In order to be successful in the long term, we want to harmonise our activities along the entire value chain with the ecological, social and legal framework conditions. With MediaMarktSaturn at the core of our activities, CECONOMY is also a role model for the entire industry - we have set out to shape and characterise a more sustainable way of doing business. We call this path the "BetterWay".
We have set ourselves ambitious climate targets, validated by the Science Based Target Initiative, to reduce our direct and indirect carbon emissions. By continuously improving our energy requirements, CO2-optimised logistics and, above all, a wider range of energy-efficient products and correspondingly increasing demands on our suppliers, we enable our customers to consume consumer electronics in a climate-conscious way.
Social responsibility towards our employees, partners along the supply chain and the society we affect is the basis for our business activities. This includes fairness, transparency and diversity.
We focus on a wide range of more energy- and resource-efficient product alternatives and clear labelling of more sustainable products, thereby simplifying conscious consumption.
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We develop service concepts that conserve scarce resources and make more sustainable use of technology easier.
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We reduce emissions that arise directly or indirectly from our business activities along the value chain.
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We take responsibility in our supply chain and support our suppliers and partners in protecting human rights.
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We create the conditions to ensure that every employee - regardless of origin, sexual identity, age, possible disability, religion or gender - has the same opportunities.
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We are involved in socially relevant topics where we can help to enrich people's lives with our products and approaches.
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Our climate targets are clearly defined:
// We want to source 100 per cent of our directly purchased electricity from renewable energies every year.
// We want to reduce our absolute Scope 1 and 2 emissions (direct and indirect greenhouse gas emissions) by 58.8 per cent by the 2032/33 financial year, starting from the base year 2018/19.
// We want to reduce our absolute Scope 3 emissions in Category 4 (Upstream transport and distribution), Category 1 (Private Label) and Category 11 (Purchased goods and services and use of sold products) by 32.5 per cent by the 2032/33 financial year, starting from the base year 2021/22.
// We want to reach more than 80 cities with zero-emission delivery capability by the 2025/26 financial year.
You can find details on our measures in our sustainability report.
CECONOMY belongs to selected sustainability initiatives and networks and has important ratings.
CECONOMY has signed the European Commission's Sustainable Consumption Pledge. In doing so, we are committing ourselves to far-reaching climate targets.
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CECONOMY is part of the UN Global Compact of the United Nations. The UNGC is the world's largest initiative for responsible corporate governance. Its vision is an inclusive and more sustainable global economy.
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CECONOMY has signed the standardised principles of action of the German Retail Association (HDE) and is thus committed to responsible, more sustainable action.
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CECONOMY has been a signatory to the Diversity Charter since 2018. We are thus committed to an appreciative and unprejudiced working environment.
Learn moreUnder the German Supply Chain Act, companies are obliged to set up a complaints procedure that enables internal and external persons to report information. Our SpeakUp system allows people to report human rights or environmental risks or violations in their own business area and in the supply chain. Information will be treated confidentially; anonymous reporting is also possible. More information about the complaints procedure is available in the Rules of Procedure.
Follow this link to see the separate Non-Financial Group Report including our strategic sustainability approach, as part of our current annual report:
For sustainability enquiries please contact sustainability_at_mediamarktsaturn.com.
