The Consolidated Non-Financial Statement of the Fincantieri Group (hereafter also Sustainability Report), now on its first edition, is a communication tool that describes, in a transparent and structured manner, the economic, social and environmental results achieved, and demonstrates the Group's commitment to sustainable development, with the aim of creating value not only for itself, but also for its stakeholders.
The Sustainability Report reports, to the extent necessary to ensure an understanding of the activities of the company, its progress, its results and its impact, in relation to the areas considered important and required by Legislative Decree 254/2016, on the "disclosure of non-financial and diversity information by certain large undertakings and groups".
As required by Article 5 of the Decree this document is a distinct report with the appropriate wording to identify it as the Consolidated Non-Financial Statement (NFS).
The Sustainability Report has been prepared according to the Global Reporting Initiative (GRI) Guidelines for sustainability reporting, G4 version, according to the "Core" option.
The contents reported have been included based on the results of the materiality analysis (Materiality Matrix), which allowed the material aspects to be identified, i.e. those which reflect the significant impacts for the organization from an economic, environmental and social viewpoint, and which substantially influence stakeholders' assessments and decisions.
The document was also the subject of a limited assurance engagement according to the criteria indicated in the revised ISAE 3000 standard involving PricewaterhouseCoopers S.p.A. who, at the end of their work, issued the report required under Legislative Decree 254/16 and Consob Regulation 20267 of 2018 concerning the compliance of the information supplied in the Consolidated Non-Financial Statement prepared by Fincantieri under Legislative Decree 254/16 and in accordance with the reporting standard adopted.
The Consolidated Non-Financial Statement is required to be published annually.
This document was approved by the Board of Directors on 27 March 2018.
DATA AND INFORMATION
The reporting boundary of the data presented in the Report relates to the Companies fully consolidated (using the line-by-line method) in the consolidation area used for the consolidated financial statements. Where this is unavailable, it refers to the scope specified.
The information and data mainly refer to the year that ended on 31 December 2017.