Gafa 2023 has come to an end. The event saw FITT consolidate its responsibility journey, announced to the public during the 2019 edition of Gafa and restated in 2022 with the launch of its sustainability strategy, The Responsible Flow. Together with innovation, which has always been the driving force behind FITT’s business, leading to the […]
fitt magazine
News
06 October 2021
FITT’s sustainability journey continues: Benefit Company and Global Compact
In 2019, FITT celebrated its first 50 years in business, and after looking back with pride at what it had achieved so far, it chose to focus on the future and the responsibility that it feels towards the next generation. It therefore placed sustainability at the heart of its future strategy.
In FITT’s vision, being a sustainable company means achieving an ideal balance, in order to create value for people and the environment, in addition to economic value. This requires work, time and a continuous improvement path.
For this reason, FITT decided to change its legal form and become a Benefit Company. This also meant changing its statute and add, to the aim of making a profit, the public and official commitment of a positive impact on society and the biosphere, by operating in a responsible, sustainable and transparent manner.
Although an Italian family business, FITT is most of all a multinational group with several production sites in Europe and sales offices all over the world. Hence the need to adopt international references and the consequent adhesion to the UN Global Compact.
Launched in 1999 by the then UN Secretary-General Kofi Annan, the UN Global Compact is today a voluntary subscription to a set of principles that promote the values of sustainability as a long-term commitment, through responsible political actions, business practices, and social and civic behaviours that also take account of future generations. The 14,000 participating companies from 162 countries are committed to contributing to a new globalisation phase characterised by sustainability, international cooperation and partnership, within a multi-stakeholder perspective.
We follow this path with strong awareness and the biggest sense of responsibility, for our work and our impact, as a company and as a collective of people.
To keep up to date with FITT’s commitment, please visit our dedicated page.
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