The corporate responsibility and sustainability of FOMAS Group translates into taking care of its relationship with the local communities it liaises with, recognising their importance in benefiting the territory and achieving shared environmental goals.
The pillars of the social strategy
Inspired by our values and DNA, we carried out research to understand the needs and requirements of the communities. In this way, five areas of strategic relevance and intervention have been identified for the progress and growth of the territory:
It encompasses all initiatives aimed at health (prevention, accessibility of services, research), development and direct support of communities in need (people with disabilities, women and children in difficulty).
It refers to the local cultural commitments, such as the promotion of local cultural sites and the arts in general.
It encourages sports activities and events by promoting the values of teamwork and sharing.
It pools all projects in collaboration with schools and universities aimed at research and training.
It focus on environmental sustainability (e.g. carbon footprint reduction, waste management) in the key areas where Group's plants are located.
Strategy and Corporate Citizenship
We operate world-wide, always striving for the best quality and the greatest possible result. However, our work does not stop at product and service: we are committed to providing and promoting positive change in the territories we work in. We have defined the Corporate Citizenship Policy to clearly and transparently outline best practices and social responsibility towards our stakeholders.
Taking the 5 pillars of the social strategy as a benchmark, and proposing new internal strategies for continuous improvement towards a more structured approach, we have defined the Annual Plan of Sponsorship Projects and the corresponding financial commitment (budget). The criterion for the allocation of sponsorships and donations are linked to our corporate values and the positive impact they have on the region.
Future Objectives
We have implemented a process for monitoring, evaluating and reviewing activities with an impact on local communities to ensure responsible involvement.
The communication strategy will be the focus of new investments:
Lastly, new policies have been implemented on impactful team building to foster community involvement and on organisational management of sustainable events to promote eco-friendly and inclusive practices.