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



Climate change
14.5 GWh
+3% energy produced from renewable sources vs. 2019
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
Average waste recovery rate in the 2015-2020 timeframe
waste recovery rate in 2020 (down from 87% in 2019)
Environmental footprint
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


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


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


Key Aspects
Women in total workforce
Women in management positions in revenue-generating functions 1*
Women in STEM-related positions 2*
People in fragile categories (e.g. people with disability, refugees, etc.)

1 Line management roles in departments that contribute directly to the output of products or services (functions such as HR, IT, Legal, etc. are excluded)
2 Employees with a STEM (Science, Technology, Engineering, Mathematics) -related qualification, which make use of these skills in their operational position
*The data refers to the Sub-Holdings of Atlantia that are most significant in terms of revenue contribution, as of December 31, 2020 (please, see Integrated Annual Report, pg.55), i.e.: Autostrade per l’Italia Group, Aeroporti di Roma, Abertis Group, Aéroport de la Côte d'Azur and Telepass Group