Standard & Poor’s has once again recognized the Group for its outstanding results in Corporate Sustainability Assessment practices. The 2024 performance was excellent across all areas, with the most significant growth since 2023 recorded in the social dimension.
“We are proud to have improved our position in this prestigious rating, and I would like to thank all our people for their commitment,” commented Marco Nespolo, CEO of Fedrigoni, “because attention to ESG practices has been deeply embedded in every action, every choice, and our entire strategy for years now.”
The Global ESG Score (by Standard & Poor’s, one of the most authoritative sustainability ratings worldwide) has once again recognized the Fedrigoni Group for its excellent ESG performance, awarding it a score of 74 (an impressive 10-point increase compared to 2023) bringing it significantly closer to the top-performing companies. Fedrigoni is a global benchmark in the production of specialty papers for packaging and other creative applications, self-adhesive labels, graphic supports for visual communication, and RFID.
"We are proud to appear once again, and with a significantly improved result, in S&P’s prestigious sustainability rating," commented Marco Nespolo, CEO of Fedrigoni. "I can only thank all our people, as attention to these practices has been deeply embedded in every action, every choice, and the Group’s entire strategy for years now. We are committed to monitoring progress in reducing CO2 emissions, water consumption, and waste management, accelerating sustainability-driven innovation, preventing workplace injuries, fostering an inclusive and learning-oriented environment, and creating value for the communities in which we operate.”
According to the evaluation committee, the most significant improvements were recorded in the social dimension (+15 points), with high appreciation for programs dedicated to safeguarding human rights, employment development, occupational health and safety protection, and engagement with local communities. In the areas of economy and governance, the key aspects highlighted were the transparency of sustainability reporting, the ESG assessment of the supply chain, and the focus on emerging risks and cybersecurity.
Finally, regarding the environmental dimension - where Fedrigoni already had a high starting point (with a score of 68 in 2023) - all the company's policies aimed at reducing resource consumption, both energy and non-energy, were well received. Efforts to mitigate environmental impact, from climate strategies to actions supporting biodiversity, as well as initiatives to develop products with an increasingly circular approach, were particularly appreciated.
"Making Progress” - making ESG progress every day - is the approach chosen by the company. It is based on transparency, objective data, third-party verified results, and a shared responsibility among all stakeholders to achieve the 2030 goals. Among these, a key objective is ensuring that 100% of materials are designed for optimal recyclability and end-of-life recovery, with Life Cycle Assessment (LCA) available on request and supported by recognized external certifications. This long-term corporate vision has led Fedrigoni to develop innovative projects, such as facilitating the replacement of single-use plastic with paper-based solutions or designing self-adhesive label solutions aimed at improving the recyclability of primary containers at an industrial level.
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