Sustainability Report 2016

SUSTAINABILITY REPORT - 2016 -

La Sportiva S.p.A. Via Ischia n°2 38030 Ziano di Fiemme (TN) Italy Tel. +39 0462 57080 Fax +39 0462 570810 E-mail lasportiva@lasportiva.com www.lasportiva.com

Credits: This document was drawn up thanks to the methodological-technical support of Trentino Green Network www.trentinogreen.net Graphic Design by La Sportiva / Francesco Bonvecchio

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“All it takes is a little effort to love this land that inspires our choices, day after day” LORENZO DELLADIO President & CEO La Sportiva Spa

INDEX

SUSTANIBILITY ACCORDING TO LA SPORTIVA

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1. LA SPORTIVA: INNOVATION WITH PASSION 8

1.1 Mission and values 9

1.2 History 10 1.3 Ziano di Fiemme premises 12 1.4 Val di Fiemme 13 1.5 Products 14 1.6 La Sportiva brand stores 16 1.7 Stakeholders map 17 1.8 Materiality matrix 18 1.9 Comments about us 19

2. ECONOMIC SECTION: AN INTERNATIONAL COMPANY 20

2.1 La Sportiva Group and the governance system

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2.2 An integrated management system 22 2.3 International presence, markets served 24 2.4 Main economic results 24

3. ENVIRONMENTAL SECTION: INNOVATION AND RESPECT 27

3.1 Production and processing waste 28

3.2 Waste produced 32 3.3 Suppliers: sustainable vendor rating 33 3.4 Energy and renewable sources 35 3.5 Water consumption 35 3.6 Emissions and transport 36

4. SOCIAL SECTION: SOCIAL CARE 37

4.1 The importance of collaborators 38

4.2 Ongoing training 42 4.3 Workplace Safety & Quality 43

4.4 Bond with the local area

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5. LA SPORTIVA WORLDWIDE 46

5.1 International sales meeting 49

5.2 Brand ambassadors 50 5.3 Events and fairs 51 5.4 Prizes and awards 54

6. ONGOING IMPROVEMENT 55 7. APPENDIX 58

7.1 Methodological notes 58

7.2 GRI list of contents 60

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SUSTAINABILITY ACCORDING TO LA SPORTIVA and the environment, while focusing both on the Company’s ethical aspects and on the performance we aim at, in order to reduce environmental impact and to make the most out of the natural resources we wish to safeguard for the future. Our aim is to widespread beauty and technique through the La Sportiva brand.

When reatailing our products, we comply not only with the laws and regulations, but also with high ethical, sustainability and quality standards. For our business, these are crucial values for the Company to operate efficiently and to maintain reliability with customers, suppliers and, more generally, the whole economic context we operate in. We truly see sustainability as a competitive advantage for our operations, not just a good mission statement to market, in our production choices, behaviour towards all our stakeholders.

Every day, we make an effort to implement the principles of correctness, loyalty and transparency in the way we behave and lead relationships both within the company and with third parties.

This applies to all procedures, policies, guidelines and contractual relations adopted by the Company.

Choices taken on a daily basis encourage employess, directors, control bodies, in-house and freelance workers at La Sportiva Spa to successfully achieve the firm’s goals with regard to governance and surveilance, allow the Company to achieve its goals with regard to governance and surveillance.

La Sportiva believes that sustainability means being part of the context we live in, drawing the best possible energies from it and spreading them worldwide. The Company’s history stretches back over almost a century, and represents the steps taken, the integrity and the motivation to improve all the time, starting out from Trentino, a natural scenario that has no equal anywhere around the world.

All it takes is a little effort to love this land that inspires our choices, day after day.

Walking or running in the mountains, training at high altitude or on a wall while looking upwards towards the peak… this is what we would like you to experience thanks to our products designed for outdoor activities and also thanks to our first sustainability report.

This document describes what is truly important to us – people

Lorenzo Delladio

Presidente & CEO La Sportiva Spa G4-1

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SUSTAINABILITY REPORT

1 LA SPORTIVA: INNOVATION WITH PASSION La Sportiva’s products are the result of the skills and production techniques developed over the years and in combination with a creative, conceptual approach that allows us to test new materials and solutions to meet the needs of people with a passion for the mountains. This makes La Sportiva, to all intents and purposes, a local business that has earned a leading role worldwide in the outdoor shoes and mountain equipment sector, starting out from its family roots and traditional Trentino craftsmanship.

Passion in it’s unique and original form is La Sportiva distinctive attribute and it’s the result of an intense daily commitment by the Company and its’ workers to continiously improve and never rest on it’s laurels.

Altogether, this leads to extremely high-quality products, which, in La Sportiva core activity/approach this is the ability to combine technology and design to create and offer the whole world a vast range of outdoor sports products.

Innovation is integrated in all aspects of La Soprtiva’s production, especially with regard to climbing, which is the Company’s core business. In this specific sector, the company produces shoes and apparel for all conditions: from bouldering to long trails, from rock faces to cliffs, they guarantee excellent performance, sensitivity, comfort and durability.

La Sportiva designs equipment for trail and off-road running: from ultra-marathons to short and long-distance tracks, from skyraces to vertical kilometre, in the mountains or in the city.

For lovers of trekking, mountain climbing on dirt roads and skimountaineering, the shoes, equipment, ski boots and skis are the result of the application of innovative technologies and materials that can ensure excellent performance, lightness, technical quality and comfort. Whether it is trekking, backpacking or hiking carrying heavy loads (depending on the altitudes and latitudes), ski-touring, backcountry, racing and free-riding, there is specific equipment for all uses, thoroughly designed to ensure protection and safety in any weather conditions. La Sportiva also wishes to help people get to know the mountains, and to this end produces very versatile footwear models that are ideal for hiking and less extreme activities, vie ferrate and low-level climbing.

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1.1 MISSION & VALUES La Sportiva’s main aim and the foundation of its business is to offer complete customer satisfaction while respecting the surrounding mountain environment.

To achieve this, the Company strives daily to meet the needs of customers, brand ambassadors, users and all those who have a close relationship with La Sportiva, turning their requests into requirements to apply to the whole manufacturing process. The R&D department is constantly seeking innovative, proactive solutions to ensure products can respond to leading-edge technical needs and can guarantee safety and comfort for users, also thanks to the cutting-edge materials used.

Once again passion is the guiding light of La Sportiva. The first customers are the owners and workers themselves, given their love for mountains and outdoor activities. This privileged, demanding position allows La Sportiva to fully understand the expectations of those who buy footwear, apparel and equipment for the mountains, and inspires the Company to seek the ongoing improvement required by a wide market that encourages progress every day in terms of creativity and innovation, so as to guarantee the highest possible product quality.

All aspects regarding company organisation are clearly defined and all steps are constantly monitored, because this is the best way to be sure of what La Sportiva does. For this reason, over the years, the Company has focused on organisational quality and has managed to grow constantly, also with the aim of setting an example to follow for the local area and community.

The integrated certification system and the ethical code the company has been applying for several years now is a guarantee of quality work. Considering the size the company has now reached, La Sportiva has decided to establish some shared rules to guarantee the quality of the work and the products made, as well as the wellbeing of workers, the environment and the local community

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SUSTAINABILITY REPORT

1.2 THE HISTORY The Company was founded by Narciso Delladio in 1928, and became renowned worldwide thanks to Francesco Delladio. La Sportiva has always been a family business, run by the managing director and chairman Lorenzo Delladio, by the production manager Marco Delladio and by the fourth generation of the family Giulia Delladio, in charge of the retail project and the brand stores. Recently the Company has grown, thanks to an exhaustive range of products covering all approaches to the mountain and comprising footwear and apparel - both technical and for leisure time - that are particularly suitable for activities such as climbing, trekking, ski mountaineering, trail running and mountain climbing.

The Company is world leader in the production of climbing shoes and has its head office in Ziano di Fiemme at the foot of the Dolomites. La Sportiva works in the footwear industry with the aim of providing the best possible products for those who frequent the mountains in any way and at any altitude.

1920s – The Delladio family set up their business with woodcutter boots Narciso Delladio makes handcrafted wooden clogs and leather boots for the woodcutters and farmers of the Valle di Fiemme and Fassa.

1940s – La Sportiva expands into Trento The demand for boots continues to grow, and Narciso has to employ new workers: the good reputation of “Calzoleria Sportiva” crosses the local boundaries and reaches the cities of Trento and Bolzano.

1950s – Economic boom and growth of leisure time Narciso’s son Francesco joins the business, and the company starts to manufacture the first boots for skiing, a rapidly growing sport that needs increasingly technical footwear. The market is evolving rapidly, and La Sportiva brand is presented at the first fair in Milan and all over Europe.

1970s – La Sportiva, increasingly devoted to the mountains The use of plastic in manufacturing ski boots forces the Company to abandon this sector and focus more on the mountain industry. Meanwhile, Lorenzo, Luciano and Marco Delladio join the business.

1995 – From Tesero to Ziano di Fiemme The Tesero premises have become too small for the new production and organisational needs, so a new plant is built in Ziano di Fiemme, covering an area of 7000 sq.m 1998-2000 – Trade agreements with The North Face It is time for new agreements and consolidation on the market.

The North Face purchases 20% of the shares of the Italian company. Two years later, the Delladio family buys back their stake and becomes the sole owner of the business once more, as they did not agree with the new strategies of the North Face managers.

2003 - It is the first company worldwide in the outdoor footwear industry to adopt an integrated quality system UNI ISO 140019001, thus proving a commitment to quality as well as to environmental respect and impact 2006 – Merger between La Sportiva S.p.A. and La Sportiva N. A. La Sportiva announces that its American distributor has become an integral part of the Company. Exports are strongly consolidated and reach nearly 80%, with an increase in seasonal orders of 30% compared to 2005.

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2012 – Enlargement of the business A number of new features are introduced into the footwear industry and are appreciated by customers; the new office building allows for a better arrangement of the marketing and trade department as well as of the product showroom. The whole entrance area to the Company is also renovated 2011 – Spitfire, Sideral, more new products On the occasion of the yearly international sales meeting, the Company presents the new boots Spitfire, Sideral and Starlet, which together with the prestigious Stratos model, complete the comprehensive range of high-performing skis and seal skins. Following the 12-year collaboration with the Chinese producer Fulgent Sun Group (with a strategic role on the Chinese market), the new company Fujan La Sportiva is set up, with head office in China, to manufacture the mountain running footwear range 2010 – Agreement with Samsung Giulia Delladio, who represents the fourth generation of the Delladio family, joins the business, and sales keep growing.

