The Non-Financial Group Report
For the third time, the HORNBACH Group publishes a non-financial report (financial year 2019/2020). HORNBACH thus complies with the statutory reporting obligations resulting from the CSR Directive Implementation Act (CSR-RUG).
The non-financial report explains the objectives, strategies, measures and key figures relating to the main sustainability topics of the HORNBACH Group: PDF (216.89 kB)
Pursuant to § 289c of the German Commercial Code (HGB), non-financial topics count as material when they have significant implications for CSR aspects (environment, employees, human rights, social welfare, and anti-corruption) and are also relevant to the Group’s business activities (business performance, business results, and situation).
In the 2019/20 financial year, the managers responsible for the respective topics at the Group, including representatives of both HORNBACH Baumarkt AG and HORNBACH Baustoff Union GmbH, reviewed whether their assessment of the non-financial topics within the Group’s own business activities or supply chain and at customers which impact on the aspects defined in § 289c HGB had changed to any significant extent compared with their assessment in the previous year. To this end, in an updated materiality matrix the non-financial topics were evaluated in terms of their relevance for our business activities and their implications for the aspects defined in § 289c HGB.
The managers responsible for the respective topics concluded that the following material topics identified in the 2018/19 financial year and presented below are still equally valid. These topics have therefore also been taken as the basis for the 2019/20 Non-Financial Group Report:
- Product range and customer information
- Responsible procurement
- Product responsibility
- Employee satisfaction and loyalty
- Employee recruitment
- Employee development
The findings were agreed with the Board of Management of HORNBACH Management AG in order to ensure consistent and comprehensive reporting for the overall Group.
On the following pages there are also other sustainability topics whose further development is important to HORNBACH, but not essential in the sense of the CSR-RUG.
Personnel-related matter: Karin Dohm to join Boards of Management at Hornbach Baumarkt AG and at Hornbach Management AG
Ad-hoc announcement: Hornbach Group expects significant earnings growth in second quarter of 2020/21 as well and adjusts full-year outlook