ESG in Action: Our First Non-Financial Report

At Chemnovatic, we believe that transparency and responsibility are essential foundations for long-term growth – not only for us, but for the entire nicotine NGP industry. That’s why we’ve recently completed our first Non-Financial Report, aligned with the European Sustainability Reporting Standards (ESRS) and the Global Reporting Initiative (GRI) framework.

This achievement marks a significant step forward in the way we communicate our environmental, social and governance (ESG) performance and how we understand our role in driving a more sustainable, smoke-free future.

The process behind the report involved months of collaboration, internal analysis and stakeholder input. Some of the key components included:

• Double Materiality Assessment (DMA): We identified the most important sustainability topics especially those that significantly impact the environment and society, and those that influence our business success.
• Stakeholder engagement: We actively consulted with clients, suppliers, employees and other partners to better understand expectations and concerns.
• ESG data collection and mapping: We developed a comprehensive system to collect data across all relevant business areas, covering environmental performance, social indicators, and corporate governance.
• Framework alignment: We created a clear index of content based on GRI guidelines to support comparability and transparency.
• Verification and quality checks: All disclosures underwent thorough internal validation to ensure accuracy, consistency and integrity.

The Non-Financial Report reflects our commitment to being a reliable, transparent and accountable partner across the global nicotine supply chain. It demonstrates how we integrate sustainability into every aspect of our operations: from sourcing and production to safety, compliance and stakeholder engagement.

We chose to follow both ESRS and GRI frameworks for one reason: to meet the expectations of our partners, customers, and regulators with clarity, credibility, and global comparability.

• ESRS is the official standard introduced under the EU’s Corporate Sustainability Reporting Directive (CSRD), designed to ensure harmonised and consistent ESG reporting within the European market.
• GRI is a globally recognised framework, used by thousands of companies worldwide, enabling broader alignment and understanding across markets.

By combining both, we ensure that our report responds to European regulations while staying relevant and understandable for our international B2B partners.

Our Non-Financial Report provides a solid foundation for:

• Stronger collaboration – aligned values, shared goals, and transparent communication
• Informed business decisions – through credible, structured ESG insights
• Regulatory readiness – especially for EU-based partners facing evolving CSRD obligations
• Trust and reputation – built on verified performance and measurable actions
• Continuous improvement – with clearly defined ESG goals and monitoring systems in place

Our Non-Financial Report reflects how we turn values into action, and ambition into structure. It also supports our mission to help partners develop safer, high-quality, smoke-free alternatives, built on responsibility and innovation.

We will continue to evolve our ESG strategy in response to global challenges, regulatory change, and stakeholder expectations. Because a sustainable future in nicotine technologies begins with transparency today.