Health and Safety

Safety—a priority and a driver of development
Occupational Health and Safety, Environment and Energy Policy
Occupational safety, the health of all workers—whether our employees or those of our suppliers—and the care and improvement of working environments have always been the guiding principles and the foundation of our policies. We consider safety a strategic factor, essential for the development of the company.

These commitments are implemented through our Integrated Management System for Occupational Health and Safety, Environment, and Energy. In particular, our Policy in this area, approved by the Chief Executive Officer, is binding for all Group employees and directed at all suppliers, and is widely disseminated and shared through coordination activities across all our production units.
a zero-accident future

At a strategic level, one of our top priorities is a zero-accident future. For this reason, in 2023 we launched the Safety Strengthening Plan, with additional initiatives beyond those provided for by the Memorandum of Understanding signed in 2019 between Fincantieri and INAIL (Italian National Institute for Insurance against Accidents at Work).

In this context, the institutional communication campaign “Zero Accidents Future On Board #SAFETYONBOARD,” launched in April 2023 on the occasion of World Day for Safety and Health at Work, enabled us to raise awareness among our people on the importance of maintaining focus, through posters, digital signage, and experiential activities at the shipyards.

The plan continued in 2024 with new initiatives:
STRUCTURED DIALOGUE SESSIONS
Between supervisors and workers to encourage the sharing of best practices and reporting.
REGULAR MEETINGS
Among key personnel at production sites to align perceptions, operational challenges, and action priorities
ON-SITE DIRECT OBSERVATION ACTIVITIES
DETAILED ANALYSIS OF ACCIDENTS
To identify causes and strengthen prevention
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We have also systematically introduced a safety focus at the beginning of major company meetings, and continued to involve our suppliers in defining improvement plans aligned with company standards. We have further strengthened monitoring activities through periodic reporting tools, cross-functional exchanges, and timely reporting systems, including through dedicated digital channels.

Internationally, structured meetings and joint committees have been set up, while in training we have increased the direct involvement of supervisors and external companies through targeted programs and multilingual materials.

Finally, development continues on the digital portal for integrated HSE management, which is already operational in some parts of the Group.

health and safety management system
To ensure optimal management of Occupational Health and Safety, we adopt best practices in the field and have implemented Management Systems for all Group sites, obtaining certification according to the ISO 45001 standard for 100% of Italian production sites and 89% at Group level.

The Management Systems allow us to:

  • Thoroughly analyze all health and safety risks for our employees and suppliers
  • Structure appropriate prevention and protection measures to eliminate or minimize these risks, through improvement plans with measurable objectives
  • Plan and regularly test emergency measures and procedures, in line with each site's emergency plans
  • Monitor the trend of accidents and critical events through reports, and assess progress against defined objectives
  • Carry out regular internal audits and structured site inspections (e.g., Safety Walk Arounds) in activity-homogeneous areas
  • Adopt procedures for investigating accidents and near misses, involving those concerned to identify causes and define preventive measures
  • Systematically disseminate training and information on Occupational Health and Safety.
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Over the years, these measures have led to constant performance improvement, with a steady reduction in accident cases.
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RISK MANAGEMENT AND HEALTH SURVEILLANCE

We constantly monitor health risk factors for our people through appropriate health surveillance, which, according to protocols, includes:

  • Regular medical examinations
  • Specialist assessments
  • Diagnostic tests

Based on the results, we adopt specific measures for prevention, protection, and the promotion of wellbeing for all workers. In addition, at each site, we hold meetings with employees and Workers’ Safety Representatives. These meetings also aim to identify possible sources of work-related stress.
After the meetings, if necessary, we define initiatives to reduce risk, such as specific training courses or organizational measures.

ACCIDENT PREVENTION AND CONTROL
We are committed to ensuring continuous improvement in health and safety performance, particularly regarding the occurrence of accidents.

To control and prevent accidents, we conduct technical analyses and investigations, both at Group and site level, on accident rates for employees and contractors, as well as on individual events that resulted in an accident or near miss.

The results are summarized in reports for various levels of responsibility and senior management, leading to the implementation of corrective actions.

Accident prevention also relies on a culture of dialogue and collaboration. We organize monthly corporate coordination meetings involving all those responsible for Occupational Health and Safety governance: HSE managers, prevention and protection service managers (RSPP), heads of each production site and the main Italian subsidiaries, as well as the Directors and HR Business Partners of each plant.

