Ariston Group, among the global leaders in sustainable thermal comfort, presents its ESG vision and goals to 2030 within Road to 100, a strategic plan manifesto of the group’s commitment to sustainability.
The thermal comfort industry is at the heart of the energy transition: buildings account for nearly one third of global final energy consumption and, more specifically in Europe, in the residential sector, 62.8% of the energy consumption stems from space heating and 15.1% from water heating.
Within this scenario, Ariston Group, which operates in the industry exceeding 3 billion euros in revenue[2], plans its future by striving to fully integrate sustainability into its corporate strategy and defines a path of activities and initiatives aimed at achieving concrete yet ambitious sustainability targets.
“As a company, we feel a strong responsibility to address the great challenges of our time head on. The 100th anniversary of Ariston Group occurs in conjunction with the terms of the 2030 Agenda for Sustainable Development, and we look at this milestone as an opportunity to reaffirm the role we want to play in actively contributing to the sustainability of future economic, social and environmental ecosystems. We work to create long-term value for our stakeholders, while committing every day to link our sustainable growth to the future of the Planet.” – said Paolo Merloni, Executive Chairman of Ariston Group.
THE 5 ENGAGEMENT AREAS
Road to 100 results from a structured process that involved the group’s main internal and external stakeholders in identifying five different areas of engagement:
- Solutions;
- Operations;
- People & Communities;
- Customers;
- Governance.
These five areas translate into ESG commitments the group’s five corporate values: Believe in sustainability; Inspire through excellence; People come first; Start from customers; Act with integrity.
To reduce its carbon footprint, Ariston Group sets specific goals: achieving the ultimate objective of 100 million tons of CO2e emissions avoided by 2030 thanks to its renewable and high-efficiency solutions sold, abating by 42% its Scope 1 and Scope 2 emissions, and reducing by more than 50% its Scope 3 emissions per million euro of value added.
As 98.25% of its CO2e footprint is associated with the emissions produced by the use that households and businesses make of its sold products, Ariston Group continues to invest in technological innovation to expand its range of renewable and high-efficiency smart Solutions and make available to its customers state-of-the-art heat pumps with natural refrigerants, hybrid and hydrogen products, and cutting-edge technologies such as Demand Response and Home Energy Management.
In the meanwhile, Ariston Group works to mitigate the impact of its Operations by enhancing resources productivity, progressively implementing a circular approach, as well as engaging responsibly with its supply chain.
Ariston Group’s pledge to sustainability also encompasses the social sphere. The group takes excellent care of its People and the Communities it operates in, and undertakes to ensure a sustainable working environment to all its employees worldwide and to raise global awareness on the importance of thermal comfort for a sustainable living.
At the same time, being able to anticipate its Customers’ needs remains at the core of the Ariston Group’s efforts: guaranteeing maximum proximity while providing professionals and consumers with trustworthy quality products are confirmed as the key pillars of Ariston Group’s serving policy.
Eventually, Governance is considered as a fundamental business longevity enabler and Ariston Group focuses on adhering to the highest standards and best practices, to continue to make progress in diversity, pay equity, risk management, tax strategy and business conduct.
SUSTAINABILITY AS A BRIDGE TO THE FUTURE
Sustainability, in its broader sense, is inscribed in Ariston Group’s DNA and rooted in the culture of founder Aristide Merloni, who believed that there is no value in the economic success of any industrial initiative unless it is accompanied by a commitment to social progress.
In 1979, Ariston Group was the first company in Italy to release a Social Report, published by the Battelle Centre de Recherche de Geneve: a document reporting on the company’s social and sustainability performance towards its employees, consumers, local communities, and other partners.
From over 15 years, Ariston Group’s vision has been “Sustainable Comfort for Everyone” and in 2018 the group began to consolidate and publish its non-financial results on a voluntary basis.
From 2021 onwards, as a listed company, Ariston Group has increasingly sharpened its commitment to sustainability.
With Road to 100, its strategic manifesto, today Ariston Group renews its ambitions and further refines its objectives to project bridges towards its future.
