Sustainability Ratings and Awards

For the third year running, CDP (formerly the Carbon Disclosure Project) awarded Fincantieri a rating of A- (on a scale of measurement from D, minimum, to A, maximum), for its commitment to combating climate change and affirming its leadership on this issue as well. Moreover, CDP also awarded Fincantieri the A rating in the Supplier Engagement Rating (SER) ranking. This rating measures the effectiveness with which companies are involving their suppliers, again as regards climate change.

For the second year, Fincantieri was assessed by Sustainalytics, a Morningstar subsidiary that specializes in evaluating how effectively companies manage Environmental, Social and Governance (ESG) risks. The last score update obtained in June 2023 is of 17.4 points in the “Low Risk” band (scale 0 best, >40 worst), ranking 20th out of 572 companies evaluated in the Machinery basket.

Fincantieri’s last assessment in 2021 resulted in a score of 70/100, confirming the Company’s place in the “Advanced” range, the highest in Moody's ranking, an agency that assesses the integration of social, environmental and governance factors in sustainability. The next assessment will be carried out during 2023.

Fincantieri was assessed by S&P Global through the Corporate Sustainability Assessment (CSA) questionnaire, within the IEQ Machinery and Electrical Equipment basket, obtaining a score of 61/100 (58/100 in 2021), which was confirmed in the last update on June 16, 2023.

In 2022, Gaïa Rating, a French sustainability rating company, part of the EthiFinance group, updated its criteria for assessing the scores of the companies analysed based on the new methodology. With the new methodology, Fincantieri achieved an overall score of 70/100 in 2022.

Fincantieri confirmed its position among the “Leader” companies assessed through the Integrated Governance Index (IGI) 2023, promoted by EticaNews. IGI is a quantitative index developed on the basis of a questionnaire given to leading Italian companies with the aim of measuring the degree of integration of ESG factors in corporate governance and identity. In 2023, 98 companies joined the project, which is now in its eight year.

Fincantieri won the 'Special Award for the Consolidated Non-Financial Statement' of the 2022 “Oscar di Bilancio”, now in its 58th edition. The award, organized by the Italian Public Relations Federation (Ferpi) and promoted together with Borsa Italiana and Università Bocconi, recognizes the best companies in terms of reporting activities and attention to stakeholder relations. The motivation for the awarding commission’s decision acknowledges Fincantieri's submission of a Consolidated Non- Financial Statement (NFS) “characterized by an adequate and balanced coverage of all areas of sustainability reporting, highlighting the desire for transparent communication in favour of the different categories of stakeholders. A very comprehensive DNF overall in which targeted objectives are precisely identified, with a particular focus on the environment and social issues".

For the fourth consecutive year, Fincantieri has been recognized as one of the 'Most Attractive Employers in Italy' in the survey by Universum, a Swedish company that certifies the most attractive companies for university students and professionals, reinforcing its leadership ahead of numerous industrial companies. Fincantieri was awarded first prize for the Manufacturing, Mechanical and Industrial Engineering sector in the Universum survey dedicated to young Science, Technology, Engineering and Mathematics (STEM) professionals (people with a seniority of up to 5 years) and was awarded second place in the ranking dedicated to STEM students.

Fincantieri has received from the Top Employers Institute the 'Top Employers Italia 2022' certification, official recognition of the company's excellence in HR policies and strategies and their implementation to contribute to people's wellbeing, improve the working environment and the world of work. This certification is awarded to companies that achieve and meet the high standards required by the HR Best Practices Survey. The Survey covers 6 macroareas in HR, examines and analyses in depth 20 different topics and the respective best practices including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity&Inclusion, Wellbeing and many others. According to Top Employers, Fincantieri has proved it cares about the wellbeing of its people, and has committed itself to improving working conditions, thus contributing to the collective improvement of the world of work.

In 2022, the Shipbuilders Council of America (SCA) awarded the Excellence in Safety Award to Fincantieri Marinette Marine and the Improvement in Safety Award to Fincantieri Bay Shipbuilding (Sturgeon Bay) for health and safety at the two shipyards. Fincantieri Marinette Marine also received the Excellence in Safety Award.