The sustainability of our business is an integral part of our commitment, in line with our values, the United Nations Global Compact principles, and the Sustainable Development Goals. Consequently, we appreciate people, we believe in developing increasingly sustainable production, and we foster the development and growth of our country.
We play a key role in identifying the best solutions for tackling global challenges, by working systematically to reduce negative impact, and increase positive impact.
The sustainability strategy
The strategy has seven pillars incorporated into the management of our business, to facilitate its sustainable development and positive growth countrywide, in line with the United Nations 2030 Agenda and the European Green New Deal initiative.
CONTRIBUTE TO REDUCING PLANT CONSUMPTION LEVELS
Reduce the negative impact of production on the climate and the environment, through innovative processes and practices.Circularity and environmental commitment
Develop men and women in the Group, increasing their skills and valuing the uniqueness of every person.People
INCLUSION AND COMMUNITY DEVELOPMENT
Contribute to the development and sustainable growth of our communities, by building networks and partnerships.Identity
WORK CULTURE AND EDUCATION FOR YOUNG PEOPLE
Contribute to educating young people and raising their awareness for sustainable development.Develop at Feralpi
DEVELOP A QUALITY OFFERING
Innovate and guarantee product quality, and collaborate to guarantee the quality of services and raw materials.Quality and service
ETHICAL BUSINESS MANAGEMENT
Guarantee the transparency of information, ethical management and sustainable practices along the entire value chain.Goverance System
MULTIPLY THE USE OF MATERIAL
Invest in innovation, research and development in partnership to minimise production waste.Circularity and environmental commitment
Our commitment relating to the United Nations 2030 Agenda is constantly evolving. Through the sustainable management of our core business, we will be able to generate significant spin-offs on a global scale. As a result, the goals where we have considerable responsibility in terms of impact, and where our commitment is key, are as follows:
Continuing on the theme of impact, the potential connections between our business and the Sustainable Development Goals actually reach further - through our vast network of relationships, responsible practices and commitment to people and communities, we are able to trigger positive impact even in areas not strictly connected to our business, contributing indirectly or enabling specific targets in other Agenda goals to be reached:
Only a holistic approach to the 2030 Agenda will let us keep prospering over time.
We have signed up to the UN Global Compact Network initiative (UNGC)
Which involves over 18,000 businesses in more than 173 countries throughout the world, and we are a founding member of the Italian network (Global Compact Network Italia)
One of the aims of the Global Compact initiative is to set up national actions and partnerships to achieve the Sustainability Development Goals. This requires companies and organisations to support fundamental principles relating to human rights, employment standards, environmental protection and tackling corruption to create an economic, social and environmental framework based on a healthy, sustainable economy which ensures that all citizens enjoy the benefits of this
Our commitment to ethical business management is expressed by continually focusing on compliance with standards, ensuring ongoing transparency of information for stakeholders, and developing internal procedures that increasingly focus on sustainability factors. It is with this approach that we create value for shareholders and stakeholders.
A modern, advanced governance system is essential for lasting growth and ethical business management. This enables the optimisation of company strategy and decision-making processes, effective management of risks and potential conflict, and an improvement in company reputation, resulting in significant benefits for all of the company's stakeholders.
The highest level of governance relating to sustainable development comes from the Feralpi Group Chairman who, as Chairman of the Sustainability Committee also, examines and supports the development and implementation of sustainability policies and strategies. The Sustainability and External Relations department is responsible for managing and coordinating all actions relating to company sustainability, including planning, reporting and communication activities. Sustainability development goals are defined and assessed in multidisciplinary processes to identify, assess and control them at a management level.
We tackle all forms of illegal conduct
By signing up to the UN Global Impact initiative we commit to tackling corruption in all its forms, including bribery and extortion, thereby contributing to a more transparent global economy.
Internally, we continually strive to tackle and prevent corruption in accordance with existing legislation and national standards in the countries where we operate. With regard to potential risks and their management, we apply the values and principles in the Code of Ethics, and references in the Governance Model based on legislative decree 231/2001 and corresponding procedures, referring to the Supervisory Body for each company.
All Italian companies combine these tools with an internal procedure that governs relationships with government departments, applied for example by granting powers to sign and access accounts to specific management roles only, and for specific transactions. Companies that participate in public tenders indirectly provide specific training for commercial personnel to prevent acts of corruption between private parties.
We have set up specific communication channels to manage reports of suspected breaches. These channels are monitored and managed by an external watchdog (Supervisory Body), which ensures that each case is processed and analysed in complete confidentiality.