We are leaders in the global shipbuilding industry and, as such, we are responsible for acting in a sustainable way. This is why we combine competitiveness with environmental sustainability and social responsibility in our work, contributing to creating long lasting value. For us, sustainability is not just an opportunity but a genuine mission to represent a model of excellence in the world, a pervasive approach to business that is able to respond to the challenges of a globalized world and is increasingly sensitive to the impacts generated by industrial processes on society and the environment.
To guarantee adequate protection and monitoring of processes associated with sustainability, Fincantieri has a Sustainability Governance Model that provides for:
The Sustainability Committee, established by the Fincantieri’s Board of Directors in 2016, aims to supervise overall management of sustainability in the Company and to define the strategic lines, commitments and projects for sustainable development and social responsibility. The Committee is composed of 4 independent members and provides the Board of Directors with proposals and consultation services. More specifically, it carries out investigative activities related to sustainability issues associated with the Company's activities and with its interactive dynamics with all the stakeholders, supports the Board in matters related to the Company's compliance with and promotion of human rights, labour rights, environmental rights, transparency and combating corruption, health and safety of corporate activities, the rights of all the stakeholders and the product liability.
The Sustainability unit was created to coordinate all aspects of sustainability and reports directly to the Deputy Chief Financial Officer. It manages the sustainability activities, ensures compliance with the commitments undertaken, monitors the projects progress and the sustainability objectives achievement, while continually keeping the Sustainability Committee informed.
A multifunctional Working Group was defined, coordinated by the Administration, Finance and Control Department, to prepare the Sustainability Report and define objectives, targets and timescales for the sustainability commitments undertaken by the Group. In order to collect and manage the Report information from the foreign companies, some local project managers were identified. They report directly to the Sustainability unit and/or the Working Group.