Climate Change Data

Environmental Metrics

ESG Focus Areas

• Accoglienza (Hospitality)
• Assistenza sanitaria (Healthcare)
• Educazione e scolarizzazione (Education)

Environmental Achievements

• Implemented an energy efficiency improvement plan for PHI Hotels aimed at reducing energy consumption.

Social Achievements

• Collaborated with the Cottolengo Institute on projects supporting residential care facilities, hot meal services, and the conversion of facilities for integrated hospitality.
• Supported a project for free social transport for children, disabled people, the elderly, and families in need in Modena.
• Launched the "Alla conquista del mandorlo" initiative to reduce paper consumption in hotels.
• Partnered with the Cottolengo Institute to create Panfilia Impresa Sociale S.r.l., focusing on hospitality, assistance, and services.

Governance Achievements

• Updated the Code of Ethics in 2019 to include provisions on conflict of interest, anti-corruption, anti-money laundering, anti-terrorism, health, safety, environment, and privacy.
• Established a Benefit Committee to oversee the pursuit of common benefit goals.
• Implemented a whistleblowing platform.

Climate Goals & Targets

Environmental Challenges

• Economic instability due to the pandemic and the Russo-Ukrainian war.
• Negative operating results in 2021.

Mitigation Strategies

• Focused on initiating the Casa Roma project.
• Developed new long-term agreements with the Cottolengo Institute (until 2027) to ensure continued support.

Supply Chain Management

Responsible Procurement

• Selection criteria based on economic convenience, technical capacity, reliability, quality, compliance with quality procedures, and product origin.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (GRI-Referenced)

Certifications: UNI EN ISO 9001:2015, ISO 14001:2015

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 10: Reduced Inequalities
• Goal 17: Partnerships for the Goals

Xenia's initiatives contribute to these goals through its support of the Cottolengo Institute and other community projects.

Environmental Metrics

ESG Focus Areas

• Employee well-being
• Community engagement
• Environmental sustainability
• Ethical conduct
• Gender equality
• Diversity and inclusion

Environmental Achievements

• Reduced energy consumption by implementing energy efficiency measures (Project 15-20-24)
• Implemented water saving measures, resulting in a net improvement despite increased occupancy
• Reduced paper consumption through eco-friendly initiatives
• Recycled approximately 6,125 plastic cups through the RiVending Zero Waste project

Social Achievements

• Achieved SA8000, ISO 30415, UNI PdR 125 certifications
• Achieved B Corp certification with a score of 89.1
• Donated €35,007.30 to the Piccola Casa della Divina Provvidenza-Cottolengo (€34,489.30 from Xenia and €518 from Phi Hotels guests)
• Increased employee count from 129 to 138, with women representing 52.9%
• Launched the "Cultura della sicurezza" project to improve workplace safety

Governance Achievements

• Implemented a robust risk management framework
• Updated the Code of Ethics to reflect the company's Benefit Society status
• Established a Whistleblowing procedure
• Maintained a high level of compliance with fiscal and legal regulations

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Cybersecurity risks
• Technological advancements
• Financial risks
• Maintaining high levels of compliance
• Managing water consumption in areas under water stress

Mitigation Strategies

• Strengthened stakeholder engagement
• Implemented cybersecurity measures
• Invested in technological upgrades
• Monitored financial flows closely
• Regular compliance audits and external professional advice
• Implemented water-saving measures and monitored water consumption

Supply Chain Management

Responsible Procurement

• Selection criteria based on economic viability, technical capacity, reliability, quality, compliance with regulations, and ethical considerations.
• Preference for local suppliers to support local economies.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (with reference to)

Certifications: ISO 9001:2015, ISO 14001:2015, SA8000, ISO 30415:2021, UNI PdR 125:2022, B Corp

Third-party Assurance: PricewaterhouseCoopers S.p.A.

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 8: Decent Work and Economic Growth
• Goal 11: Sustainable Cities and Communities
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action

Xenia's initiatives contribute to these goals through its commitment to employee well-being, community engagement, environmental sustainability, and ethical business practices.

Sustainable Products & Innovation

• Domotics systems in Phi Hotels
• Water filtration systems
• Amenities dispensers

Awards & Recognition

• B Corp certification

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Social commitment
• Circular economy
• Governance

Environmental Achievements

• Emissions monitoring (Specific data not provided)

Social Achievements

• Partnership with Ente Morale Cottolengo Piccola Casa della Divina Provvidenza in Turin to support charity activities
• 50% women and 50% men employees as of June 30, 2024

Governance Achievements

• Became a B Corp
• Subscribed to the United Nations Global Compact
• Published Sustainability Report and Impact Report
• Listed on the Euronext Growth Milan market

Climate Goals & Targets

Environmental Challenges

• Rise in several costs, mainly of a nonstructural nature, resulting from the new post-listing organizational set-up and certain consulting activities required for M&A transactions.

Mitigation Strategies

• Optimized resource management and strategic employment of investments to ensure steady revenue growth and maintain solid operating profitability

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, B Corp

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 31030:2021, ISO 14001:2015, SA8000:2014, ISO 26000:2010, ISO 30415:2021, UNI/PdR 125:2022