Collaboration begins with the multinational Samsung, integrating the ski mountaineering project with the plastic boots, the Stratos carbon model, skis, bindings and highly advanced accessories.

2009 – Innovation pays off Despite the crisis worldwide, La Sportiva increases turnover by 14%. The Company manages to enter the ski mountaineering industry, thanks to new products such as, in particular, the Stratos model, a ski boot completely made of carbon and titanium. The Blurr Canadian brand is sold in the best European shops.

2013 – La Sportiva, brand awareness La Sportiva’s turnover, as well as its brand awareness, continues to grow: major satisfaction for the awards obtained at the industry fairs Outdoor Show (Germany) and OR Show (USA) thanks to the innovative Trango Cube model. The first climbing apparel collection makes its debut. Within the ski alp segment, La Sportiva impresses the market with its apparel and the new boots with four hooks Spectre and Sparkle. The Frenchman William Bon Mardion wins the ski mountaineering world championship wearing the brand-new Stratos Cube model. The video #WorkingClassHero is dedicated to him and his values.

2014 – The outdoor fair of Friedrichshafen rewards La Sportiva The Company presents the new Mountain Hiking range, which uses Gore-Tex Surround technology, and wins the best hiking/ trekking shoe award at the Outdoor fair in Friedrichshafen (Germany). Urban Zemmer is the fastest man in the world in the vertical kilometre and wins the world championship in Switzerland with the time of 29’ and 42’’. He wears the Helios SR model and the mountain running technical apparel by La Sportiva.

2015 – A deeply rooted change Francesco Delladio, the Company’s chairman, passes away. He is succeeded by Lorenzo, who is appointed new chairman of La Sportiva S.p.a. Giulia Delladio and Lanfranco Brugnoli become members of the BOD. Francesco leaves a hugely positive legacy, consisting of continuing commitment and achievements. The market has rewarded La Sportiva, which continues to grow and obtain new awards for the products presented at outdoor fairs all around the world.

2008 – New agreements with Blurr On the 80th anniversary of its foundation, La Sportiva becomes the exclusive dealer in Europe for the Canadian technical apparel brand Blurr.

2007 – Exports take off and La Sportiva wins Exports reach 80% while maintaining top quality. La Sportiva’s climbing team reaches important new goals with the victory of Patxi Usobiaga and Kilian Fischhuber in the bouldering world championship. La Sportiva Mountain Running Team keeps winning in the Italian championship, with the victory of Fulvio Dapit

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SUSTAINABILITY REPORT

1.3 THE PREMISES IN ZIANO DI FIEMME The head office is moved from Tesero to Ziano di Fiemme in 1995.

Despite the commercial dynamism, the constant, increasing relationships with foreign countries and the stimulating industrial collaborations developed, the Delladio family decides to keep the production line in Val di Fiemme, thus setting an important example of an international company that remains closely bound to its own local area and characteristics, from which it can benefit and provide significant opportunities for work and for growth.

The Company is growing constantly thanks to the skimountaineering boots and winter and summer technical apparel sectors, offering innovative products manufactured with top technologies and materials. To this end, a new office building is opened that allows for a better arrangement of the spaces for the marketing and sales department as well as for the product showrooms. The many young employees that work for La Sportiva share the passion for the surrounding mountains and for alpine sports, and this is what makes the Company strong and unique: its contribution to the growth of people “made in Trentino”. The experience, professional contribution and daily energy that employees devote to their work can be observed on a visit to the head office in Ziano di Fiemme.

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La Sportiva is part of the network of Val di Fiemme enterprises named “FiemmePIACE”.

Founded in 2014, FiemmePIACE comprises twenty-five local companies and represents a challenge. Besides offering top-quality products and services, the companies share the same care for the environment and the valley where they operate: this allows for cutting-edge, ecosustainable projects, as well as an awareness that Val di Fiemme undoubtedly represents a competitive advantage that cannot be compared to any lower costs deriving from moving the activities to other sites in Italy or abroad. All the enterprises of FiemmePIACE recognise and state that the local area provides a definite added value to their products, regardless of the production sector: they are all very proud of being in Val di Fiemme, which transmits enthusiasm and passion to the people who work with and for the Company, thus positively affecting the quality of their work.

Besides being an ordinary word in the daily language of social networks, “PIACE” (like) is an acronym that means passion, innovation, affiliation, competence and eco-sustainability.

1.4 VAL DI FIEMME La Sportiva draws its soul and strength from the deep roots that bind the Company to the Dolomites in Val di Fiemme and the relationship with the local community. This is reflected in the daily attention paid to the initiatives and projects of corporate social responsibility supported and implemented by La Sportiva in favour of the Val di Fiemme community and the whole Trentino area.

And all of this is possible because La Sportiva manufactures products for the mountain right here in the mountains. The passion for outdoor sports and the mountains is an everyday experience from which La Sportiva draws inspiration for projects resulting in technical, innovative products that are well appreciated worldwide.

The mountains are a natural element ideal for recharging the batteries and the origin of every new challenge based on research, technique and unspoilt beauty, because every day the designers can enjoy the wonderful view of the Dolomites (UNESCO World Heritage), the perfect scenario for an eco-sustainable manufacturing company to flourish.

What makes the Dolomites (UNESCO World Heritage) unique in the world?

On 26 June 2009, the Dolomites were included in the World Heritage List due to their beauty and unique landscape and to their scientific relevance from a geological and geomorphological point of view. The World Heritage UNESCO Convention establishes that some cultural and natural sites around the world, of worldwide importance, must be preserved as the heritage of the whole of humankind. Thus, the inclusion of the Dolomites on the World Heritage List is an extraordinary acknowledgement, but it also implies a strong commitment and responsibility regarding the safeguarding and the sustainable development of this wonderful alpine territory. “The Dolomites are widely regarded as being among the most attractive mountain landscapes in the world. These mountains rise as peaks with intervening ravines, in some places standing isolated but in others forming sweeping panoramas. Some of the rock cliffs here rise more than 1,500 m and are among the highest limestone walls found anywhere in the world�.

(UNESCO, statement of outstanding universal value, criterion VII: to preserve exceptional natural environments or sites with extraordinary natural beauty or aesthetic relevance).

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13 Pic by Tim Kington

SUSTAINABILITY REPORT

1.5 PRODUCTS

Hiking shoes for man and women

Hiking shoes for children

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They meet the needs of even the most demanding athletes, be it for mountain races, excursions, climbing or extreme ascents; this comprehensive footwear range is the result of the experience gained over several decades

- Trail running - Trekking boots - Mountaineering boots - Climbing shoes (indoor or outdoor) - Approach shoes

This specific range of shoes and boots for children, designed to stimulate the ability to perceive and recognise the position of their own body, makes it easier to interact with the environment and increases comfort while protecting it. The playful appearance captivates their imagination.

- Lapso Kid trekking shoes. They are made with Zero-Press Construction™ technology, which avoids putting pressure on the growing areas of the foot; quick lacing system and Sensor-Max Concept™ technology, which aids the tactile perception of the ground.

“Mountains are more than a place or a setting. Climbing is an instinct, a vocation, a life style�. #ForYourMountain Every day, La Sportiva manufactures several products for the worldwide outdoor sports market: climbing shoes, outdoor technical apparel, trail running footwear, hiking shoes, ski-mountaineering boots and high-altitude boots. Offering a wonderful sports experience also for youngsters by providing mountain shoes with top comfort and safety is another essential challenge to nourish the passion for the outdoors in the new generations.

The technical features of each model are the result of the continuous exchange of information between the R&D department and top international athletes and are designed on a daily basis. This is how the Company comes up with the different manufacturing techniques, technologies and technical strategies that make each product unique and irreplaceable.

The excellence of the products manufactured by La Sportiva is also guaranteed thanks to the carefully selected suppliers of raw materials.

Apparel

Wide range of mountain apparel for men and women, resulting from passion and research. The technical apparel is made with cutting-edge materials and technologies and is designed to make the most of outdoor activities, through an outstanding combination of appearance, technical quality, comfort and safety.

- Climbing apparel - Trail running - Mountaineering - Ski-mountaineering - Jackets - T-shirts - Technical T-shirts, jackets and gilets

Mountain equipment

Cutting-edge materials and solutions to guarantee top performance in every single sport, at competitive or amateur level. The technological research sums up the evolution of mountaineering and mountain sports, all in complete safety and comfort, even in the worst possible conditions and always with a careful eye on style

- Rucksacks for trekking, climbing and trail running - Climbing equipment (helmets, ski boots and seal skins, trekking and Nordic Walking poles) - Coordinated technical apparel (technical T-shirts, T-shirts, jackets and hoodies)

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BILANCIO DI SOSTENIBILITĂ SOTENIBILITĂ

1.6 LA SPORTIVA BRAND STORES

These stores represent the brand philosophy: to offer the best possible products to mountain lovers in every situation. Whether it is for running on dirt tracks, climbing outdoors or indoors, skimountaineering or hiking in the mountains for one or more days, La Sportiva Mountainware collection (outdoor technical apparel and footwear) is able to meet the needs of mountain enthusiasts at any level: from the professional sportsman to amateurs who wish to wear the Trentino brand even in their free time. La Sportiva single-brand stores, created for this purpose, offer the apparel and footwear of La Sportiva collection and are located in Ziano di Fiemme, Cavalese and Arco (Autonomous Province of Trento).

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1.7 STAKEHOLDERS MAP The stakeholders map sums up La Sportiva’s partners, i.e. the people, groups and organisations that directly affect the Company’s activities or that are directly or indirectly affected by them.

All stakeholders were given an on-line questionnaire in order to understand what they considered the most relevant indicators and issues.

Overall, 320 questionnaires were filled in.

Five interviews were also conducted with opinion leaders who are not part of the Company and are deemed the most relevant in terms of relations with the local area and the business partnerships in order to define the values and the social, economic and environmental impact for La Sportiva.

