With the creation of the 2030 Agenda, 193 countries in the world have chosen to adopt a more sustainable approach to the planet.
This vision has brought ESG and sustainability topics to the center of business processes and choices.
For a company, sharing its principles means being part of a great change, in which every action becomes important for its own development and for the common good.
ESG
The acronym ESG (Environment, Social, Governance) refers to the responsibility that every company has towards the planet and the community. Adopting these principles, attention is paid not only to environmental impacts but also to ensuring the well-being of workers and the local community. Equally important are Governance actions, implemented with a view to legality and the fight against unlawful conduct.
IMPACT ANALYSIS
Assessing impacts and using KPIs for constant monitoring are key to measuring business performance, making the results obtained in the ESG field tangible. They also support the identification of strategic actions and the definition of new objectives.
SUSTAINABILITY REPORT
The Sustainability Report contains data and accounts of the actions taken by the company in the economic, social and environmental fields, developed with criteria derived from GRI. Published annually, it is a sign of transparency towards stakeholders.
In its Sustainability Report, a company offers a complete overview of the activities and processes implemented in terms of Governance, Welfare and the environment. It also provides data on the - positive or negative - impacts of its activity in relation to the Sustainable Development Goals (SDGs).
It is therefore a tool that in practice testifies to the company’s full transparency, and translates into significant advantages:
REPUTATION
Communicating and giving free access to company choices and actions undoubtedly helps to strengthen a company's image towards customers and all stakeholders.
ACCESS TO CREDIT
Commitment to ESG and sustainability topics helps boost investor confidence and allows easier access to capital.
CONTINUOUS IMPROVEMENT
The reporting process produces greater awareness of a company’s impacts and is an incentive to further improve management and production processes.
Since adopting the ESG model, Mondo has achieved major results in terms of sustainability as well as in terms of innovation and business competitiveness.
Research into reducing impacts has led, for example, to the creation of sustainable flooring that uses recycled and renewable resources for 50% of their weight.
Similarly, at company level the adoption of an efficient energy management system has allowed us to reduce consumption and helps us monitor improvements.
For companies wishing to embark on a sustainability path, we share three factors that have supported and continue to support us in achieving our goals:
CREATING A SUSTAINABILITY TEAM
Including internal staff and external sustainability experts, the team is fundamental for the development and management of ESG and sustainability actions.
SETTING CONCRETE OBJECTIVES
A starting point for defining sustainable objectives, both at company and product level, is to comply with ISO standards and start the process for the Environmental Product Declaration (EPD).
RAISING AWARENESS
An important action for a company’s sustainable development is to raise awareness on ESG topics, both internally and externally. Obviously, unlawful conduct such as Greenwashing, which is counterproductive to the company's reputation, must be absolutely avoided.