Sustainability in Rossi
Strategies for a more sustainable future
We are committed, as members of the Moovimenta Group (link alla news), to a mission of sustainability at a corporate, cultural and policy level.
At Rossi, we trust conducting our business in a responsible and sustainable manner. We recognize that our products have an impact on the environment and the communities in which Rossi, our customers and suppliers operate, during the production and the operation of our gearmotors. Therefore, we strive to minimize those impacts through the entire product life cycle, from raw material to recycling.
At Rossi, we trust conducting our business in a responsible and sustainable manner. We recognize that our products have an impact on the environment and the communities in which Rossi, our customers and suppliers operate, during the production and the operation of our gearmotors. Therefore, we strive to minimize those impacts through the entire product life cycle, from raw material to recycling.
Rossi ESG is focusing on making a difference and is embracing the 17 Sustainability Development Goals (‘SDGs’) of the United Nations as well as the UN Global Compact Ten Principles (the ‘UN 10 Principles’), covering 4 areas:
- Human Rights
- Labor
- Environment
- Anti-Corruption
Rossi is striving to have positive impacts particularly in the following 5 United Nation SDGs, supported by concrete projects.
- Human Rights
- Labor
- Environment
- Anti-Corruption
Rossi is striving to have positive impacts particularly in the following 5 United Nation SDGs, supported by concrete projects.
Environmental
Sustainability and economics are not mutually exclusive. We aim to positively impact our customers' environmental sustainability by reducing their energy, water, and material consumption. We apply a holistic view to ourselves and our customers' processes and commit to reducing our resource usage and carbon emissions. Our purchasing policies include an environmental sustainability assessment of suppliers. We have a Group target: to become net-zero regarding Scope I and II by 2030 through energy-saving measures, renewable energy sources, and carbon offsetting. The Group will determine and provide the Product Carbon Footprint for all component products. The Group's managerial reward and objectives systems contain a meaningful component towards improving their environmental perspective of ESG.
Social
We aim to balance the social needs of stakeholders with economic goals in an equitable manner. We believe that social needs and economic desires are not mutually exclusive.
We provide secure employment, promoting global employee mobility, valuing inclusion and diversity, conducting employee surveys and exit interviews, offering challenging and rich job contents, prioritizing health and safety, and positively impacting the local communities where we operate. We identify and endorses volunteering opportunities and make donations to local charities. We believe in paying the full taxes due in the countries where we operate and will compile an annual social impact report with metrics and commentary.
Governance
We have a Group governance model, tailored to our size and circumstances. The model aims to mitigate risks to reputation, ensure business continuity, and realize economic and strategic aims for profitable growth. Key elements of the governance model include a Board of Directors with a good balance of resources, consistency across agendas, policy establishment by group functions, and monitoring by boards. The group code of conduct covers ethical business behaviors and whistleblower policies. We mitigate reputational and business continuity risks: we monitor social media and quality metrics, we have supplier audits for ESG risks, and business continuity planning. We maintain a strong financial foundation, including a strong balance sheet, avoiding high debt gearing, and we believe in a conservative dividend distribution. The policy for operating in conflict zones and areas of political unrest focuses on protecting employees and maintaining neutral political stances.
Our Goals
8
Our commitment to pursue growth whilst nourishing people safeguarding our planet
9
Our commitment to focus upon innovation activities in the field of sustainable solutions
12
Our commitment to improve resource usage in our own and our customers’ processes
13
Our commitment to reduce carbon emissions in our own and our customers’ processes
17
Our commitment to engage in partnerships across the value chain in achieving the goals