PERSONNEL

PUBLIC AUTHORITIES

SUPPLIERS

presence on the market emissions health and safety at work product responsibility - consumers’ health and safety training and education indirect economic impact

economic performance energy employment local community bio-diversity and safeguarding the environment

health and safety at work local community employment

BRAND AMBASSADORS

USERS

CUSTOMERS

spills and waste use of raw materials emissions

local suppliers management of raw materials health and safety at work

indirect economic impact management of raw materials health and safety at work

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SUSTAINABILITY REPORT

1.8 MATERIALITY MATRIX

economics aspects enviromental aspects social aspects

high

RELEVANCE FOR THE STAKEHOLDERS

BIODIVERSITY AND ENVIRONMENT CARE

HEALTH & SAFETY RAW MATERIALS MANAGMENT EQUAL OPPORTUNITIES WASTE COMMUNITY ENERGY LOCAL PROVIDERS

INDIRECT ECONOMIC IMPACT

OCCUPATIONS EMISSIONS

PRODUCT RESPONSABILITY TRAINING AND EDUCATION

ECONOMIC PERFORMANCE

WATER

TRANSPORTS

SUPPLY CHAIN ENVIRONMENTAL RATING

MARKET PRESENCE

SUPPLY CHAIN SOCIAL RATING

medium

high RELEVANCE FOR LA SPORTIVA

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Based on this analysis, La Sportiva has created the materiality matrix, a dynamic assessment tool that aims to identify the priority issues linked to the sustainability of the organisation. The results obtained allow the internal departments to identify the areas in which to focus the activities to improve the Company’s impact on the environment and on society. In addition, listening to stakeholders and the changing context will require a regular revision of the matrix of the material issues, and updating of the assessment of the risks and opportunities linked to the sustainability scenario.

This initial survey, carried out according to the GRI standard,

highlights the priorities and issues considered relevant for the level of sustainability achieved and that can be pursued by La Sportiva in the future. The vertical axis shows the relevance for the stakeholders involved in analysing the issues taken into account, while the horizontal axis represents how managing these issues may affect La Sportiva’s activities. The top right box shows the material issues that are reported as a priority. In total there are 19 issues (4 economic, 7 social and 8 environmental). The other boxes contain issues of medium relevance that are important for La Sportiva and the stakeholders from time to time.

1.9 COMMENTS ABOUT US The people interviewed expressed their opinion on this important economic business that stands out from many others for not having relocated the plant and for having focused on the technical and human skills of the Val di Fiemme community, recognising the Company’s success and ability to build confidence based on manufacturing and working ability.

“Rather than talking about the community’s expectations regarding the La Sportiva phenomenon, I would focus on the attention the Company pays the community, ability to defend the business and outstanding, constant growth over the years.”

Fabio Vanzetta - Mayor of Ziano di Fiemme Municipality “I consider training of the utmost importance, as it regards not only work, but also the overall personal growth of the individual. This is followed by the attention paid to local suppliers and the support for local employment. This says a lot about the Company’s commitment to remain in the valley and its entrepreneurial skills.”

Giovanni Zanon – President “Comunità della Val di Fiemme” “I believe there is a lot of interest in La Sportiva both in Italy and abroad. Choosing to work here in Val di Fiemme is important: carrying on an industrial business far from the industrial districts may seem a weakness, but it shows the Company’s coherence and unique qualities, although manufacturing sports products in Val di Fiemme requires a lot of commitment.”

Bruno Felicetti – Director of the Val di Fiemme Tourist Office “La Sportiva’s strong point lies in having nourished and maintained a close bond with the environment they operate in.

It is one of the Trentino companies that has built its brand identity around the link with the surrounding environment.

It is deeply rooted in the local area, and promotes local values while marketing its products.

Compared to other productive areas with no textile district, La Sportiva shares an inclination to take care of the manufacturing procedures and the product quality.”

Roberto Busato – Director of Confindustria “Starting from the sector I know best and where I work (energy production from renewable sources), I think that increasing the use of renewable energies can be an objective to pursue by La Sportiva.”

Andrea Ventura – CEO of Biofiemme Energia

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SUSTAINABILITY REPORT

2 ECONOMIC SECTION: AN INTERNATIONAL COMPANY Narciso Delladio started making handcrafted wooden clogs and leather boots for the woodcutters and farmers of the Valle di Fiemme and Fassa in the 1920s: many people relied on the skilful hands of this craftsman from Tesero. Today, 89 years later, the ultra-technical boots made with cutting-edge raw materials and procedures, yet manufactured with the same skill and enthusiasm, are worn worldwide. Boots are made according to the same values adopted by Narciso to produce his first footwear, with the aim of providing the best possible product to those who spend time in the mountains in any way and at any altitude.

Today, La Sportiva is a very sound company that in recent years has recorded a double-digit growth in turnover (+14.9% in 2016), is progressing at full speed on international markets and is worldwide leader in several outdoor sectors.

Over its 89 years in operation, the Company has kept up with changing times, has successfully competed first on national markets and then abroad and has also pioneered outdoor products and systems. Worth a mention is the patent registered in 1928 for a special lacing system subsequently used by the most important footwear factories and the Mirage model (1996), the first climbing shoe in the world that can be used on the flat and for vertical climbing.

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As a demonstration of the brand’s value and ability to be an ambassador for Italian-crafted quality around the world, in 2016, for the second year running, La Sportiva received the prestigious “Save the Brand” award, designed to celebrate the Italian companies that are leaders in its sector and that have managed to excel and to enhance its brand abroad.

Despite its international scope, La Sportiva is strongly rooted in the local area, so it is no wonder that one of the Company’ priorities is the economic impact on the local area, despite all the obstacles these strong local roots may encounter in a peculiar context such as Italy. Proof of this objective is the large proportion of workers from the Trentino-South Tyrol Region (75%) and the share of economic value (49.5%) distributed to suppliers and allocated on a local production chain for companies based in the Triveneto area (over 10 million euros).

La Sportiva’s working procedures have always been based on principles such as correctness, loyalty, integrity and transparency, which the management set forth in the Ethical Code starting from 2014. These four principles underlie the daily management of the business and, in general, all aspects of the corporate activities, guaranteeing the efficient functioning, reliability and positive reputation of the Company. To ensure that the Ethical Code is adopted correctly, the Company has appointed a Supervisory Body to reinforce the protection of La Sportiva and its image.

2.1 LA SPORTIVA GROUP AND THE GOVERNANCE SYSTEM In 1984, La Sportiva became a corporation, thus completing its transformation into a glocal company: starting from the family roots and the traditional mountain craftsmanship, the Company has achieved worldwide leadership while remaining closely bound to its identity and local values.

Today, La Sportiva directly or indirectly controls several companies that carry out activities complementary and functional to the Group’s core business.

In 1991, La Sportiva purchased 50% of the independent distribution company La Sportiva France Sarl to increase its penetration and control of the French market, which was considered of crucial importance. Afterwards, the French company was purchased in full in 2016.

In 2000, distribution in America was entrusted to the company La Sportiva North America Inc. In America, La Sportiva is a market leader mainly due to the mountain boots.

La Sportiva S.p.A. Ziano di Fiemme Italy

98,71%

100%

La Sportiva N.A. Inc.

La Sportiva Sarl

Boulder, CO USA

St. Jean de Vedas France

100% La Sportiva (Hong Kong) Ltd Hong Kong

40%

2011 saw the incorporation of the new company Fujan La Sportiva CO. ltd together with the Chinese manufacturer that produces the mountain running footwear range. This is a strategic commercial structure for better cover of the Chinese market.

Fujian La Sportiva CO. Ltd China

La Sportiva SpA represents the Groups’ core, and the governance model is based on the central role played by the Board of Directors (comprising the chairman and 3 directors) and the Board of Auditors (comprising 3 auditors).

BOARD OF DIRECTORS Delladio Lorenzo

Chairman

Tesero (TN) 24/05/1955

Delladio Marco

Director

Cavalese (TN) 08/12/1959

Delladio Giulia

Director

Trento (TN) 09/05/1985

Brugnoli Lanfranco

Director

Modena (MO) 18/02/1957

BOARD OF AUDITORS Moncher Edgardo

Chief auditor

Cavalese (TN) 29/01/1958

Sontacchi Giancarlo

Regular auditor

Trento (TN) 01/02/1943

Barbacovi Giorgio

Regular auditor

Cles (TN) 17/04/1960

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SUSTAINABILITY REPORT

The BOD is made up almost entirely of the Delladio family, thus guaranteeing the strong bond with the family roots that the Company wishes to preserve, and in 2002 Lanfranco Brugnoli joined as CEO.

PROVINCE OF RESIDENCE OF THE DIRECTORS

Even though the Company comprises hundreds of workers, manages huge economic interests and makes decisions on an international scale, the corporate governance (the Group’s core) is streamlined and dynamic, thus always ensuring top quality and responsibility on the part of the governing body.

2.2 AN INTEGRATED MANAGEMENT SYSTEM La Sportiva was the first company worldwide in the outdoor footwear industry to adopt an Integrated Quality and Environment System. In 1997 the Company boasted a Certified Quality Management System as per the UNI ISO 9002 standard, which in 2003 was turned into an Integrated Management System for Quality (UNI ISO 9001) and Environment (UNI ISO 14001).

La Sportiva commits on a daily basis to boosting innovation and creativity in order to always guarantee top-quality products. All aspects regarding company organisation are clearly defined and all steps are consistently monitored through regular checks and assessed through performance indicators.

“Our guide is passion and our passion is the mountain”

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For this reason, La Sportiva manufactures shoes in the environment where they belong: the Dolomites. And out of respect for the mountain area, great care is taken of environmental issues.

These principles prompt an in-depth critical analysis of all

processes, in an attempt to identify useful actions that may prevent and reduce to a minimum the impact resulting from the operations. This commitment to the environment is also demonstrated by the regular checks on emissions and air quality in the production area, as well as by the effort made to recover as much processing waste as possible and the constant search for new ways of recycling.

This commitment to sustainability comes from passion and is based on the awareness that adopting an Integrated Quality and Environment Management System will bring concrete benefits for all the parties involved: customers, suppliers, company, workers and ultimately the whole community they work in.

23 Pic by Heinz Zack

SUSTAINABILITY REPORT

2.3 INTERNATIONAL PRESENCE, MARKETS SERVED La Sportiva’s products are appreciated worldwide, and the brand is now synonymous with quality, innovative technical products for the mountain everywhere. Thus, it is no wonder that exports have reached nearly 80%; some of the main markets are Europe, USA and then Asia.

