Triboo S.p.A.
Climate Impact & Sustainability Data (2024-01 to 2024-06)
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
ESG Focus Areas
- Sustainable development
- Employee well-being
- Environmental compliance
Environmental Achievements
- E-Photo, a subsidiary, obtained B Corp certification in 2023, attesting to its sustainability.
Social Achievements
- Implemented a training program for employees covering various technical topics, including sustainable innovation.
- Returned to fully in-person work while maintaining flexibility for employees.
Governance Achievements
- Appointed a new Board of Directors in April 2024.
- The management, in conjunction with Internal Audit, monitors and updates the Group's Risk Assessment.
Climate Goals & Targets
Environmental Challenges
- General uncertainty in the reference markets (retail sales of e-commerce sites and business investments in marketing services).
- Significant slowdown in the fashion sector.
- Contraction of private consumption and marketing investments in the Far East market.
- High variable interest rates impacting financial expenses.
Mitigation Strategies
- Efforts to streamline cost structures to support operating profitability.
- Cost-saving measures continued in the first half of 2024 and will continue in the second half.
- Growth of higher value-added businesses.
- Successfully completed the process for the rebalancing of the Group's financial position, obtaining new long-term financing.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Certifications: B Corp (E-Photo)