Casta Diva Group SpA
Climate Impact & Sustainability Data (2020-2022, 2023-2025)
Reporting Period: 2020-2022
Environmental Metrics
ESG Focus Areas
- energy management
- water and wastewater management
- recycling and waste management
- data security and customer privacy
- diversity and inclusion
- fair labor practices
- anti-bribery policies
- adoption of Codes of Conduct for listed companies
Governance Achievements
- In the 2nd half of 2019 a new governance was appointed with 3 Independent Directors out of 5
Environmental Challenges
- In the 1st half of 2019 the Company endured a disagreement between the founders over the strategy. This caused a deep decrease of the share value and a distraction for the management.
- foreseeable damages caused by the coronavirus situation
Mitigation Strategies
- A new strategy was implemented through the termination of the «Communication Strategy» BU (€M 0,2 @ July 2019), a €M 2+ capital increase (Oct 2019), the employment of a new line of managers (Dec 2019-Jan 2020), the project of merging CDE in G.2 and reverse merging District in G.2, renaming it as Casta Diva Live (Mar 2020)
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023-2025
Environmental Metrics
ESG Focus Areas
- Climate change
- Diversity and Inclusion
- Governance
Environmental Achievements
- ISO 14001 certification
- Launch of ESG PACT division
- Planned initiatives for climate change, renewable energy, water consumption, waste recycling, and CO2 reduction
Social Achievements
- Inclusion campaign during Pride 2022: Let's make Diversity a DIVA!
- Orientation course for employees on LGBTQIA+, environmental sustainability, and fitness
- Free psychological help desk for employees
- One-off €1,000 gross contribution to employees to help with inflation and bills
- Five out of six independent directors
Governance Achievements
- ISO 9001 and 20121 certifications
- Planned initiatives for certifications, gender diversity in boards, and ESG-linked incentives for personnel
Climate Goals & Targets
Long-term Goals:
- Become the undisputed national leader in the Live Communication sector
Medium-term Goals:
- Exceed €100m turnover and 10% EBITDA margin by the end of 2025
Environmental Challenges
- Market fragmentation in Live Communication
- Need to improve share price valuation
Mitigation Strategies
- Consolidation strategy to become a national champion
- Streamlining corporate structure and reducing costs
- Digitalization of processes
- Shareholder remuneration policy with dividend distribution of at least €3m over the plan period