Ireland's Plumbing & Heating Magazine Issue 111 Jan-Feb

RADIATORS

THESE ARE THE GUIDELINES FOR FONDITAL OPERATIONS, AND THE COMPANY HAS DEVELOPED NEW OBJECTIVES AND RELIES ON CERTIFICATIONS TO RECONCILE BUSINESS STRATEGIES WITH SOCIAL, ENERGY AND ENVIRONMENTAL ASPECTS… Sustainability and energy efficiency

F ondital started its path towards Corporate Social Responsibility (CSR) in 2018 and has developed new awareness regarding environmental sustainability. This has led to developing a new mindset and company objectives to reconcile business strategies with social, energy and environmental aspects. The structured road to sustainability has allowed Fondital to be ahead of its time by proactively responding to the needs of its stakeholders in terms of Environmental, Social and Governance matters (ESG), and contributed to the achievement of Sustainable Development

Fondital HQ

Goals (SDGs) promoted by the United Nations. Since 2018, the company has voluntarily reported its performance in line with international

Certifications achieved by Fondital over the years.

GRI standards. The company’s second sustainability report (2020-2021) is nearing completion.

policies and shares them with the operational teams in the Products and Services, Environment and Energy, and People and Territory divisions. To protect its partners, Fondital has obtained several certifications for its management and organization systems, as well as certifications for responsibility and ethics. In addition, in 2022, Fondital introduced the 231 Organizational Model to prevent the risk of committing criminal offences, which defines the methods of periodic verification, identifies a suitable internal disciplinary system, and provides for the appointment of a supervisory body. Fondital has also adopted an Ethical Code as an essential foundation for its business. It fully implements the corporate values and principles that have always guided everyone we work with. These principles lead the company’s strong partnerships along the supply chain. Obtaining and maintaining internationally recognized certifications demonstrates a great commitment and important investments for the company. For stakeholders, they are synonymous with quality, attention, safety, prevention,

THE ANSWER TO EUROPEAN REQUESTS The Green Deal and the Fit for 55 packages and its ambitious goals were implemented in the path already undertaken by Fondital, propelling important innovations supported by significant investments in plant efficiency, R&D and new skills to achieve sustainable development as a company and in its product range. The company will focus on the self-production of electricity from photovoltaics and purchases through Guarantees of Origin. New mixes of energy carriers will also be studied and tested. The study of the product life cycle through Life Cycle Assessment analysis, the launch of a new range of heat pumps and hybrid systems, and R&D investments to test new energy carriers for the boiler range are also being carried out.

ECONOMIC RESPONSIBILITY, GOVERNANCE, AND CUSTOMER SERVICE To Fondital, economic responsibility means doing business at a high level and guaranteeing the quality of the products offered to customers, creating new synergies and added value to share with employees, suppliers, and the country in which the company is located. Fondital’s corporate activities generated and distributed over €336 million to the main stakeholders in 2020-2021. The corporate governance structure is coordinated directly by the top management. This core group defines strategies, investments and project

and responsibility. www.fondital.com

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