Rvrc Holding Ab · OMXSTO:RVRC
Rvrc Holding Ab — RevolutionRace — ESG Presentation (May 2021)
55 slides from Rvrc Holding Ab's sustainability presentation, May 2021
Slide 1: Sustainability Presentation
SUSTAINABILITY PRESENTATION
Slide 2: Table of Content
RevolutionRace Sustainability Presentation TABLE OF CONTENT Page Chapter 03-05 Founders Story 06-08 A Responsible Race 09-24 Our Product 25-31 Our People 32-44 Our Planet Founders Story A Responsible Race Our Product 45-55 Our Supply Chain Our People Our Planet Our Supply Chain RevolutionRace Sustai
Slide 3: Founders Story
RevolutionRace Sustainability Presentation FOUNDERS STORY Founders Story / 03
Slide 4: Our next big and urgent challenge is to limit our environmental impact
RevolutionRace Sustainability Presentation Our story OUR NEXT BIG AND URGENT CHALLENGE IS TO LIMIT OUR ENVIRONMENTAL IMPACT If we want to leave nature in good shape for the next generation everyone needs to act now. We are currently investing a lot of e orts in understanding our emissions. Where the
Slide 5: Since the start we had a vision to build the world's best workplace
RevolutionRace Sustainability Presentation Our story SINCE THE START WE HAD A VISION TO BUILD THE WORLDS BEST WORKPLACE Even in Sweden diversity, inclusion and equal opportunities cannot be taken for granted. Since the start we had a vision to build the worlds best workplace. An inclusive workplace
Slide 6: A Responsible Race
RevolutionRace Sustainability Presentation A RESPONSIBLE RACE A Responsible Race / 06
Slide 7: A Responsible Race
RevolutionRace Sustainability Presentation A Responsible Race A RESPONSIBLE RACE At RevolutionRace we strive to be an attractive employer and act socially and environmentally responsible. We put great e orts into always complying with international and national conventions and legislations. We call
Slide 8: Priorities
RevolutionRace Sustainability Presentation A Responsible Race .. Durable and safe products . PRIORITIES Inspired employees Social responsibility in our supply chain + A RESPONSIBLE RACE .. Climate protection . Circularity of resources Environmental responsibility in our supply chain A Responsible Ra
Slide 9: Our Products
RevolutionRace Sustainability Presentation OUR PRODUCTS Our Products / 09
Slide 10: Our Product Achievements
RevolutionRace Sustainability Presentation Our Products OUR PRODUCT 0.5% overproduction No garments to landfill (ever) ACHIEVEMENTS 80% continous assortment No fur Product sustainability achievements in 2019/2020 RevolutionRace designs multifunctional outdoor apparel with colorful durable designs and
Slide 11: Our Product Promises
RevolutionRace Sustainability Presentation Our Products OUR . . Keep overproduction below 3% Increase share of more sustainable PRODUCT polyester, nylon and cotton . Introduce repair kits and new labels for more sustainable customer care in 2021 . PROMISES Source 100% of trims from nominated supplie
Slide 12: Wasteful overproduction in the apparel industry
RevolutionRace Sustainability Presentation Our Products WASTEFUL OVERPRODUCTION IN THE APPAREL INDUSTRY The apparel industry is unfortunately leaving a significant negative environmental footprint on nature. A large part of this footprint is caused by overconsumption, overproduction and the resulting
Slide 13: No overproduction at RevolutionRace
RevolutionRace Sustainability Presentation Our Products NO OVERPRODUCTION AT REVOLUTIONRACE The best an apparel company can do to become more sustainable is to avoid overproduction and produce durable clothes that lasts for many years. This will save the planet from resources going into clothes that
Slide 14: Our recipe to avoid product waste and overproduction
RevolutionRace Sustainability Presentation Our Products OUR RECIPE TO AVOID 1. Continuous product improvements Continuously update products based on customer PRODUCT WASTE AND feedback to meet demand and reduce returns OVERPRODUCTION 2. Non-seasonal Keep a high share of non-seasonal tried and tested
Slide 15: Circular Race
RevolutionRace Sustainability Presentation Our Products CIRCULAR RACE There is an increased awareness in the apparel industry that the linear model of production and consumption based on “take, make and dispose”, needs to be exchanged with a more circular recycle model using less resources, and keep
