Stakeholders
Local Communities and Territories Disclosure 102-40, 413-1 Disclosure 103-1, 103-2, 103-3
To better understand the relationships that RadiciGroup builds with the communities where its businesses are based, here are some informative details:
RadiciGroup is a family-owned-and-operated business. Some members of the Radici family, including the shareholders, reside and are physically present in the areas where RadiciGroup was founded and operates,
all the historic RadiciGroup companies are located near urban areas, or are even part of the urban fabric itself. In some cases, the name of the place has become synonymous with the name of the company, and vice versa,
at the same time, many of these companies are also situated in mountain areas, or in close contact with rivers, woods, protected areas and cultivated fields,
an internal survey conducted regularly, most recently in 2019, found that about 80% of RadiciGroup Workers in Italy actually reside within a 20-km radius from the Group company where they work. Therefore, the Workers are residents of the host communities.
The identity of RadiciGroup has thus been profoundly shaped by its local roots. The result of a daily, mostly informal dialogue, this relationship is nourished by pragmatism and mutual respect. The same respect has distinguished RadiciGroup throughout its history of internationalization, playing out in its approach to cultural diversity that includes progressive integration and exchanges with foreign cultures. RadiciGroup’s contribution to local development can be measured not only in terms of economic growth, but also in terms of a production culture that its companies have spread throughout the world with their high health and safety standards. Furthermore, the Group supports many local social, cultural and sport organizations, mostly in medium-to-long projects, often aimed at youths. Disclosure 415-1
Although it maintains political neutrality and does not support any political party, RadiciGroup is constantly in contact with the local authorities in the areas where its companies are located and keeps up transparent collaborative relationships with them. Local communities show RadiciGroup their support and express their feelings of closeness in a variety of ways, also through their excellent attendance at public events organized by the Group. RadiciGroup can also take advantage of the manufacturing know-how that exists locally and can rely on the fact that the surrounding communities have always been characterized by an inclination for organizational and production flexibility. For a substantial portion of services, the Group uses local suppliers with whom it has established a relationship of trust and loyalty, as described in the section of the Report dedicated to the supply chain.
Logit and its engagement with the community A common trait shared by all RadiciGroup companies is the propensity to create strong relationships with host communities. For some years now, Logit Sro, the Group company operating in the Czech Republic, has also been supporting the local community through a foundation by the same name. The purpose of the Foundation is to support non-profit organizations and informal citizens’ initiatives working to improve the quality of life of the Podbořany region inhabitants. In 2020, Logit Sro showed its social commitment through the launch of initiatives focused on key social issues: child protection, education, sport and inclusiveness. In a year of lockdowns and social restrictions, children of all ages had to give up school and all moments of socialization. In this context, the Logit Sro Foundation launched several initiatives aimed at helping the youngest children to overcome pandemic anxiety: • a rehabilitative horse-therapy programme designed to stimulate the development of the emotional side of about thirty young children, • an after-school science learning course with games and experiments tailored to primary school pupils, • an initiative to support the local art and drama club in carrying on activities involving kindergarten and primary school children. Sport disciplines also received special attention, in keeping with the Group policy that has always supported sports in general. The Foundation donated uniforms and sports equipment for training and competition to the local football teams, including a total of thirty-six children aged between six and twelve. Finally, Logit promoted an event to mark the recovery after the first Covid-19 wave: a fishing competition involving some eighty-five children, an initiative that is set to be repeated in the future, given the remarkable success of the 2020 edition.
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