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RadiciGroup's Sustainability Report obtains GRI B+
29
Sep '15
With total investment €2.5 million for environment and safety and 46 per cent reduction in total direct emissions in 2014, RadiciGroup, a leading Italian company manufacturing fibre and polyamides, has for the fourth year in a row, obtained external assurance from Certiquality at the GRI B+ Application Level of conformity to the Sustainability Reporting guidelines (Version 3.1) issued by the Global Reporting Initiative (GRI), the most widely accepted global standard for non-financial reporting.

The RadiciGroup’s 2014 Sustainability Report reveals the company’s industrial activities and achievements in economic, social and environmental sustainability. The group made an investment of €128 million during the 2010-14 period to support the company’s competitiveness through research and development, product and service innovation, plant and technology maintenance and introduction of the Best Available Technologies (BAT), improvement in production efficiency, improvement in product and service quality, and assurance of employee health and workplace safety.

The €2.5 million invested by the company in 2014 includes introduction of BAT in the field of monitoring and reduction of air emissions, to work on water treatment facilities, and to work on removal of coverings reinforced with asbestos fibre, the company said in a press release.

“Our Group looks at sustainability as a lever for development, an opportunity to generate value. For an organisation as multi-faceted as ours, adopting a sustainable management model is a complex undertaking requiring no small leaps in our way of thinking,” said Angelo Radici, president of RadiciGroup.

In its 2014 Sustainability Report, the company claims that the percentage reduction in direct emission of greenhouse gases for 2010 to 2014 was 78 per cent. Similarly, the percentage reduction of total direct and indirect greenhouse gas emission in 2014 in comparison to 2013 was 26 per cent, while the percentage reduction in total direct emissions was 46 per cent.

RadiciGroup has obtained external assurance at the GRI B+ Application Level of conformity to the sustainability reporting guidelines issued by the GRI. (HO)

Fibre2fashion News Desk - India

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