The eco-social dimension

Our local to local philosophy has a strong economic and social impact, leading over time to a strong and integrated organisational structure. Our suppliers are selected according to the principles of the Carraro Code of Ethics, which provides for loyalty, professional rigour, integrity and respect for the environment, human rights and workers' rights.

Impact on the local area

The main contribution to the development of the local area is represented by the recruitment of local staff, which constitutes the majority of the workforce both in terms of the operational and organisational roles of each of our sites. 

Our industrial sites lead to a series of significant effects, in particular with regard to: 

  • Local workforce: the need for direct and indirect labour able to adequately cover the required work shifts, which cannot be satisfied other than by local resources, including resources for coordination, supervisory and control roles;
  • Local industrial supply chain: the need to feed a supply chain focused on local suppliers for both direct as well as indirect raw materials and components for production;
  • Local service supply chain: the need to purchase a series of continuous services to support the operation of systems and of the plant (maintenance, controls, fuel, cleaning and the like) from local suppliers;
  • Local professional support: the need to rely on a network of specialist consultancy (technical, administrative, legal, tax) services with strong local skills to support the activity in accordance with the country's compliance. 

The economic impact on the local area of these elements is measurable in the value-added income statement. In fact, approx. 70% of the economic value generated is distributed to suppliers of goods and services and approx. 12% to the workforce in the form of wages and related social security contributions. 

The characteristic of belonging to the local community, except for specific cases, is usually a preferential element to be considered in the selection of staff to be hired, also with regard to roles of responsibility or management roles. This approach has, over time, led to an organisational structure that, especially in the higher levels of foreign entities, sees a strong presence of local staff, balanced by a number of people coming from the parent company or other Italian subsidiaries, thus contributing to strengthening ties within the Group and the integration of its parts. 

Procurement, suppliers, related supply chain

The practices of purchasing goods and services and selecting Carraro suppliers focus not only on the value of the financial offer, but also on respect for the values of competition, objectivity, respectability, integrity, impartiality, fairness of price and quality of the goods or service.

The achievement of our strategic objectives requires that our suppliers meet the same technological, quality, efficiency and ethical requirements as Carraro. In particular, with regard to suppliers of goods and services assessed by Carraro both at the time of acquisition and periodically at subsequent times. 

The assessment consists of the analysis of a series of requirements related to: 

  • technological and production capability;
  • overall process and product quality;
  • possession of quality certifications according to ISO standards;
  • corporate and financial situation;
  • compliance with our principles of ethical conduct. 

The quality guidelines are defined in the Supplier Quality Manual which aims to communicate the criteria, expectations and qualitative characteristics required by the Group and to indicate the methods and tools necessary for the production of products able to meet Carraro requirements. 

As for communication, an IT platform (Carraro Private Network) open to suppliers has been adopted where it is possible to share data, information and documents, as well as to purchase online. 

Suppliers are also assessed on their availability to share the principles of the Carraro Code of Ethics, which provides for loyalty, professional rigour, integrity and, in particular, respect for the environment, human rights and workers' rights.

Social initiatives

Carraro, especially in the Veneto region, has made its mark on the history of the area since the 50s. An area which in that period was essentially agricultural and which subsequently evolved also industrially. In addition to the economic and social aspects of the area, Carraro has fostered initiatives in both education and training, with its availability for training visits to its plants organised by a number of the main institutes of the province, as well as in terms of supporting art, with financial support for the annual concert programmes of the Associazione Amici della Musica di Padova.

Sustainability Report

Download the full version of our Sustainability Report, updated as of 31 December 2018

2018 Sustainability Report

31 December 2018 pdf, 6.58 MB