Nachhaltigkeit
Awareness and commitment to balanced and sustainable growth
Aufsichtsratvorsitzender

PiovanGroup sustainability achievements

APPROVAL OF
13 ESG GOALS
in line with the Sustainable Development Goals (SDGs)

-32.4%
Emission reduction
(scope 1 + 2 + 3)

72%
of employees participated in regular
performance and Career Development Reviews

Approval of
Whistle-
blowing
Procedure
ESG - Environmental sustainability
Plastic is much more recyclable than you think; in fact, many of the plastic polymers can potentially be recycled into new products while minimising environmental pollution.
Plastic has a low environmental impact in the production phase due to its relatively low melting temperature and light weight. It also has a low impact on scarce resources as it derives from processing waste, if virgin, or from recycled material (unlike other packaging, such as paper that can contribute to deforestation).
The Group is increasingly focusing on solutions for the recovery of post-consumer plastic and its processing. We are constantly working with the biggest industry players to offer innovative solutions using recycled or biodegradable plastic.

RECYCLING AND BIOPLASTICS
Our aim is to provide our customers with the best possible technologies so that they can process recycled plastics with the highest quality standards, optimising impacts and offering reliable, high-performance, design products.
Since 2006, the Group has supplied equipment and systems for hundreds of plants dedicated to recycling plastics or using recycled plastics.

ECO-DESIGN
The Group designs and makes products with an average useful life of 10-15 years and ensures high standards of post-sales service, including a retrofit service that increases a product’s remaining useful life. Once a machine is decommissioned, it can be dismantled for parts, which are over 84% recyclable.

ENERGY EFFICIENCY
The production activity of the PiovanGroup, focused on assembly, and as such is not as energy intensive compared to traditional manufacturing.
In 2025, the Group reduced its total energy consumption from fossil sources by 8% compared to 2024, while increasing its use of energy from renewable sources by 94%.

ENVIRONMENTAL POLICIES
Environmental impact management and control system, with a view to continuous effective and sustainable improvement with ISO 14001:2015 certification for the parent company. The performance indicators identified in this area are:
• Energy consumption and related emissions
• Waste management
• Water consumption management

EFFICIENT TECHNOLOGY
The Piovan Group offers technologies and machinery designed to maximize the energy efficiency and reduce the emissions of its customers.
Among these, the Genesys dryers are equipped with inverters to modulate power and reduce pressure drops.
Even some families of Chillers, such as: Easycool and Ecosmart. can use gases with low GWP (Global Warming Potential).

DIVERSITY & INCLUSION
PiovanGroup encourages the participation and responsible involvement of its people, also through social dialogue, in order to improve their inclusion and ensure that its values and culture are fully understood. Respect for the diversity value within the Group and inclusion are principles practised daily by the Group's management and disseminated throughout the organisation.
The Diversity, Equality and Inclusion Policy (DE&I) promote and ensure respect for equal opportunity, equality and ensure a decent working environment.In 2025, 15,3% of employees are women.

TRAINING
PiovanGroup considers training a strategic resource. The investment in training is therefore not only initial, but is distributed over time, in order to foster professional growth, individual motivation and professionalism to ensure the quality of products and services. Piovan has always believed that the development and sharing of skills are factors that determine the creation of a solid and successful company.
During 2025, 50,088 hours of training were provided by the Group.

SAFETY
The safety and health of the Group's employees are a priority. Creating a safe and comfortable workplace means not only ensuring full compliance with laws and regulations, but also working constantly to develop and keep up-to-date a comprehensive risk analysis and spreading a culture of health and safety.
Confirming its commitment to occupational health and safety, in 2019 the parent company achieved ISO 45001:2018 certification (Occupational Health and Safety Management Systems). During 2023, the Health and Safety Policy was approved at a Group level, which complements the existing policies.