TURNOVER AREAS 2016 ITALY 20% EUROPE 53% USA 14% EAST 5% OTHERS 8%

2.4 MAIN ECONOMIC RESULTS 2016 was very positive for La Sportiva, as turnover exceeded 71 million euros, thus confirming a double-digit growth (+10.9%), as in the previous year. This trend underscores the Company’s solidity, despite the protracted period of unfavourable economic conditions.

Shoes have always been La Sportiva’s top product.

The technical apparel sector is also growing constantly, and with 169,498 clothing items sold in 2016, recorded a 40% increase compared to 2015.

ANNUAL TURNOVER 2016 (€) 75.000.000 65.000.000 55.000.000 45.000.000 35.000.000 25.000.000 2012

2013

2014

2015

2016

The direct economic value generated in 2016 is around 92 million euros, while the direct economic value distributed is just over 86 million euros. Both these economic indicators have increased compared to the previous year, by 0.9% and 0.1% respectively. The direct economic value retained by the Company (around 6 million euros), i.e. the difference between the two economic indicators, has grown by 13.4% compared to 2015.

G4-6 G4-8 G4-EC1

24

The direct economic value results from the Company’s revenues, which include the changes in product inventories, other revenue and financial income.

TOTAL INCOME - 2016

ROS 95,8%

PRODUCT RETENTION 1,3% FINANCIAL INCOMES 0,5%

OTHER INCOMES 1,3%

SHARE OF VALUE - 2016

SUPPLIERS 78,3%

CAPITAL SUPPLIERS 1,7%

EMPLOYEES 13,8%

The direct economic value distributed represents the direct and indirect economic impact on La Sportiva’s shareholders and stakeholders, so it is very interesting in terms of sustainability.

The suppliers amount to 78.3% of the total, the largest share of direct economic value distributed: the Triveneto is the area that benefits most from the economic impact, because the Company prefers to outsource to local enterprises. The employees come second (13.8%), while smaller percentages are accounted for by the Public Administration, capital providers and the amount reinvested in the Company (consisting of depreciation of investments).

COMPANY 3,4% PUBLIC ADMINISTRATION 2,8%

25

BILANCIO DI SOSTENIBILITÁ

26 Pic by Heinz Zack

3 ENVIRONMENT SECTION:

INNOVATION AND RESPECT

For La Sportiva the slogan Innovation with passion means first of all respecting the environment for which its products are manufactured.

The Company’s added value consists of producing items for the mountains, in the mountains, in the splendid setting of the Val di Fiemme Dolomites where the business has deep roots. The passion for outdoor activities and the mountains provides daily inspiration for La Sportiva to come up with new projects for technical and innovative products that are appreciated worldwide. At the same time, it comes natural to La Sportiva to develop Corporate Social Responsibility policies, because attention to environmental and social issues is closely bound up with the beautiful setting the Company operates in.

This attention has always been aimed at seeking out solutions, raw materials and leading-edge working procedures and methods that make it possible to reduce the environmental impact of the business, particularly in terms of raw material waste and CO2 emissions, and at the same time seeking to have a positive impact on the environment and the community.

With regard to company processes, La Sportiva was the first company worldwide in the outdoor-footwear industry, in 2003, to adopt the UNI ISO 14001 Environment Management System and integrate it with the Quality Management System.

As regards product innovation, La Sportiva implemented its ecosustainable approach with the launch, in 2017, of the climbing shoe Mythos eco, the new version of the renowned climbing shoe Mythos, 95% of the components of which come from materials with limited environmental impact (metal-free tanning, biodegradable leather and water-based glues) or are recycled (sole, laces and lacing straps).

In addition, since 2011, when La Sportiva expanded into the

technical apparel sector, the Company has decided to follow ecosustainable principles by adopting the PFC Free programme in order to eliminate fabrics, components and treatments that may contain perfluorocarbons (PFCs) while seeking eco-friendly materials with higher biodegradability.

Further proof of La Sportiva’s commitment in this field is the Bluesign® Member award the Company obtained for compliance with the standard that certifies the textile production cycle according to social-environmental criteria recognised at international level.

In the 2014/15 season, the Company presented the first products with complete Bluesign® certification.

Since 2013, La Sportiva has been a member of EOCA – European Outdoor Conservation Association, which comprises over 130 companies in the outdoor sector and aims at implementing projects to safeguard and restore the natural environment. These projects are not limited to Europe, and are carried out worldwide thanks to the support of the sponsoring enterprises. Among the projects implemented by EOCA, it is worth mentioning the creation of a nature trail in Nepal, the cleaning-up of alpine peaks in Kyrgyzstan, the protection of brown bears in Spain, the reforestation of primary forests in the Czech Republic, the construction of a cross-border trekking track between Macedonia and Albania, the protection of the rare Euphydryas aurinia butterflies in Ireland and the rescue from deforestation of an ancient forest in Sweden.

And to crown La Sportiva’s commitment in the environmental field, in 2016, the Chairman and CEO, Lorenzo Delladio, was given the honour of Knight of the Italian Republic for the Company’s ecosustainable approach and awareness of the social responsibilities towards the environment shown in managing the family business

27

SUSTAINABILITY REPORT

3.1 PRODUCTION AND PROCESSING WASTE From 2012, La Sportiva’s range also comprises technical apparel, but its core business remains the climbing shoes and the highmountain boots that are both manufactured in the premises in Ziano di Fiemme (Trento). Here, craftsmanship skills and knowhow are passed on over time and play a crucial role to ensure the constant innovation that distinguishes the Company.

From 2013, the total number of climbing shoes and high-mountain boots produced has remained practically constant, although in 2014 a peak in sales was recorded due to special supply needs that required the products to be delivered in advance. In the years 2015-2016, there was a higher demand for high-mountain boots, which compelled the Company to use the internal production resources to the detriment of the production of shoes.

G4-EN1 G4-EN27

28

The raw materials that are mainly used to manufacture the shoes are leather (for the upper), rubber (to model the sole) and glue (to join the two components). Following the increase in the production of shoes, there has also of course been a rise in the consumption of raw materials, particularly rubber, which also accounts for most of the processing waste.

CONSUMPTION OF RAW MATERIALS

2014

2015

2016

LEATHER (SQ.M)

42.900

49.100

50.700

RUBBER (kg)

108.109

160.245

224.754

Rubber is a complex material that cannot be easily reprocessed or reused in the footwear production process. However, this waste material can be employed in other industries, such as anti-shock paving. Thus, in order to reduce the production of waste and to contribute to developing a circular economy by turning waste into raw material, in recent years La Sportiva has managed to reuse around 50% of the processing waste for other productive purposes.

More in detail, by collaborating with a company specialised in recovering and reusing end-of-life rubber, La Sportiva has contributed to the paving of the playground of the primary school of Alassio (Savona) and the synthetic grass surface of the “La Meridiana� sports complex in Catania.

In addition, in 2016, the Company set up a project to reuse the rubber waste (which would otherwise have been disposed of) to produce eco-friendly items made of recovered rubber.

OVERALL RECYCLED RUBBER - 2016

50% RECYCLED RUBBER FOR OTHER ACTIVITIES

5% RECYCLED RUBBER FOR INTERNAL PROCESSES AND PRODUCTS

45% NOT RECYCLABLE RUBBER

At the same time, La Sportiva has introduced other innovations in its production process in order to consistently improve its attention to the environment: for example, the Eco Bond pre-glued soles, which allow for a remarkable saving on glue per pair of shoes manufactured.

After their adoption in 2014, savings of glue have more than doubled in the last two years.

ECO BOND SOLE USE - 2016

SHOES WITHOUT ECO BOND SOLE 84%

SHOES WITH ECO BOND SOLE 16%

29

SUSTAINABILITY REPORT

Turning processing waste into secondary raw material does not regard only rubber: La Sportiva has set up a collaboration with the Samuele Social Cooperative, which helps people in need to gain entry to the labour market through specific training projects and laboratories equipped for the purpose. The Company supplies the leather waste resulting from the shoe production process and the Cooperative uses it to make bags, keyrings and other items that are later sold, also in La Sportiva single-brand stores.

PRODUCT MADE OF RECYCLED LEATHER IN 2016

BAGS 14%

30

TROUSSE 17%

AGENDAS 9%

CARDHOLDERS 4%

KEY RINGS 56%

PROCESSING WASTE (tons) FOR AGRICULTURAL PURPOSES

RESOLING INTERVENTIONS CARRIED OUT 800

20

600

15

400

10 200

5 2012

2013

2014

2015

2016

Other processing waste is reused in secondary activities to transform and produce organic and organic-mineral fertilisers employed in organic agriculture: between 2012 and 2016, the Company has recorded an increase of over 50% in the quantity recovered.

2014

2015

2016

The number of shoes resoled by La Sportiva (directly or through its dealers) is constantly growing. This service, provided internally, plays a crucial role in reducing the Company’s environmental impact and in limiting the quantity of raw materials used. This allows the company to retain brand loyalty, with customers asking for maintenance work on their sports shoes even more than once, thus prolonging the life of the product and ensuring its quality over time.

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SUSTAINABILITY REPORT

3.2 WASTE PRODUCED TOTAL WASTE - 2016

The constant rise in production brings about a consequent increase in the total production of waste at the Ziano di Fiemme premises.

To cope with this increase, in 2015, La Sportiva implemented a new strategy to reuse waste, which has allowed for a remarkable reduction in the waste sent to the dump (destination dump - D15) in favour of a number of recovery activities (reuse - R13).

250.000

137.050 33%

181.460 41%

199.009 38%

183.300 96%

212.592 97%

67%

59%

62%

4%

3%

2012

2013

2014

2015

2016

150.000

50.000

La Sportiva monitors and manages the production and disposal of hazardous waste as provided for by the regulations currently in force. At the production plant in Ziano di Fiemme, the highest quantity of hazardous waste produced consists of spent activated carbon used for flue gas treatment and gas solvent filtration (87% in 2016). Other types of hazardous wastes are absorbents or filtering materials that may contain dangerous substances (7%), packaging containing residues of dangerous substances (2%) and waste adhesives and sealants containing solvents (3%).

