We are now in the fifth edition of our sustainability report and it is time to take stock of the journey so far and think about the challenges ahead.
Inrecent years, important projects have been undertaken: among the most ambitious are those regarding the circular economy, which have led us to rethink our production cycle in order to 'close the circle', trying to keep materials as long as possible in the value chains and giving a second life to production waste. In recent years, thanks to these initiatives, a 70% reduction in waste production has been achieved, with more than 12,000 t per year of by-products sent to new production cycles. Under the social pillar, on the other hand, attention was paid to the stability of staff employment and their growth and training, especially in uncertain times such as those during and after the Covid pandemic. In this we can point out that over 97% of our contracts are permanent and almost 95% of our staff are involved in training activities.
We believethat sustainability is a strategic element for Sacco System: this is particularly true for our research and development and innovation activities. In particular, we sought to understand how our core business could help create a positive impact and respond to sustainability issues, both local and global, such as reducing food waste, promoting sustainable food supply chains, and preventing and treating disease and other health problems.
SaccoSystem has so far drawn up its sustainability report on a voluntary basis: this choice has allowed us to inform and train, to create engagement and, first and foremost, to learn how to monitor environmental and social parameters that had not previously been taken into account, and on which we have therefore been able to start working to improve.
Starting in 2026, we will be required to prepare our sustainability report, at a consolidated level, as required by the European Union's Corporate Sustainability Reporting Directive (also known as CSRD). This will represent a major challenge for us, that we are already preparing for: we have started to think at group level, involving all companies included in the reporting activities in a progressive manner, and at value chain level; we will update our list of material topics, according to a double materiality perspective, considering their impacts, risks and opportunities: the results of the materiality analysis will be able to provide the corporate board with strategic information on the transformations to be made, in order to align relevant sustainability topics with the corporate strategy, to seize the opportunities of the just and ecological transition and to ensure the sustainability of our business model by meeting the expectations of our stakeholders.
The economic, environmental and social macro-context that we operate in together with all our partners and stakeholders is today complex and rapidly changing. The sustainability challenges to solve the two-fold social and environmental crises are becoming more and more pressing and interconnected, and, as Sacco System, we will strive to contribute to the achievement of sustainable development by adapting and implementing a resilient business model, thanks also to our reporting and engagement activities with our stakeholders.