Kindred Group, a global gaming and entertainment company with a presence across multiple markets, has released its combined Annual & Sustainability Report for the 2022 fiscal year. Wednesday’s release by the company was announced. It highlighted key value-creation drivers and its long-term sustainability strategy.
Kindred’s strategy for sustainable growth is reaffirmed in the new report, which included case studies, figures, and facts. The whitepaper describes the company’s long-term goal to attain zero percent gross wins from problem gambling. Kindred is setting an example with this initiative.
The company is also committed to supporting Science Based Targets Initiatives (SBTi), which seeks to reduce climate change. Kindred engages in new partnerships with local communities and supports the ongoing diversity, equity, and inclusion plan.
The Company is on the Right Path to Sustainability
Kindred’s new report noted that the company continues to adhere to its sustainability strategy, which ultimately aims to help it achieve commercial success responsibly. Kindred highlighted its sustainability framework and stated that it “offers an ongoing and clear connection with our commercial strategy.”
There are four key elements to the sustainability framework. These are responsible gambling and a secure platform. They also include product integrity, responsible business, and responsible gambling. Kindred combines these elements to build lasting relationships with colleagues, communities and partners that are “based upon trust and respect.”
Our path to operating in local licensed markets was chosen over ten years ago. This gave us greater stability and access to local markets.
Henrik Tjarnstrom is the CEO of Kindred
Kindred’s CEO Henrik Tjarnstrom explained that Kindred decided a decade ago to be based in local markets that are more stable and stand out. He explained that 81% of Kindred’s revenue for the fourth-quarter of 2022 was generated from local markets.
” Although 2022 was a difficult year, I am grateful for all the hard work done by my colleagues at Kindred, Relax Gaming,.”
Tjarnstrom was also added
Tjarnstrom admitted that last year was difficult. Tjarnstrom said he was proud of the dedication of Kindred Gaming and Relax Gaming employees. Kindred’s CEO stated that the company has set ambitious goals and that it will continue to implement its growth strategy.