For us, a company is sustainable when it generates value with the future and not just the present in mind, namely when it also generates value for those who come after us. To do this, we work so that every person in the Group understands the value of being sustainable and reflects in their everyday work the fundamental principles of social responsibility, undertaking and contributing to satisfying the stakeholder expectations today and tomorrow, creating a virtuous cycle that generates synergy and shared, proactive commitment.
Sustainability is not just an opportunity but a duty and a real mission to represent a model of excellence in the world.
Being sustainable means constantly improving health and safety in the workplace, developing technological innovation, promoting a responsible supply chain, maintaining customer satisfaction and trust, engaging with local communities by supporting them and, last but not least, reducing environmental impact by helping to combat climate change. This is all with the aim of finding a tomorrow that is better than today.
As a sign of our commitment and the importance of increasing integration of sustainability in our strategic choices, in 2019 we joined the United Nations Global Compact, the most wide-ranging business sustainability initiative in the world.
This is a voluntary initiative to adopt ten universal principles related to human rights, labour, the environment and the fight against corruption, which promote the values of sustainability in the long term through political actions, business practices and social and civil behaviour.
The Global Compact principles are universally shared and accepted, as they are based on the: the Universal declaration of Human Rights , the Declaration on Fundamental Principles and Rights at Work, the Rio Declaration, and the United Nations Convention against Corruption.
THE 10 PRINCIPLES OF THE GLOBAL COMPACT
Businesses should support and respect the protection of internationally proclaimed human rights within their respective spheres of influence; and
make sure they are not complicit, even indirectly, in human rights abuses.
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
the elimination of all forms of forced and compulsory labour;
the effective abolition of child labour; and
the elimination of all forms of discrimination in respect of employment and occupation.
Businesses should support a precautionary approach to environmental challenges;
undertake initiatives to promote greater environmental responsibility; and
encourage the development and diffusion of environmentally friendly technologies.
Businesses should work against corruption in all its forms, including extortion and bribery.
The Communication on Progress - COP are the tool through which the companies that have joined the Global Compact constantly inform their stakeholders about the activities implemented and the results achieved in this regard.
We have chosen to publish the Communication on Progress within the Sustainability Report through the use of a reconciliation table.
We are also committed to contributing to the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda for Sustainable Development, approved by the General Assembly in 2015.
These are common sustainable development goals for today's complex social challenges. These goals are an important reference for the international community and for Fincantieri in conducting its business.