In 2019, RadiciGroup continued to pursue the creation of value for its stakeholders: production chain, environment, employees, and local communities and territories.
RadiciGroup releases Sustainability Report 2019
The Group’s Sustainability Report, based on the data supplied by 22 industrial sites located all over the world and the parent company, highlights its actions and achievements. Positive performance was achieved through continuous effort to harmonise business goals with optimal resource efficiency and protect local communities.
Angelo Radici, President, said: “The commitment to more sustainable development from an economic, environmental and social point of view is a topical issue, also – and above all – in a delicate moment like the one we are going through right now. Indeed, this commitment plays a strategic role in the process of economic and social revival and is fundamental to ensure a better future for the generations to come. In a dramatically changed context, the sharing of goals, efforts and experiences is central to continuous growth. Also, in 2019, we realised our mission by creating durable value through initiatives shared with all our stakeholders. We knew how to react to the difficulties and changes in the market by remaining united, and this gives me confidence for the future, even though we still have difficult months ahead of us.”
All efforts are directed at creating durable high-quality products developed by investing in innovation, using low-impact and recyclable raw materials, choosing renewable source materials, minimising waste, enhancing processes and adopting rigorous systems for environmental impact measurement.
In 2019, the Renycle yarn range was added to the RadiciGroup low impact product portfolio. Renycle yarns are made from recycled nylon and offer 100 per cent end-of-life recyclability. Renycle polymer offers a saving of more than 87 per cent in energy and 90 per cent in water, while achieving technical performance comparable to that of its virgin counterpart.