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Sustainability report 2023

We are very pleased to share our achievements, including maintaining carbon

neutrality at our sites, progressively introducing environmentally-friendly materials in our production output, repairing and reconditioning products, and recycling metals.

Your contribution is essential as we continue to integrate economic, environmental, and social dimensions into our business model, making a tangible contribution to the overall progress of society.

We recognise that these accomplishments would not be possible without your support and collaboration.

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Sustainability strategy

In SEW-Eurodrive Italy, sustainability is fully integrated into our business strategy.

As a result of a materiality analysis and an impact assessment with our internal and external stakeholders, seven material topics emerged:

 

+ Occupational health and safety

+ Adapting to climate change

+ Combat climate change (reducing consumption and emissions)

+ Enhancing skills and wellbeing

+ Increase circularity

+ Spreading and growing a sustainable culture

+Economic performance/Market presence

 

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Highlights

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SDGs & ESG topics
The green side of... → Economy and Governance: the ESG material topics → People: the ESG material topics → Product & Services: the ESG material topics → Supply chain: the ESG material topics → Production and Processes: the ESG material topics Economy and governance: the ESG material topics + Spreading and growing a sustainable culture + Market presence + Economic performance People: the ESG material topics + Occupational health and safety + Enhancing skills and wellbeing (material topic) + Spreading and growing a sustainable culture Products & Services: the ESG material topics + Increase circularity + Spreading and growing a sustainable culture + Economic performance/Market presence Supply chain: the ESG material topics + Spreading and growing a sustainable culture Environment: the ESG material topics + Adapting to climate change + Increase circularity + Combat climate change (reducing consumption and emissions) + Spreading and growing a sustainable culture
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Economy and governance:
the ESG topics

+ Ethics and transparency in the business (material topic)
+ Presence, application and dissemination of the Code of Ethics
+ Market presence
+ Economic performance

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PeopleMobile
People:
the ESG topics

+ Occupational health and safety - material topic
+ Dissemination and growth of a sustainable culture - material topic
+ Gender equality
+ Digital culture
+ Enhance skills and wellbeing

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Products & Services:
the ESG topics

+ Assessing the environmental and human impact of products (material topic)
+ Product and process research and innovation
+ Mechanical and electrical quality of products; Product conformity and safety; Sustainable service

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PeopleProduction
Supply chain:
the ESG topics

+ Sustainable supply chain assessment

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Production and Processes:
the ESG topics

+ Reduce consumption and emissions (material topic)
+ Increase circularity
+ Combat climate change
+ Protect biodiversity

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Three macro-pillars:

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ENVIRONMENTAL

By the end of 2026: reduce and offset Scope 1 and 2 greenhouse gas

emissions to reach Carbon Neutrality, aligned with our parent company’s

programmes. By the end of 2030: reduce and offset Scope 1, 2, and 3 greenhouse gas emissions.

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ECONOMIC

Increase low-emission solutions and products, expanding related business and sales markets. Focus on products and services that enable sustainability for the company’s customers.

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PEOPLE

Our goals include achieving 29% female representation, having 10% of

employees under 30, maintaining a Trust Index GPTW of at least 68%,

ensuring 80% of our workforce is aware of their DISC© profile, and

eliminating the gender pay gap compared to external market benchmarks.

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Stakeholder

Being sustainable means listening to stakeholders to understand their needs and establish balanced relationships that create value for both parties.

It is important that a company dialogue by proper means and strategies.

Thus, we introduced new ways of engaging stakeholders in the materiality process.

 

The first innovation was the participation of the entire company staff, who, for the first time, were involved in selecting the material topics. A total of 139 employees, or 65% of those eligible, responded to the survey.

The second innovation was assigning different weights to the various categories of stakeholders involved.

The third innovation involved some particularly significant clients and suppliers through a survey.

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CTA Finale-En
➡️REPORT 2021                                                                    ➡️SINTESI 2021
 ➡️REPORT 2022                                                                   ➡️SINTESI 2022
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