Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced total energy consumption by 5.33% GJ
• Increased total emissions into the atmosphere by +0.05% CO₂ eq

Social Achievements

• Established a Unitary Trade Union Representation (RSU) consisting of 15 employees in Italian factories.
• Implemented various HR initiatives such as one-to-one meetings, feedback support actions, quarterly meetings with RSU, individual meetings at employee request, Gemba HR, exit meetings, and intercompany team building.

Governance Achievements

• Adopted an Organization, Management and Control Model in accordance with Italian Legislative Decree n° 231/2001.
• Achieved the Cribis “Prime Company” recognition.

Climate Goals & Targets

Environmental Challenges

• Increase in raw material prices due to recovery in automotive and tanning industries.
• Inflation linked to the energy component.
• Geopolitical situation affecting business operations.

Mitigation Strategies

• Implemented innovation-related programs to boost product sustainability.
• Exploring alternative ways of managing the business to maximize positive impact.
• Investing in projects to ensure high product quality, efficient raw material use, and sustainable processes.

Supply Chain Management

Responsible Procurement

• Code of Conduct for suppliers covering environmental issues, animal rights, and human rights.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 45001, ISO 9001, IATF 16949, Leather Working Group GOLD

Third-party Assurance: Certiquality S.r.l. (Limited Assurance)

UN Sustainable Development Goals

• Goal 13

Commitment to combat climate change and mitigate its effects.

Sustainable Products & Innovation

• AVO tanning (using oil industry waste)
• Wet Green tanning (using olive leaves)
• Zeolite tanning (alumino-silicates)
• GOAST tanning (synthetic tanning agent)
• Vitanova leather (using production residues)
• PasuBio-based leather (high bio-based content)

Environmental Metrics

ESG Focus Areas

• Climate change
• Water resource management
• Waste and circular economy
• Working conditions
• Diversity and inclusion
• Worker health and safety
• Supply chain management
• Business ethics
• Animal welfare
• Biodiversity and deforestation
• R&D and Innovation
• Relationship with the community

Environmental Achievements

• Launched AVO tanning method using vegetation water (waste product from oil industry) as a 100% bio-based natural tanning agent.
• Launched WET GREEN tanning method using olive tree leaves extract.
• Developed VITANOVA leather using 60% recycled leather fibres from shaving, trimming and cutting stages.
• Developed PasuBio-based leather with ~65% bio-based chemicals.
• Developed RE-NOVA leather containing recycled leather fibres on a polyester core.
• Installation of advanced technologies to monitor key operating parameters and optimize performance, resulting in reduced energy consumption per unit of finished product.
• Initiated a long-term energy efficiency plan including energy efficiency measures and installation of cogeneration plants.

Social Achievements

• Established a Unified Trade Union Representation (RSU) in Italian factories.
• Implemented quarterly meetings between RSUs and management.
• Launched "Gemba HR" initiative for more direct employee support and feedback.
• Implemented exit meetings to collect employee feedback.
• Launched an initiative to promote the empowerment of young women in STEM subjects.
• Strengthened collaboration with educational institutions through school-work alternation projects, visits, and workshops.

Governance Achievements

• Adopted an Organisation, Management and Control Model compliant with Italian Legislative Decree 231/2001.
• Appointed an independent Supervisory Board.
• Obtained CRIBIS “Prime Company” status.
• Implemented a Code of Conduct for suppliers (85.4% signed in 2023).
• Successfully concluded the certification process for Code of Conduct and Social Responsibility according to UNIC standards for all Italian factories.

Climate Goals & Targets

Environmental Challenges

• Climate change and energy transition.
• Entry into force of the EUDR regulation concerning deforestation and forest degradation.
• Supply chain disruptions.
• Potential business disruption.
• Maintaining competitiveness.
• Shortage of women in STEM career paths.

Mitigation Strategies

• Actively working with stakeholders to meet EUDR requirements.
• Investing in R&D for alternative tanning methods and recycled products.
• Implementing energy efficiency measures and renewable energy evaluation.
• ESG indicators integrated into performance targets of purchasing managers.
• Collaboration with industry associations and NGOs to promote responsible forest management.
• Financial and operational support to the “Girls Code It Better” project.

Supply Chain Management

Supplier Audits: 85.4% of leather suppliers signed the Code of Conduct in 2023

Responsible Procurement

• Code of Ethics
• Code of Conduct
• ESG indicators in performance targets of purchasing managers
• Focus on local and European suppliers to limit deforestation impacts.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 45001, ISO 9001, IATF 16949, Leather Working Group GOLD, ISO 50001

Third-party Assurance: Certiquality S.r.l.

UN Sustainable Development Goals

• Goal 13

Combating climate change through emission reduction and mitigation practices.

Sustainable Products & Innovation

• AVO, WET GREEN, ZEOLITE, GOAST tanning methods
• VITANOVA, PasuBio-based, RE-NOVA recycled products

Awards & Recognition

• Ecovadis SILVER medal