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Ratti Group | Sustainability Report 2022

Discrimination is a topic taken into consideration The remuneration of the CEO was not included
during audits of social accountability in under “executives”. For further details see the
accordance with the SA8000 standard. There were tables in the Annex.
no episodes related to discriminatory practices in
any Group companies during 2022.
Safeguarding human rights
The Ratti Group seeks to enhance the individual As it states in its Code of Ethics and in its
through its remuneration policy. Policy for Social Accountability, the Ratti Group
As a listed company Ratti SpA BC produces, on is committed to preventing and opposing
an annual basis, its “Report on Remuneration any situation that could potentially involve
exploitation in the workplace. As a guarantee
of their respect for human rights, Ratti SpA BC,
Creomoda and La Maison des Accessoires
Inclusion in the workplace are SA8000 certified, while for Textrom all the
checks on possible effects on human rights are
In September six Ukrainian women, other hand, carrying out an activity
carried out for all activities performed in the
who had sought refuge in our country which is key to conservation and the
company, as laid down in the Policy for Social
after the war broke out, were hired digitalisation of a creative heritage
Accountability.
in response to a specific need in our which is of fundamental importance
company to digitalise the archive. The to the Group. This is a project which is In its recruitment policies, the Group also
initiative had two objectives: on the one supportive of a contemporary economic specifies its requirements regarding the
hand moving from an emergency phase value which makes a connection minimum age of employees, in line with national
to an integration phase, supporting between greater active participation regulations (18 years in Ratti SpA BC and in
such people through work and, on the and shared responsibility. Textrom Srl, 16 years in Creomoda Sarl and La
Maison des Accessoires) for all companies.
When interviews are conducted with minors
below the age of 18, there is a specific procedure
in place to assess the educational circumstances
of the minor, so that the working commitment is
not incompatible with the former, and to verify
and monitor compliance with the conditions
agreed when the contract is signed.
The verification of any risks inherent to any failure
to comply with provisions relating to human
rights, child labour or forced/compulsory labour
is carried out periodically, during the process of
Policy and Payments Made”. This is approved updating SA8000 certification.
by the BoD once it has been proposed by
the Remuneration Committee. Remuneration The Ratti Group is committed to preventing and to
policy is the main tool used to create a fair opposing all situations involving exploitation in
remuneration structure. the workplace, and in particular child labour, not
This involves a careful balancing of the fixed only in its production units, but along the whole of
and variable components, with the specific aim the supply chain.
of avoiding imbalances which could lead to
behaviour which does not encourage sustainable The provisions of the Group’s Code of Ethics
performance and which does not align with the are further reinforced by the Suppliers’ Code,
risk profile. which was introduced in 2018, and in which
Such attention is demonstrated in reality by the the Group requires its suppliers to respect
results relating to the indicator which compares national laws, any other applicable laws, and the
the base salary and remuneration for women to principles stipulated by International Labour Law
men for each category of employee, for the major conventions, the Universal Declaration of Human
sites of operations. Rights and the OECD Guidelines for Multinational
Companies (see Chapter 5, paragraph 5.4 “A
In fact in 2022 the Group demonstrated that it virtuous circle of good practices”).
had basically reached parity of remuneration
for the various sites of the Group, and in fact
for white-collar workers the relationship was in
favour of women in Textrom.

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