“We do not inherit the earth from our ancestors, we borrow it from our children .”
- Native American proverb -
Dear Stakeholders,
I am pleased to present you with our 13th Sustainability Report, covering the year 2022.
This year has been a period of remarkable achievements for us, with positive results and the Pelliconi Group’s increasingly strong global presence. Not only are we proud of these achievements, but we feel a growing responsibility towards our employees and the local communities in which we operate.
I want to begin this letter with the sentence that closes this text and that always stays with me. It is a sentence that in its brevity carries the weight of our current actions and decisions against the background of the needs that we ourselves will have generated. The statement underlines the importance of protecting and safeguarding the environment. This is not only for our present well-being, but also for that of future generations, of the most disadvantaged and vulnerable people in the world, and of the other species that share the planet with us. It invites us to consider the long-term implications of our actions and to pursue a balance between our current needs and our responsibility towards future generations as well as the ecosystem as a whole.
With an increased awareness of the impact of our actions on the environment and society, and encouraged by the National Recovery and Resilience Plan (NRRP) that promotes investments towards a sustainable economy, environmental protection has become a priority in all our decisions.
I believe that the commitment to sustainability must be increasingly transparent and measurable. This is why, for the third year running, we commissioned Deloitte & Touche S.p.A., an independent auditing firm, to audit our sustainability report, to further reinforce the credibility of the information reported and the Group’s strategic choices.
This instrument testifies that, despite the difficulties encountered in recent years due to the Covid-19 pandemic, the Pelliconi Group was able to successfully meet the challenges faced and achieve all its goals. Furthermore, we have set ambitious future goals to create value that will benefit everyone.
The ESG ratings assigned by the agencies Cerved and EcoVadis were also confirmed for 2022.
Over the past year, Pelliconi has been able to successfully integrate economic goals with environmental and social aims. We have implemented numerous initiatives aimed at reconciling these three dimensions, supporting the communities in which we operate. This is reflected in the increasing amount of donations and sponsorships allocated to local sports and non-profit organisations, which has almost doubled in two years. Among these initiatives, we would like to highlight the “Sport Education” project, which promotes social inclusion through sport and education in the city of Bologna.
We recognise that our achievements are the result of the essential contribution of each of our employees. Therefore, the well-being of our workers is an integral part of our corporate culture. Among the various initiatives put in place in 2022, I would like to mention the “Melanoma Project”, an oncological prevention programme carried out in collaboration with the ANT Italia Onlus Foundation. All the employees at the Ozzano and Atessa production sites were offered the opportunity to undergo free dermatological examinations, through the use of a video-dermatoscope, at the company, during working hours. Participation exceeded 70% of our workers. With this, and other initiatives, we continue our commitment to raising awareness of the culture of medical prevention.
Finally, I firmly believe that innovation plays a key role in the development of a sustainable economy. That is why, in 2022, in collaboration with Mind The Bridge, we created a global platform called the “Pelliconi Intrapreneurship Program”. Through this all our employees had the opportunity to express their potential by submitting innovative ideas as well as proposals to improve the company and the working environment. After a careful selection process, eight of these ideas are currently being developed at Mind The Bridge’s San Francisco office, with the support of our collaborators and researchers.
2022 has been an intense year, during which much has been accomplished and much still remains to be done. But challenges do not frighten us and are always a motivation for us to grow together.
Thank you for your continued support and trust.
- Marco Checchi -
Chief Executive Officer
NAVIGA IL NOSTRO BILANCIO
APPROACH TO SUSTAINABLE DEVELOPMENT
OUR MISSION
Creativity aimed at what is useful. The experiences of the single person and those becoming part of a team spirit. Passion for innovation and quality. And above all, respect: for people, the environment and for what we do. Our group has been known for and distinguishes itself in the world for this way of being, thinking and working since 1939. Every day.
Every year, Pelliconi makes concrete commitments to various activities, both internal and external to the company, to support the 2030 UN Agenda for sustainable development.
RELATIONSHIPS WITH OUR STAKEHOLDERS
We are aware that our success on the market cannot exist without the attention given to the relationship with all our stakeholders, to create sound relationships which promote the building of consensus and mutual trust. Our stakeholders represent the main target of our corporate social responsibility initiatives and at the same time they are also the most precious partners in building projects and paths fully in line as well as consistent with our core business and with the greatest challenges which are typical of our sector.