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Our main tool for prevention is the “Procedure for the Management of Accidents, Near Misses, Unsafe Conditions/Behaviours, and Positive Feedback,” updated in 2023, which sets out how to record accident and similar events. To ensure the effectiveness of the Procedure, we have implemented a digital support system that allows, for each incident, the registration and management of Unsafe Observations, the storage of photographic evidence, and the indication of corrective measures implemented.
Finally, we ensure a healthy and safe working environment by raising awareness among our top management. We have also adopted specific Health and Safety targets among the criteria determining variable remuneration for managerial and supervisory roles.

Our performance in Health and Safety demonstrates the effectiveness of the measures described above.
2019 2020 2021 2022 2023 2024
NUMBER OF RECORDABLE WORK-RELATED INJURIES 339 254 265 296 245 293
of which high consequence work related injuries 3 4 16 21 7 3
of which fatalities as a result of work-related injuries 0 1 0 0 0 0
RATE OF HIGH-CONSEQUENCE WORK RELATED INJURIES 0.1 0.1 0.4 0.6 0.2 0.1
FREQUENCY RATE (INJURY RATE) (LTIFR) 9.7 7.7 7.4 8.1 6.6 5.2
SEVERITY INDEX (LTSR) 0.2 0.2 0.2 0.3 0.2 0.2
NUMBER OF MEDICAL EXAMINATIONS n.d. 10,697 12,682 17,372 18,061 17,299
NUMBER OF DIAGNOSTIC TESTS n.d. 19,205 16,750 22,942 24,645 29,871
HEALTH AND SAFETY COSTS (EUR) 5,877,467 14,110,425 12,487,448 10,239,902 7,649,923 8,303,140
The data refer to the entire Fincantieri Group.
The Lost Time Injury Frequency Rate (LTIFR) is calculated as (Number of work-related injuries / Total hours worked) × 1,000,000 and includes all work-related injuries resulting in at least one lost workday.
The Severe Injury Rate is calculated as (Number of severe work-related injuries / Total hours worked) × 1,000,000.
Severe injuries are defined as events causing more than 180 lost workdays.
The Lost Time Severity Rate (LTSR) is calculated as (Number of lost days due to injury / Total hours worked) × 1,000 and considers the total number of days lost starting from the first day following the injury.
Health and safety costs refer to expenditures related to medical surveillance and the procurement of personal protective equipment (PPE).
The prevention and control measures have also had a positive impact on non-employee workers operating at our shipyards.
2019 2020 2021 2022 2023 2024
FREQUENCY RATE (INJURY RATE) (LTIFR) 13.1 13.3 13.7 14.0 9.4 7
NUMBER OF RECORDABLE WORK- RELATED INJURIES 701 553 855 563 434
of which high consequence work related injuries 9 5 8 13 0 6
of which fatalities as a result of work-related injuries 1 0 0 2 1 0
NUMBER OF NON-EMPLOYEE TRAINED ON OCCUPATIONAL HEALTH & SAFETY 40.813 24.953 33.237 33.909 30.998 30.302
The data refer to the entire Fincantieri Group.
All data reported in the table refer to the end of the reporting period (31 December of the reference year) and are systematically collected through the data-gathering systems implemented across the Group. The coverage is 100% and relies on either actual data or estimates.
The frequency rate for work-related injuries was calculated as (number of work-related injuries / hours worked) × 1,000,000.
This metric is expressed as the Lost Time Injury Frequency Rate (LTIFR), which includes all work-related injuries resulting in at least one day of lost work time.
TRAINING, INFORMATION, AND PREVENTION
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WE BELIEVE THAT SPREADING A CULTURE OF OCCUPATIONAL HEALTH AND SAFETY IS A FUNDAMENTAL PREVENTION MEASURE.

WE CONSTANTLY INVEST IN THE TRAINING AND INFORMATION OF OUR EMPLOYEES THROUGH COMPREHENSIVE AND UP-TO-DATE PROGRAMS.

TOP SAFETY COURSE
We highlight the Top Safety course, an innovative program structured with a gamified approach, aimed at actively involving all supervisors of Fincantieri S.p.A. in Safety Observation activities. By the end of 2024, 78% of supervisors had successfully completed the course.
HSE PORTAL
An HSE Portal is under development, with full activation planned by 2025. The portal will be a central tool for the integrated management of health, safety, and environment information, enhancing the efficiency of monitoring, reporting, and internal communication. The system is already operational at the VARD Group’s production sites.
Dialogue on safety
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To spread a culture and awareness of safety and to identify best practices to adopt according to the unique features of each site, dialogue and participation are fundamental tools. In this perspective, we launched the Perceptions Alignment initiative, which provides for a monthly meeting on Health and Safety topics. In these meetings, the key functions of the shipyard (Director, HR Business Partner, and HSE Manager) align their perceptions on environment, collaboration, performance, and action plans.

