Aquafil released its annual Group Sustainability Report, reflecting insights on the company’s commitment to doing business sustainably. The report showcases the results the Group has achieved in helping to support and protect employees, local communities, and the environment as a whole.
Here, we highlight some of the key results taken from this year Report:
Through surveyed research in the Capgemini Research Institute’s latest report, Consumer Products and Retail: How sustainability is fundamentally changing consumer preferences, it was found that eight out of ten consumers are making sustainability-based purchase choices, even as the COVID-19 pandemic continues. Consumer preferences are strongly impacted by sustainability. Organizations are missing out on key opportunities to build sustainable businesses with benefits that include loyalty, employee churn, ESG performance, sales protection, and growth.
For more than 30 years Aquafil has been committed to respecting the environment in every phase of its own nylon production process. This emphasis on operating through a circular economy is a core value of the company’s business strategy: to save resources, give new life to otherwise lost materials, increase efficiency along the value chain. Aquafil has been tracking its sustainability goals and achievements in the annual Sustainability Report since it was first published in 2007. Step by step the company has positioned itself as an international sustainability leader.
“The journey to a circular economy isn’t done alone. Aquafil sees the important roles of each actor within the supply chain. From consumers to suppliers, the Aquafil Group is committed to improving together,” said Giulio Bonazzi, CEO and Chairman of Aquafil.
He continued, “Today’s global challenges ask us to make a choice: side with those innovators who make a difference, or simply respond to market demands. Aquafil decided what side to be on more than 10 years ago, choosing to become a leader, always at the forefront of its field, in the ranks of those who truly – with facts and results, every day – carry on a different business model. An uphill journey, not easy, but immensely exciting and rewarding.”
Aquafil is committed to tackling today’s global challenges with sustainable solutions. In the Group’s 2019 Financial Report, Aquafil dedicates an entire chapter disclosing non-financial insights on their year’s sustainability reporting. To review this in its full length, please download here.
Download 2019 Sustainability Report summary.