Act Right

Governance

Our vision

A change in perspective regarding our business procedures is imperative. That’s why we started a journey of improvement, that will serve as a legacy for the next generation of employees, and will enrich a corporate culture founded on the desire of building something great for each other and everyone else. The resources to measure our impact are plenty, and we’ll implement them to always keep up with the best sustainability practices.

Where we are
2021
  • We developed a Multi-year Strategic Plan with a main time frame to 2025.
2022

In 2022 we decided to:

  • expand our sustainability department, which today includes 8 people working all over the world and exclusively on the goal, supported by 8 work groups that are in charge of designing and developing new net-positive actions;
  • measure the positive contribution given by Teddy to the most important Sustainable Development Goals in our industry using the tool SDG Action Manager.
2023
  • Draft and publication of the ESG policy, structured on the pillars that are the distinctive features of our “Everyone Can” Manifesto.
  • Publication of the corporate ESG Policy and Chemical Management Policy.
  • Launch of the continuous monitoring of the main social and environmental impact-related KPIs; use of the tool SDG Action Manager to measure the positive contribution given by Teddy to the most important Sustainable Development Goals for our industry.
Future goals
  • Update the job profiles and the annual goals for Teddy SpA Senior Managers to integrate environmental and social impacts in a systematic way.
  • Completing BRM (Brand & Retail Module) self-assessment.
  • Publication of the Due Diligence policy.
2021
  • We developed a Multi-year Strategic Plan with a main time frame to 2025.
2022

In 2022 we decided to:

  • expand our sustainability department, which today includes 8 people working all over the world and exclusively on the goal, supported by 8 work groups that are in charge of designing and developing new net-positive actions;
  • measure the positive contribution given by Teddy to the most important Sustainable Development Goals in our industry using the tool SDG Action Manager.
2023
  • Draft and publication of the ESG policy, structured on the pillars that are the distinctive features of our “Everyone Can” Manifesto.
  • Publication of the corporate ESG Policy and Chemical Management Policy.
  • Launch of the continuous monitoring of the main social and environmental impact-related KPIs; use of the tool SDG Action Manager to measure the positive contribution given by Teddy to the most important Sustainable Development Goals for our industry.
Future goals
  • Update the job profiles and the annual goals for Teddy SpA Senior Managers to integrate environmental and social impacts in a systematic way.
  • Completing BRM (Brand & Retail Module) self-assessment.
  • Publication of the Due Diligence policy.

Stakeholder engagement and Transparency

Our vision

We are not an isolated entity: we are deeply connected to the biosphere and to all the people, from employees to local and global communities.
In order create a long-term and shared wealth going beyond the financial aspect, it is essential to build an enduring partnership based on mutual trust.
“Work with Teddy and not for Teddy” is, in a nutshell, the approach driving the relationships with our stakeholders as to be able to discuss and interact in a deeper way, in the interest of all.

Where we are
2022

In 2022 we managed to:

  • map our ecosystem to identify our stakeholders and the drivers guiding the business relationship with each of them;
  • develop Teddy first materiality matrix thanks to the engagement of our main stakeholders.
Future goals

We plan to:

  • strengthen partnerships and collaborations with stakeholders, engaging them on sustainability themes in an increasingly intentional way;
  • increase the Transparency level of Teddy Group and of our value chain through the Global Environment Program and the implementation of the Higg Index. The transparency in the production and distribution chain will make it possible to meet the new regulations about Digital Product Passport, Due Diligence and Eco-design.
2022

In 2022 we managed to:

  • map our ecosystem to identify our stakeholders and the drivers guiding the business relationship with each of them;
  • develop Teddy first materiality matrix thanks to the engagement of our main stakeholders.
Future goals

We plan to:

  • strengthen partnerships and collaborations with stakeholders, engaging them on sustainability themes in an increasingly intentional way;
  • increase the Transparency level of Teddy Group and of our value chain through the Global Environment Program and the implementation of the Higg Index. The transparency in the production and distribution chain will make it possible to meet the new regulations about Digital Product Passport, Due Diligence and Eco-design.