ELVIAL publishes its Sustainability Report for the 2023–2024 period, implementing for the first time Double Materiality Assessment and developing a comprehensive ESG Strategy that clearly outlines the company’s priorities and strategic directions for the years ahead.
The publication of the Report marks a substantial step forward in the further integration of ESG principles into ELVIAL’s strategy and operations. Based on the outcomes of the Double Materiality Assessment, the Report defines specific objectives and actions and has been prepared in accordance with the requirements of the European ESRS standards.
The implementation of the Double Materiality Assessment transparently captures the material sustainability topics identified and assessed by ELVIAL, both in terms of the impacts of its business activities on the environment and society, as well as the risks and opportunities arising from the external environment that may affect its financial performance.
More specifically, within the Environmental pillar, ELVIAL reports measurable results that reflect its strategic commitment to reducing its environmental footprint and improving the efficient use of natural resources. In 2024, the company achieved a 19% overall integration of recycled content across the materials used in its production processes, a 23% reduction in greenhouse gas (GHG) emissions intensity compared to 2023, a 1.1% reduction in energy intensity, and a 10% reduction in water consumption, confirming its systematic approach to the continuous improvement of its environmental performance.
Within the Social pillar, through which ELVIAL has consistently invested in people and society, social investments amounting to approximately half a million euros were implemented, while 100% of employees received training on Health and Safety matters. At the same time, a 10% increase in the workforce was recorded in 2024, strengthening organizational growth and the creation of high-quality jobs.
The Governance pillar serves as the foundation for the credibility and transparency of ELVIAL’s ESG approach. During the reporting period, the company developed a comprehensive ESG Strategy, recorded zero incidents of non-compliance or imposed fines, as well as zero whistleblowing reports. At the same time, the representation of women at 60% of the Board of Directors demonstrates ELVIAL’s tangible commitment to inclusion and diversity in decision-making.
The Sustainability Report 2023–2024 demonstrates in practice that sustainability for ELVIAL is a continuous and strategic investment. Through targeted initiatives across the entire ESG spectrum — from reducing environmental impact and responsibly managing resources, to empowering human capital and ensuring transparent corporate governance — ELVIAL embeds sustainability at the core
of its operations, strengthening its long-term resilience and competitiveness while creating value for the economy, society, and the environment.
