Our commitment to sustainability
The 24 ORE Group, true to its mission, has long made a commitment to fostering the growth of our Country's cultural and social values.
Heightening awareness of ESG topics and triggering tangible actions that foster authentic sustainable development are topics covered daily in our Group's media and through our initiatives to enlighten and keep citizens, professionals, businesses, and institutions current.
Complementing our informational and educational initiatives, the 24 ORE Group is committed to adopting internal best practices that encourage sustainable socio-economic growth: on January 31, 2023, it approved the first ESG plan in its history and established the Innovation and Sustainability General Management to implement it. The plan is underpinned by two strategic directions: digital transformation and people-centric focus, which are also the core elements of the Group's 2023-2026 Business Plan.
The 24 ORE Group has also adopted a Code of Ethics that has the goal to define and communicate to its own recipients the values and the rules of behaviour binding on such subjects during the performance of their duties and within the relationship with the subjects related to the Group, aimed to the maximum extent of compliance with the law and to the maximum cooperation with the Public Administration, the Judicial Authority and the Supervisory Authorities, as well as to the transparency vis-à-vis the market.
The path marked by social sustainability began from the very day the current Board of Directors took office - 27 April 2022 - with the establishment of the ESG and Technological Innovation Committee chaired by Claudia Parzani, Vice Chair of the 24 ORE Group.
With the CESGIT - among the various initiatives - it has been established a new set of hiring rules that prioritizes diversity - particularly focusing on women and young individuals with current technological and digital innovation skills - given equal skills.
On December 21, 2022, the process to obtain the "certification of gender equality" of the 24 ORE Group was concluded, with the pride of being the first media company in Italy and therefore the leader for companies in the sector, a starting point to track progress and adherence to the core values of diversity & inclusion. In line with this, the 24 ORE Group has joined ValoreD and promotes on a recurring basis a series of internal meetings targeting the entire company population to promote awareness on matters of diversity, equality, and inclusion.
Concurrently, it has been initiated a social agenda addressed to employees, implementing a series of corporate welfare measures aimed at corporate welfare which include for example a contribution for employees towards daycare fees for each new baby, household utilities, and sustainable mobility.
This effort is further supplemented by a series of discounts and allowances provided for our employees' children to support their education.
The 24 ORE Group has also promoted social and sports initiatives for charitable purposes in the area - CORRI BICOCCA, MARATONA DI ROMA e MILANO - with the intent of bolstering a sense of teamwork and company value alignment among our people.
The Group has then focused on skill enhancement, implementing an internal training plan spanning all departments and editorial offices. This initiative is designed to equip our teams with the necessary skills to confront future challenges imposed by the new frontiers of technology and transformation.
On the environmental sustainability front, since the first months of 2021 24 ORE Group has moved its headquarters in viale Sarca 223 in Milano, a LEED GOLD-certified premise with high standards of energy conservation and low environmental impact (rooftop photovoltaic panels, electric car charging stations, photovoltaic benches, transition to purchasing 100% certified renewable energy). In the new Headquarter it has been implemented an additional energy-saving plan includes doubling the photovoltaic system, adjusting the winter/summer temperature setpoint, and installing more motion sensors in all open areas for improved light switching efficiency.
Specifically, for the first time in Milan it has been employed a photocatalytic product for cleaning the windows of our all-glass building. This allows to clean a 5,000 sqm surface just once every 3 years, rather than twice annually - a significant saving with substantial benefits for the external environment. Indeed, the use on the building equates to a reduction of about 1,250 kg of nitrogen oxide (NOx) in air pollution. This is equivalent to removing 900 petrol cars from the roads or planting an additional 1,900 trees.