De longhi group's report
De longhi group's report
6 Sustainability report terms
The De’ Longhi Group sustainability reporting process, launched in 2017 with the Consolidated Non-Financial Statement (NFS) and the Sustainability Report and continued with the non-financial reporting activity during the previous and current year, enabled the Company to measure and understand its sustainability performance and made it aware of the need to undertake a structured path of gradual and significant integration of sustainability into its business model with the aim of defining specific actions aimed at the control and mitigation of impacts, aiming to generate shared value for the company and its stakeholders in the long term. In this context, in the first few months of 2019, the Sustainability Steering Committee, the corporate governance body, established by the top management with the aim of defining the strategic line of the Group regarding sustainability issues. Three Sustainability Pillars have been identified, according to which the chapters of this Report are also structured and on which the Group intends to structure its sustainability strategy: “Valuing our people, the Everyday makers”, “Integrating sustainability in product design and innovation”, “Running sustainable supply chain and operation”.
As part of its ongoing activities, the planning activity is proceeding with the identification of initiatives and objectives, in line with the priorities outlined by said long-term strategy, with the aim of improving the Group's non- financial performance, as well as of contributing positively to society and the environment.
- heritage
- Heritage
/ˈher.ɪ.tɪdʒ/ , Noun
Features belonging to the culture of a particular society, such as traditions, languages, or buildings, that were created in the past and still have historical importance:
These monuments are a vital part of the cultural heritage of South America.
- materiality
- Materiality
məˌtɪəriˈæləti/ , Noun
A measure of how important a piece of information is when making a decision:
The first instruction states that materiality will depend on the facts of the tender offer.
- recoverable
- Recoverable
/rɪˈkʌvərəbl/ , Adjective
Relating to money that can be got back after it has been paid, spent, taken by someone, etc.:
Removal expenses might be recoverable if you have to move to a different area in order to find work.
- reliability
- Reliability
/rɪˌlaɪ.əˈbɪl.ə.ti/ , Noun
The quality of being able to be trusted or believed because of working or behaving well:
The entire office is dependent on her reliability and competence.
- stakeholder
- stakeholder
/ˈsteɪkˌhəʊl.dər/ , Noun
A person or group of people who own a share in a business.
- sustainable
- Sustainable
/səˈsteɪ.nə.bəl/ , Adjective
Able to continue over a period of time:
That sort of extreme diet is not sustainable over a long period.