Page 99 - Ratti_bilancio di sostenibilità_2022_EN

Ratti Group | Sustainability Report 2022

Impacts associated with the management and promote its development, guaranteeing
of personnel a working environment that is stimulating,
For a Group such as Ratti which works with some challenging, and rich with opportunities for
of the biggest names in international fashion who learning.
are attracted by Made in Italy, the creativity and
professionalism of personnel are critical success For further information see Chapter 3 “Human
factors. The objective is therefore to attract talent resources”.

Table 5 – Principal risks associated with the management of personnel

IMPACTS DESCRIPTION OF THE MAIN RISKS MITIGATION ACTION TAKEN

Creating and maintaining the Deficiencies in the ability to attract and Ratti and the unions have signed an agreement to renew the supplementary
distinctive know-how within the retain talent in a sector in which peoples’ company-level agreement with satisfactory results.
Group. expertise represents an extremely im-
portant competitive factor. Ratti SpA BC continuously collaborates with schools and professional institutes,
with the dual aim of improving the level of professionalism in the labour market
The Group can be damaged by a loss and enhancing the skills of young Ratti employees. For Creomoda and La Maison
of know-how if employees leave to join des Accessoires, local employment market availability guarantees that person-
more attractive competitors. nel have sufficient expertise.

The Group conducts both internal and external training. This makes it possible
for employees to acquire knowledge and expertise, and develops and rewards
them by investing in their professional future while setting in train programmes
aimed at reskilling resources. In addition, the Group is investing in individual
retention and growth policies for high potential resources and in corporate wel-
fare policies (by way of example, during 2022, given the high level of inflationary
turbulence on the market, the company decided to award €1,200 to each em-
ployee in shopping and fuel vouchers).
The Group has considered implementing an internal job posting policy. In the
case of a vacancy, priority is given to internal candidates for the role, the aim
being to follow a growth pathway.

Impacts and risks in a financial context albeit with a significant contraction – as a result of
An improvement of corporate financial the Covid-19 pandemic which hit the whole world.
performance, making it possible to redistribute
the added value to the Group’s stakeholders Although the corporate strategy is strongly
and guaranteeing the financial sustainability focused on the pursuit of long-term economic/
of the business in the medium to long term, financial objectives, it is impossible to exclude the
and a commitment to supporting a stable local risk of exogenous phenomena occurring which
economy and nurturing relationships with the could hit performance.
community constitute, together with the pursuit These could include, for example, customer
of socio/environmental sustainability objectives, behaviour, competitor strategies, unfavourable
are the principles on which the Company bases its macroeconomic developments, market
strategies. developments for raw materials energy and
technological and regulatory changes. To face
Thanks to the implementation of strategies such events, in addition to the strategies listed
aimed at meeting customers’ needs, the above, the Company is constantly monitoring
reinforcement of the production/creative/ trends in its reference market and in the new
IT infrastructure, enhancing the efficiency of economy, the aim being more to anticipate
production/organisational processes, the any negative impacts rather than look for new
definition of a product offer which is compatible business opportunities. To this end the Area
with market needs, the enhancement/growth Innovation was established in 2022 with the aim of
of human resources, and investment in social/ developing innovative business projects.
environmental aspects, the Ratti Group has, over
the last ten years, always delivered a positive For further information see Chapter 8 “Economic
performance. This was the case even in 2020 – performance”.

98