02

A sustainable approach

Sustainability as a
holistic vision

For over 38 years our mission has been to be the reference point for our customers within the precious metals supply chain, offering excellence, quality, safety, innovation and reliability. We are inspired by the principles of compliance, ethics, transparency, confidentiality and integrity, adopting the highest international standards and guidelines in the management of our activities in all contexts in which we operate.

We consider sustainability as the engine of a continuous improvement process that guarantees results over time and the strengthening of economic performance and our reputation.

The protection of the environment, the protection and promotion of human rights, the respect of safe and fair labor standards, also through technological innovation, represent the founding principles of our way of operating, in line with the 2030 Agenda of the United Nations.

The United Nations 2030 Agenda for Sustainable Development was presented in 2015. It represents an important awareness of the entire international community that is finally committed to collaborating and working every day to achieve the 17 common goals.

This is why we support the initiative, in line with the values of our company in a holistic vision of sustainability, where every single goal must be considered.

The objectives are the basis of the new 2020-2025 Business Plan that will accompany Italpreziosi on a path towards excellence thanks to its Sustainable Business Model, based on four pillars.

“Italpreziosi is a totally innovative company from the technological point of view, which places man, his dignity, his continuous improvement and his well-being at the center, able to integrate economic and human value. Ethical with care and respect for the environment, with emissions next to 0, compliance with the resources of the planet, to help to leave it in good condition to the next generation, by investing and enhancing the surrounding area with events that are in social culture ”
Ivana Ciabatti, CEO di Italpreziosi

Materiality assessment

At Italpreziosi we are aware of the centrality of all 17 Sustainable Development Goals (SDGs) and that is why we consider the need to treat them holistically and not individually. Each goal influences the other, and it is therefore necessary, within the limits set by our range of action, to include the 17 goals in all our activities. The Materiality Assessment process is central to the drafting of the Sustainability Report. The methodological process has integrated the following phases:

The significant issues are identified by carrying out an analysis of the business context and of our business plan

The issues that more than others will have a fundamental impact both inside and outside the company activities have been identified. In doing this, the involvement of our stakeholders and the inclusion of their visions in ours is fundamental

All issues and aspects identified and prioritized in compliance with the principle of “completeness”

All these values, in addition to being fundamental in the drafting of the Report, were the crucial themes for the development of the 2020-2025 Business Plan. 

Identification
Prioritization
Validation
Report
Review
Stakeholders involvement
Involving our stakeholders is a fundamental and constructive step for Italpreziosi to understand its current and future performances, but also to seek solutions for all those challenges our industry is facing. The evaluation of our performances together with an updated evaluation on the common fundamental themes and dialogue, are the basis of our daily work and the creation of a shared value in the long term. We regularly involve our stakeholders, from personnel to suppliers, customers, local communities, institutions, associations, industry groups, the press, with the aim of transparently transmitting our values and establishing relationships of trust and promoters of development. sustainable development of our sector. A survey was carried out which involved all our stakeholders, in order to identify and implement the common objectives.

Themes of common relevance

On the next page, we can see schematized all those themes of primary interest common with our stakeholders. In light of these, we decided to develop the relationship following four macro-areas that group them:

CONSTANT
ENHANCEMENT
OF OUR PEOPLE

TRANSPARENCY
AND SUSTAINABILITY
IN OUR
SUPPLY CHAIN

CREATION OF VALUE FOR OUR STAKEHOLDERS

PROTECTION OF THE ENVIRONMENT IN WHICH WE LIVE AND OPERATE

MAIN ACTIVITIES FOR INVOLVING OUR STAKEHOLDER

SHAREHOLDERS
  • Periodic meetings
  • Shareholders’ meeting/li>
  • Sustainability report
  • Annual report
Board of directors
  • Periodic meetings
  • Sustainability report
  • Annual report
Management
  • Meetings monthly with the ceo and department managers
  • Supervision and application of the sustainability and business strategy
  • Sustainability report
  • Annual report
Local communities
  • Support for local and national initiatives and events in various areas
  • Sustainability report
  • Social network and website
National and international institutions and authorities
  • Meetings with representatives po local, national and international
  • Institutional and institutional issues on sector issues
  • Periodic communications
  • Constant collaboration
  • Visits to our headquarters
Voluntary organizations and trade associations
  • Membership and participation in lbma, rjc, rmi, un global compact, eiti, wgc
  • Collaborations and partnerships in projects with multi-stakeholder, for
  • The implementation of sustainability projects
  • Participation in round tables on sector issues
  • Periodic communications
  • Events, conferences, seminars and training initiatives on sustainability
  • Issues: creation of guidelines and sharing of best practices
  • Constant collaboration
  • Company visits
Public services
  • Collaborations on safety
  • Environmental impact
  • Regular safety exercises
  • Sustainability report
  • Periodic communications
Customers and suppliers
  • Corporate communications
  • Periodic satisfaction survey
  • Due diligence on boarding process
  • Reports and comparisons through industry association
  • Sustainability report
  • Social network and website web
  • Visits to our headquarters
  • Visits to our customers
  • Clear and timely, updated communication
  • Collaboration for better sustainability in the supply chain
  • Code of ethics and supply chain policy
  • Guarantee the best service
  • Chain of information
Personal
  • Periodic communications on organizational news
  • Periodic climate work survey
  • Refresher and training training
  • Coordination meeting between various departments
  • Periodic corporate events
  • Sustainability report
  • Social network and website
  • Code of ethics
  • Welfare system
  • Digital bulletin
Competitors
  • Meetings organized by industry associations
  • Visits and communications
  • Collaborations in projects and round tables for the creation of a supply chain more sustainable
Universities and institutes
  • Scientific research support with unifi
  • Support for local training courses in the sector
  • Meetings of our ceo with institutes of local training
  • Social network and website
Press
  • Press relations office
  • Social network and website
  • Sustainability report

Stakeholders & italpreziosi

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Ph: Nikita Casucci