFollow this link to see the separate Non-Financial Group Report including our strategic sustainability approach, as part of our current annual report:
