Sustainability Projects
Our definition of the Sustainable Development Goals
Specific objectives have been defined for each pillar to be pursued through 26 medium and long-term projects. The objectives are the outcome of a process that began with the analysis of Gefran’s positioning and the risk/opportunity framework of the reference market. At all levels of the Group, the management has been involved to define key indicators and monitor results over time. Dialogue has been opened with stakeholders and people who work in Gefran have been heard. The following paragraphs illustrate the policies of the four pillars accompanied by the projects to implement the strategy and its objectives.
THE CENTRALITY OF PEOPLE
Projects
Objectives
Projects and Objectives
Develop training plans
By 2026, train 90% of employees in skills that are crucial to Gefran’s development in the coming years
Deliver a sustainability
training plan
By 2026, involve 80% of employees in training activities on ESG issues, tailored to the needs of corporate functions
Integrate ESG goals into
annual MBOs and all
managers’ LTIs
By 2024, extend an evaluation system on the achievement of ESG targets to all managers
Integrate ESG into
employees’ and workers’
performance bonus
By 2024, assign part of the performance bonus for employees and workers after ESG objectives are achieved
Create a community
on D&I
Create a space dedicated to the D&I community on the kenFLY platform to promote opportunities for discussion and training and to promote diversity and inclusion values at all levels. By 2028, reach 80% of employees through space access
Boost female access to
STEM disciplines
By 2024, start an educational campaign in local schools
Introduce an Integrated
Management System to
harmonise the operating
standards of Group
companies
By 2025, obtain all certifications (ISO 9001, ISO 45001, ISO 14001 and SA 8000)
Promote a culture of
security
Reaching the Group’s zero injuries target by 2025
Train employees on IT risks
Train all employees on cyber and cybersecurity risks by 2024
Minimise IT risk
By 2024, reach and maintain a low-to-medium level of cyber risk 4.0
Monitor Customer
Satisfaction
Conduct a biennial customer survey, reaching a rate of compliance (RI) greater than 95% by 2028
THE CONTRIBUTION TO THE ECOLOGICAL TRANSITION
Projects
Objectives
Projects and Objectives
Map emissions
Develop a carbon footprint management model to collect and calculate Scope 1, 2 and 3 data by 2023
Develop a decarbonisation strategy
By 2024, identify the initiatives to reduce CO2 emissions (taking into account regulatory, economic, technological and market contexts) estimating the impact of the initiatives in relation to the levers
activated
Only use electricity from certified renewable sources
Ensure all energy used by all Group companies is from certified renewable sources by 2025
Reduce the environmental impact of the fleet
Introduce vehicles with a reduced environmental impact in the company fleet by 2029
Only use airlines with sustainable policies
By 2026, draw up a plan to use airlines that have already adopted policies to reduce impacts
SUSTAINABLE PRODUCT INNOVATION
Projects
Objectives
Projects and Objectives
Offer developed products with a sustainable approach
Achieve 15% of total revenues from developed products with a sustainable approach by 2025
Reduce production waste
Reduce production waste by 30% by 2028 through process controls and the use of more effective materials in production processes, both internal and supplier
Use fully recyclable packaging
Use fully recyclable material for packaging in logistics processes by 2028
Reduce paper purchase and consumption
Ensure that all paper bought is Forest Stewardship Council (FSC) certified paper by 2026. By 2026, reduce the percentage of paper used with respect to the previous year by raising employee awareness
As part of the Smart Manufacturing project, achieve paperless
production (including product technical documentation)
By 2028, eliminate paper consumption on the number of production orders generated and handled in a year
Introduce products with a recycled raw material component
By 2025, ensure 25% of product life cycles (PLCy) are completed and approved in the year for which recycled raw material content is expected to exceed 30% of the weight of the product
THE SUSTAINABILITY OF THE SUPPLY CHAIN
Projects
Objectives
Projects and Objectives
Reduce the proportion of waste disposal
By 2025, reach a share of unsorted waste of less than 30%
Standardise collection from Conflict Minerals Reporting Template (CMRT) suppliers
By 2023, keep a CMRT file updated annually, automating the processing of the annual survey
results
Introduce the Sustainability Pact for new suppliers and gradually ensure that all suppliers in the register adhere to it
By 2024, ensure 80% of the participating suppliers, selected according to certain criteria* (excluding distributors)
*Direct, indirect suppliers and services for turnover, strategic/critic suppliers, labour-intensive suppliers,
waste management suppliers
Establish a multi-annual audit plan on suppliers of direct materials globally
By 2027, carry out an audit of 10 suppliers of direct materials per year