Dear Stakeholders,

I am pleased to present our 2023 Sustainability Report, a document that reflects our ongoing commitment to environmental, social and governance (ESG) sustainability; guidelines that are clearly present in the Group’s corporate strategy, with the aim of creating value for all our stakeholders: employees, shareholders, customers, suppliers and local communities.

The Group, which started this process voluntarily, ahead of European Union regulations and the entry into force of the Corporate Sustainability Reporting Directive, continues its ongoing commitment to improving sustainability reporting, believing that it represents an opportunity to share strategies, actions and the environmental, social and economic impact produced, which are useful for ensuring greater understanding of our Group’s activities.

In the past year, which was characterized by the geopolitical criticalities in the international context and by a complex economic situation, we continued to pursue the medium-long term objectives of the Group through operating activities and investments. The installation of solar panels at the Calcinate plant has been completed, promoting the self-production of electricity from renewable sources and improving our overall energy efficiency. We have increased our investment in the Australian start-up for the sustainable production and processing of vanadium, which represents an important step towards product diversification and the support of green technologies. To ensure transparency and accountability, we have strengthened our governance on sustainability topics by obtaining ISO 9001 (Quality) certification for the Industry Division, while work is underway for ISO 14001 (Environment) and ISO 45001 (Occupational Health and Safety) certifications, demonstrating our commitment to excellence in internal processes and the protection of the environment and health and safety at work. Our commitment to local communities continued, preserving jobs and supporting local economies, demonstrating that the well-being of people and communities is a fundamental priority for the Group.

The completion of the new Calcinate plant and the adoption of sustainable solutions highlight our ability to adapt and thrive even in uncertain times.

In conclusion, our commitment to sustainability is not just a corporate value, but a responsibility towards the future. We intend to continue on this path, increasingly integrating ESG principles into every aspect of our operations. With the commitment and collaboration of all our stakeholders, we are confident that we can achieve sustainable and long-lasting growth over time.

President and Managing Director
Paolo Clerici