AS Grenardi Group publishes its first consolidated sustainability report for 2023. 

In 2023, Grenardi Group achieved rapid growth, solidifying its position as the leading jewellery retailer in the Baltics. The Group has made the decision to align its sustainability efforts with the Group's growth trajectory, scaling its approach to ensure that sustainable practices accompany the Group’s expansion.

In 2023, the Group proactively developed its strategy to achieve Environmental, Social, and Corporate Governance (ESG) goals, despite not yet falling under the obligation to do so by the Corporate Sustainability Reporting Directive (CSRD).This report aims to briefly introduce our stakeholders to our sustainability approach and present our initial findings that will serve as a first stepping stone for tracking our progress.

In 2024, the Group plans to establish a thorough baseline year that will serve as the foundation for assessing our progress towards our medium term goals. As we advance, we will adjust our strategy to align proportionately with the scale of our business. We aim to align our reporting principles with the relevant EU standards for smaller enterprises, which are currently in draft format.

About Grenardi Group AS

AS Grenardi Group is the parent company of GIVEN and GRENARDI in the Baltics. As of June 30, 2024, AS Grenardi Group operates a total of 81 stores – of which 74 GIVEN chain stores and 7 GRENARDI chain stores. Additionally, the Group has five online stores: www.given.lv, www.given.ee, www.given.lt, www.grenardi.lv and www.grenardi.ee.

GIVEN is a jewellery brand that stands for joy, beauty, love, creativity, and sustainability by expressing this in its jewellery – through design, unique collections of brands, and carefully considered details, making the valuable accessible.

GRENARDI has been the leading luxury jewellery retail chain in Latvia and Estonia for more than 20 years. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections.

Ainārs Spriņģis

Chairman of the Management Board
info@grenardi.group
Tel: +371 67 796 000