We have performed a limited assurance engagement on the disclosures denoted with “ ” in the sustainability report of REWE Group (hereinafter: “the Company”), prepared by REWE ZENTRALFINANZ eG, Cologne, for the period from 1 January 2018 to 31 December 2018 (herein-after: “Report”). Our engagement in this context relates solely to the disclosures denoted with the symbol “ ”
The executive directors of the Company are responsible for the preparation of the Report in ac-cordance with the principles stated in the Sustainability Reporting Standards of the Global Re-porting Initiative (hereinafter: “GRI-Criteria”) and for the selection of the disclosures to be evalu-ated.
This responsibility of Company’s executive directors includes the selection and application of ap-propriate methods of sustainability reporting as well as making assumptions and estimates relat-ed to individual sustainability disclosures, which are reasonable in the circumstances. Further-more, the executive directors are responsible for such internal control as they have considered necessary to enable the preparation of a Report that is free from material misstatement whether due to fraud or error.
We have complied with the German professional provisions regarding independence as well as other ethical requirements.
Our audit firm applies the national legal requirements and professional standards – in particular the Professional Code for German Public Auditors and German Chartered Auditors (“Berufssatzung für Wirtschaftsprüfer und vereidigte Buchprüfer“: “BS WP/vBP”) as well as the Standard on Quality Control 1 published by the Institut der Wirtschaftsprüfer (Institute of Public Auditors in Germany; IDW): Requirements to quality control for audit firms (IDW Quali-tätssicherungsstandard 1: Anforderungen an die Qualitätssicherung in der Wirtschaftsprüferpraxis - IDW QS 1) – and accordingly maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements.
Our responsibility is to express a limited assurance conclusion on the disclosures denoted with “ ” in the Report based on the assurance engagement we have performed.
We conducted our assurance engagement in accordance with the International Standard on As-surance Engagements (ISAE) 3000 (Revised): Assurance Engagements other than Audits or Re-views of Historical Financial Information, issued by the IAASB. This Standard requires that we plan and perform the assurance engagement to allow us to conclude with limited assurance that nothing has come to our attention that causes us to believe that the disclosures denoted with “ ” in the Company’s Report for the period from 1 January 2018 to 31 December 2018 has not been prepared, in all material aspects, in accordance with the relevant GRI-Criteria. This does not mean that a separate conclusion is expressed on each disclosure so denoted.
In a limited assurance engagement the assurance procedures are less in extent than for a reasona-ble assurance engagement and therefore a substantially lower level of assurance is obtained. The assurance procedures selected depend on the practitioner’s judgment.
Within the scope of our assurance engagement, we performed amongst others the following as-surance procedures and further activities:
Based on the assurance procedures performed and assurance evidence obtained, nothing has come to our attention that causes us to believe that the disclosures denoted with “ “ in the Company’s Report for the period from 1 January 2018 to 31 December 2018 have not been prepared, in all material aspects, in accordance with the relevant GRI-Criteria.
We issue this report on the basis of the engagement agreed with the Company. The assurance en-gagement has been performed for purposes of the Company and the report is solely intended to inform the Company as to the results of the assurance engagement. The report is not intended to provide third parties with support in making (financial) decisions. Our responsibility lies solely toward the Company. We do not assume any responsibility towards third parties.
Munich, 26 June 2019