Devro : ESG Seminar

DEVRO

ESG SEMINAR

2 9 S E P T E M B E R 2 0 2 1

AGENDA	2

Arrival
Welcome	Rutger Helbing
Key ESG messages
Company at a glance
Think circular - Life cycle analysis
Purpose, values, mission & culture
Our sustainability progress to date
Our sustainable priorities - through a materiality assessment
Our goals, targets & commitments
Priorities	Dr Gary Stephenson / Anton Zawada
Our chosen frameworks & standards
Governance
Conclusion
Question and Answer session	Panel
Devro ESG Seminar

KEY ESG MESSAGES

Sustainability integral to what we do and not new to us - part of our DNA

Purpose and Values are our guiding star

ESG provides growth opportunities - accelerator for scale, innovative, leading businesses

Devro ESG Seminar

3

Six clear priorities identified through a materiality assessment, targets set

Significant focus on acclerating

ESG performance and enhancing disclosure

Our investment case

aligns with sustainability

COMPANY AT A GLANCE	4

c.2100	70+
employees currently	countries sold into directly
400+	60:40%
direct customers and	revenue -
100 distributor partners	direct vs distribution
The Devro	Broadest
difference	edible portfolio

Devro ESG Seminar

16.9%

operating margin (H1 2021)

Higher yields	Improved brand
with superior	loyalty with better
technical service	quality and bite

THINK CIRCULAR - IT IS OUR HERITAGE	5

	•	Bovine (Beef) 1930s
	•	Porcine (Pig) 1990s
	•	Avian (Poultry) 2010s
• Original process designed to utilise	• Exploring casings based on other
	renewable raw materials
certain by-products from
slaughterhouses - removing need for
disposal	Past and ongoing:
• Those materials, hides, represent a
•	Upgrading to more
low single digit of the animal value
	efficient manufacturing equipment,
• Devro has been the leader in
	reducing energy and waste
identifying how to utilise lower carbon	•	Enhanced product robustness and

footprint species	consistency leading to improved
	yields in manufacturing and
	customer processes
	• Reduced product weight, whilst
	maintaining performance, reducing
	material use
Devro ESG Seminar