Sustainability

Awareness and commitment to balanced and sustainable growth

ESG issues are an excellent opportunity to structure sustainable growth while respecting environmental, social equity and governance values.
Nicola Piovan
Executive President

Our achievements

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

Global employee survey
with job satisfaction
for 77% of respondents

71%
of BoD members are
independent

Read the Sustainability Report 

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
Product Recyclability
Energy Management
EnvironmeNtal policies
Climate Change Mitigation

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.

PiovanGroup holds 18 patents related to the circular economy.
 
Since 2006, the Group has supplied equipment and systems for over 350 plants dedicated to recycling plastics or using recycled plastics.

Product Recyclability

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 85% recyclable.

Energy management

To accelerate the sustainability of our customers, Energys S.r.l., the Group's certified ESCo, offers its customers services and technologies to perform an in-depth analysis of consumption, identifying all potential savings, both energy and economic, within the company.

• 933 EECs sold in 2023
• 8,624 GJ customer savings generated by white certificates

Environmental policies

The Group approved an Environmental Policy in September 2023, strengthening its commitment to sustainability. The parent company maintains ISO 14001:2015 certification, ensuring a state-of-the-art environmental management system. The photovoltaic system at the headquarters was completed in 2023, in line with the approved sustainability goals aligned with SDGs 7 and 13.
Key indicators monitored include energy consumption and emissions, waste management, and water consumption.

Climate Change Mitigation

The Group has adopted four targets related to five climate change mitigation activities. The first objective is to increase the supply of green energy, both through new renewable energy supply contracts and the installation of photovoltaic systems. The second objective is to monitor the Group's consumption in order to reduce emissions by evaluating and implementing energy efficiency initiatives. The third objective focuses on measuring and reducing indirect emissions (Scope 3). Finally, the fourth objective is to adapt the business to climate change.

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
(permanent/fixed-term)
Diversity & Inclusion
TRAINING
SAFETY
WORK LIFE BALANCE
LOCAL COMMUNITIES
Human Resources Development and Protection

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.

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 and the Policy for the Protection of Human Rights.

In 2023, 17% 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 reality.

During 2023, 52,124 hours of training were provided by the Group, (+8% compared to 2022):
• 23,574 hours of technical training
• 11,054 hours of health and safety training
• 4,781 hours of soft skills training


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 (Occupational Health and Safety Management Systems) certification. During 2023, the Health and Safety Policy was approved at a Group level, which complements the existing policies.

Work-life balance

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.

Actions in place are numerous, starting with flexible working hours that allow autonomy in time management, the granting of various types of part-time and smart working, the introduction of sustainable mobility initiatives and a Global employee Survey that surveyed employees in all countries of the Group.

Local communities

The social commitment of Piovan S.p.A. is based on the concept of the company's responsibility towards the social fabric in which it is inserted and is an expression of the will of the company's top management. The deep connection with the territory translates into a continuous exchange of knowledge and experience, as the performance and success of the company also passes through the welfare of the society in which it operates.

Piovan S.p.A., among other things, contributes to the sponsorship and enhancement of sports and youth activities in the territory.

Human Resources Development 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:
• Developing of Human Capital by fostering internal growth;
• 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

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 terms of corporate governance, Piovan S.p.A. has adopted a codified structure, with particular reference to the adoption of the principles set forth in the Corporate Governance Code drawn up by the Corporate Governance Committee of Borsa Italiana.

The corporate bodies that form Piovan S.p.A. governance system are as follows:

  • Board of Directors
  • Internal Committees
  • Board of Statutory Auditors
  • Shareholders' Meeting.

Specifically, the Board of Directors is supported in its functions by three committees:

  • Nominating and Compensation Committee
  • Control, Risk and Sustainability Committee
  • Related Parties Committee.

The Board of Directors has also established a Supervisory Board pursuant to Legislative Decree 231/2001.

Board of Directors
Risk Control and Sustainability Committee
Code of Ethics
Business Integrity
ESG Risk Management

Composition of the Board of Directors

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 71% male and 29% female.

Risk Control and Sustainability Committee

As the body responsible for sustainability, the Audit, Risk and Sustainability Committee:

  • performs support and advisory functions to the Board of Directors on sustainability matters, by which is meant the processes, initiatives and activities aimed at overseeing the Company's commitment to sustainable development along the value chain;
  • examines the contents of the sustainability report and periodic information of a non-financial nature relevant to the internal control system and risk management;
  • examines and evaluates the sustainability policies aimed at ensuring the creation of value over time for the generality of shareholders and all other stakeholders over a medium to long term horizon in compliance with the principles of sustainable development as well as the sustainability guidelines, objectives and consequent sustainability processes and sustainability reporting submitted annually to the Board of Directors, including, the Sustainability Report.

Code of Ethics

In order to clearly define its reference values and responsibilities, the Piovan Group has decided to have a Code of Ethics, approved by the Board of Directors of the Parent Company, transposed by the subsidiary entities and intended for corporate bodies, auditors, personnel, as well as all those who operate in a relevant or continuous manner in the name of, on behalf of or in the interest of PiovanGroup.
The Code of Ethics constitutes a set of principles and values whose observance is of fundamental importance for the smooth operation, reliability of management and reputation of Piovan Group.

Through the instrument of the Code of Ethics, the Group wanted to highlight and disseminate the values that have always accompanied it, such as:

  • Fairness
  • Impartiality
  • Integrity
  • Diligence and Professionalism
  • Transparency
  • Occupational Health and Safety
  • Human Rights
  • Respect
  • Environment
  • Quality.

Business Integrity

PiovanGroup carries out its business activities in compliance with the values and principles contained in the Code of Ethics, in the belief that business management cannot disregard ethics in both internal and external relationships. In this regard, combating corruption, both active and passive, by rejecting it in any context and in any form, constitutes a concrete commitment for the Group.

PiovanGroup intends to raise awareness on corruption and on how to counter it among its employees, representatives, suppliers, partners and anyone who carries out activities in the name of, on behalf of or under the control of the Group and encourages their responsible involvement in order to strengthen the effectiveness and ethical reputation of PiovanGroup.

Piovan encourages people to report any irregularities in good faith through appropriate channels suitable for ensuring confidentiality on the identity of the reporter and the contents of the report, in accordance with the procedures adopted on whistleblowing.

ESG Risk Management

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.
Within this activity, Internal Audit with the support of the various functions, designed an Enterprise Risk Management ESG that considers in the assessment of identified risks and impacts to the material issues identified in the Stakeholder Engagement.
Brand
Brand

Customers.
People.
Innovation.

PIOVAN S.p.A. Via delle Industrie 16 – 30036 S. Maria di Sala VE - Italy - P.IVA 02700490275
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