Arison Group Strategies Sustainability Plan Towards 100th Anniversary

Ariston Group, among the global leaders in sustainable thermal comfort, has presented its Environmental, Social, And Corporate Governance (ESG) vision and goals to 2030, a strategic plan manifesto of the group’s commitment to sustainability towards the 100th anniversary since its founding.

This was made known in a statement by the company.

According to the statement, Ariston noted that the group plans its future by striving to fully integrate sustainability into its corporate strategy and defines a path of activities and initiatives aimed at achieving concrete yet ambitious sustainability targets.

The statement quoted the executive chairman of Ariston Group, Paolo Merloni as saying, “As a company, we feel a strong responsibility to address the great challenges of our time head on. The 100th anniversary of Ariston Group occurs in conjunction with the terms of the 2030 Agenda for Sustainable Development, and we look at this milestone as an opportunity to reaffirm the role we want to play in actively contributing to the sustainability of future economic, social and environmental ecosystems. We work to create long-term value for our stakeholders, while committing every day to link our sustainable growth to the future of the Planet.”

In the statement, the group explained that the ‘Road to 100’ resulted from a structured process that involved the group’s main internal and external stakeholders in identifying five different areas of engagement which are Solutions, Operations, People & Communities, Customers and Governance, adding that these five areas translate into ESG commitments the group’s five corporate values, Believe in sustainability, Inspire through excellence, People come first, Start from customers, Act with integrity.

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Also, it is said that Ariston Group works to mitigate the impact of its Operations by enhancing resources productivity, progressively implementing a circular approach, as well as engaging responsibly with its supply chain.

Ariston Group’s pledge to sustainability also encompasses the social sphere, stating that it takes excellent care of its People and the Communities it operates in, and undertakes to ensure a sustainable working environment to all its employees worldwide and to raise global awareness on the importance of thermal comfort for a sustainable living.

“To reduce its carbon footprint, Ariston Group sets specific goals: achieving the ultimate objective of 100 million tons of CO2e emissions avoided by 2030 thanks to its renewable and high-efficiency solutions sold, abating by 42 per cent its Scope 1 and Scope 2 emissions, and reducing by more than 50 per cent its Scope 3 emissions per million euro of value added.

“As 98.25 per cent of its CO2e footprint is associated with the emissions produced by the use that households and businesses make of its sold products, Ariston Group continues to invest in technological innovation to expand its range of renewable and high-efficiency smart Solutions and make available to its customers state-of-the-art heat pumps with natural refrigerants, hybrid and hydrogen products, and cutting-edge technologies such as Demand Response and Home Energy Management.

“Being able to anticipate its Customers’ needs remains at the core of the Ariston Group’s efforts, guaranteeing maximum proximity while providing professionals and consumers with trustworthy quality products are confirmed as the key pillars of Ariston Group’s serving policy.

 “Ariston Group focuses on adhering to the highest standards and best practices, to continue to make progress in diversity, pay equity, risk management, tax strategy and business conduct,” the statement reads.