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LPP S.A. Press room LPP’s Integrated Report awarded the main prize in the 2020 Social Reports Competition for the second time in a row

LPP’s Integrated Report awarded the main prize in the 2020 Social Reports Competition for the second time in a row

20.10.2020

LPP has been announced a laureate of the 14th edition of the 2020 Social Reports Competition organised by the Responsible Business Forum, whose aim is to identify good practices in the area of reporting on corporate social responsibility and sustainable development. The Gdańsk-based Company has been awarded the main prize in the Integrated Reports category for the second time in a row. The awarded report is entitled “Towards sustainable fashion” and summarises the company’s activity and the attainment of its goals in the field of social and environmental activities undertaken by the company in 2019.

For the second time in a row, the Gdańsk-based company received the main prize for the best integrated report in a competition organised by the Responsible Business Forum Association and Deloitte. The jury appreciated LPP above all for maintaining a very high reporting standard and excellent preparation of the publication, which addresses all key topics, clearly and precisely formulates the social message showing the values the company lives by as well as important commitments for the future.

– The fact that the main award in the Integrated Reports category went to LPP for the second time in a row is a great distinction and motivation for us to continue our work. By publishing reports including non-financial data for the last three years, we try to describe our undertakings in a transparent way. The winning Report for 2019, apart from elaborate presentation of the entire activity of LPP Group also focused on a comprehensive summary of the company’s environmental impact and the objectives of the Sustainable Development Strategy 2020 – 2025. For example, we were one of the few companies to have precisely counted our greenhouse gas emissions, from growing the raw material, developing the product, up to selling and using the clothes, i.e. washing or drying by customers. By consistently implementing our strategy, we want to make a real contribution to reducing the impact of our environmental footprint – comments Anna Miazga, Sustainability Expert, LPP.

The Social Reports competition, which has been organised since 2007, is a review of the approach to non-financial data practised by companies. Its aim is to draw attention to the importance of reporting on corporate social responsibility and identify good practices in this area. A record number of 56 publications took part in this year’s edition of the competition, which consisted of, among others, the following: 12 débuts, 15 integrated reports and 3 NGO reports. Awards and distinctions were granted in 5 categories – for the Integrated Report, Social Report and Débuts in these categories and for the Non-Business Organisation Report. In the online voting, the prize was also awarded by internet users. Additionally, during the competition, a special prize was also awarded by the Warsaw Stock Exchange.

Reports submitted to this year’s edition of the competition are available in the Reports Library at http://raportyspoleczne.pl/biblioteka-raportow/

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LPP SA is a Polish family business and one of the fastest growing clothing companies in the region of Central and Eastern Europe. For over 25 years it has been successfully operating in Poland and abroad, offering its collection already on 25 markets, including in such prestigious capitals as London, Berlin, Tel Aviv or Moscow. LPP SA manages five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay. The company has a chain of over 1700 stores with the total area of over 1 million sq.m. The online offer of the brands collections is available on 29 markets. On the basis of a global supply chain, the Polish clothing producer distributes over 265 million pieces of clothing to three continents. LPP plays another important role as it employs over 24 thousand people in its offices and sales structures in Poland, Europe, Asia, and Africa. The company is listed on the Warsaw Stock Exchange in the WIG20 index and belongs to the prestigious MSCI Poland index.