Sustainability and responsible action are an integral part of our daily activities in the Schloss Wachenheim Group. We base our business activities on the legal systems of the various countries, which give rise to a wide range of obligations for the group companies and their employees at home and abroad, and in doing so we carefully weigh up economic success, social justice and ecological compatibility.

As a group of companies whose business model is based on the natural product wine, we see ourselves as having a special responsibility towards people and nature. In this respect, the protection of the necessary resources of water, soil and air as well as the economical use of raw materials and energy are an essential part of our business policy.

With their brands and products, our group companies have been firmly established in their respective markets for many decades. However, these differ not only in terms of their legal and economic framework, but also in their respective market conditions and consumer habits. Accordingly, there are significant differences in the product ranges and the depth of value creation of our group companies.

• In Germany, we produce and sell not only sparkling wine and semi-sparkling wine, but also dealcoholized products, wine-based cocktails and children’s drinks. We are also active in the production of premium wines with the VDP winery Reichsgraf von Kesselstatt and in the wine retail with Rindchen’s Weinkontor, Vino Weinhandels GmbH and GW Weintrend GmbH, which together represent more than 20 % of the revenue volume of the German subgroup.
  
  
• In France, the production and sales portfolio of Compagnie Française des Grands Vins S.A. comprises predominantly sparkling wine (Vins Mousseux and Vins Mousseux de Qualité) and almost no outsourced finished products.
  
  
• In East Central Europe, the proportion of commercial goods or products filled by third parties is significantly higher than in the other operating subgroups. In addition to still and sparkling wine, the product range there also includes spirits, cider and children’s drinks.

Due to this heterogeneity, the operational management of our group is largely decentralized in the three subgroups Germany, France and East Central Europe. The operational management of the business in compliance with the applicable legal provisions and in accordance with the principles of sustainable corporate management is the responsibility of the respective management bodies of the subsidiaries. The key figures and indicators used for this purpose are therefore not standardized across the entire group, but are defined, collected and analyzed locally. Members of the Management Board of Schloss Wachenheim AG are represented on the supervisory and control bodies of the key group companies and in this way ensure ongoing monitoring and advisory support of the respective management bodies.

The decentralized organizational structure also determines the process of our materiality analysis. In selecting the non-financial topics to be reported, we relied primarily on the assessment of those responsible for the individual aspects at the individual group companies, where in some cases cross-departmental workshops were also held. The following aspects were identified as material for Schloss Wachenheim AG and the Schloss Wachenheim Group: