Our vision for a sustainable world

Through our actions and work, we strive to shape a positive future for the world. We want to actively contribute to making the world a better place for everyone.

Guided by international standards such as the Go United Nations’ Sustainable Development GoGoals (SDGs Go)and the Paris Climate Agreement—which in turn Goinform the GoEuropean Union’s ESG (Environmental, Social, and GoGovernance)standards—we are constantly working to ensure that our company is committed not only to economic goals but also to fulfilling our environmental and social responsibilities. Therefore, we strive to fulfill these commitments in all aspects of our business and to contribute to a healthy and just world.

You can find more information about the United Nations' SDGs here:
https://unric.org/de/17ziele/
You can learn more about ESG from the European Commission here:
https://sdgs.un.org/goals

Our mission

How do we want to make sustainability tangible?

Based on legal requirements—and even going beyond them—we have defined clear and measurable key performance indicators (KPIs) that we review regularly to ensure we are making progress toward our sustainability goals. These KPIs drive us forward and enable us to track and adjust our progress.

What makes us special?

Most of our products are not only durable but are also designed to be collectibles, which enhances their longevity and value—many products remain in the home for a lifetime or are passed down from generation to generation.

Our strategy to achieve our ESG goals

Through our actions and work, we strive to shape a positive future for the world. We want to actively contribute to making the world a better place for everyone.

Learn more about the Carrera Revell Group’s initiatives Carrerain the ESG areas, such as: E = Environment, S = Social, and G =GoGovernance.

GoGovernance/Corporate Governance

Corporate policy

Carrera Revell is proud to be a member of the German Toy Industry Association (DVSI). This membership demonstrates our commitment to the highest standards and quality in the toy industry.

Our supplier relationships are largely based on long-standing partnerships. Payment terms are clearly defined, and in some cases, suppliers receive advance funding. A binding Code of Conduct governs our collaboration with suppliers and ensures that ethical and fair practices are upheld. We implement ESG KPIs by adopting the CSRD (Corporate Sustainability Reporting Directive) in accordance with the ESRS (European Single Reporting System) and preparing reports in line with the taxonomy guidelines. In addition, we are working on reports and sustainability reports.

Comprehensive compliance guidelines are in place at our main locations, which every employee must sign. These rules ensure that our business is conducted in accordance with legal and ethical standards. We are currently working to standardize and implement these compliance rules across the entire corporate group.

We provide our employees with a dedicated whistleblower email address. This allows them to report concerns or misconduct anonymously, thereby contributing to the transparency and integrity of our corporate governance.

Gender Equality and Inclusion

At Carrera Revell , inclusion at every level is a given for us.We are committed to ensuring that all employees have the same opportunities and rights, regardless of gender, background, or other characteristics.

Our workforce throughout the supply chain, as well as our manufacturers, are certified according to BSCI standards. This certification ensures compliance with social and environmental standards, enabling us to promote fair and sustainable production.

Our products are accessible to all customers without restriction. This means that everyone, regardless of their personal characteristics, has access to our products and can enjoy them.

Supply Chain Protection Act

We comply with the Supply Chain Protection Act (LKSG) and the Corporate Sustainability Due Diligence Directive (CSDDD). We use various communication tools to respond to inquiries from customers, retailers, and end consumers. Through our Code of Conduct, compliance guidelines, and BSCI certifications, we ensure that our suppliers comply with the LKSG.

Environment/Environmental protection

Sustainable Consumption and Production

Customer and repair service

Carrera Revell offers its customers a comprehensive repair service to ensure that products have a long service life and that customers can enjoy them for years to come. Our goal is to provide efficient customer service that meets our customers’ needs. To this end, we continuously optimize our processes to ensure fast and reliable repair service.

The positive impacts of our repair service are manifold. First, we enable our customers to repair and continue using their products instead of throwing them away and buying new ones. In doing so, we make an important contribution to reducing waste and conserving resources. Furthermore, we promote sustainable consumption by prioritizing the durability and repairability of our products.

Our repair services also help strengthen our customers’ trust in our brand, as they can count on us to continue supporting them even after their purchase. Overall, our repair services are an important part of our sustainability strategy and an example of how we can make a positive contribution to the environment through innovative solutions.

Packaging

Carrera Revell has set an ambitious goal to revolutionize the packaging of its products and make it more environmentally friendly.

