Financial stability is an important part of sustainability as this is crucial for long term business performance, as well as allocating necessary resources for R&D and innovation. Elopak’s financial performance is presented in the company’s Annual Report. This chapter focuses on elements not included in the annual report, linked to aspects such as performance management, details of our climate risk assessment, EU Taxonomy evaluations, tax allocation and sustainability-related remuneration issues.
For Elopak, sustainability is a key business driver and is therefore being implemented into various business areas’ general decision-making processes.
To follow up on business performance, the top executive management (GLT) performs regular business reviews, where multiple sustainability-linked KPIs are included (some of which are on GLT-level and bonus-driving). While some business areas already have KPIs linked to the sustainability program (read more here), others are in the process of embedding them. The process will be further strengthened and systematically embedded in the annual business planning process during 2023.