Our stakeholders
In what way we interact, we listen to them and involve them
In what way we interact, we listen to them and involve them
RESEARCH AND DEVELOPMENT
For Pelliconi, making innovation means having a well-structured process consolidated over the years of activity, thanks to the use of methodologies such as Design thinking, Lean Startup, Open Innovation, Agile Development. Openness to the external ecosystem and strong drive for Execution are distinctive elements of Pelliconi’s approach to innovation.
MAIN PROJECTS DEVELOPED:
FLOWER FAMILY
In 2018, Pelliconi unveiled for the first time an initial working prototype of a flower-shaped closure, which after well over 120 years of dominance of the crown cork alone, now presents a truly valuable alternative. More sustainable, thanks to the reduction of raw materials that compose it, with an extremely distinctive design. Much has been accomplished since that day, and the “family” has grown, and is constantly evolving.
P•INK, THE DIGITAL PRINTING SERVICE FOR CROWN CORKS, A NEW PELLICONI BRAND
The technology developed and patented by Pelliconi subverts the traditional logic of economy of scale that governs the offset production process of the iconic crown cork. Pelliconi has invested in innovating that mechanism by developing a digital printing technology for caps. This technology, already widely used in other sectors, now becomes a reality in the world of metal packaging as well, offering countless opportunities for customization while working on small batches. This not only revolutionizes the production process, with the decoration and customization phase being moved downstream, but also enables the creation of a new business model.
SOPURE®: SAFE FOR MOTHERS, PURE FOR THE ENVIRONMENT
To support the environmental policies of multinational corporations that aim to reduce plastics in packaging and to safeguard the future of the planet, Pelliconi created SOPURE®: a PVC (Polyvinyl Chloride) free closure suitable for packaging in glass jars of different types of food, but used mainly for baby food (homogenized food).
ECONOMIC SUSTAINABILITY
DISTRIBUTION OF ADDED VALUE
The financial year 2022 saw a significant increase in the Group’s turnover from Euro 182,374 thousand earned in 2021 to Euro 273,527 thousand. This is mainly due to the combination of two factors: on the one hand the dramatic increase in the costs of both raw materials, electricity and methane gas, which in turn impacted sales prices, and on the other hand, to a lesser extent, an increase in sales volumes.
| Economic performance |
2022 Thousands of euros |
2021 Thousands of euros |
|---|---|---|
| Value redistributed to Suppliers | 221.820 | 135.884 |
| Remuneration of employees | 35.727 | 30.570 |
| Remuneration of investors | 3.387 | 2.393 |
| Remuneration of Stakeholders | 920 |
95 |
| Remuneration of Public Administration | 4.396 | 2.191 |
| Remuneration of the Community | 788 | 425 |
| Value retained by the Company | 27.928 | 12.885 |
| Generated economic value | 294.966 | 184.443 |
| Distributed economic value | 267.038 | 171.558 |
SUPPLY CHAIN - SUPPLIERS
We choose to collaborate with suppliers who share the principles and values expressed in our code of ethics. We are committed to establishing fair, transparent and long-lasting relationships with them in order to create an established network.
Below is a table showing the percentage of suppliers who have adopted their own code of ethics and a certified occupational safety and environmental management system.
| Supplier scope of business | ISO9001 | ISO14001 | ISO45001 | Code of ethics |
|---|---|---|---|---|
| Steel suppliers | 40% | 25% | 20% | 30% |
| Aluminium suppliers | 75% | 75% | 75% | 75% |
| Paint and ink suppliers | 60% | 40% | 20% | 50% |
| Plastic compound suppliers | 80% | 60% | 20% |
100% |
| Packaging suppliers | 6% | 6% | 6% |
6% |
Fatturato e presenza internazionale
Key numbers for 2022:
Turnover: 273 million euros
EBIT- DA: 21.8 million euros
Production: 30 billion closures
United States
Pelliconi Florida, Llc
UK
Pelliconi Uk Ltd
France
Pelliconi France Sarl
Germany
Pelliconi Deutschland Gmbh
Italy
Pelliconi & C. S.p.a. Pelliconi Abruzzo S.r.l.
Turkey
Liaison Office
Egypt
Pelliconi For Closures Manufacturing Sae
Russia
Pelliconi Russia Llc
Cina
Pelliconi Suzhou Co, Ltd
Cina
Pelliconi Changzhou Co, Ltd
SOCIAL SUSTAINABILITY
PEOPLE
At Pelliconi we know the importance of developing highly competent and motivated professionals. This awareness has led us to come up with a series of initiatives to maintain our internal resources’ loyalty, by increasing their well-being and sense of belonging to the company.
