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SUSTAINABILITY AT MELLBY GÅRD

   Strong commitment to
 intensifying sustainability

              efforts

 With the aim of publishing its first Group-wide sustainability report
in spring 2026, Mellby Gård and its subsidiaries are working to put all
the necessary structures in place. The focus in 2023 was on conducting

                          a double materiality assessment.

Working and investing sustainably is fundamental to                        CHALLENGE OF DIVERSE PORTFOLIO OF COMPANIES
                 Mellby Gård. Its ownership philosophy – the Mellby
                 model – emphasizes long-term, responsible and active      Both Anna Blom and Johan Sandberg emphasize the importance
 ownership. Sustainability work has been conducted for a long time in      of getting things done in good time and doing your homework –
 the parent company, each subsidiary and the associated companies in       especially as there is no established practice for the new reporting
 the Group. With new reporting legislation from the EU setting clearer     format. Moreover, the fact that EU legislation is not adapted to their
 requirements and guidelines for everyone in the Group, 2023 was           circumstances – as a group with a wide variety of businesses and
 largely characterized by intensifying and structuring the work and        sectors in their portfolio – poses an additional challenge.
 building knowledge in the area.
                                                                             “It’s obvious that an agricultural business and a financial undertaking
   “Our priority has been to gain an overview and build knowledge,         don’t have the same essential issues, although some overlapping ones
 and we’ve really had to dig into the new regulations for sustainability   do exist,” says Anna Blom. “It will be a challenge for us as Group parent
 reporting,” says Johan Sandberg, Chief Financial Officer at Mellby Gård.  to establish key issues and associated KPIs that suit both Mellby Gård
“There’s a lot that needs to be put in place for us to be able to report   and our wide range of businesses. There are also additional questions
 correctly. We’re not there yet, but we’re well on our way.”               about how we should handle our associated companies in our reporting.
                                                                           This is not yet entirely clear.”
   “Just like all companies, we want to meet the legal requirements of
 the Corporate Sustainability Reporting Directive (CSRD),” says Anna       ESTABLISHED SUSTAINABILITY COUNCIL
 Blom, Group Controller at Mellby Gård. “That’s why during the year
 we’ve started work on our double materiality assessment, in which         At the beginning of the year, Mellby Gård set up a council with the aim
 all companies have identified their most important issues. These          of accelerating sustainability efforts throughout the Group. The council
 will be compiled in spring 2024 and establish which will be the most      currently consists of representatives from the Group, Roxtec, Feralco
 significant sustainability issues in our Group. The assessment provides   and Kappahl. They are among the larger companies that are already
 us with answers regarding where we need to focus our efforts going        well advanced in several areas of sustainability and have already
 forward.”                                                                 started to implement the CSRD in their own operations.

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