07
Goals
2020 - 2025
Charting Our Path: Sustainability Objectives
The chapter regarding objectives is the result of our constant commitment to issues of sustainability and social responsibility. In this chapter we will present a summary of our sustainability strategy, highlighting our past goals, relative progress and future objectives. This analysis will provide insight into our current path to sustainability.
Looking forward: Our Sustainability Roadmap
The new objectives we set ourselves for the short and long term aim to improve our performance in terms of Environmental, Social, and Governance (ESG). They reflect our ambition to reduce environmental impact, promote social and environmental sustainability along the supply chain and comply with relevant national and international standards. These objectives are constantly developed and defined as our sustainability strategy is enriched and adapted to new challenges, risks and opportunities.
A Dynamic and Resilient Approach
Our flexible approach allows us to respond proactively to changes and continuously improve our practices. This ensures that our path towards sustainability is always in line with our stakeholders’ expectations and the best global standards. We align with internationally recognized standards, such as the Task Force on Climate-related Financial Disclosures (TCFD), the Taskforce on Nature-related Financial Disclosures (TNFD), and the Science Based Targets initiative (SBTi), as well as updated standards from our certifications and memberships.
Consistency and Values: Our Essence of Benefit Corporation
As a Benefit Corporation, we are committed to remaining consistent with the beneficial purposes present in the statute. This allows us to operate in a transparent and responsible manner, pursuing objectives that go beyond profit and which aim to create a positive impact on society and the environment.
Aligned with the Global Goals: Agenda 2030
In line with the path undertaken, we are committed to pursuing the sustainable development goals of the United Nations 2030 Agenda. This alignment not only guides our daily actions, but also enables us to contribute to sustainable and inclusive growth worldwide.
Governance
| Objectives / Targets | Time horizon | Status quo | Actions taken / to be undertaken |
|---|---|---|---|
| Integrate the sustainable development goals of the UN Agenda 2030 into company activities | ∞ (Goal in by-laws) | / | / |
| Guarantee transparency through periodic publication of detailed reports on company performance | Annually |
|
– Periodic preparation of internal reports; – Annual public reporting according to official standards |
| Adopt an integrated management system | 2025 |
|
– Obtaining ISO 9001 certification in 2023; – Ongoing management system integration process |
| Expand and diversify investment areas, contributing to more SDGs | Annually |
|
– 2023 investments regarding various areas, with reference to SDGs 3,4,5,16,17; – More targeted investments regarding biodiversity in the planning phase |
Human capital
| Objectives / Targets | Time horizon | Status quo | Actions taken / to be undertaken |
|---|---|---|---|
| Promote the well-being of employees, collaborators, customers, suppliers and the local community | ∞ (Goal in by-laws) | / | / |
| Reduce the number and rate of injuries by increasing ad hoc training | 2024 | / | – Increase in hours of training on OSH topics; – Increase in the number of annual OSH meetings |
| Diversify training based on employee requests | 2023 |
|
– Annual survey / request to employees |
| Increase staff awareness regarding the use of the Listening Desk service | 2023 |
|
– Raising awareness for participation in the listening desk at the corporate event for presentation of the 2022 Sustainability Report |
| Implement mentorship and support programs for female staff | 2025 | / | – Currently in the planning stage |
| Promote gender equality and equal opportunities within the company, through continuous training for all employees on the topic of gender equality | Annually |
|
– Preparation of training material on gender equality, accessible from the digital bulletin board and through the company newsletter |
| Achieve 40% female presence in the workforce | 2024 |
|
– In 2023: 4% increase in percentage compared to the expected 5%. |
| Organize/participate in workshops on inclusion and gender equality topics | Annually |
|
– In 2023: participation/organization in/of events on gender equality and inclusion issues (for example, “Women’s Empowerment Principles (WEPs)” event, organized during the OroArezzo 2023 fair; – Panel – Women driving Sustainability in Mining held during the Vicenza Oro 2023 fair) |
| Provide training opportunities specifically aimed at developing and improving female professional leadership skills | 2025 |
|
– Currently in the planning stage |
| Develop an even more specific HR policy based on the principles and guidelines set out in the D&I Policy, which reiterates equal opportunities and gender equality | 2024 |
|
– Implementation of internal HR policy that also includes DEI policy content |
Climate change and biodiversity
| Objectives / Targets | Time horizon | Status quo | Actions taken / to be undertaken |
|---|---|---|---|
| Organize at least 2 team building and sustainability events, involving a greater number of employees in participation and raising awareness on varied topics. | Annually |
|
– In 2023: team building initiatives, such as Green Day and presentation of the 2022 Sustainability Report |
| Reduce environmental impact and promote research and development in industrial activity | ∞ (Goal in by-laws) | / | / |
| Continue the process of making the systems more efficient | Annually |
|
– In 2023, efficiency improvements affected various plants (references in chapter 5 of this Report) |
| Continue to monitor consumption to prioritize research and development areas and improve environmental performance | Annually |
|
– Regular monitoring and implementation of a more consistent reporting and monitoring system |
| Continue to report greenhouse gas emissions according to the ISO 14064 standard and based on this assessment implement emission reduction paths | Annually |
|
– Annual assessment and analysis of greenhouse gas emissions through reports in line with the ISO 14064 standard; – Certification of the 2021 report; – 2023 report undergoing certification |
