Global ESG Score ranks Fedrigoni among best companies

The Global ESG Score has once again recognized the Fedrigoni Group for its ESG performance, awarding it a score of 74 (a 10-point increase compared to 2023) bringing it significantly closer to the top-performing companies.

The 2024 performance was excellent across all areas, with the most significant growth since 2023 recorded in the social dimension.

‘We are proud to have improved our position in this prestigious rating. I would like to thank all our people for their commitment, because attention to ESG practices has been deeply embedded in every action, every choice and our entire strategy for years now,’ commented Marco Nespolo, CEO of Fedrigoni.

‘We are proud to appear once again, and with a significantly improved result, in S&P’s prestigious sustainability rating,’ added Nespolo. ‘I can only thank all our people, as attention to these practices has been deeply embedded in every action, every choice, and the Group’s entire strategy for years now.

‘We are committed to monitoring progress in reducing CO2 emissions, water consumption, and waste management, accelerating sustainability-driven innovation, preventing workplace injuries, fostering an inclusive and learning-oriented environment, and creating value for the communities in which we operate.’

According to the evaluation committee, the most significant improvements were recorded in the social dimension (+15 points), with high appreciation for programs dedicated to safeguarding human rights, employment development, occupational health and safety protection, and engagement with local communities.

In economy and governance, the key aspects highlighted were the transparency of sustainability reporting, the ESG assessment of supply chain assessment, and the focus on emerging risks and cybersecurity.

Finally, regarding the environmental dimension - where Fedrigoni already had a high starting point (with a score of 68 in 2023) - all the company's policies aimed at reducing resource consumption, both energy and non-energy, were well received. Efforts to mitigate environmental impact, from climate strategies to actions supporting biodiversity, as well as initiatives to develop products with an increasingly circular approach, were particularly appreciated.