Sustainability
Technoprobe’s commitment to environmental, social and corporate governance issues (ESG).
2023 Consolidated Non-Financial Statement
The document analyzes and quantifies the extent of the impacts of Technoprobe’s activities and its sustainability performance in relation to environmental, social, and governance (ESG) aspects during the year 2023.
PILLARS | ENVIRONMENTAL SUSTAINABILITY AND USE OF RESOURCES | FOCUS ON AND COMMITMENT TO PEOPLE AND THE COMMUNITY | RESPONSIBLE BUSINESS | PRODUCT INNOVATION AND SAFETY |
Strategic objectives | To reduce and mitigate the environmental impacts of its business activities | To contribute to employee well-being and to protect the health and safety of employees and collaborators, as well as develop the local community | To carry out business activities that reconcile economic performance with ethical and integrity-driven behaviour in all interactions, including with suppliers | To promote innovation and digitalisation while ensuring a vigilant focus on IT security and adherence to regulatory compliance |
Sustainable Development Goals (SDGs) | ||||
Our Sustainability Strategy
Technoprobe’s Sustainability Plan is based on four pillars, wherein initiatives have been identified to help achieve the strategic objectives.
The strategic objectives were further broken down into a number of operational objectives, laying the foundation for defining the actions of the Plan.
Following the latest version of the GRI standards published in 2021, a new methodological approach to materiality analysis was required.
This approach places more emphasis on the concept of impact, understood as the effects an organisation may have or could potentially have on the economy, the environment and people (see GRI), including human rights, resulting from its activities or business relations.
The material topics in order of priority are presented below, derived from benchmarking activities and interviews with Technoprobe’s contacts, relevant to each topic area. Furthermore, the positive and negative impacts associated with each material topic are provided.
MATERIAL TOPIC | CONCISE OVERVIEW OF IMPACTS | IMPACT TYPE | IMPACTED AREA | ||
1- Promotion of Health and Safety at Work | Promotion of health and safety in the workplace | ||||
Potential increase in workplace accidents | |||||
2- Attraction, Training, and Development of Talents | Creation of qualified and skilled personnel | ||||
Loss of talents | |||||
3- Protection and Respect of Human Rights | Instances of discrimination in the workplace | ||||
Violation of workers' rights | |||||
4-Business Continuity | Supply chain disruption | ||||
5- Regulatory Compliance | Failure to comply with laws and regulations | ||||
6-Customer experience | Customer satisfaction and loyalty | ||||
7- Diversity and Inclusion and Employee Well-being | Improvement of work-life balance | ||||
Discrimination and lack of employee inclusion | |||||
8- Privacy and Cybersecurity | Loss of sensitive data | ||||
9- Business Ethics and Integrity | Reduction in the number of violations and sanctions with positive impacts on brand reputation | ||||
10- Partnership and Relations with Local Communities | Contribution to youth employment | ||||
Contribution to socio-economic development of the region | |||||
11- Responsible Supply Chain Management | Contribution to the creation of a sustainable value chain | ||||
Resilience of the value chain | |||||
12- Energy Consumption and Emissions | Mitigation and adaptation to climate change | ||||
Increase in operating costs - energy and fuel utilities | |||||
Increase in carbon footprint | |||||
13- Economic Performance | Increase in production and revenue generated from sales. Creation of employment and value for the region and stakeholders | ||||
14- Product Quality, Safety, and Environmental Performance | Improvement in product quality standards, product lifecycle sustainability | ||||
15- Responsible Resource Management and Circular Economy | Contribution to circular economy along the value chain | ||||
Legend: | |||||
Social topic | Environmental topic | Governance topic |
Material Topics and Impacts
Carbon Disclosure Project
Since 2019, Technoprobe has been annually completing the CDP “Climate Change” questionnaire.
In 2022, it achieved a score of C, while the industry’s average performance was at B-.
Additionally, in 2022, for the first time, Technoprobe responded to the CDP “Water Security” questionnaire, also obtaining a score of C (where the industry average was B-).
Indeed, Technoprobe has embarked on an analysis and assessment process of its impacts for several years, aiming to identify potential areas for improvement to focus its efforts and investments toward a progressive mitigation of climate and water resource impacts.
In 2023, the company responded once again to both questionnaires, reinforcing its commitment to clear and transparent communication with all stakeholders.
Previous Sustainability Reports
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Sustainability Report for 2022
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Sustainability Report for 2021