Human Rights, Diversity & Inclusion

We adopted the Policy on Human Rights – Commitment for the respect of human rights and diversity. This document, approved by the Board of Directors, confirms our commitment to human rights defense as declared in the Code of Conduct, the Charter of Sustainability Commitments and the Sustainability Plan. We are committed to respecting the four International Labour Organization (ILO) core labour standards, as set out in the Declaration on Fundamental Principles and Rights at Work:

• freedom of association and the effective recognition of the right to collective bargaining;
• the elimination of all forms of forced or compulsory labour;
• the effective abolition of child labour;
• the elimination of discrimination in respect of employment and occupation.

The Policy represents Fincantieri's public commitment to adopt and share a collective awareness about human rights as defined in the principles reported in the document.

The Policy contains a focus on Diversity and Inclusion, strategic factors for the Company competitive advantage and people development, on which the Company is investing.

Over the last few years, we have started a process to develop a Corporate Diversity & Inclusion (D&I) model with the aim of enhancing every element of diversity as a source of enrichment and growth for the organization, starting from people, with their experiences, characteristics, backgrounds and skills, who represent our strength and our value as individuals and as part of the Group.

Starting in 2020, we have involved the network of internal facilitators in a specific training and information process which is oriented towards the informal dissemination of positive behaviour models and the activation of a widespread listening system on the subject.

The Make a difference! project was launched in 2021. The first step was the administration of a survey, which involved Group employees based in Italy, Norway, Romania and Vietnam, amounting to 86% of the workforce. The purpose of the survey was to measure the level of people’s awareness of diversity and equal opportunities and identifying priorities in these areas, in order to build a plan of actions and initiatives to be implemented.

The evidence that emerged from the survey allowed us to define a Group Action Plan aimed at fostering the development of a single corporate culture on D&I, which includes specific actions and initiatives dedicated to those issues identified as “needing improvement”. The Action Plan is broken down into 5 categories:

During 2022, the initiatives of the project focused on the following themes:

• Inclusive language and writing
• Biases and stereotypes
• Inclusive leadership
• Gender diversity
• Parenthood and motherhood
• Cultural diversity
• Disabilities

The Vard Vung Tau company in Vietnam and some Italian companies such as Fincantieri Infrastructure, Fincantieri Infrastructure Opere Marittime, FINSO, SOF and Fincantieri NexTech have the SA 8000 (Social Accountability) certification, an international standard aimed at certifying certain aspects of company management pertaining to corporate social responsibility. The model guarantees a virtuous process aimed at ensuring the continuous respect of human rights.

We respect the dignity of everyone and we offer equal opportunities to all our employees, refusing every form of discrimination based on ethnicity, color, gender, age, disability, sexual orientation, political or religious opinions, nationality and social origin. We recognize that diversity, at all levels, is a value to be cultivated in our organization in order to consolidate our aim to "put people at the core" and better address the challenges posed by the global market.

Fincantieri operates in a global context in which different nationalities contribute to nurturing an ever more open corporate culture. We recognize the value of this context and we cultivate it with recruiting and job rotation policies aimed at promoting the sharing of know-how and best practices, as well as the integration and inclusion of people.

In terms of gender diversity, the Group has recorded an increase in the number of women employees in recent years, although there are objective conditions related to the typical characteristics of shipbuilding.

We are constantly working to promote the insertion of people with different physical and psychological abilities, in line with the characteristics of shipbuilding and the risk profiles associated with the industry. 553 people with disabilities work in the Fincantieri Group.

Age diversity also plays an important role and is a value for our Company. This is because constant dialogue between people from different age groups combines different experiences, helping the Group to grow and improving its capacity to compete in the market.