Letter from the CEO
The year 2025 marked a clear shift for ELKO Group from defining sustainability ambitions to their structured execution. In line with the CSRD and ESRS requirements, we significantly strengthened the coverage and quality of our ESG data, with particular focus on our supply chain and Scope 3 emissions. This progress reflects a deliberate approach to sustainability—concentrating on areas where our impact is material, measurable, and closely linked to ELKO’s business model. That being said, we carefully monitor changes in legislation as we see sustained compliance with reporting requirements increasingly complex and resource-intensive and would welcome further relief to ensure that compliance itself and the cost of compliance remain balanced in the future.
One of the most important milestones during the year was the acquisition of Renewed AB, which represents a new phase in the development of ELKO’s circular economy offering. The refurbished devices segment not only expands our product portfolio but also demonstrates how sustainability can be embedded into a commercially viable and scalable business line. 2025 has been a year of adaptation and transformation for this segment, and we look forward to significant growth in 2026. At the same time, we continued to advance our LEAN initiative and digital improvements, including AI training and specific AI pilots on selected processes, further enhancing operational efficiency, transparency, and data governance across the Group.
As global ESG expectations continue to evolve, the emphasis is increasingly placed on verifiable outcomes, comparability, and readiness for independent assurance. We recognise that sustainability is not a static target but a continuous improvement journey. Our priority going forward remains a strong focus on high‑quality data, responsible partnerships, and disciplined progress toward long‑term objectives—reinforcing ELKO’s position as a reliable and sustainable partner throughout our entire value chain.
Svens Dinsdorfs
The CEO of ELKO Group
Please find the full report attached.