FITT has achieved B Corp certification and joined a global movement of leaders promoting positive change.
An important milestone in the Group’s ESG journey that represent the evolution of a journey started in 2019 towards a new business model, in which business becomes a positive force for the generation of economic, social and environmental value.
To be a B Corp means to be the positive force that makes a virtuous impact on people, the environment and the territory.
It means being part of a global movement of “Purpose Driven Businesses” that believes in a more evolved and alternative model of doing business than tradition dictates, for a fairer and more inclusive economy that creates value for all.
Obtaining B Corp certification involves a rigorous and continuous process that requires a 360-degree assessment of the company’s activities in five areas: workers, customers, community, environment and governance.
On 25 September 2015, the United Nations General Assembly, attended by more than 150 leaders from around the world, adopted the 2030 Agenda for Sustainable Development, which consists of 17 objectives – the Sustainable Development Goals (SDGs).
From the agenda of the 17 goals identified by the United Nations, FITT has selected 7 goals on which to take tangible action, in line with the UN 2030 targets.
In an era of change and great challenges, FITT, like many other companies all over the world, makes an important contribution to sustainable development.
For a business increasingly aware of and capable of facing global challenges, FITT has chosen to join the UN Global Compact.
The Global Compact is the world’s largest strategic corporate citizenship initiative, born out of the desire to promote a sustainable global economy, respectful of human and labour rights, environmental protection and fight against corruption.
All this through the respect and dissemination of the Ten Fundamental Principles, which FITT is committed to integrating into its strategy, culture and operations, thereby contributing to the achievement of the Sustainable Development Goals (SDGs) of the 2030 Agenda.
By joining the Global Compact, FITT becomes part of a global network uniting governments, businesses, UN agencies, trade unions and civil society organisations.
In 2010, the United Nations Global Compact, in partnership with UN Women, launched the Women’s Empowerment Principles (WEPs), seven universal principles inspired by real-world business practices and designed to advance women’s equality in the workplace.
The aim of the WEPs is to strengthen the position of women inside companies. The principles can be used as a framework for setting internal strategies and policies, as well as for stakeholder relations.
By adhering to the WEPs, FITT is committed to taking bold steps to promote gender equality in the workplace, the marketplace and the community, to create a climate based on respect, ethics and equal opportunity, free of cultural stereotypes.
Corporate responsibility requires FITT to strike a balance between Environment, Social and Governance.
ENVIRONMENT: For FITT, it means investing in research and innovation of processes and products to reduce environmental impact, thus creating synergy within its own value chain.
SOCIAL: For FITT, it means taking care of employees and the local and global community by creating generative synergies.
GOVERNANCE: For FITT, it means acting as a responsible company by rewriting a new business model that creates shared value, thus contributing to bring about a positive impact in the life of people and the environment.
Ecodesign is a design method that considers the entire life cycle of a product. From birth to completion, each stage is optimised to minimise its environmental impact.
FITT applies the Ecodesign objectives by implementing the Carbon Footprint of Product Systematic Approach – a tool designed to ascertain the carbon footprint of products -, therefore ensuring a systematic management and reduction of its impacts.