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RATTI GROUP  |  SUSTAINABILITY REPORT 2021




                               Methodological note                      undertaken and the commitments made with
                                                                        the principal stakeholders.
                               Perimeter, purpose and contents of the
                               Sustainability Report and the 2021 DNF   The data is reported with the goal of
                               Any organisation, in carrying out its activities, is   presenting a clear picture of the actions and
                               constantly interacting, internally and externally,   the characteristics of the Group. The process
                               with customers, the community, institutions,   of reporting information and figures has
                               other companies as well as individuals – the   been structured in a way that guarantees
                               stakeholders – which has an impact on the   comparability, with the aim of facilitating an
                               socioeconomic context and the local area that is   accurate interpretation of the information and
                               far beyond any economic dimension.       giving all stakeholders a complete overview of
                                                                        the trend of Ratti’s performance.
                               Directive 2014/95/EU, implemented through
                               Legislative Decree 254 of 30 December 2016   In this DNF, updates have been made to
                               (Legislative Decree 254/2016) introduced an   environmental data. In detail: the data for
                               obligation for large public-interest entities   managing waste in accordance with the new
                               to declare, as from 1 January 2017, any non-  standard GRI 306-2020 has been updated.
                               financial information regarding, in particular,   The conversion coefficients for energy
                               environmental and social aspects, as well as   consumption have also been updated, in order
                                                                        to align sources and, for all the values quoted
                                                                        in the Annex (Chapter 4), to use the coefficients
                                                                        indicated by DEFRA (Department for Environment,
         THE SUSTAINABILITY REPORT WAS                                  Food and Rural Affairs) of the government of the
         CONSIDERED TO BE THE IDEAL                                     United Kingdom. Given the minimal difference
         INSTRUMENT FOR PRESENTING TO                                   between the figures reported by DEFRA and
                                                                        those from previous sources, it was decided to
         THE STAKEHOLDERS THE ACTIVITIES,                               proceed with the update only for 2021, without
         PROJECTS AND RESULTS ACHIEVED IN                               recalculating the figures for 2020 and 2019.
         THE 2021 FINANCIAL YEAR
                                                                        As far as value adjustments are concerned, the
                                                                        kg of total waste (Annex – Chapter 4) for 2020
                               matters relating to personnel, the respect for   and 2019 were modified, as the total for non-
                               human rights and the fight against active and   hazardous waste was updated in accordance
                               passive corruption.                      with a more precise and accurate calculation
                               The Decree also stipulates some general criteria   criterion. In this regard, the new data also
                               for the structure and contents of the relevant   includes the Textrom’s “waters from organic
                               document called Consolidated declaration of a   ditches” and the aqueous solutions discharged
                               non-financial nature (DNF).              by Ratti SpA, which had not previously been
                                                                        counted. In the table “Material for offices” (Annex
                               The Ratti Group is among the subjects affected   – Chapter 4) and, in particular, for the aggregate
                               by the Decree, which is why this Sustainability   data for the Group for recycled paper, a small
                               Report complies with the obligations of the   adjustment was made. Office paper bought by
                               Decree and constitutes the 2021 Consolidated   Textrom in 2020 (37kg) was not FSC certified
                               declaration of a non-financial nature.   and was therefore subtracted from the total
                                                                        previously shown. For each of the modifications
                               The choice of broader reporting than for the   carried out, a specific note has been added to
                               topics specifically identified in Legislative Decree   indicate variations in performance data for 2019
                               254/2016 and subsequent amendments is born   and 2020.
                               out of an awareness of the particular social
                               and environmental significance of a company   The reporting perimeter is represented by all
                               operating in the field of luxury and fashion.  the companies consolidated within the Ratti
                                                                        Group, i.e. Ratti SpA, Creomoda Sarl and La
                               The Sustainability Report was considered to   Maison des Accessoires Sarl, S.C. Textrom Srl,
                               be the ideal instrument for presenting to the   Ratti USA Inc. and Ratti International Trading
                               stakeholders the activities, projects and results   (Shanghai) Co. Ltd.
                               achieved in the 2021 financial year (1 January
                               to 31 December 2021) in economic, social and   Ratti USA and Ratti International Trading
                               environmental terms, as well as initiatives   (Shanghai) are excluded from the perimeter

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