Page 86 - Sustainability report 2018 Ratti Group

CHAPTER 6 | Governance and monitoring corporate ethics and risk management
For a group such as Ratti which works with some of the biggest names
in international fashion who are attracted by Made in Italy, the creativity and professionalism of personnel
is a key success factor. Ratti therefore seeks to attract talent, and also
tries not to lose it.
Principal risks associated with the management of personnel
Description of the main risks
Mitigation action taken
Risk of injury and/or occupational illnesses.
Ratti SpA has management systems in place for social accountability (SA8000) and health and security in the workplace (OHSAS 18001).
Creomoda Sarl has a management system for social accountability (SA8000) which includes aspects relating to health and safety. Since 2015 the company has also had a Committee for health and safety at work and since 2016 a manager responsible for health and safety at work.
Textrom Srl has a consultant who is specialised and dedicated to ensuring compliance with national regulations, with a contract that stipulates periodic visits, and includes the provisions and updates of the Risk Evaluation Documentation and subsequent training.
In 2018, both in Creomoda Sarl and in Textrom Srl the employees took part in health and safety training.
The risk regards the ability
to attract and retain talent in a sector in which peoples’ expertise is an extremely important competitive factor.
Ratti SpA continually collaborates with schools and professional institutes, with the dual aim
of improving the level of professionalism in the labour market and enhancing the skills of young Ratti employees.
The Group conducts both internal and external training. This makes it possible not only for employees to acquire knowledge and expertise, but also enhances and rewards them by investing in their professional future.
The Group invests in corporate welfare polices with the aim of increasing employee retention.
Principal risks associated with the management of personnel
There are two aspects with regard to the principal risks associated with the management of personnel identified by the Group: safeguarding health and safety in the workplace and the Group’s ability
to attract and retain highly specialised personnel, which makes it possible to maintain a high level of product quality.
The risks for workers in terms of health and safety relate mainly to the production process, i.e. to the use of plant and machinery in the various phases of product manufacturing.
Failure to retain talent is a risk faced by various sectors, given that the labour market is highly flexible. For a group such as Ratti which works with some of the biggest names in international fashion who are attracted by Made in Italy, the creativity and professionalism of personnel is a key success factor. Ratti therefore seeks to attract talent, and also tries not to lose it, guaranteeing a working environment that is stimulating, challenging, and rich with opportunities to learn and to grow.
For more detail on the polices for safeguarding the health and safety of employees and on managing talent see Chapter 2 “Uniqueness and talent, ingredients for success”.
Principal risks associated with corruption
The risk of acts of corruption includes the possibility that corporate representatives could commit acts that are illegal and significant from
an administrative point of view and/or criminal
in relation to third parties. With regard to private individuals the risk of corruption is adequately monitored by the Parent company, which in 2018 carried out a complete mapping of activities that are sensitive to crimes covered by Legislative Decree 231/01, which includes all corruption offences relating to both public administration and private individuals. As for the Public Administration, the Ratti Group considers this risk to be limited given that it does not take part in tenders.
Principal risks associated with corruption
Description of the main risks
Mitigation action taken
The possibility that corporate representatives might commit illegal acts that are particularly significant from an administrative and/or criminal point of view,
and could lead to penalties or reputational damage.
Update of the Code of Ethics of the Group and the MOG 231/01 of Ratti SpA by adding the crimes of corruption between private individuals.
Establishment of the whistleblowing policy. Approval of the Suppliers’ Code.
Establishment of the Group’s Code of Ethics with the role of disseminating the principles of the Code of Ethics and dealing with any reports of violations.
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