Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic and Governance Responsibility
• Social Responsibility
• Environmental Responsibility
• Product Responsibility

Environmental Achievements

• 46.9 tonnes of CO2 avoided with self-generated energy from renewable sources
• 98.6% waste destined for recycling
• 9.4% reduction in CO2 emissions (Scope 1 and Scope 2 location-based) compared to 2019

Social Achievements

• Maintained stable employment levels
• 19% of new hires were under 30 years old
• No incidents of actual or alleged discrimination were identified or reported

Governance Achievements

• Implemented Organisation, Management and Control Model pursuant to Italian Legislative Decree 231/2001 (231 Model)
• No instances of corruption or non-compliance with laws and regulations in the socio-economic area

Climate Goals & Targets

Environmental Challenges

• Sharp contraction in the furniture sector due to the Covid-19 pandemic
• Covid-19 pandemic impacted training activities

Mitigation Strategies

• Proactive response to the pandemic crisis, including safety protocols and remote work
• Confirmed and implemented strategic investments
• Implemented webinars and online seminars for training

Supply Chain Management

Responsible Procurement

• Selection of suppliers based on professionalism and skills
• Guidelines for the use and processing of materials (e.g., formaldehyde-free wood composites, water-based dyes)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (2016), Core option

Awards & Recognition

• Best of Year 2020 Award (Virginia Harper)
• ADI Compasso D’Oro Career Award (Marco Ferrari)
• Imprenditore 4.0
• Best Managed Companies 2018, 2019 and 2020

Environmental Metrics

ESG Focus Areas

• Economic performance and market presence
• Business ethics and integrity
• Health and safety in the workplace
• Development and protection of human capital
• Diversity, equal opportunities and welfare systems
• Management of environmental impacts
• Sustainable use of resources
• Product quality and innovation
• Customer relation and satisfaction

Environmental Achievements

• 12,9 tonnes of CO2 avoided with energy self-produced from renewable sources
• 97% non-hazardous waste produced
• #Reforest project launched to repopulate forests in the Meda area

Social Achievements

• 1:10 ratio of management to employees
• 33% of new hires < 30 years old
• 97.8% of employees hired with permanent contracts
• No incidents of actual or alleged discrimination

Governance Achievements

• Implementation of Organisation, Management and Control Model pursuant to Italian Legislative Decree 231/2001 (231 Model)
• No instances of corruption or non-compliance with laws and regulations in the socio-economic area

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic and frequent blockades of movement of people and goods
• Increase in purchasing costs of materials
• Difficulties in procurement of raw materials and semi-finished products
• Unavailability of part of the direct production workforce
• Difficulty in procurement of transport services

Mitigation Strategies

• Agreements with suppliers to fix prices
• Diversifying supplies
• Intensifying activities aimed at reorganising production and warehouses
• Seeking synergies between companies to optimise productivity and human resources
• Improving the quality level of products and reducing waste of materials, space and production time

Supply Chain Management

Responsible Procurement

• Selection of suppliers based on professionalism and skills
• Use of wood from forests managed according to strict environmental standards (FSC®)
• Guidelines for the use and processing of materials (formaldehyde-free wood composites, water-based dyes and glues)
• Preference for local suppliers (98.2% of expenditures on local Italian suppliers)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (2016), Core option

Certifications: FSC® – Forest Stewardship Council® – License Code FSC-C175823 (in progress for some products)

UN Sustainable Development Goals

• Goal 7: Affordable and clean energy
• Goal 12: Responsible consumption and production
• Goal 13: Climate action

The Sustainability Plan aims to contribute to 10 of the 17 SDGs

Awards & Recognition

• Imprenditore 4.0
• Best Managed Companies 2019, 2020 and 2021
• Best Outdoor Entertaining Wallpaper* Design Award 2021
• Best Quiet Space Wallpaper* Design Award 2021
• Ruby Awards 2021 to Giorgetti Houston

Environmental Metrics

ESG Focus Areas

• Economic performance and market presence
• Business ethics and integrity
• Health and safety in the workplace
• Development and protection of human capital
• Diversity, equal opportunities and welfare systems
• Management of environmental impacts
• Sustainable use of resources
• Product quality and innovation
• Customer relations and satisfaction

Environmental Achievements

• 147.3 tonnes of CO2 avoided with energy self-produced from renewable sources
• 30% renewable and self-produced electricity consumed
• 99% non-hazardous waste produced
• FSC® certification obtained for Chain of Custody procedures
• 42% reduction in energy consumption compared to 2021
• 50% reduction in GHG emissions compared to 2021 (Market-based method)
• 37% reduction in Scope 1 emissions compared to 2021
• 46% reduction in Scope 2 emissions compared to 2021 (Location-based method)
• 50% reduction in Scope 2 emissions compared to 2021 (Market-based method)
• #Reforest project launched, planting native trees and shrubs in the Meda area