Another opportunity for dialogue is Safety on the Job, which includes Safety and Environment Meetings and Safety Breaks. These sessions, involving some supervisors from the companies present in the shipyards, include site inspections in the workplaces. They allow for the identification and reporting of both anomalies and best practices and delve into specific topics, identifying causes and defining targeted corrective measures.

Shipyard Safety First
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The path towards zero accidents involves a process of continuous improvement. With the Shipyard Safety First initiative, safety is placed as the first item on the agenda during management, production, and foremen meetings. Performance indicators and communications from Safety Bulletins are shared, thus ensuring a constant focus on occupational health and safety.
Performance monitoring
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To ensure continuous oversight of health and safety performance, we have adopted a comprehensive monitoring and sharing system. The First in Class Shipyard initiative allows us to share safety indicators for each site’s performance on a monthly basis. This approach not only highlights the first-in-class site but also creates healthy competition among Group plants.

Supporting this system, we organize monthly Team Building & Sharing meetings involving the HSE teams of Fincantieri S.p.A. and the main Italian subsidiaries, facilitating experience sharing. Monthly Reporting enables structured analysis of key indicators and trends, conducted both by company and at Group level, thanks to the support of the Impact platform.

For timely management of critical events, a Crisis Reporting system is in place through a dedicated chat, facilitating immediate communication of near misses and significant events.

To complete the system, an experimental accident analysis project was launched at the Sestri plant, aiming to identify recurring factors contributing to accidents and define corrective actions. The initiative may be extended to other production sites in the future.

Safety Walk Around
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Improving safety culture at work also means raising awareness of potential risks at the sites. Therefore, Safety Walk Arounds are carried out at all Italian plants—inspections conducted in activity-homogeneous areas—which enable on-the-job training in risk perception and the exercise of the supervisor’s role.

The training is conducted by the first levels of operational areas, with the support of the Prevention and Protection Services, and involves both internal supervisors and those from contracting companies. Types of risk, anomalies to report, and best practices for safe behavior are illustrated, with particular attention to near misses, unsafe conditions, hazardous behaviors, and positive feedback.

Healthy lifestyles
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We developed a project to promote healthy lifestyles, involving all employees of Fincantieri S.p.A. and Italian subsidiaries, focusing in particular on:

  • proper nutrition
  • conscious consumption of alcoholic beverages
  • medical prevention.

For each topic, we prepared an informational flyer, sent by email after the project launch. The communication and all three flyers were published on the company intranet and displayed on screens in the canteens. Paper copies were distributed to everyone through the most appropriate channels at each production site, handing them out at strategic locations such as company infirmaries.

The entire project was first shared with Workers’ Representatives and implemented in collaboration with the company Chief Medical Officer.

Partner in Safety
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We promote a culture of continuous safety improvement among our business partners as well. In particular, the Partner in Safety initiative, aimed at contractors operating at our sites, seeks to foster fruitful collaboration between suppliers and Health, Safety & Environment (HSE) departments in order to identify and implement corrective actions on health and safety matters.

This initiative, an evolution of the previous Stream Pressing Ditte program, involves a series of meetings with selected suppliers identified by the Group’s Italian sites. The activity began with seven suppliers and includes the sharing of best practices and improvement actions in HSE areas.

In the first half of 2025, 22 on-site suppliers (working within shipyard areas) and 9 in-house suppliers (at their own facilities) were involved. In some cases, suppliers were asked to prepare an Improvement Plan, outlining the initiatives needed to comply with the required HSE performance standards. The adoption of the Improvement Plan saw collaboration between suppliers and local HSE teams, followed by a review after the first implementation phase to analyze results and identify any further improvement actions.

The initiative will continue in the second half of 2025, progressively involving more contractors.

Learn more about our initiatives towards the supply chain.

Excellence Award in the USA
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Also in 2024, Fincantieri Marinette Marine, in line with previous years, received the following awards from the Shipbuilders Council of America (SCA):

  • Excellence in Safety Award: awarded to companies that have not recorded any fatal accidents during the year, that regularly submit quarterly occupational safety reports, and that have an annual average Total Recordable Incident Rate (TRIR) below the average calculated by SCA.
  • Improvement in Safety Award: reserved for companies that have reduced their annual TRIR by 10% or more compared to the previous year, as shown by complete quarterly reports sent to the SCA.
  • Significance in Safety Award: presented to shipyards that during the year have not recorded any fatalities and have maintained a TRIR below 1.0.
Research and innovation in health and safety
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We have launched, through the Fincantieri Foundation, a strategic partnership with Sapienza University of Rome to promote applied research and advanced training in materials engineering and occupational medicine, with a specific focus on worker health and safety.

