2012 Annual Report - Italcementi Group

1 Group vision
1.1 Vision and management approach
The Group Vision is to be a world class local business building a better and sustainable future for all our
stakeholders. The vision is declined into the operational Mission of creating value in the building materials
sector through the innovative and sustainable use of natural resources for the benefit of our communities and
clients. Vision and Mission are grounded on the five Group Values: Responsibility, Integrity, Efficiency,
Innovation and Diversity, which are strategic directives for everyone working with the Group.
Inspired by the Group Code of Ethics and the Charter of Values, the Sustainability Policy is the cornerstone of
the Group approach towards sustainability. It covers key themes affecting the sphere of business influence of
the Group and its activities, namely: human rights, business integrity, health and safety, labour practices, social
initiatives, supply chain, energy efficiency, environment, quality of products and processes, research and
innovation. All relevant issues are covered by daughter Policies deriving from the Sustainability Policy itself. All
the Group Policies draw their inspiration from international references such as the United Nations Universal
Declaration of Human Rights, the International Labour Organization standards, the SA 8000 standard, the
OECD guidelines on Multinational Companies and are reinforced by Italcementi Group Codes, the agreement
between the Group and the Building and Wood Workers International, the membership to the World Business
Council for Sustainable Development and the participation in the United Nations Global Compact. The whole
set of Policies was discussed with the entire executive management and finally approved by the Group CEO.
Download is available on the corporate website
(http://www.italcementigroup.com/ENG/Italcementi+Group/Our+policies/).
The Group Policies are reflected in the implementation of effective management systems at all its sites.
Management systems cover the organizational structure, operational standards, procedures, processes, tools
and resources needed to meet the Group targets and ambitions, through a cycle aiming at continuous
improvement. Implementing effective management system brings many benefits to the Group, including more
efficient resource use, improved risk management, and increased stakeholder satisfaction. Health and safety,
quality, energy, environment, training activities, human capital development and supply chain activities are
topics covered by this approach. Therefore, the Group can benefit from global management experience and
good practice. Relevant impacts, targets and ambitions are available under the proper sections.
At Group level, sustainability is regularly brought to the Board agenda, also driven by dedicated quarterly
meetings involving the Chief Executive Officer (CEO), the Chief Operating Officer (COO) and the Sustainable
Development Director.
The Group Sustainable Development Steering Committee (SDSC) acts as the foundation of the sustainability
management structure within the Group and it incorporates key areas of responsibility under the chairmanship
of the COO and the coordination of the Sustainable Development Director. The SDSC is empowered to turn
the Group vision into actions, to support and monitor sustainable development strategy and its implementation
and to define and implement communication programs. Country SDSCs set at local level strongly encourage
vertical integration, calling for regular quarterly meetings chaired by the country Managing Directors and
engaging managers from human resources, health and safety, environment, communication, legal, customer
and supplier relations.
The Group formalized its commitment to sustainability in 2000, by joining the World Business Council for
Sustainable Development (WBCSD) and the Cement Sustainability Initiative (CSI). All the Group subsidiaries
are part of the existing Regional Networks of the WBCSD.
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