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Value chain and double materiality assessment

Rugvista’s value chain forms the basis of our double materiality assessment. By analyzing where in the value chain our impact, as well as our business risks and opportunities, arise, we can identify and prioritize the sustainability topics that are most material to the company.

Value chain

The value chain covers the entire lifecycle of our rugs, from design and material choices to production, transport, sales, and use by customers. The largest share of our environmental and climate impact arises from materials and manufacturing in the supply chain.

To reduce this impact, we work with clear supplier requirements, the development of more sustainable material choices, and initiatives that strengthen circularity through reuse and recycling. The value chain is a key foundation for our priorities within Planet, People, and Governance.

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Double materiality assessment

In 2024, Rugvista conducted a double materiality assessment based on the principles of ESRS and CSRD. The assessment continues to form the basis for our sustainability priorities.

Although Rugvista is not currently subject to CSRD, we continue to develop our sustainability reporting in line with the principles of the EU regulatory framework. This work strengthens our ability to identify and manage sustainability-related risks and opportunities, while contributing to increased transparency and more structured reporting.

The assessment was based on a systematic mapping of actual and potential impacts, as well as an evaluation of financial risks and opportunities across the value chain. Stakeholder dialogue, internal workshops, and analysis of the business model were central components of the process.

The results have provided a clearer prioritisation of Rugvista’s most material sustainability topics and form the basis for our strategy, targets, and follow-up. The identified topics include both those that are material from an impact perspective and those that are financially significant to the company.

Process for the double materiality assessment

01

Update and scope

 

The work was based on Rugvista’s previous materiality assessment and was updated through a review of the business model, value chain, and relevant sustainability topics.

Stakeholder engagement was conducted through interviews, internal workshops, and customer insights. Nature was included as part of the analysis in line with ESRS.

02

Identification of impacts, risks, and opportunities

 

Actual and potential impacts, as well as financial risks and opportunities, were identified through industry analysis, internal discussions, and insights from stakeholder engagement. The work covered both impacts on people and the environment, as well as risks and opportunities related to Rugvista’s operations and value chain.

 

03

Assessment and prioritization

 

All topics were assessed using a structured scoring model and clearly defined thresholds. The assessment covered the severity and likelihood of impacts, as well as financial relevance. The results formed the basis for prioritizing Rugvista’s most material sustainability topics.

 

 

 

Below, Rugvista’s material topics are presented based on the double materiality assessment (DMA). The diagram shows which topics have been assessed as material from an impact perspective, a financial perspective, or both.

material topics

 

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