Our approach to sustainability
Safeguarding the world and the environment is a key element of our conduct as an industrial enterprise. Our sustainability strategy is aligned with the Environment, Social and Governance (ESG) concept, i.e. it stands on the intersection of three factors: environmental impact, social impact, and the company’s governance aspects. With the goal of creating long-term value and thereby establishing a genuine agreement with the future generations, we feel the responsibility to inspire and serve as a model for innovation and sustainable progress.
Environment
We feel the responsibility to act responsibly, protect our natural resources and minimize negative impacts generated on the environment.
Primary results:
- On-balance carbon neutral production site since 2015;
- Reduction of emissions along the entire value chain by implementing measures such as use of low-emission vehicles and bio-fuels in logistic transport or by using self-generated or certified renewable energy;
- In 2024, the amount of waste sent for recovery increased by 15% out of the total generated compared to the previous year.
Social
We are committed to ensuring the well-being of our people through respectful and safe workplaces. Moreover, we carefully select our suppliers and commercial partners with whom we build long-lasting relationships based on ongoing dialog and shared standards, at the social and environmental levels as well.
Primary results:
- Top Employer certification for the 12th year in a row;
- All new suppliers of standard production components and providers of services (as regards the latter, for the categories that contemplate it) are appointed only after they achieve a positive S-rating result;
- Guidelines and certifications for dealers and events (such as ISO20121, for example).
Governance
Legality, honesty and transparency, in addition to an ongoing dialog with stakeholders, are the foundation of our governance model.
Primary results:
- Starting from 2021, a cross-departmental sustainability team led by the Strategy department has been formed, and it is responsible for identifying and implementing sustainability initiatives;
- A portion of management’s variable remuneration is linked to the achievement of some sustainability goals to further integrate these topics into the remuneration framework.