| Set GHG emissions reduction targets according to SBTi | 2025 |
|
– Commitment to submit climate targets to SBTi within 24 months |
| Adhere to the SBTN, to reduce our impacts on nature, integrating short-, medium- and long-term objectives | 2025 | / | Currently in the planning stage |
| Reduction and efficiency of waste management | 2025 | / | – More efficient waste management solutions are currently being studied |
Supply chain and community
| Objectives / Targets | Time horizon | Status quo | Actions taken / to be undertaken |
|---|---|---|---|
| Promote social and environmental responsibility through training and awareness | ∞ (Goal in by-laws) | / | / |
| Guarantee traceability and transparency along the entire supply chain | Annually |
|
– Continual control of the supply chain through rigorous due diligence procedures |
| Continue to protect the environment both locally and worldwide, conducting adequate checks and verifications both documental and with visits to the supply chain | Annually |
|
– Regular conducting of site visits in the supply chain |
| Continue to report and raise awareness in the supply chain on environmental issues, biodiversity, protection of human rights and gender equality through EYC | Annually |
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– Continual verification of the documentation certifying environmental protection through KYC and EYC; – Integration of major aspects related to gender equality, climate change and biodiversity |
| Create added value for our shareholders and stakeholders, supporting local development | Annually |
|
– Creation of value for shareholders, stakeholders, employees and local communities, respecting the ethical values that define the business model, through more specific objectives with reference to human capital, supply chain and community |
| Continue to ensure high standards of integrity and ethics in our supply chain, supporting our counterparts towards a more sustainable path, and collaborating with international actors to implement sustainable projects, including those supporting artisanal mining communities | Annually |
|
– Support of counterparts for improvement of social/environmental practices (mentoring activities, implementation and updating of the Chain of information portal); – Active participation in industry events and initiatives of which we are members (for example, LBMA, RJC, RMI, IRMA, Fairmined) |
| Increase our stakeholders’ training, continuing to organize and sponsor events, projects and tools for a more transparent and sustainable supply chain | Annually |
|
– Organization of training and awareness events such as: “Women’s Empowerment Principles (WEPS)” event, organized during the OroArezzo 2023 fair; – Partner Session at the OECD Forum on Responsible Mineral Supply Chains: “Chain of Information: Raising awareness through education for a sustainable mineral supply chain” |
Creating value for our stakeholders
Local development
Continue to create added value for our shareholders and stakeholders, supporting local development where we operate and live.
Investments for sustainable development
Expand and diversify investment areas, including culture, scientific research for health and innovation, social and environmental issues, regarding human rights, biodiversity, and the fight against climate change, more generally as the sustainable development goals progress.
Protecting the environment in which we live and work
Local and global supply chain
Continue to protect the environment both locally and globally, performing appropriate checks and verifications both in documents and with visits to the supply chain.
Monitoring and development
Continue to monitor consumption, to prioritize areas of research and development and improve environmental performance. obtain the ISO 14064-1:2019 certification for quantification and reporting of greenhouse gas (GHG) emissions, regarding the commissioned Carbon Footprint report.
Sustainable infrastructure
Continue with planning and finalize the new infrastructure plan, based on
enhancement of existing structures, excellent protection for environment in which
we live, and our people’s well-being and with a greater relationship with nature.
Constant enhancement of our people
Well-being goals
Our mission is to place people at the center by continuing to protect and enhance our staff, promoting gender equality, equal opportunities and adequate corporate welfare. Among the objectives for next year, there are those of:
- increase training hours, diversifying their choice, also depending on the staff’s requests, preferences and needs regarding their work and personal growth
- expand staff awareness areas with respect to issues related to protecting the environment and the fight against climate change, promoting information and training through content sharing and event promotion
- organize more team building and sustainability events, involving a greater number of employees in participating and raising awareness on various topics
- increase staff awareness about using the Listening Desk service
Focus: gender equality
Continue to work on the topic of gender equality, implementing that contained in the Diversity & Inclusion Policy, drafted in 2022.
In particular:
- increase the female workforce percentage by at least 5% during 2023 compared to the resulting figure in 2022
- continue and increase training on DE&I topics internally within the company and externally at the supply chain level, through training courses and panel organization
- provide training opportunities specifically aimed at development and improvement of professional women’s leadership skills
- develop an even more specific HR policy based on the principles and guidelines set out in D&I Policy, which reiterates equal opportunities and gender equality
Our supply chain’s transparency and sustainability
Collaboration for a sustainable supply chain
Continue to guarantee the highest standards of integrity and ethics in our supply chain, supporting our counterparts on a more sustainable path, and collaborating with international actors to implement sustainable projects, including those in support of artisanal mining communities.
Raising awareness through training
Increase our stakeholders’ training path, continuing to organize and sponsor events, projects and tools for a more transparent and sustainable supply chain.
