Wednesday 16 October 2024

Cimbali Group unveils its 2023 Sustainability Report “Our Blend for the Future” highlighting the company’s commitment to ESGs

Sustainability has become increasingly integral to Cimbali Group's way of being, thinking, and acting, with its blend for the future enriched with new ingredients and aromas. The company's horizon of responsibility has expanded: considering the impacts across the entire value chain, placing even more emphasis on people and the commitment to spreading culture; and establishing a governance model that ensures adherence to ESG principles at all levels

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BINASCO, Italy  – Cimbali Group, leading Italian manufacturer of professional espresso machines, unveils its new 2023 Sustainability Report, “Our Blend for the Future”. This report highlights the company’s commitment to transparency and its efforts to improve environmental, social, and governance (ESG) performance, aligning with the Corporate Sustainability Reporting Directive (CSRD).

“Our Blend for the Future”

Sustainability has become increasingly integral to Cimbali Group’s way of being, thinking, and acting, with its blend for the future enriched with new ingredients and aromas. The company’s horizon of responsibility has expanded: considering the impacts across the entire value chain, placing even more emphasis on people and the commitment to spreading culture; and establishing a governance model that ensures adherence to ESG principles at all levels.

cimbali
“Our blend for the future” (image provided)

This report represents a significant milestone in a journey that began over three years ago, first introduced during the HOST 2023 event, where the company showcased its commitment to sustainability alongside its initial actions.

These are the pillars of a forward-looking strategy with ambitious goals, to be achieved through incremental steps, monitoring every development—much like perfecting a coffee blend day by day.

Ethics and sustainability governance: “Our Blend in Everything”

Cimbali Group has established a robust governance model that prioritises diversity, independence, and transparent communication. With 33% of its Board of Directors composed of women, zero reports through whistleblowing channels, and 95 employees trained in anti-corruption practices, the company underscores its commitment to integrity and responsible management.

Cimbali Group People & Culture: “Our Blend to Everyone”

At the heart of Cimbali Group’s vision are its people. The company has developed policies to foster inclusivity, diversity, and employee well-being. The company employs over 800 people worldwide, with 37% of new hires in 2023 being women, and has provided more than 10,500 hours of training.

  • La Cimbali

Sustainability of the Value Chain: “Our Blend Everywhere”

Cimbali Group’s approach to sustainability extends across its entire value chain, from sourcing to product design and energy use. The Group has embraced circular economy principles and increased its use of renewable energy, with 54% of its electricity consumption derived from renewable sources, 7% of which is self-produced. Additionally, 50% of its product range has been analysed through Life Cycle Assessment (LCA) studies.

Maurizio Cimbali, President of Cimbali Group, commented: “In today’s world, it is imperative for companies to be fully aware of the impact of their activities on the environment and society. Cimbali Group is ready to embrace this challenge, demonstrated by our growing commitment to integrating sustainability into our actions and business processes. Sustainability is a key pillar of our current and future growth strategy, guiding us in generating increasing value for the environment, our communities, and the broader ecosystem”.

For further details, the full 2023 Sustainability Report is available here

CIMBALI

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