Page 87 - Sustainability report 2018 Ratti Group

The risk from acts of corruption is still less
for other Group companies since the activities
that generally risk amounting to corruption are
not executed by these companies or – if they are carried out – are of marginal importance due
to the fact that these companies only carry out workmanship on an outsourced basis for the Parent company and/or directly on behalf of the latter.
For details see paragraph 6.4 “Risk management and preventing corruption”.
The main risks of a social nature
The analysis of social aspects identified the type of risk with the greatest impact: those relating to the health and safety of the end customer. Consumers are increasingly sensitive
and attentive to their choices: they therefore demand a product that is not only safe, but also pays attention to environmental factors
and satisfies ethical conditions.
These topics receive great attention in the fashion sector and from the Group’s major customers.
For further information see Chapter 3 “Material becomes creation”.
The main risks relating to human rights
The Ratti Group monitors risks associated with the violation of human rights and, in particular, the use of child labour on its operational premises and by its suppliers.
For more details of the policies to safeguard human rights and the fight against child labour see Chapter 2 “Uniqueness and talent, ingredients for success” and Chapter 3 “ Material becomes creation”.
The main risks of a social nature
Description of the main risks
The risk of harm to the health of end-consumers due to chemical substances in the products.
The risk of not responding to
the expectations of customers who require an increasing use of products that come from certified supply chains.
Mitigation action taken
The Group partners with its suppliers to develop solutions that meet high safety standards.
In 2017 Ratti launched its responsible collection which uses certified raw materials.
The Group launched two projects: the Chemical Sustainability Project, which is aiming to eliminate water and oil repellent finishing
and, subsequently, to eliminate PFCs in the production cycle and to develop the responsible collection without using premetalised dyes. The objective is to reduce pollution released into the environment and in the wastewater.
Also used and updated during 2018 was the Chemical Gateway of the ZDHC – Zero Discharge of Hazardous Chemicals – to verify compliance of chemical products and dyes in use.
The main risks relating to human rights
Description of the main risks
The risk of the violation of human rights by Ratti’s suppliers at operational premises abroad, with subsequent reputational damage.
The risk of child labour.
Mitigation action taken
Ratti SpA and Creomoda Sarl are SA8000 certified.
This safeguards human rights as expressed in the Group’s Code of Ethics and in the Suppliers’ Code of Conduct that all Ratti’s trade partners must agree to comply with.
Major suppliers and those coming from those countries considered to be at risk in terms of respect for human rights are asked to complete a self-assessment questionnaire for SA8000.
Hiring policies for Ratti SpA, Creomoda Sarl and Textrom Srl specify minimum age requirements for hiring workers and set out the appropriate procedures for checking these requirements are observed.
2018 SUSTAINABILITY REPORT | RATTI GROUP
85