Page 12 - Parmalat 2017 Consolidated Statement
P. 12

Sustainability at Parmalat

               The  Parmalat  Group,  while  it  has  not  yet  formally  adopted  a  Sustainability  Plan,  considers  sustainability  a  key
               factor of its operations. Consequently, its commitment encompasses all aspects of the Group’s activities, starting
               with the procurement of raw materials, along the entire production process, up to the supply and distribution of
               its  products  to  consumers  and  numerous  commercial  partners.  This  commitment  is  also  applied  to  the
               management  of  human  resources  (particularly  with  regard  to  their  development  and occupational  safety),  the
               management of the environmental impact and, more in general, all of the communities within which the Group
               operates or whose activities generate an impact.

               Even though this is the first year of preparation of a global and structured report regarding non-financial/economic
               topics , the Group had been monitoring for several years numerous indicators regarding product quality, personnel
               management and environmental issues.
               This monitoring activity, carried out with a continuous improvement approach, provided a starting point in the
               planning and implementation of important operational investments in recent years, aimed at ensuring compliance
               with  regulations,  improving  manufacturing  efficiency  and  reducing  the  risks  (and  impacts)  deriving  from
               consumption of raw materials, effluent discharge, potential spills, emissions and waste production, and reducing
               accidents and injuries at the Group.

               The reference documents is the Code of Ethics of the Parmalat Group, which provides a framework for business
               activities, starting with the Group’s Mission and values for its employees. The Group’s ultimate purpose is to create
               value  for  its  shareholders  by  respecting  the  principles  of  ethical  business  conduct,  performing  a  useful  social
               function by promoting the professional development of its employees and serving the communities within which it
               operates, contributing to their social and economic progress. The Company values of ambition, engagement and
               with simplicity provide guidance for the conduct of employees and associates.

               This  approach  presumes  a  relationship  based  on  trust  with  the  numerous  stakeholders  who  gravitate  in  the
               Group’s  sphere  of  activity.  The  Group  carried  out  a  mapping  of  its  stakeholders,  identifying  their  degree  of
               influence and analyzing the significance that industry sustainability issues have for them. The chart that follows
               presents a map of the Group’s stakeholders:


                Trade associations                                                              Consumers

                Authorities, local govern-
                                                                                       Employees and unions
                ments and control entities


                Business partners                                                                 Suppliers




                Customers                                                           Local organizations and NGOs


                Local communities                                                  Shareholders and investors


               The Consolidated Non-financial Statement of the Parmalat Group focuses on the importance (materiality ) of the
               various issues related to its activities. Accordingly, the Group carried out a materiality analysis process, performed
               in  accordance  with  the  sustainability  reporting  guidelines  of  the  GRI  (Global  Reporting  Initiative),  aimed  at
               identifying the issues that could have a considerable impact on the Group’s ability to create value over the near,



               12                      Consolidated Non-financial Statement at December 31, 2017 Pursuant to Legislative Decree No. 254/2016
   7   8   9   10   11   12   13   14   15   16   17