AZARDOUS WASTE PER TYPE

32

RECYCLED - R13 (%) TOTAL WASTE (Kg)

2012

2013

2014

2015

2016

Spent activated carbon used for flue gas treatment

66%

81%

80%

78%

87%

Packaging containing residues of dangerous substances

12%

3%

2%

3%

2%

Waste adhesives and sealants containing solvents

9%

7%

4%

4%

3%

Absorbents and filtering materials containing dangerous substances

7%

8%

11%

14%

7%

Other hazardous waste

6%

1%

3%

1%

1%

17.850

42.840

53.549

54.450

84.632

TOTAL OF HAZARDOUS WASTE PRODUCED (kg)

G4-EN23 G4-EN27

WASTE - D15 (%)

3.3 SUPPLIERS: SUSTAINABLE VENDOR RATING La Sportiva’s history and roots are inextricably linked with Val di Fiemme, the Dolomites and the local community, which sustain the Company’s business. This is why La Sportiva is naturally interested in the development of the valley, by enhancing the skills and know-how developed locally and creating a positive economic impact in terms both of services and supplies and of tourism in Val di Fiemme, which benefits from the presence of this prestigious local brand.

The major suppliers are from the footwear district of Montebelluna (Treviso), an area renowned worldwide. As regards local origins, 66.7% of suppliers are in Triveneto, in particular Trentino-South Tyrol and Veneto, and account for around 50% of the total turnover outsourced to the suppliers.

SCOPE

EVALUATION CRITERIA

ENVIRONMENT

Eco-compatibility of materials and supplies Certified management system UNI EN ISO 14001 Working environment, equipment and state of conservation

SOCIAL

Technical-management organisation of human resources Implementation of other management systems

TURNOVER PER AREA - 2016

8%

3% PROVINCIA AUTONOMA DI TRENTO TRIVENETO AREA

30% 47%

ITALY EUROPE WORLD

12%

For La Sportiva, selecting suppliers is based not only on economic and quality parameters, but also on the extent to which they comply with environmental and social sustainability criteria. Specifically, the Company has drawn up some guidelines for assessing suppliers after one year from the start of the collaboration and then through spot checks based on specific criteria established within the Company. This assessment is compulsory with regard to environmental criteria, while it is optional for social criteria.

Corporate social responsibility

G4-12 G4-EC9 G4-EN32 G4-LA14

33

SUSTAINABILITY REPORT

The score assigned to the environment selection is divided equally between the possession of a UNI EN ISO 14001 certified management system and the analysis of the eco-compatibility of the supplies, including an assessment of the disposal of endof-life products, waste recovery, the impact on processes and the existence of eco-friendly packaging.

In 2016, the Italian suppliers and those based outside the European Union achieved the highest average score, as they already had a UNI EN ISO 14001 certified management system and an excellent assessment of the eco-compatibility of its supplies.

SUPPLIER ENVIROMENTAL RATING PER AREAS

TRIVENETO AREA

REST OF ITALY

REST OF EUROPE

REST OF THE WORLD

18% MATERIALS ECO-COMPATIBILITY 82%

34

CERTIFIED SYSTEM UNI EN ISO 14001

3.4 ENERGY AND RENEWABLE SOURCES La Sportiva pays attention to energy consumption and prefers to employ renewable or low-environmental-impact energy sources such as methane for heating.

This is shown by the building hosting the marketing and sales offices and the product showroom, opened at the beginning of 2012 and designed to be completely autonomous in terms of energy, thanks to the installation of an 18.89kWp PV plant and a heat pump system that can meet all the heating and air conditioning needs.

La Sportiva has also entered into an agreement with the power supplier and since 2012, all the energy required for the Ziano di Fiemme premises comes from certified renewable sources.

Over the last three years, total electricity consumption has increased by 3.3% (from 937.3 MWh to 968.3 MWh), also taking into account the electricity produced by the PV plant, which is entirely used by the Company.

The consumption of thermal energy also increased by 23% from 2014 to 2016: this is essentially due to the enlargement of the Ziano plant and to the increased production capacity over the last few years.

Against this rise in the consumption of electric and thermal energy in absolute terms, the yearly energy intensity (based on the ratio between energy consumption and turnover) has constantly decreased over the last three years (11.6% in 2016 compared to 13.6% in 2014).

ELECTRIC &THERMIC ENERGY CONSUMPTION 6.000 4.500 3.000 1.500 2014 Electric energy (GJ)

2015

2016

Thermic energy (GJ)

3.5 WATER CONSUMPTION Water availability is among the main objectives for sustainable development supported by the United Nations and is deemed a valuable resource, especially in the alpine environment.

La Sportiva’s water consumption is mainly from domestic use (around 96% of the total consumption per year), while dispersion into the soil has remained unchanged every year (around 60 cubic metres for watering green areas).

The use of process waters (which was already low in 2012, with 25 cubic metres) was interrupted in 2011, when the Company adopted a closed-cycle industrial washing process that allowed for a decrease in water consumption of around 70 cubic metres per year. This plant was designed for washing, rinsing and drying

rubber materials and significantly reduces water consumption, as it uses continual load rotation through an immersion washing system that reuses the water that is always present in the tanks.

G4-EN3 G4-EN5 G4-EN8 G4-EN9 G4-EN10

35

SUSTAINABILITY REPORT

3.6 EMISSIONS AND TRANSPORT La Sportiva commits to respecting the emission limits set by the Italian regulations and works to minimise the emissions produced by its production plant as regards powders and gas solvents, keeping them well below the limits provided for in Legislative Decree no. 152/2006.

This objective can be achieved thanks to investments in the plants to reduce and mitigate emissions. In the Ziano di Fiemme plant, improvements have been made to the suction system by installing an extra activated carbon box to filter the gas solvents. La Sportiva is also experimenting with water-based products to replace the solvent-based ones, and has introduced Ecobond technology, a PVC adhesive film that is already applied by the supplier directly to the sole and does not require the application of more glue during assembly, but simply the reactivation of the adhesive film.

C02 EMISSION BY TIPOLOGY (TONS PER YEAR) 700,0 525,0 350,0 175,0

2014 GASOLINE

G4-EN15 G4-EN17 G4-EN30

36

2015 METHANE

2016

ELECTRIC ENERGY

In terms of CO2 equivalent emissions, the major emission sources up to 2016 are linked to electricity consumption (53%), methane used for boilers (36%) and fuel used for the corporate fleet (11%). Over the last three years, total CO2 equivalent emissions have increased by 15%, mainly due to the higher consumption of methane following the enlargement of the premises in Ziano di Fiemme and of the fuel used by the Company’s fleet for commercial purposes.

In order to reduce the CO2 equivalent emissions generated by the plant, La Sportiva has adopted new solutions for energy supply from renewable sources and is trying to choose vehicles with higher emission standards for the fleet, in order to allow for a reduction in the polluting emissions per kilometre.

COMPANY CAR FLEET BY EMISSIONS STANDARD

EURO 2 12%

EURO 6 18%

EURO 4 24%

EURO 5 30%

4 SOCIAL SECTION: SOCIAL CARE As a result of the social dynamics and the environmental crisis of recent years, consumers were forced to make responsible purchasing choices, aware that sustainable behaviours on a local scale may globally affect our planet. Companies, for their part, are committed to adopting Corporate Social Responsibility policies as part of their business strategies.

La Sportiva, a market leader in the production of mountain shoes, is fully aware that it is crucial to consider the company as a system and that the social care policies pursued are indirectly linked to what was discussed last June at the Festival of Economics of Trento.

“We are within the scope of the moral choices a company can make and all this remains complicated, even if it is planned and desired; it is necessary to understand whether companies can promote the right behaviour”.

This statement is by Jean Tirole, a French economist who won the Nobel prize in 2014 and who takes a systemic view of Corporate Social Responsibility.

La Sportiva undertakes to include social responsibility policies in its corporate strategies, with the aim of increasing product quality, as well as other aspects such as ethical and ecological principles and the supply chain.

“We must be grateful to the local area for what it has allowed us to achieve in terms of structural development and above all the development of the people and the value they bring to the Company” Lorenzo Dalladio, Managing Director of La Sportiva

The Company’s focus has always been on its social capital, consisting of the men and women that contribute to its success; this is cultivated on a daily basis thanks to the policies governing workers’ health and safety, achieving an appropriate work/life balance and, in general, the attention paid to individual wellbeing.

37

SUSTAINABILITY REPORT

4.1 THE IMPORTANCE OF COLLABORATORS La Sportiva strongly believes that a company’ success is based on the satisfaction and tranquillity of its workers: men and women who share the principles of the company mission and are consistently involved in pursuing them.

The Company’s operations and production skills are guaranteed through the safeguard and the wellbeing of its workers, and their motivation and support, the basic values shared by the owners and the management. In December 2016, 93% of the 258 workers had a full-time contract and 94% were permanently employed, with a constant rise in the number of employees: +12% in the last 4 years.

JOB CONTRACTS: LENGHT AND NUMBERS 250 200 150 100 50

JOB CONTRACTS TYPOLOGY 260 160 60

2014 FIXED TERM

2015

2016 LONG TIME RELATIONSHIP

2014 PART TIME

2015

2016

FULL TIME

The National Collective Agreement for footwear industries is applied to all workers and governs any changes in the organisation; extra allowances over minimum pay are also guaranteed to improve the workers’ living conditions.

The strong bond between La Sportiva and the local area is also testified to by the number of employees born and resident in Trentino-South Tyrol, with a majority from the Autonomous Province of Trento WORKERS PER AREA OF RESIDENCE

WORKERS PER PLACE OF BIRTH

95% PROVINCIA DI TRENTO

G4-10 G4-11 G4-LA1 G4-LA4 G4-LA12 G4-LA13

38

74% TRENTINO SOUTH TYROL

26% OUTSIDE OF THE REGION

Most of the employees are blue-collar workers, and around 70% work at the Ziano di Fiemme premises.

The others are employees, of whom only 1% have executive positions

5% OUTSIDE PROVINCIA DI TRENTO

NEW RECRUITMENTS AND TURNOVER The Company’s success, resulting from the constant investments in research and development, is shown in the growth in production, and this has made it possible to recruit young workers: 62% of workers are under 40 and have been working for the Company for less than 10 years.

La Sportiva is one of the leading companies on the major outdoor markets (Italy, Europe, America and Asia) and its success springs from the decision to keep the heart of production in Val di Fiemme.

Most of the Company’s employees come from Trentino and the global turnover rate has remained steady in the last two years: this data shows the satisfaction of the people working for the Company. The turnover rate per gender is indicated below.

COLLABORATORS BY AGE 83

80

5%

65

60 40

28

20

4

4

<20

20-30

30-40

50-60

40-50

>60

COLLABORATORS BY COUNTRY OF ORIGIN 80

237

60 40 3

20 Italy

7%

74

3

2

Brasil

9 1

Germany Morocco Poland

Romania

2

1

Russia

Swiss

TURNOVER RATE OF PERSONNEL PER GENDER

In 2016, the male turnover rate was 7%, while the female rate was 5%.