Slide 16: Reduce through durability
RevolutionRace Sustainability Presentation Our Products REDUCE THROUGH DURABILITY The best we can do to protect the environment and preserve nature is to consume less. No matter how sustainable a product is, it can seldom justify the use of two products instead of one. At RevolutionRace sustainabili
Slide 17: A stronger thread can make a durable difference
RevolutionRace Sustainability Presentation Our Products A STRONGER THREAD CAN MAKE A DURABLE DIFFERENCE WATCH NICLAS TESTING THE In 2016 RevolutionRace was still a small company but demand for our pants was growing and we THREAD IN VIETNAM 2019 started cooperating with a new supplier in Vietnam. Whe
Slide 18: Our materials
RevolutionRace Sustainability Presentation Our Products OUR MATERIALS The choice of materials for products has a major influence on the social and environmental impact of fashion. That is why recent years have seen such a focus on more sustainable materials. Cotton often uses pesticides and a lot of
Slide 19: Fiber use 2019/2020
RevolutionRace Sustainability Presentation Our Products FIBER USE 2019/2020 100% = 246.858 KG FIBER USE 2019/2020 Polyester and Nylon Polyester 46% For 2019/2020 we made a full transparency of our fiber use. Nylon 29% 46% of our fiber use is polyester and 29% is nylon. We have chosen polyester and nyl
Slide 20: Recycle – RVRC GP Pro pants in recycled polyester and nylon
RevolutionRace Sustainability Presentation Our Products RECYCLE – OUR RVRC GP PRO PANTS IN RECYCLED POLYESTER AND NYLON Together with two of our most trusted partners we have remade one of our bestselling pants, the RVRC GP Pro Pants in recycle polyester and nylon. “It was not an option to compromis
Slide 21: Care and repair
RevolutionRace Sustainability Presentation Our Products CARE Our products last longer and have less environmental impact during customer use if they are cared for in the right way and given on after end-of-use. We have updated all our care labels to help our customers with that. We will start using
Slide 22: Product safety
RevolutionRace Sustainability Presentation Our Products PRODUCT SAFETY When we produce our clothes, we want bright and beautiful colors and comfortable wear. We also want our outerwear to be dirt and water-repellent – even under extreme weather conditions. This we achieve with chemicals. With the RE
Slide 23: PFCs
RevolutionRace Sustainability Presentation Our Products PFCS With our chemical management to ensure product safety we take potential health an environmental hazards of chemicals in our products very serious. To protect our customers and the environment we decided in 2019 to completely refrain from u
Slide 24: Microfibers
RevolutionRace Sustainability Presentation Our Products MICROFIBERS When yarns and fabrics are washed during production and by consumers, they release very small microfibers into the water and without very good sewage systems, these microfibers end up in the oceans. Microfibers have been found in fish a
Slide 25: Our People
RevolutionRace Sustainability Presentation OUR PEOPLE Our People / 25
Slide 26: RevolutionRace family grew a lot
RevolutionRace Sustainability Presentation Our People REVOLUTIONRACE FAMILY GREW A LOT… 2014 2018 2020 Today 2016 Pernilla and Niclas 5 employees that are 19 employees and 46 Employees and 75+ Employees and produced their first pants all still with us and 77 149 customer reviews 207 237 customer revi
Slide 27: Our People Achievements
RevolutionRace Sustainability Presentation Our People OUR PEOPLE Female CEO 66% women ACHIEVEMENTS People sustainability achievements in 2019/2020 40% women in management 14% women on Board When we started RevolutionRace in 2014 we were just two employees. Now 7 years later we 43% new hires are over
Slide 28: Our People Promises
RevolutionRace Sustainability Presentation Our People OUR . . Introduce employee satisfaction survey PEOPLE Keep employee satisfaction high . and absence low as we grow. . Continue annual appraisal reviews for all PROMISES . Implement onboarding program Train all employees in anti-corruption policy
Slide 29: All our employees have a customer first mindset
