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Ratti Group | Sustainability Report 2022

On 28 April 2022 the Shareholders’
Meeting of Ratti SpA approved the Board

of Directors’ proposal whereby the Company
would take the legal form of

“Benefit Company”, in compliance
with Law 208/2015.

2.1 The Company, therefore, has taken steps to
Ratti SpA becomes specify in its corporate purpose the pursuit
of such objectives and to add the following
a Benefit Company introduction to the bye-laws: “In compliance
with Law 208, Article 1, paragraphs 376 to 384 of
28 December 2015 the Company, in carrying out
Alongside its financial goals, the Parent Company its economic activities, also intends to pursue the
has for some time pursued its objectives of objective of mutual benefit, operating in a responsible,
mutual benefit. It has published a sustainability sustainable and transparent way when dealing with
report since 2017. people, communities, territories and environments,
cultural and social assets and activities, bodies and
Over the years it has carried out environmental associations and other stakeholders.
activities (product development and sustainable
manufacturing, obtaining certification of products In particular, the Company pursues the following
and managements systems, compliance with specific objectives of mutual benefit:
the ZDHC protocol), social activities (SA8000 and
Alongside ISO 45001 certified), and cultural, research and • seeking to create and spread a culture of
its financial innovation activities, including those performed attention to the environment, emphasising the
goals, the collectively. The Company contributes positively use of sources and methods of sustainable and
Parent to the community. aware production;
Company On 28 April 2022 the Shareholders’ Meeting • promoting, also in partnership with other entities,
has for some of Ratti SpA approved the Board of Directors’ the development and commercialisation of
time pursued proposal whereby the Company would take the textile products which can ensure that resources
are used responsibly;
legal form of “Benefit Company”, in compliance
its objectives with Law 208/2015. Ratti SpA effectively
of mutual assumed this legal form, having followed the • seeking to encourage, more generally,
benefit. appropriate procedures, on 17 May 2022. responsible management of the company from
the point of view of reducing the environmental
It has The legislation cited above identifies benefit impact of its activities, promoting research and
published a companies as being companies which “when innovation in the textile sector and seeking to
sustainability carrying out an economic activity, apart from have a positive impact on society as a whole.
dividing the profits, follows one or more goals
report since of mutual benefit and operates in a responsible, To this end the Company commits to:
2017. sustainable and transparent way when dealing with
people, communities, territories and environments, • contributing to the protection of the
cultural and social assets and activities, bodies and environment, spreading a culture of paying
associations and other stakeholders”, objectives attention to the environment, and promoting
which should be “stated specifically in the benefit the development of the organisation’s
company’s mission statement”. environmental management system;

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