Parental leave has grown constantly, and in 2016 it was used by 13 people.

Over the last three years, the return to work rate has been about 70%.

EQUAL OPPORTUNITIES

OCCUPATIONS

260

Based on the last ISTAT data, the employment rate of women between 15 and 64 years in Trentino-South Tyrol is 64.7%, while the rate for men is 78.1%: a gap of 13.4 percentage points. The number of women in part-time employment has increased by 12% compared to 2010 (Source Istat – 2015).

195 130 65

98

72

78

82

91

104

107

119

2012

2013

2014

2015

112

MEN

146

WOMEN

2016

39

BILANCIO DI SOSTENIBILITÁ

40 Pic by Matteo Pavana

Most of La Sportiva’s workers are women, and their number has increased constantly: in 2016 there were 53 new recruitments, 33 of them women.

COLLABORATORS

JOB CONTRACT TYPOLOGY 6%

43%

NEW HIRES

FIXED TERMS

57%

38% LONG TIME RELATIONSHIP

62%

94%

As for the Company’s Board of Directors, it comprises Lorenzo and Marco Delladio (who belong to the founding family) and Giulia Delladio (Lorenzo’s daughter) and Lanfranco Brugnoli, who joined later. Here the female quota is 25%.

TOTAL REMUNERATION BETWEEN MEN AND WOMEN The following table shows the equal opportunities and remuneration based on the ratio of the total gross remunerations of men and women. La Sportiva makes no differences in gender and guarantees the same levels with equal expertise.

The value shown in the table is obtained by dividing the total amount of the yearly gross income received by women compared to that of men, depending on their employment grade.

The corporate choices regarding the extra allowances over minimum pay ensure a significant increase in the average remuneration compared to the Collective National Agreement of the footwear industries.

TOTAL GROSS SALARY REPORT LEVEL

EMPLOYEES

WORKER

1

-

100%

2

97%

98%

3

97%

86%

4

78%

87%

5

98%

-

6

85%

-

7

-

-

8

71%

-

TOTAL AVERAGE

88%

93%

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SUSTAINABILITY REPORT

4.2 ONGOING TRAINING Training and coaching are an integral part of the ongoing process of improvement carried out by La Sportiva to face the Companyâ&#x20AC;&#x2122;s stimulating new challenges, using the most modern means and proper know-how. The Human Resources department plans and monitors the training activities, a crucial task closely linked to the objective of constant innovation pursued by the Company.

Over the last three years, around 25% of the employees have alternatively taken part in training activities, with an average of 4.5 hours per year per worker.

2% 5%

TRAININGS ACTIVITIES 350 300 250 200 150 100 50

TRAININGS BY AREAS (2016)

3%

ENVIROMENT: LEGAL ASPECTS

328

323

10%

258

ADMINISTRATION

39% 82 2014 PARTECIPANTS

8% 50 2015

LOGISTICS

62

SALES DEPARTMENT MARKETING

10%

2016

R&D HEALTH & SAFETY

TRAINING HOURS

24%

CROSS SKILLS

WORK EXPERIENCE SCHEME FOR HIGH SCHOOL STUDENTS There are two ongoing projects at the Company that involve some students as trainees. The system is based on experiences and teaching methods already encountered, enhancing the methodologies applied and aiding the integration between learning in the classroom and in the workplace.

Another ongoing project is the post-diploma course organised by Trentino Sviluppo, an agency of the Autonomous Province of Trento that operates to promote sustainable development to obtain the qualification of digital manufacturing designer in order to boost specialised expertise at local level.

G4-LA9 G4-LA10

42

BILANCIO DI SOSTENIBILITÁ

4.3 SAFETY AND QUALITY OF THE WORKPLACE

Safety and quality in the workplace are crucial to prevent the occurrence of accidents As per law 81/2008, it is compulsory to provide training activities that account for 24% of the total yearly hours for workers’ ongoing training.

In addition, based on the regulations in force, it is necessary to carry out safety checks and controls on the machinery and equipment on a regular basis.

As a result, since 2012 the number of injuries has gradually decreased, with a consequent fall in sick leave requested.

INJURIES (2016) 120

TYPOLOGY OF INJURIES

105

5

93

90

4

74

60 30

45 8

6

1

2012

2013

2014

4

2

3

2015

2016

3 2

5 33

3

3 11

1

1 0

0 2012

2013

2014

2015

2016

CRASH & WOUNDS NUMBERS OF INJURIES

DAYS OF INJURIES

ONGOING INJURIES*

*INJURY SUFFERED BY THE WORKER ON THE WAY FROM HOME TO THE WORKPLACE AND BACK.

No serious injuries occurred in 2016.

G4-LA6

43

SUSTAINABILITY REPORT

4.4 BOND WITH THE LOCAL AREA La Sportiva promotes Val di Fiemme through corporate events and by supporting several social-sports activities.

Fiemme Piace A network formed by enterprises in Val di Fiemme that, among other initiatives, promotes the sustainable mobility of workers by monitoring their movements in order to report on the related environmental impact.

Trentino Pedala This initiative promoted by the Environment and Infrastructure Department of the Autonomous Province of Trento encourages the use of the bicycle and is supported by La Sportiva as local sponsor and by actively involving its collaborators.

Partecipants 19 Km / Partecipants 1.329,54 km Total km 25.261,25 km Saved CO2 2.295,27 kg di CO2 Corrisponding wooden surface 114,76 m2 Saved economic resources 7.746,81€

Lions Club This humanitarian association aims to create and encourage a spirit of mutual understanding among populations worldwide, spread the principles of good governance and citizenship for the civic, cultural, social and moral good of the community and encourage people to improve their local community.

ADMO & Climb For Life This initiative is aimed at raising awareness among climbers and mountain lovers about bone marrow donation, by showing them donating is safe and simple. The brand ambassadors who have become donors through the ADMO project (“Associazione Donazione Midollo Osseo”) & “Climb For Life“ are: Adam Ondra, James Pearson, Caroline Ciavaldini, Silvio Reffo, Hansjorg Hauer, Michele Caminati and Pietro Dal Pra. Cooperativa Samuele This project was endorsed in order to help people in difficulty to enter the work market: this cooperative enables people of all ages to be useful by creating special items made with the waste material provided by La Sportiva, thanks to customised training activities carried out in specially equipped labs. In 2016, the Company provided 460 sq.m of waste leather resulting from its processing and classified as a sub-product to produce objects and leather items for nearly euro 7,000.00.

Associazione Sportabili This association of Predazzo with a social purpose supports disabled people in order to fully recover their potential in terms of work, intellect and free time, and thus their interpersonal relationships.

G4-EC7

44

Casa Sebastiano - Val di Non This is the first centre in Trentino to research into and combat autism, and it was endorsed by the “Fondazione Trentina per l’Autismo Onlus”, which La Sportiva belongs to, in 2016. This foundation is chaired by Giovanni Coletti, founder of Tama S.p.A., and was set up to promote and implement projects aiming to improve the quality of life of all people of all ages affected by this condition.

44

Aquila Basket Trento La Sportiva provides the outdoor apparel for Dolomiti Energia Trentino, a team playing in the top Italian basket-ball championship. The staff and players wear La Sportiva collection for their outdoor activities in the mountains and in their daily life. This lifestyle is also reflected in the eco-sustainable choices supported by these two Trentino entities through green initiatives that encourage people to reach the PalaTrento, home court of the Dolomiti Energia Trentino team, by bike or on foot and by paying attention to social policies through projects aimed at promoting sport and its values in the schools of Trentino and in the small sports associations dotted around the province.

SHARE AND PARTICIPATION IN SOCIAL RESPONSIBILITY PROJECTS Participation in maintaining the “Palazzo della Magnifica Comunità di Fiemme”: Finale for Nepal Filippine Earthquake

support for the “Ambasciatori del palazzo” project, which allows companies to organise events in the historical building of Cavalese. a music event held in Finale Ligure, whose proceeds are partially destined for solidarity projects (since 2013) donation of footwear

Cleaning-up and arrangement of the sports climbing boulders in Gallura (Sardinia)

Sponsorship of the “Sardinia bloc scouting” guidebook by cleaning up and arranging a new climbing area that attracts climbers from all over the world https://issuu.com/lasportiva/docs/ita_sardiniabloc_guida_cc045417156985

Contributions and donations to the “European Outdoor Conservation Association”

support for charity initiatives to preserve the environment https://www.outdoorconservation.eu

“Fondazione Trentina per l’autismo”

donations to support the centre for autism in Trento

Ski Jazz – Val di Fiemme

sponsorship

Ted ex 2015

sponsorship

Banff film festival

sponsorship

Bluesign system

partner of the Bluesign system, certification for sustainable textile production https://www.bluesign.com AVERAGE ANNUAL INVESTMENT (MORE THEN 50.000 €)

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SUSTAINABILITY REPORT

5 LA SPORTIVA WORLDWIDE One of the most distinctive aspects of La Sportiva is the ability to identify, decade after decade, the best product for lovers of climbing, mountaineering and trekking in the mountains.

The Company receives acknowledgements and awards for internationalisation and business development on foreign markets and stands out as an Italian business able to compete anywhere in the world with a glocal approach by thinking globally and working locally. From the early days as a craft workshop in 1928, market opportunities have not been confined within the boundaries of the splendid mountains that surround Val di Fiemme, from where the inspiration comes to experiment with new materials and technologies for new products. La Sportivaâ&#x20AC;&#x2122;s natural inclination is to serve as a benchmark for the outdoor sports industry all over the world and for mountain lovers, and this is expressed as only the mountain folk know how, focusing attention on broad, deep concepts.

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BILANCIO DI SOSTENIBILITÁ

The founder of this great company, Francesco Delladio, makes it clear for everyone when he says: “I will never quit, this is my life”. La Sportiva keeps looking ahead with synthesis, rhythm and precision, conquering the mountain shoe world for runners, mountaineers and climbers. Starting from the mountain boot in the 1970s and by taking part in the most important outdoor fairs in the world (in Friedrichshafen and Ispo in Munich), La Sportiva has managed to attract international attention, thus bringing in new countries and gaining more and more interest and an increase in customers.

La Sportiva’s customer is multilingual, cosmopolitan, millennial, dynamic, loves nature and practises mountain sports.

