SUSTAINABILITY REPORT 2021

VISION

“Discovering new solutions and new markets, providing superlative skills to help our customers improve people’s quality of life”.

We’re a leading Italian group with a long history of success in meeting people’s needs and providing long-term value for all stakeholders. We’re constantly on the lookout for new markets, our goal being to set the standard in every one of our business areas.

MISSION

“Creating value over time”

Every day, this is the spirit that – through product innovation and process evolution – drives us towards future achievements as we seek new benefits for consumers. Our quest for excellence is ceaseless and systematic. Since 1932 we’ve followed the principle of continuous improvement, creating value and well-being in every business, every day. Key mission-compatible growth drivers include an ability to anticipate market needs, create tangible benefits and the courage to invest in the future.

Cefla pursues its Mission of continuous improvement by relying on solid values:

TOGETHERNESS
Cefla has believed in the power of working together for over 90 years. For Cefla, development can only occur where business, sustainability, quality of life and environmental protection co-exist harmoniously.

PASSION
People are Cefla’s greatest resource. Every day, their passion and skill helps build the future.

TIES WITH THE LOCAL COMMUNITY
For Cefla, close links with its origins and proximity to the markets where it operates are fundamental.

“Making Your Life Better” is a promise that means improving people’s lives, getting involved with the way they think.

“Making” refers to an innate capacity of Cefla, a manufacturing tradition that has been with us for decades.

“Making” also means “rendering”, that is, transforming one thing into another. So, Cefla both “makes something” and simultaneously “makes it something else”.

“Your Life” refers to every one of our stakeholders’ lives, especially the final consumers’. We speak to them directly, creating close relationships that are strengthened every day.

“Better” is the effect these relationships aim to generate: improving people’s lives in various ways by providing products that truly make a difference.

Highlights

hightlight2 | Cefla

1,638

Cefla employees in 2021

90

years of Cefla history
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Organisation of a

VACCINATION HUB

to vaccinate employees against Covid-19
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Appointment of a

SUSTAINABILITY MANAGER

and the establishment an ESG-focused model
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7,186 Gj

of self-produced energy in 2021 via photovoltaic and cogeneration systems
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Almost

€ 9.5 M

invested in R&D
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An increase of

8%

in ECONOMIC VALUE CREATED (compared to 2020)
orientamento | Cefla

STRIVING FOR SUSTAINABILITY

As a cooperative, one of Cefla’s key goals is to ensure the company is handed over securely to future generations.

A key Cefla hallmark is economic sustainability: the statute states, in fact, that at least 50% of balance sheet profits must be ploughed back into the company, a reliable way of steadily increasing the enterprise’s net assets in keeping with its mission of creating value over time.

Furthermore, all working capital is financed by its own capital: this entails a total absence of financial charges on the income statement, allowing the organisation to make investments with extraordinary profitability. Another distinguishing Cefla characteristic is diversification of both businesses and markets.

Sustainability is a goal of ever-increasing importance, one that Cefla aims to achieve by integrating the logic, content and tools that are vital to corporate and organizational procedures. Cefla has, in fact, nominated an internal Sustainability Manager and a Sustainability Team, a group coordinated by the Sustainability Manager that specifically pursues ESG goals.

DOWNLOAD THE SUSTAINABILITY REPORT (italian version)

INNOVATION, RESEARCH & DEVELOPMENT

At Cefla, innovation is seen as a crucial value generator and vital to long-term competitiveness.

Patents
2019 2020 2021
Engineering 2 2 2
Finishing 274 314 355
Medical Equipment
315 326 318
Lighting 27 42 62
Shopfitting 8 8 /
TOTAL TECHNICAL PATENTS 715 888 737
TOTAL DESIGN PATENTS 109 111 133
TOTAL PATENTS 824 919 870

HUMAN RESOURCES

Attention to our people, their training and professional growth, wage strategies and a sharp focus on involvement were all deemed to be essential when Cefla’s HR policy was defined and updated.

On 31st December 2021, the Cefla Group workforce consisted of 1,638 employees. In 2021 approximately 79% of the company workforce was male: this is in line with gender distribution averages in the industries in which Cefla operates, where men are traditionally employed to a greater extent than women. Moreover, more than 87% of all personnel (1,428 employees) work in Italy.

  • total number of employees: 1638
  • employees worldwide : 210
  • employees with indefinite-term contracts: 1619
  • employees by gender: : 79% men - 21% women

INTERNAL MANAGEMENT, COMPANY WELFARE

The Group believes that investing in personnel-focused work-life balance and welfare policies to be crucial: not just in terms of corporate social responsibility but also with a view to strengthening the link between employer and employees, enabling the latter to perform their professions while ensuring maximum productivity.

FULL-TIME WORKERS WELFARE INITIATIVES
2020 2021
Life insurance 151 147
Health assistance 274 314
Invalidity/disability coverage 315 326
Maternity/paternity leave 27 42
Pension policies 8 8

ENVIRONMENTAL RESPONSIBILITY

Cefla S.C. prioritises respect for the environment and energy savings. Hence its pursuit of key goals, such as:

  • Compliance with the laws and regulations in force at national
  • regional and local level
  • and observance of commitments undertaken with the relative parties.
  • Less energy consumption
  • Safeguarding the environment and preventing environmental accidents
  • Lower environmental impact

CREATING VALUE WITHIN THE LOCAL COMMUNITY

Economic value generated and distributed are key items on the income statement as they highlight the value created by the organisation as a result of its daily operations.

Economic value generated in 2021 came to 573,803 million euro, an increase of 8% compared to the previous year.