The Sustainability Governance system


Sustainability governance​​ ​

The Group’s willingness to operate in an increasingly responsible manner and include in all respects sustainability in its business practices has prompted the implementation at Brembo of a Governance system which is dedicated to the auditing and management of these topics at Group level. 

The key figure at the heart of Brembo’s sustainability governance is the Chief CSR Officer, a role entrusted to the Director in charge of the Internal Control and Risk Management System. Besides interacting with the Audit, Risk & Sustainability Committee, the Chief CSR Officer is responsible for proposing, coordinating and deploying social responsibility projects and initiatives, monitoring action plans in the various organisational units (also in light of external best practices), analysing information documents and stakeholders’ requests regarding sustainability-related topics, as well as coordinating activities involved in the drafting of the yearly Disclosure of Non-Financial Information. 

To support the Chief CSR Officer, Brembo has appointed the Task Force, a group of experts belonging to the various Global Central Functions (GCF) involved in sustainability issues, with the task of thoroughly analysing — each within its remittance — specific issues in the field of corporate projects and data collection for the Disclosure of Non-Financial Information. 

Brembo has also created a CSR Committee consisting of the company’s top management and the heads of the GCF that are more closely involved with sustainability issues. The Committee is tasked with determining the Sustainability Guidelines, adopting the relative policies, proposing a plan containing the environmental and social strategic objectives, approving the projects submitted by the Chief CSR Officer and validating the preparatory activities needed to launch the sustainability reporting process. The CSR Committee is also required to effectively oversee the stakeholder engagement process and the sustainability-related risks, as well as to assess the draft Disclosure of Non-financial Information. 

Finally, in accordance with the provisions of Borsa Italiana’s Corporate Governance Code, the Group has set up an Audit, Risk & Sustainability Committee within the Board of Directors, consisting of three Independent Directors, each with a three-year term expiring upon the General Shareholders’ Meeting called to approve the Financial Statements at 31 December 2022. 

More specifically the Audit, Risk & Sustainability Committee provides support to the Board of Directors by analysing the sustainability policies and procedures, as well as the guidelines, the company goals with related processes linked to social and environmental topics. Moreover, the Committee monitors sustainability-related international initiatives and actively involves the Group with such initiatives to raise the company’s profile in the international arena. It also expresses specialised opinions in relation to the identification of the main corporate risks, particularly those involving sustainability, environmental and social topics. Finally, it analyses and assesses the draft Disclosure of Non-Financial Information, which is submitted for approval to the Board of Directors on a yearly basis. 

CSR Ambassadors and CSR Champions positions were created as soon as in 2019 to raise awareness of sustainability at the various Brembo plants worldwide and to establish a direct, active communications channel. Their mission is to spread a CSR culture, promote activities and support local initiatives relating to sustainability, in addition to interacting regularly with the CSR GCF to share information, events and projects in favour of sustainable development. The differences between the two positions are the level of responsibility and scope of action: CSR Ambassadors operate at the level of the region/legal entity and rely on assistance from the CSR Champions who operate at the site level and report the information to the appropriate CSR Ambassador. In 2021 as well the CSR Ambassadors and CSR Champions took part in dedicated sessions, both to inform on sustainability issues and share projects and initiatives. At the end of 2021, there were 12 CSR Ambassadors and 24 CSR Champions at work within the Group. ​


The sustainability plan of Brembo 

In order to give concrete shape to and direct its strategic commitment in terms of sustainability over time, Brembo has started work on preparing its first Sustainability Plan

In Brembo, sustainability is a way of thinking that also materialises through the definition of a clear strategy that allows the Group to enhance its contribution to a form of economic development compatible with the protection of the environment and people. 

The targets, mainly quantitative in nature, are organised in the five strategic areas in which the material topics are divided. In addition, in order to guarantee to all stakeholders a full consistency between the contents of the Plan and this Disclosure of Non-Financial Information the targets have been identified starting from the topics relevant to Brembo. 

Brembo's Sustainability Plan includes objectives to reduce environmental impact including the achievement of the Net Zero target by 2040, the recycling of waste produced, the constant monitoring of withdrawals, discharges and significant uses of water in all plants and, as a further step towards a circular economy approach, the launch of an internal path for the definition of Life Cycle Assessment parameters for all existing product families.



Brembo S.p.A. | P.IVA 00222620163

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