Through this agreement, we aim to develop technological solutions that meet the highest standards required by next-generation shipbuilding. The Fincantieri Foundation will play a central role in coordinating activities. In this way, we strengthen the connection between academia and industry, contributing to the spread of an approach in which safety is increasingly a shared and strategic value.

THE COMMITMENTS OF THE 2023-2027 SUSTAINABILITY PLAN RELATED TO HEALTH AND SAFETY
Continuous improvement of workers’ health and safety conditions
Goals
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Improvement of occupational health and safety performance with the goal of achieving zero accidents, protecting workers’ health and the workplace environment
DESCRIPTION / TARGET TIMELINE PERIMETER STATUS SDGS
Contain the frequency rate for work-related injuries* below 7.5 for the next 5 years

* Frequency rate (injury rate) (no. of work-related injuries/hours worked x 1,000,000)
2023-2027 Group
Achieved
Contain the severity index** below 0.2 for the next 5 years

** Severity index (no. of days lost due to injuries/hoursworked x 1,000)
During 2024, there has been a frequency index < to 7.5 and a severity index ≤ 0.2. In particular, it is recorded:

Frequency rate:
2021: 7,41
2022: 8,14
2023: 6,56
2024: 5,17

Severity index:
2021: 0,23
2022: 0,28
2023: 0,18
2024: 0,19
Conducting work-related stress risk assessments
DESCRIPTION / TARGET TIMELINE PERIMETER STATUS SDGS
100% of Italian shipyards and subsidiaries over 4 years analysed on work-related stress risk 2024 Italy
Achieved
In 2024, a check was carried out to ensure that all Italian shipyards and subsidiaries had carried out the assessment. In particular, legislative compliance with Articles 28 and 29 of Legislative Decree 81/08 and alignment with the document 'The methodology for the assessment and management of work-related stress risk' published by the Italian National Institute for Insurance against Accidents at Work was analysed.
Support tools aimed at improving ergonomics and reducing workloads
DESCRIPTION / TARGET TIMELINE PERIMETER STATUS SDGS
Carry out a feasibility study for the adoption of tools to support manual activities, such as industrial exoskeletons, that are compatible with the work environment on board ships under construction in relation to the increase in the average age of the working population in order to achieve an improvement in working conditions in certain activities that engage the musculoskeletal system through robotic structures of various types 2024 Group
Achieved
In order to implement support tools to improve ergonomics and reduce workloads, the feasibility study for the adoption and related testing of different types of exoskeletons, both active and passive, was concluded in 2024. Field test sessions were carried out in this area involving qualified companies from the local ancillary companies of the Monfalcone shipyard, operating in three different disciplines in order to expand the use cases on which to validate the different types of asset selected. The activities carried out enabled the identification of solutions that are already compatible with the shipbuilding industry, and those to be monitored in the future.
Following the outcome of feasibility studies, make the tools identified as suitable for Group companies with similar production processes progressively operational 2027
Work in progress
Support for inspection activities through robotic systems
DESCRIPTION / TARGET TIMELINE PERIMETER STATUS SDGS
Carry out a feasibility study for the adoption of autonomous inspection and monitoring systems for shipyard areas and on board ship. These tools will be used to perform their tasks in high-risk or difficult-to-access areas for personnel or for the automation of low value-added tasks 2023 Group
Achieved
One of the areas of investigation initiated in 2023 concerns the adoption of AMR (Autonomous Mobile Robot) systems for inspection and monitoring both on construction sites and on board ships. The feasibility study focused on assembly/construction activities, tasks carried out in hazardous or hard-to-reach areas, and activities of low added value for operators.
Development and operation of 3 prototypes such as: quadrupeds or rovers equipped with sensors for monitoring activities, drones for inspection to analyse accessibility of high-risk areas 2025
Achieved
In 2024, ahead of the target time horizon of 2025, three prototype robotic inspection support systems were developed. These tools will be used to perform their tasks in areas that are high-risk or difficult-to-access for personnel or to automate low-value-added tasks. In particular, two prototypes are based on the use of Automated guided vehicle (AGV) rovers, platforms mainly used in industry to facilitate the movement of material. The prototypes developed provide for: the automated and planned transport of material, the automated on-demand transport of material and the use of drones for welding inspections.
Extension of instruments to Group companies with similar production processes 2027
Work in progress