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RadiciGroup releases 2017 Sustainability Report

03
Oct '18
Courtesy: Radici Group
Courtesy: Radici Group
The RadiciGroup, a leading producer of fibres and nonwovens, has release the 2017 Sustainability Report. Prepared according to the Global Reporting Initiative (GRI) Standards, the report synthesises numbers into graphics and tables that clearly and transparently show how the Group is committed to environmental sustainability ‘in the field’ on a daily basis.

The site of the Sustainability Report presentation was the Bortolotti Sports Centre in Zingonia, Bergamo, training headquarters of Atalanta B.C.

“Following our excellent environmental performance in recent years – also thanks to sizeable investments at all our sites, our trends in emissions, energy and the use of resources stayed positive. Even on the social front, the figures on Group workers were very good. RadiciGroup is growing in terms of human resources, not only from a numerical point of view but also – and more importantly – from a professional perspective,” Angelo Radici, president of RadiciGroup said in a RadiciGroup press release.

According to the report, today, the Group’s renewable source electrical energy mix is 40.3 per cent of total electrical energy consumption, and the goal is to continue along this path to ensure high levels of green energy. During the three-year period 2015-2017, total primary energy consumption of fossil fuels dropped from 6.43 GJ/t to 6.19 GJ/t, and, during the last six years, decreased by 22 per cent.

Of particular note, is the benchmark comparing the standard energy mix available at the national level with the mix selected by the Group for its business activities. Indeed, the Group’s specific choice to use green electric power and lower environmental impact fuel enabled its sites to emit 24.5 per cent less greenhouse gas than they would have using the standard national energy mix. That percentage was obtained calculating emissions based on the effective mix of the Group and the mix of the individual countries where the plants within the reporting boundary were located.

The type of outstanding employment agreements highlights the importance the Group has always given to the continuity of work relationships; 91 per cent of work contracts are permanent contracts. Sustainability is always the result of teamwork. In pursuit of this aim, during the previous two years, RadiciGroup shared supplier and customer codes of conduct with the other players in the supply chain, so as to make the entire chain sustainable. The response was more than positive, with great attention to the themes of the physical integrity of people, safeguarding of the environment, and observance of the law. Additionally, the amount of net global added value (capability of a company to produce wealth and distribute it to its stakeholders by using fewer resources) is noteworthy. (GK)

Fibre2Fashion News Desk – India


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