For years now, the Richemont Group has been committed to conducting its business in accordance with the principles of good corporate governance.
All the companies that make up the Richemont Group ensure the highest standards of integrity in carrying out their business activities, while ensuring respect and consideration for all the partners concerned - customers, employees, suppliers and shareholders alike.
Richemont's values are expressed in the Richemont corporate code of ethics, and its standards of conduct are detailed in the document Standards of Business Conduct , with which Officine Panerai complies.
In order to encourage Officine Panerai employees to lead, inside and outside the office, a more environmentally sustainable life, an internal committee responsible for CSR has been appointed with the task of drawing up a "best practices"document to be distributed to each employee.
A series of recommendations and suggestions was collected in the document "Guide to eco-friendly behaviour in the company", created with the dual purpose of informing and giving practical indications on how to behave in a more eco-friendly manner: print as little as possible and always shut down your computer before you leave the office, use public transport instead of your car for commuting to work, recycle as much as possible, do not use air conditioning with the windows open - these were just some of the suggestions contained in the document.
At the Officine Panerai offices, particular attention is paid to everyday acts:
1. What gets printed and how it is printed: only strictly necessary documents are printed, with preference given to the exchange of files via email and the use of shared folders. Most of all, only official presentations are printed in colour and, where possible, always choosing double sided printing. Paper that can be printed on again is reused.
2. What gets shipped and how it is shipped: given the high level of CO² emissions, the use of express couriers is carefully controlled.
3. How and when to travel for work: the use of conference calls is preferred and travelling by air can be chosen only for very long distances. Where possible, Panerai suggests that its employees use trains rather than planes which produce much higher emissions of CO².
For years, Officine Panerai has encouraged initiatives whose ultimate goal is social responsibility both in Italy and abroad. The brand is consistently linked to diverse associations: Fondazione De Marchi and Magica Cleme Onulus (Italy), Les Enfants de Frankie (France), Action for Children (UK), Sailing Heals (USA).
"Captain for a day", the principle initiative organised on board the Eilean, gives starring roles to children and young adults facing illness and hospital treatment. Real sailing lessons characterise the various activities of this "exceptional crew".
Panerai also promotes other, non-sailing initiatives, such as entertainment, laboratory time and excursions, with the aim of improving the health and well-being of patients from these associations while giving continuity to the collaborations born in recent years.
Between 2008 and 2012, Officine Panerai was a partner in celebrated South African explorer Mike Horn's most recent expedition: to sail around every continent aboard the Pangaea yacht, built from recycled materials and the latest in eco-sustainable technology.
The Pangaea expedition's objective was to bring international public awareness to the environmental decline of our planet and create a generation of young ambassadors standing for the preservation of nature and its resources.
This was made possible through the participation of groups of young explorers between the ages of 12 and 20. During various stages of the expedition, they were given the chance to spend time with Mike Horn on board the Pangaea and carry out activities beneficial to the Earth while learning to care for the environment and take responsibility for recycling, energy conservation and eco-sustainability.
Mike Horn and his "Young Explorers"operated under the expedition's motto of "Explore, Learn, Act", which expresses the project's philosophy – shared by Officine Panerai – to the fullest: it's no longer enough to just observe; it's time to act and give it our all.