The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries, all declaring themselves willing and able to achieve these goals together by 2030.

The 17 goals can be grouped in 5Ps, which have a deep meaning for us in CEPI and which therefore became the reference framework in our Ethics Code:

People Heart of technology: we didn’t choose this tagline at random. Not only are people the driving force of CEPI, they are above all its heart. Giving back is the founding value of our work, and translates into a concrete effort to leave a positive trace in the communities and territories we work with, protecting the dignity, equality and economic well-being of all the people involved and guaranteeing them care, listening and support

Planet We have been called custodians of raw materials, and it is a title we take quite seriously. We are committed to creating systems that preserve the properties of food with the same care with which we choose the materials useful for our production and with which we protect the resources of our territory, which nourishes all of us and which we intend to nourish in turn. Environmental sustainability has always been a fundamental factor in our choices, and we are committed to implementing all the processes necessary to ensure that our technologies and services protect the planet’s natural resources and future generations

Partnership Lasting relationships for lasting projects. It is not only our machines that have a long life, but also the relationships we establish with employees, customers, suppliers, and all the social partners affected by our work. Our goal is to create strong bonds such as those made daily in our workshop, imbued with mutual trust and transparency, and based on a shared sense of responsibility and the desire to build together

Prosperity To us, prosperity means possibility. To build is our job and it is this knowledge that allows us to imagine a fair and safe future for everyone. It is our deep conviction that this planet is rich in resources and opportunities that must be accessible to all, and that it is our duty to contribute to the equality of human beings regardless of gender, race, color, religion, disability, nationality, sexual orientation, or any other characteristic that gives rise to discriminatory attitudes

Peace A family-run company, yes, but with an international outlook. The emigration roots that are part of CEPI’s history have always naturally prompted us to look beyond national borders, and to create relationships based in collaboration, understanding and mutual growth with the countless partners we have cultivated on the five continents. CEPI wants to continue to promote integration, inclusivity and diversity in the deep conviction that peaceful relationships and mutual respect are key elements not only for the development of our company, but for the future we are all trying to build together

We have carried out an assessment with Warrant Garden and Studio Fieschi in regards to Environmental, Social, and Governance areas and further a materiality assessment according to GRI (Global Reporting Initiative) standards, in order to identify the most relevant topics for our stakeholders. We have also carried an assessment on the circularity of our installations, which you can read about in the next section.

The assessment of our performance found us especially strong in terms of the following goals:

The assessment found that:

4 QUALITY EDUCATION CEPI places great value on training, both internally through the provision of training activities for employees and through collaborations with local schools and educational institutions, leading to many apprentships and hiring opportunities for students.

5 GENDER EQUALITY There are women in top management positions and there is no discrimination whatsoever against the female gender. Furthermore, CEPI runs a parallel benefits program for their female employees in order to support them in conciliating between work and personal life.

7 AFFORDABLE AND CLEAN ENERGY CEPI produces energy from renewable sources. The headquarters are a high efficiency building equipped with a 430 kw/h solar system and is ready for connection to district heating.

8 DECENT WORK AND ECONOMIC GROWTH CEPI’s headquarters is a high energy class building, with the factory in class D and offices in class A. With regards to production processes, great attention is paid to sustainability, to maintaining a low impact on the environment and to the health of workers. For example, pickling is avoided in favor of brushing, which costs more but reduces pollution and makes the work environment healthier. The issues of decent work and the right to work are completely in line with the corporate vision of CEPI, which is also very active on a social level and has hired many people from various fragile groups into the company

9 INDUSTRY, INNOVATION AND INFRASTRUCTURE CEPI is already engaged in activities and initiatives that pertain to 9.2 target (inclusive and sustainable industrialization), particularly in regards to inclusion towards employees. CEPI shows that they are committed to protecting diversity in the workplace. They also give great importance to flexible working practices, to support employees in managing their home-work balance. Sustainable and inclusive industrialization is also pursued by choosing reliable suppliers as close as possible to the CEPI headquarters. The construction of the new headquaters fully meets the 9.4 target (upgrade infrastructure and retrofit industries to make them sustainable).

12 RESPONSIBLE CONSUMPTION AND PRODUCTION CEPI’s main material is stainless steel which is highly recyclable. CEPI has always designed their systems to be easily repairable and modifiable over the years. Customer revamping activities are frequent. There is also attention to the reduction, reuse and recycling of packaging.

16 PEACE JUSTICE AND STRONG INSTITUTIONS CEPI is in the process of developing an official Social and Environmental Responsibility Policy, including a section dedicated to legality.

What is meant by materiality? According to the GRI, materiality represents the threshold where a sustainability topic becomes meaningful for the company and its stakeholders, and therefore must be managed responsibly and included in the sustainability reports. A materiality analysis is therefore carried out by:

• identifying priority issues for the company through the involvement of senior management
• identifying priority issues for stakeholders through the analysis of documentation relating to corporate stakeholders, their point of view on sustainability and their expectations in this area
• The materiality matrix is thus represented by a graph that shows the position of the most relevant sustainability issues, from the point of view of the company (Y axis) and of the stakeholders (X axis).

The topics in consideration in our materiality assessment were:

• Company’s value and solidity
• Business Integrity
• Product quality and sustainability
• Research, development and technological innovation
• Environmental Protection
• Sustainable supply chain
• Welfare of workers
• Human rights
• Customer satisfaction
• Relations with the local community
• Gender equality

And this is how our materiality matrix looks like:

We are developing our Sustainability Strategy and our Social and Environmental Responsibility Policy on the basis of this matrix, and we are committing to keep vigilant and improve where necessary on all areas that are significant to us and our stakeholders. We further commit to:

• establish strategic objectives for innovation, production, operations, management, economic and financial planning introduce specific procedures and actions to facilitate the implementation of this policy
• continuously evaluate the performance of our strategy and improve it as needed
• produce an annual sustainability report that examines our performance
• keep ourselves updated on all legal requirements and acquire all necessary certifications to support our claims
• encourage our business partners to implement a sustainability policy
• encourage our staff to pay attention to how their actions in the course of their work affect the environment and society