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Sustainability Report • 2021
Local areas
Sustainability Report • 2021
Local areas
Taking
care.
A synergy made of thought and action, where the goal is the wellbeing of local communities in the areas where we operate, and beyond. Support and development, growth and equality, inclusion and sustainability: these are the keywords of all projects and initiatives.
0
million €
Economic value distributed
0
Trees planted in the Brembo Forest
0
Action areas for social projects
0
M+
€ Contribution to the scientific community and intensive care departments to combat Covid-19
Economic value distributed
Brembo has contributed to strengthening the entrepreneurial fabric in its value chain, creating a network of satellite companies that guarantees additional employment and technological development. In fact, in 2021, much of the wealth distributed by Brembo went towards remunerating and supporting the system of businesses in the supply chains.
Value generated
| Table Header | Table Header | Table Header | Table Header |
|---|---|---|---|
|
|
2019 |
2020 |
2021 |
|
Economic value generated |
2,687,122 |
2,276,003 |
2,887,840 |
|
Economic value distributed |
2,338,379 |
1,985,387 |
2,539,452 |
|
Suppliers |
1,683,433 |
1,448,583 |
1,828,581 |
|
Brembo People* |
465,696 |
425,029 |
506,617 |
|
Investors and lenders |
124,495 |
53,235 |
138,229 |
|
Public Administration |
62,977 |
55,755 |
64,312 |
|
Gifts and sponsorships |
1,778 |
2,785 |
1,713 |
|
Economic value retained |
348,743 |
290,616 |
348,388 |
* The item “Economic value distributed to Brembo People” includes the costs of Brembo’s employed personnel and temporaries.
Social and cultural development of local communities
Over the years, Brembo has established close ties to the local areas where it is present, paying attention to the needs they express, and defining a path of joint development and growth, which leads the Group to provide tangible support to numerous projects and initiatives in favour of local communities in the areas of greatest social needs.
In particular, in 2021 the Group supported initiatives in six areas of intervention viewed as priorities by Brembo:
- Social area and children protection
- Education, training and research
- Art and culture
- Sport
- Environment and sustainability
- Brembo’s social projects worldwide
Local managers
A further sign of Brembo’s commitment to developing an organisation that is as multicultural and as aware of local issues as possible, as well as deeply-rooted on the local territory, starting with the managerial team, is that the clear majority of local managers at all Group Companies comes from the local area: out of 558 Brembo managers in the different countries, 91% were born in the country where they are working.