Social Achievements

• 42% of new hires are female
• 1:11 ratio of management to employees
• 98.3% of employees have permanent contracts
• Implementation of a company watchdog to assess and develop guidelines on various topics
• 7 part-time contracts stipulated, representing 3% of the workforce
• Supplementary health insurance provided to all employees
• 1,078 training hours provided (4.9 hours per employee)

Governance Achievements

• Adoption and implementation of Organisation, Management and Control Model pursuant to L.D. 231/2001 by Giorgetti S.p.A.
• No instances of corruption or non-compliance with laws and regulations in 2022
• Publication of a Whistleblowing procedure

Climate Goals & Targets

Environmental Challenges

• Increase in purchasing costs of materials
• Difficulties in procurement of raw materials and semi-finished products
• Unavailability of part of the direct production workforce
• Difficulty in procurement of transport services

Mitigation Strategies

• Agreements with suppliers to fix prices
• Diversifying supplies
• Intensifying activities aimed at reorganising production and warehouses
• Seeking synergies between companies to optimise productivity and human resources
• Improving the quality level of products and reducing waste of materials, space and production time

Supply Chain Management

Supplier Audits: 95.5% of expenditure towards local Italian suppliers; 1% of new suppliers selected according to environmental criteria in 2021

Responsible Procurement

• Selection of suppliers based on professionalism and skills; use of FSC®-certified wood; use of formaldehyde-free wood composites; use of water-based wood dyes and glues

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: FSC® (FSC-C175823)

UN Sustainable Development Goals

• 3 Good Health and Well-being
• 4 Quality Education
• 5 Gender Equality
• 7 Affordable and Clean Energy
• 8 Decent Work and Economic Growth
• 9 Industry, Innovation and Infrastructure
• 10 Reduced Inequalities
• 12 Responsible Consumption and Production
• 15 Life on Land
• 16 Peace, Justice and Strong Institutions

The Giorgetti Group's Sustainability Plan aims to contribute to these SDGs.

Awards & Recognition

• Imprenditore 4.0 and Best Managed Companies award (2022)
• Wallpaper* Design Awards 2022 (Best Quite Space for Shirley mirror)
• Interior Design’s Best of Year 2022 (accessories category for Borealis screen)

Environmental Metrics

ESG Focus Areas

• Economic performance & market presence
• Product quality and innovation
• Sustainable use of resources
• Management of environmental impacts
• Development and protection of human capital
• Customer safety and satisfaction
• Occupational health and safety
• Diversity, equal opportunities and welfare systems
• Business ethics and integrity

Environmental Achievements

• 28% less hazardous waste produced compared to 2022
• Installation of new photovoltaic systems in Meda and Lentate production sites
• FSC® certification

Social Achievements

• 22% of new hires are female
• 1:11 management-employee ratio
• Improved employee well-being initiatives including break rooms and canteen service
• 7 part-time contracts stipulated with employees

Governance Achievements

• No instances of corruption or non-compliance with laws and regulations in the socio-economic area in 2023
• Formalized guidelines regarding the use and processing of materials
• 88.4% of the Giorgetti Group's expenditure was towards local Italian suppliers

Climate Goals & Targets

Environmental Challenges

• Continued market uncertainty due to political instability and macroeconomic situations
• Fault in the photovoltaic system following damage incurred during a hailstorm in 2023
• Low end-of-life product recyclability
• Raw material consumption and product packaging
• Supply chain-derived emissions
• Environmental impact of product life cycle
• Generation of polluting emissions
• Impacts caused by product waste
• Lack of environmental and social performance assessment in the supply chain

Mitigation Strategies

• Investing in expanding its product range, as well as in commercial and promotional strategies
• Developing the Giorgetti and Battaglia brands
• Installation of photovoltaic systems
• Using virgin waste wood recovery system for heating
• Careful selection and monitoring of suppliers
• FSC® certification for Chain of Custody Management
• Implementing a constant monitoring process to identify environmental impacts and develop corrective actions
• Negotiating competitive terms and conditions with a single supplier for composite wood materials
• Using water-based wood stains and environmentally friendly glues
• Promoting awareness-raising activity aimed at customers and suppliers to encourage rational resource use
• Evaluating the feasibility of completely eliminating plastic

Supply Chain Management

Responsible Procurement

• Selection of suppliers based on professionalism and skills
• Use of FSC®-certified wood
• Use of formaldehyde-free or low-formaldehyde composite wood materials
• Use of water-based wood stains
• Use of environmentally friendly glues

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: FSC® (FSC®-C175823)

UN Sustainable Development Goals

• 3 Good Health and Well-being
• 4 Quality Education
• 7 Affordable and Clean Energy
• 8 Decent Work and Economic Growth
• 9 Industry, Innovation and Infrastructure
• 10 Reduced Inequalities
• 12 Responsible Consumption and Production
• 13 Climate Action
• 15 Life on Land
• 16 Peace, Justice and Strong Institutions

The Giorgetti Group's Sustainability Plan aims to contribute to these SDGs.

Awards & Recognition

• Wallpaper* Design Awards 2023 (Best Sleeper Hits)