Sustainability Policy

SUSTAINABILITY POLICY:
SOFIDEL'S FULL COMMITMENT SET DOWN IN BLACK AND WHITE.

To consistently turn principles and values into practice, Sofidel has implemented a series of documents that define the ethical-social behaviour of every member of the organisation; a specific corporate governance system, and reporting tools. These are useful to develop trustworthy relationships based on communication, collaboration and transparency with any partner.
This led to the creation of all the instruments the Group designed to set up and monitor corporate social responsibility like all the vital sectors of its business.


Sono nati così tutti gli strumenti che il Gruppo ha messo a punto per organizzare e monitorare la responsabilità sociale di impresa in modo simile a ogni altro settore vitale della sua attività.

Code of Ethics

The guiding principles and values of Sofidel’s business summed up in a tangible set of rights and duties for those working with Sofidel.
Read the Code of Ethics

Sustainability Charter

This document sums up all our commitments towards sustainability,
which for Sofidel is a fundamental drive in the process of creating value.
Read our Sustainability Charter

Supplier guidelines

Sofidel demands behaviours and practices from its suppliers that can ensure economic, environmental and social sustainability across the whole production supplier chain.

Integrated Report

An instrument provided to all stakeholders to understand Sofidel’s values, decisions, goals and results in its value-creation process.
Read the Integrated Report

SOFIDEL'S 10 RULES ABOUT SUSTAINABILITY.
BECAUSE SUSTAINABILITY IS PROFITABLE.

Sofidel’s sustainability policy stems from a single principle: sustainability is profitable. It is profitable because no economic activity can think of surviving in the medium and long term without minimising its impact on the world, while at the same time maximising the well-being it can generate.
The set of rules lists the 10 main benefits that the Group expects in the medium and long term from its commitment towards sustainability.
Read the Set of 10 Rules

1 – CUT COSTS

Using renewable sources, increasing system efficiency, reducing consumption of energy and environmental resources and limiting polluting emissions are factors that also mean savings when economic efficiency increases.

2 – MOTIVATE PERSONNEL

With the same salary, working for a company with a social and environmental focus is more rewarding. A better and safer working environment also increases trust and team spirit, thereby creating the conditions to achieve a better performance.

3 – APPLY FOR TAX ADVANTAGES

From a fiscal point of view, governments and public institutions penalise more polluting companies by motivating firms that invest to limit their environmental impact and ensure sustainable development with rewarding treatments.

4 – RAISE MARKET STANDARDS

Investment in sustainability helps raise market standards by making it more difficult to resort to unfair competition practices. A useful instrument against so-called social and environmental dumping, an activity through which some companies try to introduce on the market products at lower prices by offering fewer guarantees to employees and not complying with environmental protection regulations.

5 – MEET CONSUMER NEEDS

People are increasingly interested in the environmental resources and consistent behaviour of companies. Their commitment towards sustainability means they can provide adequate resources for these new requirements and needs.

6 – PROVIDE A SOLUTION TO CLIENTS’ NEEDS

Being a sustainable company also means being able to meet the environmental and social criteria that public administrations and clients include in their purchase procedures. In other words, having greater chances of getting supplies and developing solid and long-lasting partnerships.

7 – ANTICIPATE THE STRICTEST REGULATIONS

Sustainability is a powerful cultural drive for technical and organisational innovation to anticipate requirements established by law.
This allows for lower operational risks, better interaction with public authorities and a greater competitive advantage.

8 – INCREASE CREDIBILITY AND TRUST

A company with a sustainable approach is a company that works to ensure it is 100% transparent. Responsibility and transparency are two complementary elements of sustainability that help build credibility and trustworthy relationships.

9 – FACILITATE ACCESS TO CAPITAL

Sustainability indicators and parameters help make access to financial markets easier. A sustainable company is a company that has a competitive advantage when dealing with banks and financial institutions.

10 – STRENGTHEN REPUTATION

The higher the values embodied by companies, the higher the consideration they have from stakeholders. In this sense being committed towards sustainability also means improving reputation, the perception stakeholders have of the company. A good reputation is a fundamental intangible asset that significantly contributes to creating added value for the brand and for the company.

Values, choices, results, objectives...with the integrated budget of the Sofidel paper group, each stakeholder can personally assess the economic, social and environmental value of the daily work of more than 5500 people. Because transparency is also a question of sustainability.

An anniversary is not only an opportunity to look over one's history and the results achieved over time, with due pride, but it is also a precious chance to re-confirm values, set new objectives and look to the future with optimism and trust.

Sofidel believes that businesses should play a vital role not only in terms of production and distribution of goods and services, but also in guaranteeing social and environmental benefits that are broader and longer lasting along the entire chain of value creation. This is why sustainability is a cornerstone and building block to Sofidel's modus operandi.