Westwing : releases third Sustainability Report

Munich, 4th April 2024 - Westwing, Europe's No. 1 in Beautiful Living e-Commerce, proudly announces the release of its third Sustainability Report for 2023, underscoring its unwavering commitment to sustainability, positive change, and well-being amidst global challenges. Despite transformative events and economic and social challenges, Westwing remains steady in its commitment to enabling customers to 'Live *Beautiful*', with sustainability at the core of its brand proposition.

"Ultimately, our aspiration is for sustainability to seamlessly align with our brand identity. We envisage our products' sustainability not merely as a positive force for people and the environment but also as a recognized value proposition for our customers in terms of durability, safety, and quality," says Delia Lachance, Founder & Chief Creative Officer of Westwing.

Two years into its Sustainability Strategy 2030, Westwing remains motivated to meet its environmental and social goals. The company's sustainability strategy focuses on materials, suppliers, and packaging, addressing climate impact, engaging customers, and supporting its people.

In 2023, Westwing achieved a significant milestone by validating its greenhouse gas (GHG) emissions reduction targets by the Science Based Targets initiative (SBTi). The company recorded a remarkable 43% decrease in its Scope 1 and 2 GHG emissions and incorporated 34% renewable electricity into its operations. Moreover, Westwing assessed 100% of non-EU and 67% of EU Westwing Collection suppliers for social impact, while also extending the scope of its environmental assessments to further suppliers. The company continued to improve the sustainability of its product portfolio resulting in 48% of its online Westwing Collection products labeled with the Westwing WE CARE label and the implementation of new packaging options, demonstrating a strong commitment to sustainability and social responsibility.

"This past year was transformative, marked by considerable growth in our processes and practices. We navigated complex sustainability regulations while accelerating progress across all fronts. As we look ahead, we're not just preparing to meet requirements and targets; we want to pave the way for an even more ambitious sustainability journey," says Dr. Erasmia Kitou, Director of Corporate Sustainability at Westwing.

Highlights from the 2023 Sustainability Report:

Products - 48% of online Westwing Collection products feature the WE CARE label - 100% of non-EU and 67% of EU Westwing Collection suppliers evaluated on social aspects - 100% transition to sustainable packaging achieved (Westwing Collection) - 43% share of plastic packaging with >60% recycled content

Planet: - GHG emissions reduction targets validated by the Science Based Targets initiative (SBTi) - 43% reduction of GHG emissions from Scopes 1 and2 - 34% share of renewable electricity in our own operations - 5 Product Carbon Footprints (PCFs) calculated (Westwing Collection)

People: - 39% reduction in total lost time accidents at Westwing logistics centers - 640 hours volunteered with community projects - Social standard launched for its logistics centers in Poland - Human rights and Artificial Intelligence Usage Guideline policy adopted

Westwing's commitment to sustainability remains at the forefront, and the company looks forward to further collaboration and innovation to create a positive impact on both people and the planet.

1)Products are labelled as WE CARE when they or materials they are made of meet referenceable and credible sustainability standards.
2)Scope 1: direct emissions from Operations; Scope 2: Indirect emissions from purchased energy sources,Compared to baseline 2022.

ABOUT WESTWING Westwing is Europe's No.1 in Beautiful Living e-Commerce with EUR 429 million in revenue in 2023 across 11 countries. We are a premium one-stop destination for Design Lovers, offering a unique brand experience with a curated assortment of our Westwing Collection and the best design brands. The integrated platform combines Shop, Club Sales, Storese, B2B services and Westwing Studio. Our team consists of c.1,600 professionals working together towards our shared purpose to "excite people to create homes that unlock the full beauty of life". Founded in 2011, Westwing is headquartered in Munich and went public on the Frankfurt Stock Exchange in October 2018.