Reporting and strategy
REPORTING AND STRATEGY
In line with the Sustainable Development Goals adopted by the United Nations, there are seven pillars that describe our strategy for an increasingly sustainable business.
- Contribute to reducing consumption and impacts
- Multiply the use of materials
- Develop a quality offer
- Ethical business management
- The care, safety and development of people
- Inclusion and community development
- Work culture and education for young people
The Group is committed to developing actions and practices designed to reduce impact, making production more efficient through innovation and the skilful use of new technologies, and promoting sustainable lifestyles. It invests in optimising material and giving it new life where possible, through partnerships in the industry and other sectors, by funding research and development and contributing to innovation in the supply chain. It also invests in the quality of raw materials, production, and customer relationships. The group believes in good, structured, effective, transparent and ethical governance and, to achieve this, focuses on enabling management to meet the requirements of the market and stakeholders. It continually works on gaining the loyalty of people, ensuring their safety, and investing in professional advancement and well-being. The company supports the growth and development of the communities where it operates, and the education and development of future generations.
HIGHLIGHTS | 2019
2019 VOLUNTARY CONSOLIDATED NON-FINANCIAL STATEMENT
Even though the Group is not one of the organisations required to draw up a Non-Financial Statement, it was felt necessary to anticipate alignment with Legislative Decree no. 254 of 30th December 2016 to provide stakeholders with comparable elements, and encourage increasing transparency in relation to corporate, environmental and economic aspects.
Feralpi therefore provides information on the corporate governance model, the policies applied, the main risks resulting from the company’s business, the management of those risks, and the results achieved.
This Report was drawn up in accordance with GRI Standards: Core option. As with previous editions, Feralpi had this voluntary Non-Financial Statement audited by a leading external auditor.
We operate with transparency and integrity to achieve a modern governance system.
We invest in efficient solutions designed to reduce impact, using a circular approach
Safety, human rights, inclusion, health, well-being, training are the basis for the management approach
From the supply to the customer, we work to achieve quality throughout the value chain
Feralpi has 12 material topics, which are subject to reporting procedures:
- As to the internal stakeholders, the priorities on which Feralpi is called to invest in the near future are Economic sustainability, People and Product and service quality;
- While as to the external stakeholders, the opportunities refer to Environment, Product and service quality and Safety.
Eight are the topics considered important but not material and, for this reason, not reported, except for those indicated in Decree 254, such as inclusive, cultural and local economic development, anti-corruption, workers’ human rights and diversity and equal opportunities.
Download the section 1.7 of the document where material topic are described, in accordance with the Global Reporting Initiative and the Legislative Decree 254/2016 and the methodology used.
We care about our stakeholders opinions.
If you want to stay in touch with us and share your ideas, please get into the ‘Feralpi Engagement Network on sustainability topics’ and give us the permission to contact you in the future. Please fill in the gaps, apply HERE