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Chapter 6
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Governance and monitoring of corporate ethics and risk management 85
Principal risks associated with the management of personnel
There are two aspects concerning with regard to the principal risks associated with the management of personnel: safe-
guarding health and safety in the workplace and the Group’s ability to attract and retain highly specialised personnel, which
makes it possible to maintain a high level of product quality.
The risks for workers in terms of health and safety relate mainly to the production process, i.e. to the use of plant and ma-
chinery in the various phases of product manufacturing.
Failure to retain talent is a risk faced by various sectors, given that the labour market is highly flexible. For a group such as
Ratti which works with some of the biggest names in international fashion who are attracted by Made in Italy, the creativity
and professionalism of personnel is a key success factor. The objective is therefore to attract talent and promote its de-
velopment, guaranteeing a working environment that is stimulating, challenging, and rich with opportunities for learning.
✱ For more details on the polices for safeguarding the health and safety of employees and on managing talent see
Chapter 2 “Uniqueness and talent, ingredients for success”
Table 5 – Principal risks associated with the management of personnel
Description of the main risks Mitigation action taken
Risk of injury and/or occupational Ratti SpA has management systems in place in relation to social accountability (SA8000) and health
illnesses. and security in the workplace (ISO 45001).
Creomoda and La Maison des Accessoires have a management system for social accountability
(SA8000) which includes aspects relating to health and safety.
The management systems require that specific audits be carried out on aspects of legislative com-
pliance.
During 2020 the Group adopted various measures to protect its workers from the risk of COVID-19 in-
fection (e.g. adopting health protocols, measuring temperatures at the entrance, monitoring sanitisation
and distributing masks).
In June 2020, the Tunisian public authorities awarded Creomoda a certificate of excellence for its excep-
tional performance and the high standards it had achieved in COVID-19 risk management. Textrom has
a consultant who is specialised and dedicated to ensuring compliance with national regulations, with
a contract that stipulates regular visits, and includes the provisions and updates of the Risk Evaluation
Documentation and subsequent training.
Deficiencies in the ability to Ratti SpA continuously collaborates with schools and professional institutes, with the dual aim of impro-
attract and retain talent in a ving the level of professionalism in the labour market and enhancing the skills of young Ratti employe-
sector in which peoples’ expertise es. For Creomoda and La Maison des Accessoires, local employment market availability guarantees
represents an extremely important that personnel have sufficient expertise.
competitive factor.
The Group conducts both internal and external training. This makes it possible not only for employees
to acquire knowledge and expertise, but also enhances and rewards them by investing in their profes-
sional future. In addition, the Group invests in retention and individual growth policies for high-potential
resources and in corporate welfare policies.
The Group has investigated an internal job posting policy. In the case of a vacancy, priority is given to
internal candidates for this role, from the perspective of following a growth pathway.
