With the adoption of the EU’s Corporate Sustainability Strategic UN Sustainable Development Goals: Reporting Directive in late 2022, the concept of double action 昀椀eld our prioritization materiality was introduced. A double materiality analysis is the process of identifying and prioritizing sustainability topics from an outside-in and inside-out perspective. Material topics are those that (may) trigger material 昀椀nancial effects on our development (outside- in), or through which we (may) have a material impact on society or the environment (inside-out). This analysis is required by the CSRD and is an essential 昀椀rst step Environment towards regulatory compliance. We started our double Umwelt materiality analysis in 2023 and intend to 昀椀nish it by mid-2024. The analysis is the basis for updating our sustainability strategy and de昀椀ning the scope of our future sustainability reporting. Our sustainability results are assessed annually by the international, independent sustainability rating agency EcoVadis, which is recognized as a globally accepted standard for holistically assessing the sustainability performance of companies in the categories of People Environment, Labor Practices, Fair Business Practices Menschen and Sustainable Procurement. For the third year in a row, we achieved a gold rating and are thereby ranked among the top 5 percent of more than 100,000 companies evaluated by EcoVadis worldwide. Society Gesellschaft