Appendix
Action in 2023
The Action Story
Taking Action
Ethics & Governance
Appendix
Scope and reporting boundaries
Unless stated otherwise, this report covers the company's businesses and consolidated entities.
Where applicable, the scope and boundaries for metrics and other key performance indicators (KPIs) are included in the text of this report.
Annual financial data relates to the company's financial year (2 January to 31 December 2023). Sustainability and other non-financial data are reported in line with either the company's financial or book year (depending on the data).
Figures in this report are presented generally in euros (€), Action's main reporting currency. Figures are rounded to the nearest million, and refer to the entire Action organisation (unless stated otherwise).
Due to rounding, certain figures in this report may not tally exactly. In addition, please be aware that certain percentages have been calculated using rounded numbers.
This report is based on Peer Holding I B.V.’s 2023 Annual Report. It provides a summary of the company’s strategy, performance and impact on stakeholders and society. Content is based on internal reporting. Where external sources are used, this is clearly indicated in the text. All data is based on Action’s own operations and collaboration with business partners. This report is intended for all Action stakeholders. When choosing content for the report, consideration was given to its materiality – i.e., whether it had an impact, or potential impact, on the company and/or its stakeholders.
* This combines a new topic (Diversity, equity and inclusion) and a previous topic (Recognition and personal growth).
We carry out a regular materiality assessment. Its purpose is to define our material topics, which provide the basis for our reporting and strategy. Our latest assessment, carried out in 2023, was the first to use the new double materiality process in line with the CSRD; our previous 2022 assessment used a single materiality approach, as defined under GRI standards. Our 2023 assessment identified eight material topics (see table below). Of these, seven were unchanged from our 2022 assessment, while one – Diversity, equity, inclusion and growth – was added.*
Our assessment involved four steps:
Creating an overview of Action’s business activities – which was used to identify our main stakeholder groups
Drafting a list of possible material topics and defining potential impacts, risks and opportunities for each
Assessing these impacts, risks and opportunities against both financial and impact materiality to provide a double perspective (inside-out and outside-in)
Using the results from our assessment to prioritise topics and decide on disclosures
This assessment was overseen by a special Steering Committee and results discussed by Action’s ASP Committee, which is chaired by our CEO and includes our CFO. Please refer to double materiality guidelines issued by the European Financial Reporting Advisory Group (EFRAG) for more information on double materiality assessments.
Available and affordable products
Perceived price level score (GfK)
Customers’ perception of a product in relation to its price (measured independently by GfK).
Product circularity
% circularity in product assortment (CTI score)
Percentage of ‘circularity’ included in Action products, as measured by the Circular Transition Indicator (CTI)*, showing degree to which circularity principles are applied to products, by weight and sales.
*Developed under the auspices of the World Business Council for Sustainable Development (WBCSD). For more information, see wbcsd.org
Energy and emissions
Scope 1 emissions (in CO2 equivalent)
Total Scope 1 emissions, as defined under the Greenhouse Gas Protocol (i.e., direct emissions from sources owned or controlled by Action).
Scope 2 emissions (in CO2 equivalent) – market-based
Total Scope 2 emissions, as defined under the Greenhouse Gas Protocol (i.e., indirect emissions resulting from the generation of energy purchased by the company).
Scope 3 emissions (in CO2 equivalent)
Total Scope 3 emissions, as defined under the Greenhouse Gas Protocol (i.e., indirect emissions occurring in Action’s wider value chain, both upstream and downstream).
Please note that, in this report, we are publishing a baseline calculation for 2021. Annual scope 3 emissions data will be included from our 2024 report onwards.
Sustainable packaging
% recyclable materials used in packaging
Percentage by weight of materials used in packaging, qualifying as recyclable (i.e., that can be reused or repurposed).
Responsible sourcing
% supply chain transparency (for private and white label products)
Percentage of private and white label products, for which Action has identified final producers and screened these against the company’s minimum social and environmental standards.
Product quality and safety
% technical transparency (for private and white label products)
Percentage of products, excluding A-brands, for which Action has full technical transparency (i.e., where Action has complete product specification details).
Diversity, equity, inclusion and growth
Average training hours
Average number of hours employees spend in training annually, calculated as total hours of training provided divided by total number of employees with permanent Action contract.
Please note: we plan to develop a second KPI relating to this material topic as part of our Diversity, equity & inclusion programme
Tax responsibility
We have decided not to set a KPI for Tax responsibility, given that amount of tax payments are the result from financial performance and the prevailing tax regime.
