Stakeholders
Against this backdrop, RadiciGroup has implemented all appropriate measures to best meet Customer demand on the basis of its strengths: optimised
Strengthening the sustainable solution offer with new recyclable and recycled products.
A widespread production, distribution and sales network, as a guarantee of proximity and continuity of supply for customers.
R&D activities, with a strengthening of projects in the area of circularity and process and product sustainability, also on the basis of eco-design, to develop high-performance solutions and materials, where possible based on sustainable intermediates, that can be translated into safe, durable, lightimpact and recyclable products, in line with the most pressing market demands.
Solid upstream integration processes fully under control.
with
Constant awareness of the challenges of different sectors, from circularity to green chemistry, from sustainable fashion to electric mobility and med-tech (medical sector with a high technological content).
Suppliers Disclosures 102-9, 102-10
"We seek the best to provide the best. In our Group, we choose our Suppliers based on criteria of competitive advantage, equal opportunity, cost-effectiveness, quality, sustainability, as well as on the basis of objective assessments that protect the interest and reputation of our companies. We select Suppliers after we have established their reliability, their ability to provide adequate goods and services, and their guarantee of compliance with applicable regulations with a particular focus on legislation on occupational health and safety and environmental protection. To do this, we use objective and verifiable criteria that do not preclude potential access to all those Suppliers who meet the necessary requirements.
To ensure maximum transparency and efficiency of the procurement process, we have set up an adequate traceability system in each Group company, storing the relevant documentation, in compliance with current regulations. We require Suppliers to comply with the agreed conditions and we also adhere to them." - From the RadiciGroup Code of Ethics -
We work with Suppliers according to principles of transparency, loyalty and fairness with a view to stable and enduring business relations.
Learn more about the Supplier Code of Conduct.
Strategic Materials and Logistics function The Group production processes are extremely diversified and complex, starting with raw materials: caprolactam, phenol, olone (cyclohexanol-cyclohexanone mix), ammonia, adiponitrile, and polypropylene, polyethylene and polyester polymers, which are absolutely essential materials for RadiciGroup processes. The Strategic Materials & Logistics function is responsible for centralised coordination of the various procurement process phases and management of raw materials purchasing.
The tasks of the function thus include: negotiating contractual conditions, procurement logistics and distribution to RadiciGroup sites, safe storage and monitoring the risk of big suppliers. There are about 70 strategic raw materials Suppliers worldwide on framework agreements. They cover around 65% of the Group's procurement expenditure and are essential for all its activities. Packaging and Transportation is another department of 35
