Atlantia has embarked on a process of increasingly integrating financial and non-financial reporting, resulting in the replacement of the previous two documents, the Annual Financial Report and the NFS, with the Group’s first Integrated Annual Report for 2020. The new Report aims to provide to its large network of stakeholders with a single document that gives a transparent, detailed presentation of the Group’s overall performance, the operating environment, strategies, the main risks to which the Group is exposed and the corporate governance system and remuneration policies.

The document clearly explains Atlantia’s strategic guidelines and the new sustainability plan. The latter was drawn up following a structured internal consultation process, involving the active participation of the Board of Directors, the management teams at Atlantia and the Group’s principal subsidiaries, and external engagement with investors, ESG rating agencies, academics, companies from the sector, experts and policymakers. As part of this process, Atlantia also reviewed the Company’s materiality matrix in order to more accurately define the priorities on which to base our long-term commitments.

Atlantia’s Integrated Annual Report also meets the requirements of Legislative Decree 254/2016, which has transposed Directive 2014/95/EU on non-financial reporting into Italian law. The Report thus includes a specific section called Non-financial Statement (“NFS”) drafted in compliance with the guidelines of the Global Reporting Initiative (GRI Standard).

Atlantia is committed to make material information available to stakeholders for them to understand our strategic approach to sustainable business practices. To this end,  we continuously increase the transparency and connectivity of information regarding our strategy, business model, approach to risk management, governance, financial performance and ESG practices and performance via the adoption of an integrated annual reporting, starting from FY 2020.

With the aim to further promote a constructive and direct dialogue, we commit to publish in 2021 a reconciliation table to map existing reporting to the relevant SASB metrics for our industry.

Annual integrated report 2020 Scarica il pdf

Explore online the new Remuneration Policy 2020

 

ENVIRONMENTAL DIMENSION - 2020 IMPACT

Climate change
14.5 GWh
+3% energy produced from renewable sources vs. 2019
21%
of purchased electricity comes from renewable sources (15% in 2019)
303 k/ton CO2
-11% of absolute emissions (scope1+2) vs 2019;
-12% of carbon intensity (2015-2020)
-30% of carbon intensity (2014-2019)
More than 62,000 ton of CO2 avoided since 2015 through investments in renewables and energy efficiency
Circular economy
1.4 mln/ton
materials reused or sent to recycling processes in 2020
90%
Average waste recovery rate in the 2015-2020 timeframe
75%
waste recovery rate in 2020 (down from 87% in 2019)
Environmental footprint
54%
of revenues covered by environmental certification ISO 14001 (down from 65% in 2019)
Water 853 m3/€mln
up from 635 m3/€mln
-4% overall use of water
 

SOCIAL DIMENSION - 2020 IMPACT

Training
18 hours
of training on average per employee in 2020 vs. 17 in 2019
Diversity
25.6%
Women in key positions
16%
Women in executive positions
Safety
13.9
accident frequency rate vs 15.6 in 2019
-28%
reduction of accident frequency rate in the last 5 years (2016-2020)
Shared value
9.2bln
direct economic value created
16 mln
to support communities
10,840
employees owning shares, approx 35% of group’s total workforce
 

GOVERNANCE DIMENSION – 2020 IMPACT

Key Aspects:

73% of Board members are independent

47% female representation on Board of directors

Board Committees fully composed by independent members

Adoption of Italian Corporate Governance Code

Policy on maximum number of offices implemented

Newly established Committee of the Board in charge of sustainability

Mid-term ESG plan with clear targets adopted

Human resources and remuneration Committee of the Board extended scope to include nomination

Remuneration guidelines for operating subsidiaries issued and Remuneration Committee established in the main operating subsidiaries

Adoption of new Ethical Rules of Conduct and Policy on Disciplinary Actions, Suspension, and Termination of Employment

Adoption of Board rule of procedure

Revised rule of procedure for Board Committees

Further improvements planned in 2021

Succession planning for the CEO, executive directors and top management positions

Stakeholder engagement policy