We are proud to introduce you to the third Sustainability Report of Manuli Ryco S.p.A.
Our 2024 Sustainability Reports strives to create long-term value for all stakeholders by integrating sustainability into every aspect of our operations; It is central to our business model, our resilience, and our long-term value creation.
This year marked a significant shift in the Environment, Social and Governance (ESG) regulatory landscape. The European Union’s Corporate Sustainability Reporting Directive (CSRD) required organizations like ours to elevate the quality, scope, and rigor of ESG reporting. We recognize that meeting these standards is not merely a compliance exercise, it is an opportunity to build trust, credibility, and resilience in our relationships with investors, regulators, and civil society.
Key Highlights:
Environment
The energy consumption of the group is mainly linked to the production plants and car fleet.
The Group identified and quantified direct and indirect GHG emissions.
Effective supply chain management and logistics planning emphasizes route optimization to minimize costs while maximizing efficiency in terms of load capacity.
In 2024, of the total waste generated by the operations, approximately 92% is non-hazardous waste.
The Life Cycle Assessment (LCA) of best-seller products will identify opportunities to reduce the carbon footprint, improve resource efficiency, and enhance the sustainability of the value chain.
Social
We welcomed a diverse group of new employees distributed across our global operations to foster a dynamic and inclusive workforce that spans multiple regions and cultures.
Investing in employee education and training is crucial to producing a skilled staff and establishing a competitive, appealing work environment.
The group allocates a dedicated budget for charitable donations that goes from humanitarian aid to medical research and support to the local communities.
Governance
Implementation of the Audit Charter in 2024, to clarify the department’s scope, methodology, and organizational positioning.
The group’s Ethical Code was revised and update to refine its contents.
Visit our Sustainability page for more information and to request a copy of the latest Sustainability Report