In 2022, the Group approved the plan “ESG Journey 2023-2025”.
The actions envisaged for the 2023-2024 two-year period intend to incorporate fundamental ESG principles in the strategy, while subsequent actions aim to support the achievement of the 2030 and 2050 decarbonisation goals.
Below are the various actions envisaged by the 2023-2025 ESG Plan, divided by area.
Action | KPI | Timing | Target | Reference SDG |
E.1 Carbon neutrality strategy | - | 2023 | Strategy definition |
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E.2 Group carbon intensity reduction | tCO2eq/€ | 2025 | -30% |
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E.3 Increase the percentage of renewable electricity used in relation to Group total energy needs | % of Group total energy consumption (GJ) | 2025 | From 3% to 25% of energy consumption |
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E.4-5 Pilot project in the circular economy field Applicability analysis of project extension to other legal entities | - | 2023 2025 | Pilot project conclusion Extension definition |
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E. 6 Implementation of a continuous water withdrawal/discharge monitoring system at Group plants | - | 2025 | Monitoring system implementation |
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E.7 Definition of Group guidelines for eco-design of products | - | 2024 | Group guidelines definition |
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Action | KPI | Timing | Target | Reference SDG |
S.1 Maintenance of 2022-24 average employee injury rate below average for last 3 years | Injury rate1 | 2024 | Average 2019-21: 2.22 |
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S.2 ISO 45001 extension to the Group's production companies | % Group turnover | 2027 | From 22% to 45% |
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S.3 Increase of average per capita hours of non-compulsory training at Group level | Average non- compulsory training hours per employee | 2025 | Increase of about 35% |
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S.4 Development of a Group global mobility program | - | 2025 | Program launch |
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S.5-6 Draft of supplier rating model applying environmental and social criteria (pilot project) Model extension at Group level | - | 2023 2025 | Pilot project conclusion Extension to 100% of Italian manufacturing entities |
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S.7 Working environment assessment to promote diversity & inclusion principles (pilot project) | - | 2025 | Pilot project conclusion |
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1 (Total no. of employee injuries lasting > 1 day / Total no. of hours worked) x 200,000
2 See the consolidated Non-Financial Statements at 31 December 2019, 2020 and 2021 for details.
Action | KPI | Timing | Target | Reference SDG |
G.1 Establishment of Sustainability Committee and adoption of relevant regulations | - | 1H 2023 | Establishment of Sustainability Committee |
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G.2 Code of Ethics revision to adopt ESG principles | - | 1H 2023 | Code of Ethics revision |
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G.3 Succession plan formalization | - | 2023 | Succession plan formalization |
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G.4 Consolidation of tax compliance in line with tax best practices | - | 2024 | Tax compliance model consolidation and best practice alignment |
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G.5 Annual update of information required GRI 207-4 on Country-by- Country Reporting | - | Annual | Country-by-Country Reporting |   |
G.6 ESG Journey | - | Annual | Communication plan |    |