This report is based on Peer Holding I B.V.’s 2023 Annual Report. It provides a summary of the company’s strategy, performance and impact on stakeholders and society. Content is based on internal reporting. Where external sources are used, this is clearly indicated in the text. All data is based on Action’s own operations and collaboration with business partners. This report is intended for all Action stakeholders. When choosing content for the report, consideration was given to its materiality – i.e., whether it had an impact, or potential impact, on the company and/or its stakeholders.
Scope and reporting boundaries
Unless stated otherwise, this report covers the company's businesses and consolidated entities.
Where applicable, the scope and boundaries for metrics and other key performance indicators (KPIs) are included in the text of this report.
Annual financial data relates to the company's financial year (2 January to 31 December 2023). Sustainability and other non-financial data are reported in line with either the company's financial or book year (depending on the data).
Figures in this report are presented generally in euros (€), Action's main reporting currency. Figures are rounded to the nearest million, and refer to the entire Action organisation (unless stated otherwise).
Due to rounding, certain figures in this report may not tally exactly. In addition, please be aware that certain percentages have been calculated using rounded numbers.
We carry out a regular materiality assessment. Its purpose is to define our material topics, which provide the basis for our reporting and strategy. Our latest assessment, carried out in 2023, was the first to use the new double materiality process in line with the CSRD; our previous 2022 assessment used a single materiality approach, as defined under GRI standards. Our 2023 assessment identified eight material topics (see table below). Of these, seven were unchanged from our 2022 assessment, while one – Diversity, equity, inclusion and growth – was added.*
Our assessment involved four steps:
Creating an overview of Action’s business activities – which was used to identify our main stakeholder groups
Drafting a list of possible material topics and defining potential impacts, risks and opportunities for each
Assessing these impacts, risks and opportunities against both financial and impact materiality to provide a double perspective (inside-out and outside-in)
Using the results from our assessment to prioritise topics and decide on disclosures
This assessment was overseen by a special Steering Committee and results discussed by Action’s ASP Committee, which is chaired by our CEO and includes our CFO. Please refer to double materiality guidelines issued by the European Financial Reporting Advisory Group (EFRAG) for more information on double materiality assessments.
* This combines a new topic (Diversity, equity and inclusion) and a previous topic (Recognition and personal growth).
Tax responsibility
We have decided not to set a KPI for Tax responsibility, given that amount of tax payments are the result from financial performance and the prevailing tax regime.
Diversity, equity, inclusion and growth
Average training hours
Average number of hours employees spend in training annually, calculated as total hours of training provided divided by total number of employees with permanent Action contract.
Please note: we plan to develop a second KPI relating to this material topic as part of our Diversity, equity & inclusion programme
Product quality and safety
% technical transparency (for private and white label products)
Percentage of products, excluding A-brands, for which Action has full technical transparency (i.e., where Action has complete product specification details).
Responsible sourcing
% supply chain transparency (for private and white label products)
Percentage of private and white label products, for which Action has identified final producers and screened these against the company’s minimum social and environmental standards.
Sustainable packaging
% recyclable materials used in packaging
Percentage by weight of materials used in packaging, qualifying as recyclable (i.e., that can be reused or repurposed).
Energy and emissions
Scope 1 emissions (in CO2 equivalent)
Total Scope 1 emissions, as defined under the Greenhouse Gas Protocol (i.e., direct emissions from sources owned or controlled by Action).
Scope 2 emissions (in CO2 equivalent) – market-based
Total Scope 2 emissions, as defined under the Greenhouse Gas Protocol (i.e., indirect emissions resulting from the generation of energy purchased by the company).
Scope 3 emissions (in CO2 equivalent)
Total Scope 3 emissions, as defined under the Greenhouse Gas Protocol (i.e., indirect emissions occurring in Action’s wider value chain, both upstream and downstream).
Please note that, in this report, we are publishing a baseline calculation for 2021. Annual scope 3 emissions data will be included from our 2024 report onwards.
Product circularity
% circularity in product assortment (CTI score)
Percentage of ‘circularity’ included in Action products, as measured by the Circular Transition Indicator (CTI)*, showing degree to which circularity principles are applied to products, by weight and sales.
*Developed under the auspices of the World Business Council for Sustainable Development (WBCSD). For more information, see wbcsd.org
Available and affordable products
Perceived price level score (GfK)
Customers’ perception of a product in relation to its price (measured independently by GfK).