47

BILANCIO DI SOSTENIBILITÁ

48

5.1 INTERNATIONAL SALES MEETING This event brings all La Sportiva’s sales forces together in Val di Fiemme. It takes place twice a year (in May and November) in the prestigious “Palazzo della Magnifica Comunità di Fiemme”, a Renaissance building that was historically used for civic purposes and is home to the “Palafiemme” Conference Centre of Cavalese. During this four-day meeting, La Sportiva underlines the importance of being a company that was established and has grown in the mountains, by involving the major corporate representatives as well as the most renowned figures in the Val di Fiemme area. On this occasion, the Company presents the new products to be launched in the following season to the worldwide network of importers. In 2016, it was attended by over 70 international agencies and dealers from over 20 countries (e.g.

USA, Japan, China, Korea, Russia, Australia, UK, Germany, etc.).

In the 12th century, the population was so closely bound to their local area that they established a special kind of selfgovernment, the “Magnifica Comunità della Val di Fiemme”, which still manages the valley’s forests (including the Paneveggio forest, which, given its size and variety of wildlife, is a true natural monument). The wood from the Paneveggio forest is the typical product of the local economy: it boasts unique acoustic features and is used for the most refined string and plucked instruments.

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SUSTAINABILITY REPORT

5.2 BRAND AMBASSADOR La Sportiva chooses brand ambassadors mainly based on the results achieved in the competitions they take part in, ranging from climbing to mountain running and ski mountaineering.

Special attention is paid to their communicative abilities. Minors or those who practise extreme sports are not chosen, as the Company wishes to focus on those who carry out high-mountain activities safely, by providing them with high-performance, topquality products for competitions, often at international level. All team members have their own story, based on experience, passion and devotion as well as the values La Sportiva stands for. Every achievement results from training and refining the technique that constantly requires body and soul to work together. All team athletes explore the worldâ&#x20AC;&#x2122;s boundaries in their own way, in search of a way for each discipline to move forward, thus inevitably representing the growth of their own local area. Each athlete chooses to experience these disciplines to the full.

CLIMBERS The mountain means passion, research, humility. Climbers have their own vision and ethics, the seed of their pure genius and creativity. For mountaineers, sports climbers, boulderers and competitive sport aficionados, exploring and travelling are a must, leading them to rocks and environments never tackled before. Given their desire for research, they may be considered as outsiders and lovers of the outdoor life.

MOUNTAIN RUNNERS They move quickly on off-road paths, rapidly run through obstacles, stop and listen to their heartbeat, take a deep breath and start again towards their next target. They live on the run, looking upwards towards the next peak with the experience gained on the path already travelled and under their feet. Never in a hurry, at a reasonable speed, they reflect and think of each move, instinctive though it seems. This is what they do during races: make complicated things look simple.

SKIMOUNTAINEERING TEAM How come they wear ski-mountaineering skis most of the time?

Pure instinct and the unrelenting desire that forces them to go higher and higher with the skins. They love the dust at the top of peaks and the highest, silent slopes, while the cold and merciless wind blows it up and shapes the essential features of the peaks.

The way they prepare their equipment and train is almost insane, across inaccessible, solitary terrain, in top shape and always accompanied by that lucid humility typical of those who treat the mountains with respect.

#WEARELASPORTIVA

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5.3 EVENTS & FAIRS

La Sportiva supports, carries out and organises several events all over the world and throughout the year. The global dynamism demonstrated and the passion transmitted in implementing sports events is huge and thrilling. What do the 90 events organised over the last few years have in common? Very powerful natural and human settings, made up of men and women that require very high quality and performance standards from themselves and the sports equipment they choose to undertake new challenges.

Climb-In-Gym Tour From Scotland to Italy, through the major cities of France, Austria, Belgium, the Netherlands and Germany, the latest from this Trentino Company has literally travelled all around Europe. The size of this event was totally new to La Sportiva: a month rich in experiences, unique meetings and a lot of fun that ended in a very crowded Berlin. 38 dates, over 40 tests, 7 different countries, 7 models of climbing shoes to try. These are the figures of the first European Climb-In-Gym Tour 2016, which also offered an opportunity to meet people from all over the world and for speakers of many different languages to communicate through climbing; it allowed for hundreds of tests, hundreds of smiles and jokes, shared opinions, questions and answers; it offered the chance to spend countless hours among chalk and voices shouting on climbing walls just waiting to be discovered, to create a tour that needs no figures to describe it. This tour was designed to â&#x20AC;&#x153;test and feelâ&#x20AC;?, and in the end this objective was fully achieved. This is how the first Climb-in-Gym Tour ends, after testing over European 40 climbing walls: with that sense of melancholy felt when something good finishes and the right stimulus to look positively ahead to the following spring, with the involvement of all the organisations and climbers that have once again placed their trust in La Sportiva.

Pic by Simon Brunner

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SUSTAINABILITY REPORT

OUTDOOR

ISPO

EPIC SKI TOUR

LA GRAND COURSE

ROCK MASTER CLYMB IN GYM TOUR MELLOBLOCCO LA SPORTIVA MOUNTAIN RUNNING CUP

Friedrichshafen GERMANY

This is one of the major trade fairs for summer sports worldwide.

Monaco GERMANY

This is the most important exhibition dedicated to the winter sport business, where operators can find all the previews, new technological developments, etc.

Cavalese TRENTINO-SOUTH TYROL

Main sponsor of this event on the slopes of Trentino, consisting of three days of ski-mountaineering races

FRANCE / SPAIN / SWITZERLAND VAL D’AOSTA / TRENTINO SOUTH TYROL / LOMBARDY

Sponsor of a series of long-distance races that take place on the most striking European peaks

Arco TRENTINO SOUTH TYROL

One of the main sponsors of the most important climbing contests worldwide, held in Arco since 1987

EUROPE

This is a “test and feel” event organised by La Sportiva on the 60 most renowned climbing walls in Europe

Sondrio LOMBARDY

Sponsor of the most important event for bouldering lovers at international level

LOMBARDY VENETO TRENTINO SOUTH TYROL

This is a series of races for sky runners at national level, in which La Sportiva takes part with a team of international athletes.

52 Pic by Federico Modica

BILANCIO DI SOSTENIBILITÁ

LA DOLOMITES SKY RACE

Val di Fiemme TRENTINO SOUTH TYROL

Sky-running contest that takes place on the Dolomite peaks starting from Canazei and in which La Sportiva takes part with internationally renowned athletes.

LUT

Lavaredo TRENTINO SOUTH TYROL

“Lavaredo Ultra Trail” is a 120km-long race starting from Cortina and passing over the most striking peaks of the Dolomites such as Cristallo, Tofane, Cinque Torri and Tre Cime di Lavaredo. La Sportiva takes part with its brand ambassadors.

SUDTIROL ULTRA SKYRACE

Bolzano TRENTINO SOUTH TYROL

La Sportiva is partner, along with Sportler, of this extreme mountain running race that takes place along the “Hufeisentour” trail on the Sarntaler Alp

Cinque terre LIGURIA

Main sponsor of this race, which takes place along the wine routes of the Cinque Terre, with the start and finish lines in Monterosso

Las Vegas NEVADA

This is the major climbing festival in the States and offers clinics, material tests, lessons given by international athletes and a big closing party

Vail COLORADO

4 days comprising all kinds of outdoor events, from running to climbing, yoga and even fly fishing

Charlotte NORTH CAROLINA

This multi-day festival at the National Whitewater Center (USNWC) has reached its 6th edition and boasts 32,000 participants

Ouray COLORADO

For over 20 years this has been the most important Ice Climbing and Dry Tooling festival worldwide. This paradise for ice lovers is located in a canyon of Colorado and is 100% the work of volunteers and enthusiasts

SCIACCHETRAIL RED ROCK RENDEVOUS GOPRO MOUNTAIN GAMES TUCK FEST

OURAY ICE FEST

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BILANCIO DI SOSTENIBILITÁ SUSTAINABILITY REPORT

5.4 PRIZES AND AWARDS

The top prize customers have awarded La Sportiva, and which the Company is very proud of, is undoubtedly the success that has built the products’ reputation, but the number of awards keeps growing. On the occasion of the ISPO Award in Munich in 2014, acknowledgement was made of one of the Company’s major strengths: the design of the ski-mountaineering boot Syborg, a race boot in Grilamid® resulting from the production of the renowned range of Stratos carbon boots. During the Outdoor Award of the Friedrichshafen fair in the same year, la Sportiva received the award for high-level innovation in the trekking and hiking sectors thanks to the model that employs the innovative Gore-Tex Surround technology. In 2015, the Company received the “Miglior Campagna New Media” (best new media campaign) award from Outdoor Magazine and from over 100 retailers on the occasion of the Outdoor Industry Award 2015 in Cavalese, thanks to the No-Edge Technology, a solution that appears in the very successful web series of the same name launched by the Company that is changing and improving the lifestyle of some of today’s best climbers. The 2016 winter press campaign received the “Snow Industry Award” for the G2SM mountaineering boot; in the same year, on the occasion of the event “Save the brand”, which promotes the best products made in Italy in the fashion, taste and furnishing industry.

54

6 CONTINUOUS IMPROVMENT La Sportiva is a responsible company that looks seriously ahead to the future by implementing precise environmental, ethical and social policies. The Company’s future is anchored to solid foundations as well as on values and principles that take shape in the projects already under way.

LA SPORTIVA MEANS RESEARCH La Sportiva wishes to pursue its commitment to anticipating trends in the outdoor world and to seeking the highest quality in its models, materials and solutions in order to fully meet the needs of customers and stakeholders. For the future, the Company intends to focus on the following aspects: • Brand

• Increasing the production of items made in Italy • Developing retail • Total Look

LA SPORTIVA MEANS

ENVIRONMENT

La Sportiva is committed to obtaining ISO 14001 certification and is looking for solutions, raw materials, working processes and methods able to improve environmental performance related to its activities. In line with the principles of the circular economy, the Company intends to improve the quality of the rubber (the main processing waste) that is sent for recycling to new production lines, for example to produce anti-shock paving: it has already ventured down this path in Liguria and Sicily and there is ample scope for development in Trentino in the near future.

