VALUE FOR COMMUNITIES
In our global presence, we contribute significantly to the economic growth of the countries in which we operate, to employment, well-being, and improved quality of life. We support this through our In-Country Value projects and Corporate Social Responsibility activities.
We contribute to the development and economic growth of the countries in which we operate, support local communities, and strive to create long-term value for all our stakeholders.
HIGHLIGHTS ON COMMUNITIES
Collaboration with communities, activation of supply chains in each country, and constant open dialogue with stakeholders within institutions and civil society are the cornerstones of our way of creating value in the territories in which we operate.
More than 50% of costs are local
21 initiatives with over 14.000 beneficiaries
Programmes in Europe and India
8 philantrophic initiatives
Blood donations, clothes collection
Initiatives for educational poverty
An historical archive on engineering
Initiatives focused on poverty
Local Economic and Social Development
We activate opportunities for development and economic growth in the countries where we operate through our Group's local value chain. We support local workforce development, local procurement of goods and services to stimulate socio-economic development in the areas where we operate, including through social projects.
In-Country Value and Corporate Social Responsibility
We generate long-term value through the In Country Value program. Several social projects carried out in Italy and around the world; in India, the Group participates in the first research center on circular economy, trains students by supporting them with scholarships, lectures and tutorships, and promotes the orientation of young women to STEM studies and concrete projects for local communities.
We develop initiatives in many countries where we operate, with the aim of promoting education, training on the themes of energy transition and circularity, build sensitiveness and competence for enhancing capabilities to afford circularity and empower women and vulnerable people.
Responsible supply chain
We strengthen relationships with suppliers by establishing a shared organizational process that integrates the principles of environmental, social and governance responsibility throughout the entire production chain.
Promoting sustainable practices
We collaborate with our supply chain to promote sustainable practices on human rights, safety, climate, and the environment, through sharing ESG screening, tools such as the Carbon Tracker, and discussion forums. We require our suppliers to commit to best practices and adhere to the founding principles of the Code of Ethics.