MATERIALITY STATEMENT At Fairware, our approach to impact reporting is grounded in materiality, focusing on the environmental, social, and governance issues that are most significant to our business operations and stakeholders. Our comprehensive Impact Agenda serves as the foundation for identifying and addressing these material topics, representing the areas where we have the greatest ability to influence positive change within our value chain. Our Impact Agenda is our materiality framework. This report charts our 2024 progress against our 2022 Impact Report goals and sets out our goals for 2025 and 2026. Materiality Assessment Process These five focus areas represent our assessment of where Fairware has both significant impact and operational control within our value chain. This report covers Fairware Promotional Products, Ltd (Canada), and Fairware, Inc (US), collectively operating as ‘Fairware’. Our Impact focus areas reflect the intersection of our business activities, community concerns, and our capacity to drive meaningful change. Our materiality determination is informed by: • Direct operational impact and influence within our value chain • Community expectations and concerns • Industry-specific risks and opportunities • Regulatory and market trends • Our mission and values as a Certified B Corp and Certified Women-Owned and LGBTQ+ owned business Looking Forward We recognize that a materiality assessment is an evolving process that requires regular review and refinement. We are anticipating the 2025 publication of PPAI’s independent research study on double materiality in our industry, which will provide valuable benchmarking data to assess and enhance our current framework. This upcoming research will inform our materiality analysis for future impact reports, ensuring our approach remains aligned with industry best practices and emerging standards. Our commitment to transparency and continuous improvement means we will continue to evaluate and evolve our materiality framework to ensure it reflects the most significant impacts and opportunities for positive change within our sphere of influence.
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