RevolutionRace Sustainability Presentation Our People ALL OUR EMPLOYEES HAVE A CUSTOMER FIRST MINDSET Since the very beginning we set out to build RevolutionRace as the world’s best work place. For us this means motivated employees with a strong sense of belonging to the company and a growing and sa
Slide 30: Being fair and promoting equal opportunities
RevolutionRace Sustainability Presentation Our People BEING FAIR AND PROMOTING EQUAL OPPORTUNITIES Diversity, inclusion and equal opportunities cannot be taken for granted. It is a topic we are very aware of, and we will continue to work on. We especially encourage women to take leadership positions
Slide 31: Ethical business conduct
RevolutionRace Sustainability Presentation Our People ETHICAL BUSINESS CONDUCT We want to be clear to our employees and business partners about our values and principles. Since the very beginning we set out to build RevolutionRace as the worlds’ best workplace. We want our employees to have fun at w
Slide 32: Our Planet
RevolutionRace Sustainability Presentation OUR PLANET Our Planet / 32
Slide 33: Our Planet Achievements
RevolutionRace Sustainability Presentation Our Planet OUR PLANET Transparency on our GHG emissions in Scope 1, 2 and part of 3 Only 10t CO2e in own operations ACHIEVEMENTS Accept airfreight only as an exception Transparency on our packaging Planet sustainability achievements in 2019/2020 Limiting gl
Slide 34: Our Planet Promises
RevolutionRace Sustainability Presentation Our Planet OUR . . Full transparency on all emissions in our value chain Set an ambitious emission reduction target PLANET . . 100% renewable electricity and carbon neutral in own operations by 2023 PROMISES Develop a sustainable packaging strategy . Reduce
Slide 35: Climate change is the most urgent global challenge
RevolutionRace Sustainability Presentation Our Planet CLIMATE CHANGE IS THE MOST URGENT GLOBAL CHALLENGE Limiting global warming and avoiding the worst e ects of climate change is the most urgent task the world is facing. Science shows the world must half emissions by 2030 and reach net-zero emissio
Slide 36: The apparel industry will contribute
RevolutionRace Sustainability Presentation Our Planet THE APPAREL INDUSTRY WILL CONTRIBUTE Today the apparel industry produces up to 10% of global greenhouse gases. In recent years the industry has become well known for its large emissions, but it is also known for its unrivaled creativity and great
Slide 37: RevolutionRace will continue to be part of the solution
RevolutionRace Sustainability Presentation Our Planet REVOLUTIONRACE WILL CONTINUE TO BE PART OF THE SOLUTION At RevolutionRace we feel a special obligation to be part of the solution and preserve our planet. Our company exists to help our customers and future customers to enjoy nature. We have team
Slide 38: Climate neutral in our own operations by 2023
RevolutionRace Sustainability Presentation Our Planet CLIMATE NEUTRAL IN OUR OWN OPERATIONS BY 2023 We are proud that our emissions from own operations are already very low. 10t CO2e! That is the equivalent of the yearly emissions of less than three passenger cars. The reasons are obvious: For the s
Slide 39: Emissions in our value chain
RevolutionRace Sustainability Presentation Our Planet EMISSIONS IN OUR VALUE CHAIN THIS IS WHAT WE DO: Our transparency work shows that almost 100% of our emissions are outside our own operations. They come from transporting our products from the factories to our Suppliers on renewable energy We giv
Slide 40: Our transportation
RevolutionRace Sustainability Presentation Our Planet OUR TRANSPORTATION Our production takes place in Asia, and we want to transport our products to our warehouses with a minimal environmental footprint. Our total GHG emissions from our factories to the warehouse was 75 tCO2e in 2019/20. It has alw
Slide 41: Off-line versus on-line emissions
RevolutionRace Sustainability Presentation Our Planet OFF-LINE VERSUS ON-LINE EMISSIONS Since we only sell online RevolutionRace does not have emissions from any own retail stores or from retail partners like traditional apparel brands. But e-commerce has also been challenged for its emissions due t
Slide 42: Returns
RevolutionRace Sustainability Presentation Our Planet RETURNS In 2019/20 our returns were 28%. We have worked hard to optimize our return management, less than 1% of the returns were faulty and the rest could be resold. No waste here! But we still want to avoid the added transportation and packaging
Slide 43: Our packaging
RevolutionRace Sustainability Presentation Our Planet OUR PACKAGING We use packaging when sending our products to our warehouses and to our customers. This packaging is protecting our products to arrive undamaged to our customers on the journey from factory to container ship, warehouse and final tran
Slide 44: Developing a packaging strategy
RevolutionRace Sustainability Presentation Our Planet DEVELOPING A PACKAGING STRATEGY In 2021 we are introducing polybags made of recycled plastic and we are developing a packaging strategy. We are working on each of the packaging types to reduce their impact by using less material, using recycled o
Slide 45: Our Supply Chain
RevolutionRace Sustainability Presentation OUR SUPPLY CHAIN Our Supply Chain / 45
Slide 46: Our Supply Chain Achievements
RevolutionRace Sustainability Presentation Our Supply Chain OUR SUPPLY CHAIN 100% of suppliers have signed our Code of Conduct 87% of suppliers with BSCI audit ACHIEVEMENTS No suppliers with known breaches of RVRC chemical guidelines Suppliers covering 80% of our volume participating Supply chain su
Slide 47: Our Supply Chain Promises
RevolutionRace Sustainability Presentation Our Supply Chain OUR . SUPPLY 100% of suppliers with good BSCI audit by 2023 . Full traceability on our Nordwand and RVRC GP products by 2022 . CHAIN . RVRC environmental policy for all suppliers Use Higg FEM Index in Tier 1 & Tier 2 . Social and environmen
Slide 48: The complex supply chain in apparel production
RevolutionRace Sustainability Presentation Our Supply Chain THE COMPLEX SUPPLY CHAIN IN APPAREL PRODUCTION A key sustainability challenge of apparel companies is the very complex supply chain: Di erent products are manufactured in distinct factories often throughout the world. These manufacturing co
Slide 49: A transparent and responsible supply chain
RevolutionRace Sustainability Presentation Our Supply Chain PRODUCTION BY COUNTRY 2019/2020 A TRANSPARENT AND 100% = 246 TONS RESPONSIBLE SUPPLY CHAIN We have chosen each of our suppliers to match RevolutionRace and our values. Several of them have been with us since the very beginning. It has alway
Slide 50: Social responsibility and our code of conduct
RevolutionRace Sustainability Presentation Our Supply Chain SOCIAL OUR CODE OF CONDUCT RESPONSIBILITY Freedom of association Workers should have the right to form unions in a free and Human rights and social responsibility is our & collective bargaining democratic way and to bargain collectively firs
Slide 51: BSCI audits
RevolutionRace Sustainability Presentation Our Supply Chain BSCI AUDITS The BSCI audit is evaluating our suppliers on their compliance with our principles as defined in our Code of Conduct: Are workers allowed to organize? are they paid fairly? Do they have written contracts? do they have an acceptab
Slide 52: Warehouses and fulfillment centers
RevolutionRace Sustainability Presentation Our Supply Chain WAREHOUSES AND FULLFILLMENT CENTERS Since the very beginning we set out to build RevolutionRace as the worlds’ best workplace. We want our employees to have fun at work, and we want to motivate them to learn more, and inspire them to challe
Slide 53: Environmental responsibility in our supply chain
RevolutionRace Sustainability Presentation Our Supply Chain ENVIRONMENTAL RESPONSIBILITY IN OUR SUPPLY CHAIN We know the majority of our emissions are taking place in our supply chain. But there are also many other environmental topics we want to address like water consumption, chemical management a
Slide 54: Traceability
RevolutionRace Sustainability Presentation Our Supply Chain TRACEABILITY On our bestselling Nordwand and RVRC GP products we want full traceability. We know the garment manufacturers, the fabric mills and the trims suppliers well. By using the Higg FEM Index we will get to know them even better. And
Slide 55: Chemical management
RevolutionRace Sustainability Presentation Our Supply Chain CHEMICAL MANAGEMENT Responsible chemical management to ensure product safety has always been a very high priority for us. Our standards are following the EU REACH legislation and described in our Code of Conduct. All our products are evalua