WORK LIFE BALANCE
Actions taken to promote well-being and worker development are defined based on an ongoing feedback process, including analysis of feedback collected through the Global Employee Survey.
Numerous actions have been taken such as, for example: flexible working hours; various types of part-time arrangements; smart working opportunities.

HUMAN RESOURCES DEVELOPEMENT AND PROTECTION
Approval of 3 goals, related to 11 activities for Training and Diversity & Inclusion, in line with the SDGs Quality Education, Gender Equality, Decent Work and Economic Growth, and Reducing Inequality:
• Foster internal growth through a performance management program;
• Supporting the development of employees' skills by increasing training hours and extending Academy accessibility to all Group Companies;
• Foster the creation of an inclusive and equal opportunity business environment by increasing minority and female representation in strategic roles and in the workforce.
ESG - Governance
In order to clearly define core values and responsibilities, the Piovan Group has decided to adopt a Code of Ethics, approved by the Board of Directors of the parent company, transposed by the subsidiary entities.

BOARD OF DIRECTORS
The Board of Directoris consists of 7 members, 2 of whom are executive (29%) and 5 of whom are non-executive (71%). The Chairperson of the BoD has an executive role. the Board’s gender diversity ratio, calculated as the ratio of male to female Board members, is 2.5 (5 men and 2 women).
In addition to the functions assigned to it pursuant to the law and the Articles of Association, the Board is exclusively responsible for making the most important decisions from an economic and strategic point of view and in terms of the structural impact on operations, i.e. those decisions which are functional to the monitoring and guidance activities of the Company and the Group, including the definition of corporate structuring.

SUSTAINABILITY COMMITTEE
In 2025, the Group, following its delisting and, then, the dissolution of the Control, Risk and Sustainability Committee, felt the need to create its own internal Sustainability Committee (the “Committee”).
The Committee assists the BoD by providing advisory and consultative functions in the assessments and the decisions relating to the main sustainability issues.

WHISTLEBLOWING
In 2024, the Piovan Group adopted a Whistleblowing channel with a related procedure and training to allow for the anonymous reporting of potential abuses and to ensure appropriate interventions by the Group's designated bodies.

CODE OF ETHICS
The principles set out in the Code are aimed at increasing the efficiency of the organisation, directing the addressees towards positive objectives, capable of producing benefits both for those directly concerned and for the reference environment as a whole, through the improvement of internal relations and attention to good reputation.
Through the Code of Ethics, the Group has sought to highlight and disseminate the values that have always accompanied it, such as
- correctness
- transparency and accessibility of information
- diligence and professionalism
- valorisation, responsibility of human resources and proper use of company assets
- equal opportunities and prohibition of harassment
- health and safety at work.

ESG RISK MANAGEMENT
Piovan S.p.A. has adopted an ERM (Enterprise Risk Management) framework based on the COSO framework, alongside an ESG ERM system. This system evaluates risks related to sustainability and sustainability reporting, while also assessing the adequacy of the controls in place to mitigate those risks.
The purpose of the project is to involve business functions in the identification of the main risks, provide an effective tool for their management and monitoring that ensures business conduct consistent with the objectives approved by the Board of Directors.

VALUE CHAIN
The Group adopts an integrated approach to the value chain, focused on quality, innovation, and sustainability.
From Research, Development & Engineering to in-house production, and through to installation and after-sales service, every phase is designed to meet market needs with efficient and responsible solutions.
The Group uses a very large number of suppliers and sells its products to more than 7,000 customers worldwide, promoting the use of recyclable materials and the energy efficiency of our products.
A concrete commitment towards a circular and low environmental impact economy.






























ESG - Social sustainability
The quality of what we do reflects the quality of the people who work with us. People who know they can count on an organisation that motivates each employee, enhances their talents, and enhances their skills.
People who enjoy an optimal working environment, have good career opportunities, and are proud to be part of a Group in which they trust and with which they share objectives and values.
NUMBER OF EMPLOYEES
TYPE CONTRACT