18 19 SUSTAINABILITY IN OUR DNA 2022 Sustainability Report Material issues and SGDs The process that we have introduced to raise awareness of sustainability issues involves all corporate functions in a multi-stage process: • First, a kick-off meeting was organised in which the senior management set out to front-line staff a strong and explicit commitment to delivering the transformation necessary to make Guardini a truly sustainable company. • Following this meeting, interviews were conducted with heads of department aimed at identifying strengths in the current management of sustainability issues and areas of lesser control, considering the entire value chain and taking into account relevant aspects that emerged from relations with key stakeholders. • An analysis of various internal and external sources, key peers and reference frameworks, including the SASB and GRI Standards, enabled us to identify and update industry sustainability trends and understand Guardini's positioning with respect to specific ESG issues. • As a result of this analysis, a workshop was held with senior management and heads of department to define the significant impacts from which risks and opportunities arise that contribute negatively or positively to creating or maintaining the company's value in the short and long term. The results from this work allowed the impacts to be grouped into ten material issues, which were prioritised according to the level of significance for the company and the importance attributed by stakeholders. The materiality analysis process enabled us to gain greater awareness of the impacts of our activities and to identify the issues covered in this report, with the ultimate goal of ensuring full alignment between stakeholder expectations and sustainability reporting. The material issues identified will be the basis for formalising a Sustainability Plan, a fundamental tool for monitoring the development of projects and the effectiveness of the activities undertaken and to assess the progress achieved against the defined objectives as part of a continuous improvement process. Category Relevance Engagement method Priority topics Institutions and governmental bodies which also includes Chambers of Commerce and Consulates • Events and webinars • Calls for tenders and support projects • Active participation in development • Regulatory compliance Trade Associations leading ones such as FIAC (ANIMA), FEC, API, CBA • Conventions • Technical-institutional round tables • Support and active role in category development Credit institutions • Company results presentation • Occasional meetings • Risk management • Availability, timeliness and accuracy of information Suppliers of raw materials, traded products, non-core products and services • Questionnaires • Audit • Regular meetings • Trade fairs • Code of Conduct • Reliability and continuity of the relationship • Collaborative support and responsibility in the supply chain Business Partner such as production line designers, material suppliers, sub-suppliers • Development projects • Regular meetings • Involvement and support for innovation Agents • Regular meetings • Trade fairs • Customer visits • Reliability and continuity of the relationship Local Community and NGO Associations • Initiatives in the local area • Supporting public benefit initiatives Academia including colleges, vocational schools and universities • Training courses within the company • Employment and training opportunities Media Offline and Online • Interviews and press conferences • Availability, timeliness and accuracy of information Competitors direct and indirect, national and international • Trade fairs • Events and webinars • Press review Relevance for stakeholders Impact of Guardini Ethical and responsible governance Environmental Governance Social Resource and waste management for a circular economy Responsible marketing and sustainability awareness Technological innovation and digitisation Responsible supply chain Open innovation, inter-company collaboration and dialogue with associations Occupational health and safety Development and protection of human resources Reducing the environmental impacts of production Sustainable design
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