Sustainability Report 2019
Product performance MANAGEMENT APPROACH DISCLOSURE GRI 103-1 Product sustainability has a long history at RadiciGroup. For over thirty years, the Group has been producing polymers from pre-consumer recycled material; for the last twenty years, it has been using green energy for production; and, for over fifteen years, it has been using materials recovered from end-of-life products. Since 2003, RadiciGroup has been constantly reducing the quantity of emissions responsible for global warming. All this, however, is not enough. The new scenarios and the evolution of stakeholder needs, together with a legislative context increasingly focused on circularity, as already mentioned, mean that, year after year, the Group's product philosophy is becoming more complex and articulated in order to meet increasingly sophisticated sustainability needs. Today, RadiciGroup’s low environmental impact products are developed and produced, while focusing on the following commitments: • To develop new concepts through innovation, particularly circular, process and product innovation. • To measure the impact using scientific methods, so as to ensure the Group can make sound decisions and act with transparency in the market. • To optimise processes through specific investments, as indicated in the chapters dedicated to economic and environmental performance in this Report. • To rationalize the use of raw materials, choose renewable energy sources and reduce scrap and waste, as detailed in the section on environmental sustainability. • To consider product end of life from the beginning of product development, fostering the use of raw materials with low environmental impact and better recyclability, coupled with formulations that consider the entire life cycle in terms of high durability, performance and potential recycling with high added value. • To work with suppliers, customers, associations and partners from the scientific community towards a sustainable production chain, exhibiting concrete and constant engagement, as indicated in the sections of this Report specifically dedicated to these stakeholders. The Group's sustainable products – the result of this philosophy – each feature no less than two characteristics qualifying them as a preferable choice in terms of lowering environmental impact, both for customers engaged in further processing of the materials and for end users.
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