Carrera Revell products are already Carreraavailable in open packaging without plastic windows. The amount of plastic in outer packaging has been significantly reduced or eliminated entirely. Where possible, plastic bags are being replaced with paper bags or reduced to a minimum. In addition, the use of Styrofoam and polyfoam has been largely eliminated, with cardboard and paper trays made from recycled materials used instead. The packaging has been downsized overall, and PVC is no longer used.

This transition has several positive effects. For one thing, it significantly reduces our consumption of raw materials and contributes to protecting the environment. By using sustainable materials, we also reduce the environmental impact of our entire product lifecycle, from manufacturing to disposal.

By reducing the size of our packaging, we also minimize the volume required for transport and storage. This has a positive impact on the environment by reducing greenhouse gas emissions.

The switch to sustainable packaging materials and the reduction in the size of our packaging are important steps on our path toward more environmentally friendly and sustainable product design. CarreraRevell is committed to pursuing these goals with determination and dedication in order to make a positive contribution to the preservation of our environment.

Durable products

Carrera Revell products Carreraare already known for their remarkable durability. Our goal is to continue offering products that meet this high standard and exceed our customers’ expectations.

The durability of our products has a positive impact on the environment, as it helps reduce waste. By using high-quality materials and robust designs, our products can be used for long periods of time without losing any of their quality or performance. This reduces the need to replace products frequently and thus minimizes the waste that ends up in landfills or needs to be recycled.

Our commitment to durability is a central component of our sustainability strategy and a testament to our dedication to offering products that not only meet our customers’ needs but also make a positive contribution to preserving our environment.

Climate change

Adaptation to climate change

Adapting to the challenges of climate change is of critical importance for businesses, as it has far-reaching implications for a wide range of business areas. On the one hand, consumer behavior is shifting toward a greater focus on sustainable products. Consumers increasingly prefer environmentally friendly and socially responsible offerings. Companies that recognize and act on these trends early on have a clear advantage.

At the same time, climate change is leading to significant fluctuations in raw material prices and service costs. Climate-related events such as droughts, storms, or floods can disrupt production and significantly increase the cost of raw materials. Transportation is also repeatedly disrupted by natural disasters, which can lead to supply bottlenecks and higher transportation costs.

Overall, it is essential for companies like ours to proactively adapt to the challenges of climate change—which is why we plan to implement various measures in the future.

Climate protection

To actively promote climate protection and adapt to climate change, we will be implementing a series of changes in the future. Our products, which have largely been made of plastic and manufactured in the Far East, will increasingly be produced using alternative, sustainable raw materials. This will allow us to reduce our use of petroleum-based materials and decrease our dependence on non-renewable resources.

We will also be exploring new approaches to transportation. While shipping to Europe remains our preferred mode of transport, we will increasingly rely on lower-emission transport modes and methods to minimize our environmental footprint. This could include the use of more energy-efficient ships or alternative energy sources. At the same time, we are developing alternative marketing and distribution concepts to optimize supply chains and reduce associated emissions.

We manufacture at various locations. In addition to China, we have deliberately established production sites in Europe and the U.S. near our distribution centers to reduce transportation distances and the associated CO2 emissions.

Another key focus is on resource conservation. We will implement measures to reduce energy and water consumption and use existing raw materials more efficiently. This includes optimizing production processes as well as promoting recycling and the circular economy.

To assess and manage our efforts, we create comprehensive carbon footprints (CCF) for all locations, including relevant Scope 3 emissions. This enables us to identify and implement targeted measures to reduce emissions. Through these comprehensive adjustments and our focus on sustainable practices, we are actively contributing to climate protection while ensuring the long-term viability of our company.

Energy

Although the companies within the Carrere Revell Group do not operate any manufacturing facilities themselves, we are aware that our suppliers use energy-intensive production processes. For this reason, we are actively addressing the issue of energy consumption and are currently exploring the transition to green electricity and alternative energy sources within our supply chain. Through these measures, we aim to contribute to reducing our carbon footprint and improving the sustainability of our entire value chain. The use of renewable energy and the promotion of energy-efficient technologies are at the heart of our efforts to minimize our environmental impact and promote more environmentally friendly production methods in the long term.

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More information about sustainability at the Carrera Revell Group

The future EU-wide sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) in accordance with the European Sustainability Reporting Standards (ESRS) and the Taxonomy Regulation will be included in the future annual management report. This report will be audited by the auditor along with the financial statements.

If you have any questions, please contact our ESG Officer:

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