LATI Sustainability Report 2021: Innovations, Results, and Objectives

LATI’s 2021 Sustainability Report provides a detailed overview of the company’s developments and commitments in sustainability. This approximately 200-page document outlines progress in three fundamental areas: People, Planet, and Profit. A tangible commitment that highlights LATI’s integrated approach to sustainability in an increasingly demanding economic and social context.

People: Safety, Training, and Well-being

In 2021, LATI recorded a significant improvement in workplace safety rates. The accident rate decreased by over two percentage points, from 4.53 to 2.84, thanks to continuous commitment to prevention and training activities. The company’s training plan delivered 6,915 hours of training, divided into various areas, including:

• Sustainability: 308 hours
• Compliance and Regulations: 118 hours
• Languages: 1,258.5 hours
• Health and Safety: 1,922 hours
• Technical (Data Science, IT): 1,209 hours

The per capita training was 28.6 hours, confirming the ongoing commitment to ensuring professional growth and employee well-being. A further step forward was made with the confirmation of smart working and the expansion of corporate welfare initiatives.

Planet: Environmental Commitment and Energy Transition

LATI has made significant progress in reducing environmental impact. The purchase of certified 100% green energy has contributed to reducing CO2 emissions by -61.17% (compared to 2020), achieving the goal of reducing emissions by 50% by 2025 three years ahead of schedule. Additionally, a new photovoltaic system was activated, which allowed for a reduction in production of about 30 tons of CO2. This investment in renewable energy represents a fundamental part of the sustainability plan, which also includes consumption optimization through energy monitoring and control.

In 2021, LATI also launched the LATIECO family, a product line that includes polymers obtained from recycled materials, demonstrating the company’s commitment to creating sustainable solutions without compromising quality.

Profit: Sustainable Growth and Resilience

LATI recorded a significant increase in sales volumes, with solid revenue growth and an improved product mix. The adopted strategies, including more efficient logistics management and production allocation, have contributed to optimizing production capacity, strengthening the company’s economic sustainability. The adoption of green ESG-linked financing by EcoVadis has also consolidated LATI’s position as a market leader.

The Future: Sustainability as a Strategic Pillar

LATI continues to invest in sustainability, with plans for redevelopment of its sites and a growing commitment to energy efficiency and digitalization. The transition to a Benefit Corporation planned for next year represents the final step in a journey oriented towards adopting increasingly responsible and sustainable business practices. This approach is not just a response to global challenges, but a fundamental value that guides LATI towards a greener, more ethical, and innovative future.

Conclusions and Future Prospects

LATI’s 2021 Sustainability Report has undergone Limited Assurance, demonstrating transparency and reliability in sharing the results achieved. The company’s commitment is set to grow in the coming years, with investments focused on product sustainability, production processes, and the quality of life of its employees.

To learn more about LATI’s sustainable strategies and download the 2021 Sustainability Report, visit our dedicated page.

FAQ – Frequently Asked Questions

1. What is LATI’s goal for reducing CO2 emissions?
   LATI reduced its CO2 emissions by 61.17% in 2021, exceeding its target of 50% reduction by 2025.
2. What does the LATIECO product line include?
   LATIECO includes products obtained from recycled materials, both mechanically and chemically, including self-extinguishing polymers and materials for 3D printing.
3. How does LATI support the well-being of its employees?
   LATI offers continuous training and promotes smart working and numerous welfare initiatives to improve the quality of work life.