Sustainability Reporting
The FNM Group’s commitments in the area of Sustainability guide the contents of the report on the basis of strategies and results achieved in the short, medium and long term.
This responsibility is reflected in the integration of economic, social and environmental aspects into decision-making processes and the increasingly robust measurement of progress and results.
On March 24, FNM’s Board of Directors approved the Sustainability Reporting Report for the year 2024, for the first time integrated into the Management Report and prepared in accordance with the European Sustainability Reporting Standards (ESRS), following the requirements of the Corporate Sustainability Reporting Directive (CSRD).
The scope of environmental, social, and governance data appears to be the same as in Consolidated Financial Statements 2024, including all operating entities and also considering the activities carried out along the value chain.
Reporting contains information on the company’s management and organizational methods, the policies practiced, the risks and how they are managed, and the performance on commitments and opportunities taken by the Group.
Double materiality
For the FNM Group, the Double Relevance analysis represents an important tool for guiding the sustainability strategy, as well as for defining the contents of Sustainability Reporting.
The Group has adopted a two-way approach through which it has evaluated corporate governance and how it manages Sustainability issues: how they affect a company’s financial performance and its long-term value(financial materiality-Financial Materiality) and what effects the company causes on society and the surrounding environment(Impact Relevance- Impact Materiality).
Highlights
Environment
- The Group aims to enhance its multimodal offering, integrating rail, bus and highways, in order to improve accessibility and service quality, while reducing environmental impact. With this in mind, FNM will further invest in modernizing the regional rail network, consolidating its position in local rail service in Lombardy through the renewal of infrastructure and the purchase of new, higher-performance trains, some of which are hydrogen-powered, and in freight logistics.
Social
- The Group is committed to the positive contribution to employee well-being and work-life balance through welfare, training and development initiatives and the enhancement of an inclusive environment. It is active in fostering a constructive relationship with affected communities, actively involving them in the development of projects on the territory and in an ongoing dialogue with users and end users.
Governance
- The FNM Group is committed to strengthening good business conduct in the areas of anti-corruption, taxation and risk management, as well as enhancing transparency within its supply chain.
