Page 68 - Sustainability Report 2019

CHAPTER 6 | Governance and monitoring of corporate ethics and risk management
With increasing monitoring
of aspects of sustainability,
Ratti SpA has adopted a range
of polices and instruments,
that have been communicated and implemented by the various companies of the Group according to the specific needs and various contexts in which they operate.
With increasing monitoring of aspects of sustainability, Ratti SpA has adopted a range of polices and instruments, that have been communicated and implemented by the various companies of the Group according to the specific needs and various contexts in which they operate.
In particular, Ratti SpA, Creomoda, La Maison des Accessoires and Textrom have adopted their own social accountability policy and safeguard the fundamental rights of persons, with a particular focus on forced
and compulsory child labour, health and safety in the workplace, and no discrimination against workers during the recruitment phase and following hiring (see Chapter 3, paragraph 3.3 “A commitment anchored in the most advanced standards”).
With regard to environmental aspects the Group’s companies have adopted an Environmental Policy with the aim of safeguarding the environment and promoting a sustainable development agenda, both
in terms of making company processes more efficient and in terms of using products and services with a lower environmental impact, focusing attention on
the selection of suppliers (see Chapter 4, Box “The environmental policies of the Ratti Group”). In 2019, Creomoda updated its environmental policy to include the activities of the new company La Maison des Accessoires.
With regard to social themes, managing the health and safety of consumers is important. This aspect is linked to the quality of the product and the possible negative impact of the use of chemical substances related to the production processes. Both Ratti SpA
and Textrom monitor the chemical substances used to guarantee compliance with the prevailing regulations and the customers’ specific requests, as stipulated in the certifications obtained by Ratti SpA, such as Seri. co, Oeko-Text, RCS and GOTS. The same attention is requested of suppliers, e.g. the request to comply with the REACH regulation (see Chapter 3, paragraph 3.3 “A commitment anchored in the most advanced standards”).
With regard to corruption, Ratti SpA has Model 231/01, updated to November 2018 and integrated with the Whistleblowing Policy. As required by the Model, there is also a Supervisory Body (see paragraph 6.2 “The bodies and instruments that monitor corporate ethics”). For the Group’s other companies, the main monitoring methods are the Code of Ethics, whose purpose
is to receive and manage any reports of violations, including those relating to conduct that could violate the provisions of the Code (see the paragraphs “The Code of Ethics” and “A management of risks that includes sustainability”).
The management of personnel and the respect
for human rights are covered in the personnel and selection policies of Ratti SpA, Creomoda, La Maison des Accessoires and Textrom. No discrimination of any type is tolerated and selection is based exclusively
on merit and the equitable treatment of candidates. Particular attention is given to practices of verification and hiring with regard to minors (see Chapter 2, paragraph 2.1 “Ratti’s employees”).
monitor corporate
6.2 The bodies and
the instruments that
ethics
Ratti SpA’s Board of Directors has formed a Risks Control Committee and a Directors’ Remuneration Committee from among its members, and in 2018 also appointed a Group Ethics Committee. The other supervisory bodies for laws and regulations relating to financial and social matters are the Board of Statutory Auditors and the Supervisory Board.
In their turn, these control bodies have access to
a number of instruments and policies that ensure compliance with the Standards and appropriate Group behaviour, i.e. the Code of Ethics and the Suppliers’ Code adopted by all the Companies of the Group, Model 231 and the Social and Corporate Accountability Policy (which includes aspects of safety, the environment, energy and quality) in Ratti SpA as well as the Environmental and Social Accountability Policies active in Creomoda, La Maison des Accessoires and Textrom.
The Ratti Group guarantees that it complies with applicable legislation with regard to its operations, through the activities and checks carried out by accredited internal offices (e.g. legal office, financial
The Working Group for sustainability
As the engine of sustainability in Ratti, the Working Group plans and puts
into practice, in line with the Group’s policies, and in accordance with the guidelines, programmes and actions of environmental and social sustainability.
Coordinated by the Group’s Innovation Manager, the Group avails itself
of contributions from leaders and specialists in Human Resources, Communication, Chemicals Management, Sales and Operations.
The Group operates on the basis
of timed action plans, and in 2019 carried out a feasibility study on new products and sustainable services, launched new product certifications, promoted the organisation’s Life Cycle Assessment, developed a sustainable offer, organised training course on sustainability for the Company’s personnel, participated in external communication initiatives, and cooperated in the drawing up of the sustainability report.
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