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Sustainability Report

Sustainability report 2023 worldwide

This year, to add a further milestone to its sustainability journey, Mapei presents its second Sustainability Report with a global scope continuing its journey to share the results achieved in the field of sustainability by maintaining direct and transparent communication with its stakeholders as regards the activities undertaken to monitor and reduce the impact of production processes and products on the environment, promoting the activities of its employees and supporting local communities to achieve satisfying economic results.

Letter to the stakeholders

 

gsquinzi
2023 was a complex year, during which unexpected events occurred that are still influencing economic and political balances around the world. It was also the year in which the UN climate change conference, COP28, reached an agreement to transition away from fossil fuels by 2050.

In this situation of great change and widespread uncertainty, we have all endeavoured to ensure that Mapei remains a strong point in the building sector by exploiting our great experience, the long history we have behind us and our constant commitment to research, which has always been aimed at improving the results achieved and seeking new innovative and sustainable solutions.

Sustainability is one of the pillars on which Mapei is founded. A value that integrates the environmental, social and economic dimensions in a synergetic and virtuous manner, inextricably linked with our way of interacting with communities and people in all the 57 countries of the world where we are present.

For Mapei, the road to sustainability passes first and foremost through research.

We work to offer the construction world innovative high-quality solutions, that can increase the durability of buildings and reduce maintenance, leading to significant savings in all waste recovery and disposal processes and in energy consumption. This is why we measure the impacts that products have on the environment throughout their life cycle using the Life Cycle Assessment (LCA) methodology with the aim of reducing them, through research and development work, while maintaining quality and durability.

This has allowed us to be, once again, pioneers in our sector and to be the first to propose the Zero Line, a product line whose residual CO2 emissions are totally offset through the acquisition of certified environmental credits to promote and encourage the implementation of reforestation and biodiversity protection projects.


By 2023, we have offset 67 products including building concrete, waterproofers, paints, products for cleaning and installing ceramics and stone. A number that will grow over time and will involve comprehensive installation systems, with the desire to steer the market towards more ethical and aware practices.

Convinced that only by teaming up with all the players in the supply chain will it be possible to achieve the common goal of decarbonisation and reduction of CO2 emissions, we source from local suppliers, with the intention of favouring the creation of value for the surrounding area, limiting environmental impacts as much as possible.

We have also further reduced emissions related to the production process by continuing our global investment plan for the installation of photovoltaic systems for self-generation of electricity, avoiding the emission of around 1,400 tonnes of CO2 into the atmosphere during 2023.

This year we continued on the path of growth. Growth that took place in a healthy and balanced manner, in the conviction that profit must go hand in hand with ethics, respect for people and the creation of value for the territory.

Worldwide, our employees number is about 12,500, and they are the driving force behind every success we achieve. We are proud to guarantee each and every one of them fair professional development based solely on merit..

A commitment that we also strongly wished to formalise in the new version of the Group's Code of Ethics, which confirms and deepens Mapei's desire to guarantee respect for human rights, workers' conditions and the principles of equal opportunities, diversity and inclusion in all its activities.

Passion, tenacity, commitment to keep growing and improving are the values that we share with the world of culture and sport.

That is why we continue to support athletes around the world in a wide variety of sports, from cycling to football, from basketball to ocean sailing, and cultural institutions active in various fields from music to art and design.

In this way, we contribute to the development of communities, which we also support with solidarity and charity initiatives, looking towards the future and the new generations.

Because this is also part of our understanding of sustainability.

Veronica & Marco Squinzi

Corporate CEOs

Sustainability figures

All numbers refer to worldwide scope
ico-30-milioni

3.900

Million euros distributed to
stakeholders in 2023
ico-30-milioni

63

Million euros
invested in
R&D1 in 2023
ico-21291-compensazione

Extension of the CO2 offsetting project to all group subsidiaries: 67 products offset through the purchase of certified credits totalling 80,000 tonnes of CO2

ico-30-milioni

52.609

Hours of technical
training
ico-30-milioni

290.000

Partecipants in 2023
ico-30-milioni

286.000

Total employee training hours
(approx. 23 per-capita hours)
ico-30-milioni

94%

Purchased products (in weight) sourced
from local suppliers2 in 2023
ico-30-milioni

12.317

Employees in 20233
sistemi-fotovoltaici

1.400

Tonnes of CO2 avoided through the installation of photovoltaic systems
ico-30-milioni

21%

Hiring rate in 2023
ico-30-milioni

14%

Termination rate
in 2023
ico-30-milioni

93%

Employees with a permanent
contract
ico-30-milioni

37.6

Million contributions invested in sports, cultural and social initiatives4

1. The figure includes costs borne by all Mapei Group companies.

2. Local suppliers are defined as suppliers located in the same geographical area as the relevant subsidiaries: Italy, Africa, Latin America, Asia, Western Europe, Eastern Europe, the Middle East, North America and Oceania.

3. It should be noted that this number differs from the number published in the 2023 Consolidated Financial Statements (12,453) as these are values in headcount instead of FTE and do not include temporary workers.

4. It should be noted that the value reported here includes €23.4 million allocated by the Mapei Group companies to U.S. Sassuolo Calcio for its activities.

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