Annual-Report-2025-EN-Final

1 | The Pillars of our Foundation | Our Theory of Change

Our Theory of Change guides everything we do. We believe the role of business must be redefined to serve all stakehol- ders — not just shareholders. By working across sectors and with diverse partners, we aim to transform the economic system into one that is inclu- sive, equitable, and regenera- tive. Our Theory of Change

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