Sustainability plan

RENEWABLE ENERGY

Increase the purchase of energy from renewable sources
Install new plants for renewable energy production 
(Objective related to Board remuneration)

Increase the production of renewable energy to at least 15% of the Group's energy requirements (starting figure as of 31.12.2022). 

In 2022, self-generated electricity accounted for 6% of the total purchased electricity. 1% was produced by photovoltaic panels.

Installation of a further three photovoltaic systems over the next two years.

Report the indirect emissions of SCOPE 3; 
(Objective related to Board remuneration)

Implement internal activities aimed at obtaining ISO 14064 certification for in-scope companies;

Identify energy efficiency and reduction plans.

By 2024, the Group must be able to monitor and report the indirect SCOPE 3 emissions generated by its business.

Obtain  ISO 14064 certification for the three companies in the pilot project (El.En. - Quanta - Deka)

From 2024 onwards, annually report at least 5 Group-wide project initiatives to reduce emissions (one per year) including calculation of CO2 avoided

Define a climate change risk analysis in compliance with the principles defined by the TCFD, including the identification of the financial impact that climate change may have on performance and the business model. (Starting with the definition of potential risks and opportunities on the core business related to Climate Change in compliance with the recommendations of the TCFD and CDP). 
Achieve CDP rating score B of the El.En. Group by the end of the Sustainability Plan

EUROPEAN TAXONOMY

Carry out the analysis of the Group's activities for the environmental objectives of the European Taxonomy - Regulation 852/2020 and prepare the necessary actions to declare these activities taxonomy aligned. 

Conduct an analysis of El.En Group activities that are aligned with the Taxonomy and put in place the necessary controls, procedures and actions so that eligible activities can also be considered aligned. (By the time all six environmental objectives of the European Taxonomy - Regulation 852/2020 are published).

REDUCE PAPER AND PLASTIC USE

Identify initiatives and projects to reduce the use of paper and plastic Report on digitisation and collaboration projects with third parties

WASTE

Improve the treatment and recovery process of collected waste

Increase information on the correct disposal of laser devices and device packaging

Increase the share of waste sent for recycling to at least 35% of the total waste sent for recovery

(27% of total waste sent for recycling in 2022).

WELFARE, DIVERSITY AND EQUAL OPPORTUNITIES

Develop innovative welfare policies

Promote equal opportunities by developing an inclusive culture through training and awareness-raising initiatives on diversity and inclusion

HEALTH AND SAFETY

Improve occupational health and safety performance with a view to reduce and eliminate accidents to protect the health of workers and the working environment.

Consolidate the plan of training and prevention activities, the updating of risk detection procedures and the use of protective PPE.

Continuous improvement of health and safety conditions for workers through the development of new initiatives.

SURVEY AND COMMUNICATION

Develop a working environment where people feel involved and motivated to build their professional future through the use of annual surveys.

Dialogue and support of local communities through social, cultural and educational initiatives;

Communication campaigns to disseminate the Group's mission and strategy on sustainability issues to all stakeholders in order to play an active role in building a supportive and inclusive community;

Listen to the needs and expectations of all stakeholders to avoid loss of image and reputation.

YOUTH EMPLOYMENT 

Promote youth employment through partnerships with colleges and universities. Promote activities aimed at guiding young people's choices in study paths in line with the demands of the labour market. 

REDUCE THE IMPACT OF INDUSTRIAL PROCESSING

Bring industrial technologies to the market, which reduce environmental impacts and consumption by improving industrial processes, quality and labour productivity 

CYBER SECURITY

Ensure the protection of IT systems and data through security and vulnerability analyses of corporate infrastructures; Raise awareness among top management and employees about cyber risks and train them to recognise them.

PRODUCT QUALITY AND SAFETY


Continuous improvement of the quality and safety of products and services in compliance with technical regulations, at every stage of the production process to meet the high standards required by the business;

Digital transformation by introducing technologies and equipment to optimise quality control processes and make them greener.

FIGHT AGAINST CORRUPTION

Adopt preventive measures, policies and training geared towards the prevention of corruption from all relevant aspects

HUMAN RIGHTS

Targeted training to disseminate a broad understanding of human rights principles and how they are universally applied.

SUPPLIER CODE OF CONDUCT

Implement a Supplier Code of Conduct for the El.En. Group (Target already present in the past Sustainability Plan, therefore to be implemented by 2024)