We are committed to protecting the environment, reducing risks and impacts, through efficient investments to develop initiatives that limit our environmental impact and promote energy efficiency, responsible use of resources and proper waste disposal.

 

The Environment, Occupational Health & Safety and Energy Policy summarizes the Company's intention clearly and is binding for all Fincantieri employees. It is addressed to all suppliers and is shared, in particular, through the coordination activities carried out continuously in the various production sites.

We are constantly working on our Management Systems in all production plants and in all ISO 14001 certified business units, in particular 100% of the Italian production plants have that certification and 68% at Group level.

Each Fincantieri production site, certified in accordance with ISO 14001, draws up its own site policy, which is binding for all workers.

 

The adoption of a management system in accordance with the highest international standards involves an analysis of the risks associated with the activities of the Company and stakeholder involvement.

 

While the other yards operate under the Single Environmental Authorization, the Monfalcone shipyard has been issued with the Integrated Environmental Authorization by the Friuli Venezia Giulia region. This is the first procedure with these characteristics for the Company and is tangible confirmation of the sensitivity towards the territory and transparency in the management of the production process.

WHICH OBJECTIVES DO WE HAVE ON THIS TOPIC?

climate change: 2018-2022 Sustainability Plan objectives and targets

Commitments Objectives Description/ Target Benefits Status Timetable

Support for research to improve the analysis and management of risk associated with climate change

Conduct a climate change scenario analysis in compliance with the principles defined by the Task Force on Climate-related Financial Disclosures (TCFD)

Identify potential risks and opportunities for the core business related to climate change in accordance with the recommendations, defined by the TCFD of the Financial Stability Board, which help organisations to identify and communicate the information that the financial community needs to properly assess climate-related risks and opportunities.
This analysis includes a specific focus on the financial impact that climate change may have on Fincantieri's performance and business model

Improve disclosure on:

• The organisation's governance with regard to managing climate change

• Methods for identifying, assessing and managing climate-related risks

• The actual and potential impacts of climate risks and opportunities on the organisation's activities, strategy and financial planning


Proactive analysis in response to increased requests by investors on issues relating to climate change and the Company's exposure to climate risk

Achieved Achieved

 

In 2021 we conducted a climate change scenario analysis in compliance with the principles defined by the TCFD. Two distinct scenarios were identified: a best-case scenario (+1.5°C) and a worst case scenario (+2.4°C).

2021

 

Promotion of research projects to develop new solutions for energy savings or reduction of emissions in collaboration with research institutes / universities on issues associated with climate risks

Activate collaborations with universities / research institutes in order to develop new solutions for energy savings or reduction of greenhouse gas emissions

 

5 projects completed by 2030, of which:

1 project by 2022

1 project by 2024

1 project by 2026

1 project by 2028

1 project by 2030

Increase / maintain product competitiveness, reduce greenhouse gas

in-progress Work in progress

2030

Reduction of carbon dioxide (CO2) and other pollutant emissions with the aim of contributing to the fight against climate change

Reduction of greenhouse gas (GHG) emissions associated with electricity consumption

Reduce greenhouse gas (GHG) emissions associated with electricity consumption (Scope 2)

 

-50% of GHG emissions compared to 2017

Contribute to the fight against climate change

Work in progress

2022

 

Reduction of volatile organic compound (VOC) emissions

Reduce VOC emissions through plant works and a gradual substitution of the products used with other solvent-free products or ones with a lower solvent content

 

- 20% of VOC emissions in relation to production volumes (hours worked) compared to 2017 in Fincantieri S.p.A.

Improve workplaces and people’s health

Work in progress

2022

Environmental management: 2018-2022 Sustainability Plan objectives and targets

Commitments Objectives Description/ Target Benefits Status Timetable

Implementation of projects to improve energy efficiency and conserve natural resources, protect biodiversity and reduce environmental impact to prevent soil, air and water pollution

Increase the portion of electricity from renewable sources

Purchase electricity produced by certified renewable sources

 

100% electricity purchased in Italy and Romania

Reduce CO2 emissions and gain benefits for the Company image with competitive advantage on the market

 Achieved

 

In 2020, 100% of the electricity needed to satisfy the demand of Italian production sites and companies, and that of the Romanian yards, was purchased and sourced from renewable sources (hydroelectric, wind, photovoltaic) certified with Guarantees of Origin (GO).

2020

 

Obtain ISO 50001 certification

Obtain ISO 50001 certification which defines the requirements for an efficient management of direct electricity consumption

 

Obtain ISO 50001 certification for the Italian yards

Make rational use of energy sources, achieving specific reduction targets. Increase transparency and ease of communication regarding management of energy sources, improving image and compliance with Legislative Decree 102/2014

 Work in progress

 

Due to the issues caused by the COVID-19 pandemic, the objective of the Energy Management System certification according to the ISO 50001 standard has been rescheduled. In the yards of Monfalcone, Sestri Ponente, Marghera, Palermo and Ancona is already started the iter for the attainment of the certification within the year. The activities will then be implemented at the remaining sites.

2021

 

Consolidation of the proportion of waste sent for recovery and decrease in the total quantity of hazardous waste compared to total waste

Consolidate the share of waste to be recycled and reduce the weight of hazardous waste on total waste

 

2020 - Consolidation of the share of waste to be recycled between 80% and 90% in Italy

2022 - 5% reduction of hazardous waste on total waste compared to 2017 in Italy

Reduce the impacts of its activities on the environment

 Work in progress

 

In 2020 in Italy, we consolidated the portion of waste sent for recovery (86%) of total waste produced, while in 2021 the amount increased to 88%. This result has been achieved through the implementation of targeted policies, using an extensive recycling collection of processing residues.

2020-2022

 

Focus on the type of water withdrawal and its impact in the value chain

Launch a multi-year study for Fincantieri S.p.A., developing the following stages:

 

2020 - Assess water stress areas using the Water Risk Atlas software

2022 - Define water consumption in the most sensitive areas

2023 - Definition of targets and possible improvement actions

The analysis may be functional to integration as regards environmental certification (e.g. ISO 14001) and consolidates the Company's commitment to combat waste and preserve natural resources in line with the provisions of the Group's Policy on Environmental and Occupational Health and Safety Management

 Work in progress

 

Since, following the assessment carried out in 2020 using the Aqueduct Water Risk Atlas software, the Ancona, Castellammare di Stabia and Palermo shipyards were found to be in water stress areas, specific plans were defined in 2021 to monitor withdrawals and the main uses of water, including the installation of new flow meters, with the aim of identifying and minimizing wastage.

2020-2023

Increase employee awareness of environmental impact and promote virtuous behavior

Launch the sustainable office project (10 rules)

Launch an initiative promoting protection of natural resources within the Group, clearly defining a set of rules.
The initiative also includes the digitalization of company documents

 

100% employees in Italy

Promote the protection of natural resources within the Group and reducing related costs

 

 Achieved

 

Fincantieri For The Green Future communication campaign has been launched aimed at creating greater awareness and sensitivity on environmental issues and encouraging all employees to make a tangible contribution to safeguarding the environment. The campaign was launched by distributing a brochure to all employees that illustrates the virtuous behavior to be adopted in everyday life, both in the workplace and at home, and with the symbolic distribution of a gadget (an aluminium water bottle to encourage people to reduce their plastic consumption).

2019

 

related topics

Environmental responsibility

Environmental aspects

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