Awareness and commitment to balanced and sustainable growth
APPROVAL OF
13 ESG GOALS
in line with the Sustainable Development Goals (SDGs)
61%
of employees participated in Periodic
Performance and Career Development Reviews
Approval of
Whistle-
blowing
Procedure
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.
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.
PiovanGroup holds 22 patents related to the circular economy.
Since 2006, the Group has supplied equipment and systems for hundreds of plants dedicated to recycling plastics or using recycled plastics.
The production activity of the PiovanGroup, focused on assembly, and as such is not as energy intensive compared to traditional manufacturing.
In 2024, has decreased its total energy consumption from fossil sources by 5.3% compared to 2023. In total, the use of energy from renewable sources increased by 61.1%.
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
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).
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.
In addition, the Board of Directors has approved the Diversity Policy aimed at promoting and protecting gender, age and seniority diversity in relation to the bodies in office.
In 2024, 15% of employees are women.
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 2024, 52,808 hours of training were provided by the Group.
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.
Piovan S.p.A. has developed a welfare plan that allows employees to improve their work-life balance and to access innovative personnel management policies.
The actions in place are numerous, starting from the flexibility of working hours which allows autonomy in time management, to the granting of various types of part-time.
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.
The Company considers an adequate governance structure and an effective control environment to be a fundamental element of its management and organisation, as a set of instruments, processes and bodies necessary and useful to direct, manage and verify corporate operations, with a view to efficient and ethical business practice.
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.
The Board of Directors is currently composed of 7 members, 5 of whom are non-executive and 5 independent. The Chairman of the Board of Directors has an executive role. In addition to the powers assigned to it by law and the Articles of Association, the Board of Directors has exclusive jurisdiction over the most important decisions both from an economic and strategic point of view and in terms of their structural impact on operations, i.e. those functional to the monitoring and guidance of the Company and the Group.
The composition of the Board of Directors by gender is 57% male and 43% female.
The Piovan Group utilizes a Sustainability Task Force led by the Group CFO, which updates management, the CEO and the CRSC on ESG goals, identifies impacts, risks and opportunities and prepares the documentation for the CSRD and the Sustainability Report.
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.
Through the Code of Ethics, the Group has sought to highlight and disseminate the values that have always accompanied it, such as
The PiovanGroup began in 2019 a journey to develop a risk monitoring and management system by adopting an Enterprise Risk Management based on the CoSO ERM-Integrated Framework.
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.
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