Ariston Group’s ESG history

There is no value in the economic success of any industrial initiative, unless it is accompanied by a commitment to social progress.
Aristide Merloni, Ariston Group’s founder - 1967
Sustainability in the DNA

In 1979, Ariston Group discloses the first Social Report in Italy, issued by Battelle Centre de Recherche de Geneve and asseessing a company’s social and sustainability performance towards its employees, consumers, local communities and other economic partners.

 

From over 15 years, Ariston Group's vision has been Sustainable Comfort for Everyone: a purpose that translates into the commitment to provide everyone, across the globe, with high-quality heating and hot water solutions, while preserving the environment.

The new ESG vision

In 2018 Ariston Group sets the pathway and targets to fully incorporate sustainability into its strategy, including establishing a sustainability governance framework.

 

In 2021, after launching an Initial Public Offering and getting listed on the Euronext Milan stock exchange, Ariston Group lays off its new ESG ambitions – the starting point of the ESG strategic plan to 2030, when the Group will celebrate the 100th Anniversary.

OUR 2022 targets
OUR 2022achievements
INSPIRE THROUGH EXCELLENCE
“Create opportunities and commit to making them happen. Explore, learn, improve.”
  • Double-digit growth of profitable revenues
  • 80% of turnoverfrom innovative products (younger than 5 years)
  • Up to 800,000 connectivity-ready products
  • + 19% of organic profitability growth compared to 2021
  • 49% of turnover from innovative products (younger than 5 years)
  • ~950,000 connectivity-ready products
BELIEVE IN SUSTAINABILITY
“Think ahead. Energy efficiency and comfort are possible and necessary. It’s worth it.”
  • >80% of revenues generated from highly efficient and renewable solutions
  • >3 million tons of CO2 equivalent avoided thanks to our most evolved technologies
  • Bringing Comfort where it's hard or impossible to find
  • 77% of revenues from highly efficient and renewable solutions
  • 3.2 million tons of CO2 equivalent avoided thanks to our most evolved technologies (2018 baseline)
  • Towards a global coordinated corporate social responsibility effort
START FROM CUSTOMERS
“Listen, stay tuned and care. Deliver solutions that exceed expectations.”
  • >95% of products require no technical interventions in their first 5 years of service
  • Excellence Class Service in NPS at Group level and in all countries.
  • >95% of products require no technical interventions in their first 5 years of service
  • After a careful analysis, a Quality Roadmap was created with KPIs that are specific and respond to precise needs
PEOPLE COME FIRST
<em>“Strength lies in diversity. Give people a chance. Pave the way to make them successful.”</em>
  • Local resources holding more than 80% of managerial positions
  • More than 60% of managers coming from internal career paths
  • 0 injuries in our production sites
  • 88% of managerial positions held by local resources
  • 60% of managers come from internal career paths
  • Injury frequency rate reduced by 3% compared to 2021
ACT WITH INTEGRITY
“Operating with respect and honesty is not a choice. It’s a duty.”
  • Defining a structured model of sustainability governance (starting from 2018)
  • Training 100% of our people on Ariston Group ethics and integrity culture (starting from 2018)
  • A defined procedural model of sustainability governance with an ESG Committee, Council and Director
  • 100% of employees trained on the Group’s Code of Ethics