3. Objectives

The company discloses what qualitative and/or quantitative as well as temporally defined sustainability goals have been set and operationalised and how their level of achievement is monitored.

Fenix Outdoor reports the progress on individual indicator sets regularly in the annual CSR Report. The report follows the current GRI Standards criteria set. An index on the different indicators and the reference pages including comments are given in the back of the CSR Report 2018 (pp. 40-42).

The targets set in our report on the respective Fact Sheet pages and in our Fenix Way are on a fairly long-term basis, (2012 to 2020). Many of these targets will be broken down to more short-term goals to manage the timespan until 2020. However, this is done on the basis of individual companies with reasonable priority setting. Also the targets have different relevance for our brands within the Fenix Outdoor Group. Hence, they will be incorporated into each brand`s strategic documents according to each brand`s priority list. Some of the targets are nevertheless to be implemented Fenix Outdoor wide. From a risk assessment perspective, sustainability forms an important aspect in our business development. Climate change may influence market shares and product ranges in the long run. The impacts, however, will not significantly differ from those of our competitors and major other corporate actors. We envisage that through protective efforts and product innovations as well as adaptation strategies the risk can be managed. However, this does not mean that inaction and business as usual are options for the future. In concrete terms, Fenix has compensated and overcompensated  all CO2 emissions from own operations (offices, production, business travel, shipments, commutes), some supply chain operations (supplier's CO2e emissions in Croatia) and products (CO2 neutral cook stoves, gas and gas containers; CO2 neutral backpacks and partly garmetns). We are the only company who ever has done that. For Fenix Outdoor Cliamte Change remains the biggest challenge and it is our intrinsic wish to keep our impact as low as possible. Our materials choice has become more sustainable over the past years (according to the MSI/Higg Index suite) and we are winning awards for this change-over. If we want to protect our planet, we need to get to a circular business model, based on input materials that are renewable or/and recycleable. Our suplly chain is fully controlled regarding extreme labor rights violations (child labor, forced labor and alike). FLA has accreddited our system and we are among the leading companies workld-wide. We continue our path and set even more ambitions goals in the future.

In 2019 an updated version of the Fenix Way will be published, covering our 2020-2025 strategy and goals.