LA SPORTIVA MEANS

Besides carrying on the work to make choices able to combine reduced environmental impact and the recovery of materials with good quality and technique, the R&D department is trying to limit CO2 emissions by improving the eco-tanning processes for the leathers and by making improvements to the activated carbon filtering plant. Another significant use of the rubber processing waste is to manufacture products such as the Mythos Eco and Cobra Eco shoes, which are 90% made of recycled and ecosustainable materials: the edges and soles are made of waste rubber.

VAL DI FIEMME

For La Sportiva, success runs parallel with Val di Fiemme. In order to boost the economic and employment impact on the local area, the Company has decided to maintain the outdoor shoe production in the valley as well as to build a new 4000-sq.m. production area for the manufacture of climbing shoes, including the new commercial and marketing offices starting from 2018.

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SUSTAINABILITY REPORT

LA SPORTIVA MEANS SUSTEINABLE

DEVELOPMENT

As regards sustainability, La Sportiva intends to continue with the implementation of the 17 Sustainable Development Goals (SDGs) dell’Agenda 2030 per lo Sviluppo Sostenibile (https:// sustainabledevelopment.un.org/), ratified in September 2015 by the leading countries worldwide on the occasion of the United Nations Summit and which officially came into force for everyone on 1 January 2016: governments, private companies, civil society and citizens. Each objective includes specific targets to be achieved over the next 15 years.

La Sportiva’s contribution will regard the following fields: GOAL 7: Affordable and Clean Energy.

In this area, the Company aims to design new structures with low environmental impact, generally intended to become self-sufficient in terms of energy and to improve energy efficiency in the production cycle by using renewable sources.

GOAL 8: Decent Work e Economic Growth.

In this area, La Sportiva will continue to ensure workplace quality and safety for employees by implementing salary policies aimed at guaranteeing peace of mind. The Company also wishes to take on new workers, particularly from the local area.

GOAL 12: Responsible Consumption and Production.

The commitment taken on through the UNI EN ISO 14001 certification, as well as this version of the Sustainability Report according to the GRI standard, come under this area, which also regards the commitment to recovering materials by using processing waste for new production cycles, both internal and external.

GOAL 15: Life on Land.

La Sportiva contributes to this global objective by making a concrete effort to preserve the mountain ecosystems and its biodiversity in order to increase their ability to provide benefits crucial to development.

56

BILANCIO DI SOTENIBILITÁ

57 Pic by Matteo Pavana

SUSTAINABILITY REPORT

7 APPENDIX 7.1 METHODOLOGICAL NOTES The Sustainability Report is the result of a reporting process and is published by the Company to inform stakeholders of the impact its business may have in economic, environmental and social terms. Thus, the purpose of this report is to disclose the activities carried out by the Company regarding social responsibility. La Sportiva has implemented the Sustainability Report according to the international G4 Sustainability Reporting Guidelines set in 2013 by the GRI-Global Reporting Initiative (https://www. globalreporting.org/Pages/default.aspx). The G4 standard has two application levels: comprehensive and core. The Company has chosen to comply with the core level, believing it is important to gradually approach this new reporting system as suggested by the GRI guidelines. This document will be available to all the people concerned and will be updated on a two-year basis.

The compulsory and optional indicators indicated in this document meet the G4 international standard, which sets a benchmark for all companies wishing to pursue continual improvement and

G4-17 G4-28 G4-30

58

transparent results. Every indicator reported can be identified in the document through a specific label added in the page edge. The following chapter includes the GRI content list, a summary where it is possible to consult the complete list of the indicators taken into account. The report includes all the activities carried out by La Sportiva at the production plant of Ziano di Fiemme (Trentino). The activities reported (i.e. the framework within which the analysis was carried out) take into account the production of footwear for the mountains, trekking, climbing, outdoor accessories, skimountaineering boots and summer/winter technical apparel. The data in the report refers to 2016. Where possible, the data from the three previous years is provided for comparison.

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SUSTAINABILITY REPORT

7.2 LIST OF GRI CONTENTS GRI INDEX “STANDARD GENERAL INFORMATIONS” GRI INDICATORS Statement from the Chairman (or of an equivalent senior member)

Sustainability according to La Sportiva

G4 - 3

Organisation’s name

Back cover

2

G4 - 4

Main brands, products and services

1.5 Products 1.6 La Sportiva brand stores

14 16

G4 - 5

Location of the organisation’s head office

Back cover 1.3 Head office of Ziano di Fiemme

2 12

G4 - 6

Countries where the organisation operates

2.3 International presence, markets served

24

G4 - 7

Nature of ownership and legal form

2.1 La Sportiva Group and the governance system

21

G4 - 8

Markets served

2.3 International presence, markets served

24

G4 - 9

Size of the organisation

2.1 An international company

21

G4 - 10

Characteristics of the workforce

4.1 Importance of collaborators

38

G4 - 11

% of employees with collective bargaining agreements

4.1 Importance of collaborators

38

G4 - 12

Supply chain of the organisation

3.3 Suppliers: sustainable vendor rating

33

G4 - 13

Significant changes in the structure, ownership or size in the organisation during the reference period.

In the reporting reference period there were no changes in the structure, size and ownership.

G4 - 17

Entities included in the report

7.1 Methodological notes

58

G4 - 18

Principles for defining the contents of the report

1.7 Stakeholders map 1.8 Materiality matrix

17 18

G4 - 19

Material aspects identified in defining the contents of the report

1.7 Stakeholders map 1.8 Materiality matrix

17 18

G4 - 20

Material aspects within the organisation

1.7 Stakeholders map 1.8 Materiality matrix

17 18

G4 - 21

Material aspects external to the organisation

1.7 Stakeholders map 1.8 Materiality matrix

17 18

G4 - 24

Group of stakeholders involved in the organisation

1.7 Stakeholders map 1.8 Materiality matrix

17 18

G4 - 28

Reporting period

7.1 Methodological notes

58

G4 - 30

Reporting frequency

7.1 Methodological notes

58

G4 - 31

Reference persons for information about the sustainability report

Back cover

2

G4 - 32

List of GRI contents

7.2 GRI Content Index

60

G4 - 33

External assurance

for this version of the Sustainability Report, no external assurance is provided for

GOVERNANCE

G4 - 34

Governance structure

2.1 La Sportiva Group and the governance system

21

INTEGRITY AND ETHICS

G4 - 56

Values, principles, standards and rules of conduct of the organisation

1.1 Mission and values

9

ORGANISATION PROFILE

ASPECTS AND CONTENTS OF IDENTIFYING MATERIALS

STAKEHOLDERS INVOLVED

REPORT PROFILE

60

PAG N°

G4 - 1

STRATEGY AND ANALYSIS

G4-32

CHAPTER/PARAGRAPH

7

-

-

GRI INDEX “STANDARD SPECIFIC INFORMATION” GRI INDICATORS

ECONOMIC ASPECTS

ENVIRONMENTAL ASPECTS

CHAPTER/PARAGRAPH

PAG N°

G4 - EC1

Direct economic value generated and distributed

2.4 Main economic results

G4 - EC4

Funds received from the Public Administration

In the reporting period no funds were received from the PA.

G4 - EC6

% of senior managers from the local community

2.1 La Sportiva Group and the governance system

21

G4 - EC7

Development and impact of investments in infrastructures and services

1.4 Val di Fiemme 4.4 Bond with the local area

13 44

G4 - EC9

% of spending concentrated on locally-based suppliers

3.3 Suppliers: sustainable vendor rating

33

G4 - EN1

Materials employed/production data

3.1 Production and processing waste

28

G4 - EN3

Energy consumption within the organisation/ Renewable sources

3.4 Renewable energy and sources

35

G4 - EN5

Energy intensity

3.4 Renewable energy and sources

35

G4 - EN8

Total water withdrawal

3.5 Water consumption

35

G4 - EN9

Water sources significantly involved in water withdrawal

3.5 Water consumption

35

G4 - EN10

Volume of water recycled/saved

3.5 Water consumption

35

G4 - EN11

Production sites in or near protected areas

1.4 Val di Fiemme

13

G4 - EN15

Direct emissions

3.6 Emissions and transport

36

G4 - EN17

Indirect emissions

3.6 Emissions and transport

36

G4 - EN23

Total weight of waste

3.2 Waste produced

32

G4 - EN27

Mitigation of the impact of products and services on the environment

3.1 Production and processing waste 3.2 Waste produced

28 32

G4 - EN29

Monetary value of significant fines and number of non-monetary sanctions for failure to comply with environmental regulations and laws.

No sanctions were imposed for environmental damage. In September 2016, the APPA of Trento (Provincial Environmental Protection Agency) applied a sanction of euro 258 for an irregularity in the documents, due to failure to report the existence of a generator, which was already in operation and in any case compliant with all legislative requirements.

G4 - EN30

Environmental impact regarding transport

3.6 Emissions and transport

36

G4 - EN32

Environmental assessment of suppliers

3.3 Suppliers: sustainable vendor rating

33

G4 - EN34

Complaints procedure

2.2 An integrated management system

22

24 -

-

61

SUSTAINABILITY REPORT

GRI INDEX “STANDARD SPECIFIC INFORMATIONS” GRI INDICATORS

SOCIAL ASPECTS

HUMAN RIGHTS

62

CHAPTER/PARAGRAPH

PAG N°

G4 - LA1

Number and rate of new recruitments and personnel turnover

4.1 Importance of collaborators

38

G4 - LA4

Minimum notice period for changes in the organisation

4.1 Importance of collaborators

38

G4 - LA6

Kind of injuries and injury rate in the workplace and working days missed

4.3 Safety and quality of the workplace

43

G4 - LA9

Average training hours per year per employee

4.2 Ongoing training

42

G4 - LA10

Compentence management program / continuous update

4.2 Ongoing training

42

G4 - LA12

Composition of company’s governing bodies and staff allocation based on diversity indicators

2.1 La Sportiva Group and the governance system 4.1 Importance of collaborators

21 38

G4 - LA13

Ratio between salaries for men and women

4.1 Importance of collaborators

38

G4 - LA14

Social assessment of suppliers

3.3 Suppliers: sustainable vendor rating

33

G4 - LA16

Number of complaints regarding workers’ conditions submitted

In the reporting period, no complaints were received.

-

Total number of episodes related to discriminatory practices and actions taken

No discriminatory practices were recorded.

-

G4-HR3

La Sportiva S.p.A. Via Ischia n°2 38030 Ziano di Fiemme (TN) Italy Tel. +39 0462 57080 Fax +39 0462 570810 E-mail lasportiva@lasportiva.com www.lasportiva.com