The training of the employees is implemented through:
- specialized technical courses useful for carrying out the specific tasks of the Group’s business;
- training courses on the legislation in force;
- courses for the development of managerial skills (e.g. time management, innovation, negotiation, sustainability, etc.);
- language courses.
Every year, our employees are extensively trained on the matter of safety at work, especially for what concerns the operators in the manufacturing department. Data on training, related both to occupational safety and to other issues relevant to the career development of Group employees, are constantly monitored and screened in order to ensure continuous and as widespread as possible updating.
Enhancing employee engagement and performance.
We carry on with our commitment to creating the right conditions to improve the corporate climate and collaboration.
We have renovated many internal offices and departments, creating, where possible, large open space environments with more workstations, in order to enhance continuous interaction between people, which is essential for optimising working activities.
The use of sound-proofing panels and partitions has allowed us to create a better work environment, reducing noise pollution while still allowing people to communicate with each other and to exchange information. Even in production department we started some important projects aimed at creating a more functional organisational structure, to improve the exchange of information and increase efficiency in general.
Human resources research
We carry out continuous ‘scouting’ of talent for recruitment and selection especially in cooperation with local schools and technical colleges, universities and business schools.
COMMUNITY
Every year, Pelliconi donates part of its earnings to scientific research and to social, artistic, cultural and sporting activities, with a view to redistributing wealth and reciprocity to the entire community.
8%
Social
66%
Sport
3%
Scientific
Research
23%
Culture
COMMUNICATION
We care about protecting the environment, and as a sustainable company we have decided to favor communication in electronic format, reducing the use of paper. We believe it is important to build a dialogue with our community through social channels: Facebook, LinkedIn, Instagram, Youtube, WeChat and Weibo.
ENVIRONMENTAL SUSTAINABILITY
In the spirit of Circular Economy, we strive to pursue a production and business management model that is attentive to waste reduction, directed where possible to innovative product design, use of raw materials and production processes with reduced environmental impact, waste reduction, recycling and waste valorization especially in the case of permanent materials (metals).
Environmental Management System Certification
Our main plants in Ozzano-Bologna and Atessa-Chieti, Italy, and the plant in Suzhou, China, work according to the procedures of their respective environmental management systems and have obtained certification of compliance according to the international standard ISO14001.
Raw materials and recycling
A substantial portion of the raw materials we use to produce our metal caps come from recycled materials.
About half by weight of the disposable cardboard packaging with which we package and ship our products is composed of recycled material; where logistically applicable, reusable (returnable) metal containers are also available. The raw material recovery chain continues actively within our facilities, as almost all of the industrial waste produced is collected separately and delivered to qualified suppliers to re-enter the recycling loop wherever possible. The majority by weight is metal (steel and aluminum), but plastics, paper and wood are also important.
Energy consumption and emissions
The emissions produced at the Group’s plants are constantly monitored bearing in mind also the fuel consumption of Group-owned vehicles, so as to broaden the overall view of the figure, and thus facilitating possible improvements in the related impacts in the near future, consistent with the Group’s environmental values. With a view to the overall reduction of emissions, it is undeniable that a significant part of them can also be attributed to the Group’s production-related logistics; for this reason, capacity and experience in intermodal transport has been strengthened over the years.
Raw materials and recycling
A substantial portion of the raw materials we use to produce our metal caps come from recycled materials.
About half by weight of the disposable cardboard packaging with which we package and ship our products is composed of recycled material; where logistically applicable, reusable (returnable) metal containers are also available. The raw material recovery chain continues actively within our facilities, as almost all of the industrial waste produced is collected separately and delivered to qualified suppliers to re-enter the recycling loop wherever possible. The majority by weight is metal (steel and aluminum), but plastics, paper and wood are also important.
Energy consumption and emissions
The emissions produced at the Group’s plants are constantly monitored bearing in mind also the fuel consumption of Group-owned vehicles, so as to broaden the overall view of the figure,
and thus facilitating possible improvements in the related impacts in the near future, consistent with the Group’s environmental values. With a view to the overall reduction of emissions, it is undeniable that a significant part of them can also be attributed to the Group’s production-related logistics; for this reason, capacity and experience in intermodal transport has been strengthened over the years.
PACKAGING MUST BE BEAUTIFUL, SMART AND RESPONSIBLE.
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