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We are committed to protecting the environment by reducing risks and impacts through targeted investments aimed at developing initiatives that limit our environmental footprint and promote energy efficiency, responsible use of resources, and proper waste management.
The principles adopted by Fincantieri for the management of occupational health and safety, as well as environmental and energy-related aspects, are set out in the Health and Safety at work, Environment and Energy Policy.
The Policy, approved by the CEO of Fincantieri S.p.A., is binding for all employees and directed at both employees and third parties. It is actively communicated and embedded through regular coordination efforts across the Group’s various production sites.
We are consistently committed to overseeing our management systems across all production sites and business units certified under the ISO 14001 standard. In particular, 100% of Italian production sites and 89% of sites at Group level hold this certification.
Each certified organizational unit adopts a “Site Commitment Declaration on Environment, Health, Safety and Energy”, aligned with the corporate guidelines. These policies are made available to all employees and are regularly communicated to suppliers through ongoing coordination activities.
All certified sites are subject to audits conducted by dedicated internal teams, according to an annual schedule. As part of our management systems, we also collect and handle reports of any environmental incidents.
We have implemented a structured system for managing, monitoring, and mitigating potential environmental impacts, which integrates current and emerging regulatory requirements into our internal processes and procedures. The Fincantieri Group has also developed a range of targeted actions to address both the risks and opportunities arising from climate change.
While most production sites operate under a Single Environmental Authorization, the Monfalcone shipyard holds an Integrated Environmental Authorization issued by the Friuli Venezia Giulia Region. This represents the first measure of its kind within the Group and demonstrates our commitment to the region and transparency in managing the production process.
Each production unit includes, within its site-specific Emergency Plan, appropriate procedures to be activated in the event of an environmental emergency. Every site is equipped with a dedicated emergency hotline, available to report a threat and trigger the necessary containment and response actions, led by personnel who are properly informed, trained, and qualified.
In 2024, no significant fines were imposed for non-compliance with environmental laws or regulations.
Which objectives do we have on this topic?
Climate change: 2023-2027 Sustainability Plan objectives and targets
Support for research to improve the analysis and management of risks associated with climate change
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Promotion of research projects to develop new solutions for energy efficiency or reduction of emissions in collaboration with research institutes / universities on issues associated with climate risks
| Description/Target | Timeline | Perimeter | Status | SDGs |
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Complete four projects by 2030, of which: |
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Group |
The SEABAT project was launched in 2024, aimed at improving the energy efficiency of the shipping sector and reducing pollutant emissions. The project focuses on the optimization of electrical storage systems (lithium batteries), with the aim of reducing their cost and improving their performance. In addition, through its subsidiaries Fincantieri SI and Vard Electro, the Group continued development activities within specific work packages of the SEABAT project, in particular on the following topics: modular and scalable battery system design, performance test of full battery system, and roadmap for type approval. |
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Achieved
Reduction of carbon dioxide (CO2) and other pollutant emissions with the aim of contributing to the fight against climate change
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Reduction of greenhouse gas (GHG) emissions
| Description/Target | Timeline | Perimeter | Status | SDGs |
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-4% of Scope 1 and 2 GHG emissions compared to 2021 |
2025 |
Group |
In 2024, we implemented several initiatives aimed at improving our environmental performance and reducing Scope 1 and 2* emissions compared to 2021.
* Market-based, emissions from electricity purchased by considering emission factors expressed in CO2 relative to the residual mix |
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-8% of Scope 1 and 2 GHG emissions compared to 2021 |
2027 |
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-20% of Scope 1 and 2 GHG emissions compared to 2021 |
2030 |
Work in progressEnsure the use of electricity from renewable sources
| Description/Target | Timeline | Perimeter | Status | SDGs |
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100% electricity from renewable sources |
2030 |
Group |
We are committed, through the installation of photovoltaic systems and the purchase of Guarantees of Origin (GO), to gradually increase the share of electricity from renewable sources. |
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Reduction of emissions of volatile organic compounds (VOCs) through plant works and gradual substitution of the products used with solvent-free or lower-solvent alternatives
| Description/Target | Timeline | Perimeter | Status | SDGs |
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-3% VOC emissions over hours of production compared to 2021 |
2025 |
Group |
Thanks to initiatives such as replacing traditional paint products with low-solvent or water-based alternatives, VOC emissions per production hour have decreased compared to 2021, the baseline year for the Plan’s target. |
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-5% VOC emissions over hours of production compared to 2021 |
2027 |
Which objectives do we have on this topic?
Environmental management: 2023-2027 Sustainability Plan objectives and targets
Implementation of projects to improve energy efficiency and conserve natural resources, protect biodiversity and reduce environmental impact to prevent soil, air and water pollution
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Waste reduction
| Description/Target | Timeline | Perimeter | Status | SDGs |
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Maintaining the portion of waste sent for recycling between 80-90% each year |
2023-2027 |
Group |
Thanks to the initiatives of sorting and separating processing residues for recovery and reuse of materials still suitable for use in production activities, we have been able to consolidate the share of waste sent for recycling out of the total waste produced above 80 percent. |
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- 5% of the quantity of waste produced over hours of production compared to 2021 |
2025 |
We are committed to reducing our waste especially hazardous waste. With a focus on the circularity of processing residues, we are pursuing various scouting activities that will enable us to reduce waste. Compared to 2021, waste generated on production hours has decreased by 4.8 % |
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- 10% of the quantity of waste produced over hours of production compared to 2021 |
2027 |
Reduction of water withdrawals
| Description/Target | Timeline | Perimeter | Status | SDGs |
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-3% of water withdrawal over hours of production compared to 2021 |
2025 |
Group |
We are aware of the importance of the water resource so over the years various measuring and monitoring tools have been implemented that have allowed us to take action and reduce water withdrawals compared to 2021. |
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-10% of water withdrawal over hours of production compared to 2021 |
2027 |
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-12% of water withdrawal over hours of production compared to 2021 |
2030 |
Protection of biodiversity
| Description/Target | Timeline | Perimeter | Status | SDGs |
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Launch of project for the protection of biodiversity |
2024 |
Group |
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Analysis of the impacts of production processes on biodiversity |
2026 |
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Definitions of actions to mitigate impacts on biodiversity |
2027 |
related topics
Environmental responsibility
Environmental aspects
Biodiversity
