We are a strategic asset for the country, therefore the protection of our resources, starting with human capital as well as tangible and intangible assets, is of vital importance for the entire Company, for shareholders and for “Sistema-Italia”.

 

With this in mind, we are committed to develop and incorporate best practices, standards and guidelines to identify, manage and mitigate our security risks, both in Fincantieri SPA and in all our subsidiaries, in compliance with human rights, with the belief that effective prevention and protection strategies are an ethical as well as an economic value in management and business activities.

 

From this point of view, we ensure a constant process of security risk management, aimed at guaranteeing the highest level of protection for employees and tangible and intangible assets in order to achieve our social and business development objectives.

In this process - with a view to achieving comprehensive security levels - we constantly seek an informed and responsible adherence of all employees who, through their active involvement, enable the dissemination of the security culture in all our workplaces.

 

As stated in our Policy, the Security Function is entrusted with the exclusive task of protection and safeguard, which is declined in 4 main dimensions:

 

  • Protection of people;
  • Protection of information;
  • Protection of physical assets;
  • Protection of business integrity.

 

Protection of people

People represent the main success factor in defining and achieving the Group's objectives. We are committed to protecting their Safety and Security, in Italy and abroad, by supporting our Management in the fulfillment of the Duty of Care required by Italian and EU regulations and, where applicable, by the regulations in force in the destination countries.

As part of our commitment to continuous improvement, we have decided to integrate the guidelines contained in the international standard "UNI ISO 31030:2021 Travel Risk Management - Guidance for Organizations" within our travel risk management model, which, following a rigorous Risk Management approach, allows us to identify and assess the risks which are present in the different destinations, inform and train stakeholders, and activate prevention and/or mitigation measures. To this purpose, in 2023 we drafted the Travel Risk Management Policy, signed a Memorandum of Understanding with the Ministry of Foreign Affairs aimed at consolidating an already-vibrant public-private collaboration, and started to work on the necessary adjustments to the internal processes and procedures of the Travel Risk Management operating model.

Finally, we prepare the company, through periodic updates and exercises, to deal with crisis situations that might involve personnel abroad, by monitoring the emergence of possible threats (Early Warning) and by coordinating the response to critical situations, through Crisis Committees chaired by the Employers and supported by the functions involved in the TRM process or deemed necessary to manage the single, specific event.

Protection of information

Information is of vital importance for business operations and the maintenance of the strategic advantage.

For this reason, we implement the necessary security measures to guarantee its safeguard, availability and integrity, also evaluating every action to ensure its correct use, through organisational and physical measures that, due to the nature of the information, may also pertain to the national interest security perimeter.

In this context, we operate in compliance with specific sector regulations, promoting knowledge of the regulations and continuous training of the personnel in charge.

 

Protection of physical assets

Physical assets are a necessary means for business continuity and the achievement of corporate objectives. To this end, we adopt a physical security risk assessment methodology based on international best practices, subject to constant verification of its effectiveness, in order to implement and update the appropriate containment actions, carried out through an approach aimed at harmonising the physical, technological and organisational nature of the security measures adopted, in compliance with specific sector regulations.

 

Protection of business integrity

We pursue the safeguard of the principles of legality, ethics and transparency - the foundations of sustainable business - by means of a thorough process of verification of the reputational requirements of our supply chain; integrity due diligence checks conducted on corporate third parties are thus instrumental in preserving our business from criminal contamination.

In this regard, attentive and vigilant to any possible interference that could, even potentially, attack the integrity of our business and of our actions in the market, we have established enhanced cooperation with the Ministry of the Interior through the signing of the National Legality Framework Protocol, which helps to promote a widespread and extended culture of legality to protect Fincantieri and the trust of our stakeholders.

More generally, safeguarding passes through knowledge of the threats that expose our business; for this reason, we constantly expand our knowledge base with a continuous process of threat intelligence focused on subversive, organised, common and terrorist criminal threats.

 

Which objectives do we have on this topic?

Governance and business integrity: 2023-2027 Sustainability Plan objectives and targets

 

Maintenance of the Corporate Governance system and risk management (including sustainability risk) in line with international best practices

Discover the objectives

Alignment of the FINCANTIERI Travel Security program with the guideline UNI ISO 31030: 2021 Travel risk management - Guidance for organizations to further ensure the safety of travelling employees

 

Description/Target Timeline Perimeter Status SDGs

• Definition and publication of a Travel Risk Policy compliant with ISO 31030 and updating of existing corporate procedures (where necessary)

2024

Fincantieri S.p.A.

 Work in progress

 

In 2023, the definition of a Travel Risk Policy was concluded. The Travel Risk Management (TRM) operational model for Fincantieri S.p.A. is currently being updated.

 

• Definition of a Travel Risk Management (TRM) operational model for Fincantieri S.p.A.

• Gap analysis through third-party audit of Fincantieri's TRM model referring to the perimeter of Italian subsidiaries and drafting of an alignment road map

2026

Italy

 Work in progress

 

Within the perimeter of Italian subsidiaries, we have engaged in an internal-gap analysis resulting in the definition of an alignment road map preparatory to subsequent third-party audit.

• Start of the gap analysis process of Fincantieri’s TRM model referring to the VARD group perimeter and drafting of an alignment road map

2027

Group (excluding American subsidiary companies)

RELATED TOPICS

Sustainability Governance

Our Governance model

Material topics

Our commitments

Sustainability Plan

Sustainability risks

Stakeholders

We support Global Compact

Memberships and participation in associations

Our performance

Reporting

Business Ethics