Westwing publishes first CSRD-aligned Sustainability Statement

Munich, 05 May 2025 – Westwing, Europe’s #1 in Beautiful Living e-commerce, has published its first Sustainability Statement under the EU’s new Corporate Sustainability Reporting Directive (CSRD). This marks a significant milestone in the company’s sustainability journey and included a comprehensive double materiality assessment to identify the most relevant environmental, social, and governance topics across its value chain. The CSRD-aligned Sustainability Statement is part of Westwing’s Annual Report 2024, ensuring fully integrated and transparent reporting in accordance with the latest EU regulations. In addition, Westwing continues to publish its annual Sustainability Report.

Westwing assessed how its business activities affect people and the environment (impact materiality) and how sustainability-related risks and opportunities could affect business performance and enterprise value over time (financial materiality). To do so, the company engaged with key stakeholders and suppliers to better understand upstream and downstream impacts, risks, and opportunities.

“Our first CSRD Statement represents a major step forward in aligning our business with evolving sustainability standards. It deepens our understanding of where we can have the most meaningful impact and lays the foundation for targeted action, informed decision-making, and transparent communication.” says Sebastian Westrich, CFO of Westwing.

Based on the assessment and the European Sustainability Reporting Standards (ESRS), the following topics were identified as material:
- Climate Change
- Resource Use and Circular Economy
- Own Workforce
- Workers in the Value Chain
- Consumers and End-users
- Business Conduct

To act on these topics, Westwing has taken clear and measurable steps to embed sustainability more deeply across its operations. The company updated existing policies and introduced two new ones: a dedicated Sustainability Policy and a Raw Material Policy, outlining principles for responsible sourcing and operations.

For each material topic, Westwing developed targeted action plans and defined measurable goals. To understand how climate change may affect its business, the company conducted a climate scenario analysis, exploring the potential impacts of global warming and the transition to a low-carbon economy. Based on this analysis, Westwing finalised a Climate Transition Plan, which sets out how the company plans to reduce greenhouse gas emissions across its operations and value chain (Scopes 1, 2, and 3), in line with international science-based targets. The plan includes specific measures and timelines.

As a result of these efforts, Westwing has already achieved a 64% reduction in Scope 1 and 2 emissions (market-based, compared to 2022). In addition, 66% of products in the Westwing Collection are now WE CARE-labelled, reflecting progress in certified and more responsible sourcing. In logistics, 100% of packaging waste is now recovered, reused, or recycled.

To support progress beyond its own operations, Westwing is also working closely with suppliers. So far, 68% of key and strategic suppliers have completed sustainability training via the amfori Academy.

Looking ahead, Westwing will continue to enhance its sustainability performance by setting new targets aligned with material priorities and improving data quality and internal controls to ensure consistent and reliable reporting.

In parallel, the company is working to identify and quantify the financial impacts of climate-related and circular economy-related risks and opportunities, supporting better decision-making and long-term value creation.

Find the full CSRD report here.

ABOUT WESTWING
Westwing, Europe’s #1 in Beautiful Living e-commerce, is present in 16 European countries and achieved a GMV (Gross Merchandise Volume) of EUR 497 million in 2024. As Europe’s premium one-stop destination for Design Lovers, it offers a unique brand experience with a carefully curated assortment of the Westwing Collection and 3rd party design brands. The integrated platform combines Shop, Daily Specials, Stores, the B2B Service (Westwing Business) and the Westwing Design Service. Westwing’s team works together on its shared purpose to “Excite people to create homes that unlock the full beauty of life”. Founded in 2011, Westwing is headquartered in Munich and went public on the Frankfurt Stock Exchange in October 2018.