SABAF ENG_WEB_CAP_4

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SABAF - ANNUAL REPORT 2012

Social and environmental Sustainability

69

Social activities and benefits Sabaf S.p.A. has signed an agreement with a bank for mortgages and consumer loans with particularly advantageous terms, acting as a guarantor for employees: on 31 December 2012, 68 employees benefited from the agreement. The Company leased eight apartments to employees near the Ospitaletto site. A new residential complex was built in 2007 with 54 units, which are allocated

on a priority basis at preferential rates to employees. Twenty-nine apartments had been sold to employees at the end of December 2012. The Company has also signed various agreements with retailers to purchase products and services at special low prices.

Litigation and disciplinary measures During 2012, 72 disciplinary measures were taken against Group employees. These break down as follows:

4 verbal warnings

22 fines

9 reminders concerning the use of personal protective equipment

8 suspensions

27 written warnings

2 dismissals

Aside from the reminder to use PPE and failure to comply with occupational safety regulations, the principal causes for disciplinary measures are unexcused absences and not being available for mandatory medical examinations (“visita fiscale�), failure to observe working hours and improper performance of assigned duties. At 31 December 2012, two lawsuits were pending with former employees.


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