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RATTI GROUP | SUSTAINABILITY REPORT 2021

(FOLLOW) TABLE 4 – PRINCIPAL RISKS ASSOCIATED WITH CLIMATE CHANGE IN THE RATTI GROUP

DESCRIPTION OF THE MAIN RISKS MITIGATION ACTION TAKEN

A scenario could arise in which new models of It is suggested that legislative pressure could reduce the space for greenwashing and that market preferences
sustainable consumption such as, for example, could reward sustainable companies. For more than a decade, Ratti has launched organisational processes oriented
lengthening the life cycle of the product, towards environmental sustainability, both in terms of improving the efficiency of production processes and in terms
could lead to a reduction in demand for the of offering a sustainable product. The Company has presented a transparent and sustainable image to the market
fabric. (also from a social accountability point of view).
In addition, possible greenwashing polices The transition from the linear economy to the circular economy could involve a reduction in consumption (a lengthe-
implemented by economic operators in the ning of the life cycle). However, it could also offer an opportunity for service companies to re-use and repair products,
textiles/fashion sector could penalise those as Ratti has done through the Second Life initiatives.
companies that have invested in sustainability.
In order to limit the phenomenon of greenwashing, it is useful to participate in associations and working groups
whose aim is to safeguard the Italian/European textiles supply chain.

The risk that the Company might not Since 2013, significant steps have been taken to boost efficiency in the use of energy resources. This has resulted in
contribute sufficiently to the reduction in CO a saving of 30% per metre produced (2019 compared with 2013; (see the environmental declaration of 27/12/2021 in
emissions. accordance with ISO14021).

In 2021 an OEF was launched for the Guanzate site (European standard used to determine environmental footprint).
During 2021 the Fashion Pact was agreed. The objective was to reach zero net CO2 emissions by 2050.

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