Climate Change Data

Environmental Metrics

ESG Focus Areas

• Who we are: Group overview, Values, ethics
• Our people: Key asset, driving force
• Our future: Innovation, supplier relations, community, environmental impact

Environmental Achievements

• Improved processes and introduced new technologies to reduce environmental impact
• 89% of waste production is non-hazardous, with around 67% going to recycling
• ISO 14001 environmental management system covers 44% of Coesia population.

Social Achievements

• Launched Coesia Summer Camp for children of employees in Bologna
• Implemented People Performance Dialogue (PPD) performance management system, with 72% employee participation in 2018
• Provided 26 hours of training per employee on average
• OHSAS 18001 certified safety management systems cover 50% of the total population (+25% compared to 2017).

Governance Achievements

• Issued international Code of Ethics and Anti-Corruption Guidelines, available in multiple languages
• Implemented an Anti-Corruption System and whistleblowing platform
• Established a risk and opportunity management strategy integrated into the operating model of all Group Companies

Climate Goals & Targets

Environmental Challenges

• Improving gender balance in the workforce
• Managing a complex global supply chain
• Increasing energy consumption due to expansion and adverse weather conditions

Mitigation Strategies

• Raising awareness of the positive impact of gender diversity
• Developing longstanding partnerships with suppliers and implementing a vendor rating process
• Investing in energy conservation and efficiency interventions, such as LED lighting systems and high-performance heating systems

Supply Chain Management

Responsible Procurement

• Suppliers’ Code of Ethics covering labor practices, human rights, health, safety and environmental protection

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• SC+ (Volpak): Reduces material waste by 70%
• Celsius 20 (Cerulean): 100% reduction in waste from temperature measurement
• Emmeci digital line: Highly reduced material waste

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced emissions intensity by 12% vs 2019
• Reduced waste produced by 13% vs 2019
• Reduced water consumption by 16% vs 2019
• +89% self-produced and consumed energy from photovoltaic systems

Social Achievements

• Launched several employee wellbeing initiatives (MAST Foundation programs, etc.)
• Reduced employee turnover from 5.6% in 2019 to 4.2% in 2020
• Provided over 119,000 hours of learning and development in 2020 (14.4 hours per employee)
• Donated over €4.4 million in PPE and medical devices to support communities during the pandemic

Governance Achievements

• Implemented and updated Organization, Management and Control Model (MOG) in accordance with Legislative Decree no. 231/2001
• No confirmed incidents of bribery, significant violations of laws, or legal actions related to anti-competitive behavior in 2018-2020

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations, supply chain, and travel
• Increased cyberattacks due to remote work
• Need to reduce environmental impact and increase sustainability

Mitigation Strategies

• Implemented safety measures and remote work options to address the pandemic
• Enhanced Global Security Operation Center (GSOC) capabilities to combat cyberattacks
• Implemented Lean Six Sigma projects to improve efficiency and reduce costs
• Invested in renewable energy sources (photovoltaic systems)
• Developed sustainable packaging solutions and materials

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Ethics defining high ethical standards
• Focus on local sourcing (90% of direct spending with local suppliers in 2020)
• Reverse Factoring program offering suppliers access to subsidized credit

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: OHSAS 18001, ISO 45001, ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Sealing system for food containers (IPI patent)
• Nappy with super absorbent core (GDM patent)
• Packaging for smoking products without plastic overwrap (G.D patent)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Health and labor protection
• Social responsibility
• Environmental issues
• Sustainable growth
• Business ethics
• Supply chain responsibility
• Customer centricity
• Innovation
• Operational excellence

Environmental Achievements

• Reduced emissions intensity by -6% vs 2020
• Reduced water consumption by -1.3% vs 2019
• 90% non-hazardous waste
• +147% increase in self-produced energy from renewable sources vs 2020

Social Achievements

• 6,319 employees (77.1%) participated in the People Performance Dialogue
• 165,000+ hours of learning and development provided (20.2 hours per employee)
• Zero incidents with severe or fatal injuries
• Initiatives to support local communities, including donations of PPE and medical devices

Governance Achievements

• Updated Code of Ethics
• Updated Anti-Corruption Guidelines and Organization, Management and Control Model
• No confirmed incidents of bribery, significant violations of laws, or legal actions related to anti-competitive behavior during 2019-2021

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the pandemic and scarcity of electronic components
• Increased cyberattacks due to the widespread adoption of remote working
• Pandemic-related challenges impacting operations and employee well-being

Mitigation Strategies

• Flexibility towards suppliers and collaborations to ensure procurement continuity
• Enhanced functionalities and investigative capabilities of the Global Security Operation Center (GSOC)
• Implementation of guidelines for protecting devices and company information
• Redesigning workspaces, adopting safeguards, ensuring greater air exchange, and enabling remote work where possible

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Ethics
• Vendor rating process
• Risk assessment program
• Reverse Factoring program
• Sustainability Roadmap

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: OHSAS 18001, ISO 45001, ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Recyclable paper straws packaging
• Space kitchen
• Innovative attached bottle cap
• 100% paper package for laundry pods
• reVIVO aseptic packaging solutions

Awards & Recognition

• Not disclosed