Supply chain

Supply chain

Supply chain

The Group has always been committed to developing​ innovative, high-performance and high-quality​ solutions. To continue this commitment, a close​ collaboration needs to be maintained with suppliers,​ particularly those who produce materials and​ technologies suitable for use in the fitness industry,​ even if they primarily operate in other sectors.

The wellness sector in which Technogym operates​ does not have a dedicated supply chain and frequently​ relies on suppliers who mainly produce for other​ sectors, requiring the adaptation of materials and​ technologies to the specific needs of the solutions​ proposed by the Group.

The supply chain is mainly based in Italy, where, in​ 2024, 68% of suppliers have a registered office. The​ remaining purchases are spread across Europe (11%)​ and the rest of the world (21%).

Technogym, being committed to maintaining high ethical standards and ensuring that​ all parts of the value chain operate in a responsible and humane manner, minimising risks​ related to unethical work practices, has planned, starting in 2023, a control system with​ periodic site audits to monitor supplier performance, with the additional aim of identifying​ and mitigating negative impacts on workers. In detail, these audits, conducted internally,​ allow the organisation to carry out a thorough and timely assessment of the following​ aspects:​

  • Social aspects relating to working conditions, any instances of child labour,​ salubriousness of the workplace (e.g. lighting and cleanliness), freedom of association,​ the right to collective bargaining, discrimination, and the protection of individual health​ and safety;​
  • Environmental aspects, with particular attention to protecting and safeguarding the​ environment, including impacts related to atmospheric emissions, water discharges, soil​ contamination and waste management.​

In 2024, the Group significantly expanded its audit activity, extending the number of​ suppliers audited. In fact, it went from approximately 11% of total purchases covered in 2023,​ corresponding to 15 audits carried out, to approximately 24% in 2024, for a total of 32 audits. This increase highlights a growing commitment to supply chain management and​ monitoring. These audits were carried out mainly on Italian suppliers belonging to Tier 1 and​ with a significant turnover. In parallel, dialogues were initiated with second-level suppliers​ (Tier 2) to deepen their practices, although structured audits are not yet in place for this​ category.

Learn more about our sustainability efforts

Communities

Communities

How projects such as Wellness Valley boost community wellbeing and create opportunities for economic growth.

Employee wellbeing

Employee wellbeing

We make a daily commitment to our people’s mental and physical health with our wellness-focused working environment.