Sustainability

G-Governance

Governance is the foundation of the FNM Group‘s sustainability strategy, ensuring transparency, ethics, and integrity in every decision-making process.
Through a robust corporate governance system aligned with ESG principles, FNM promotes accountability in management, fairness in behavior, and the creation of sustainable value for all stakeholders.


The Corporate Governance system is the foundation of the business model, contributing significantly to the achievement of the company’s results and supported by a specific governance system dedicated to sustainability.

Over the years, FNM has constantly adjusted its corporate model, moving towards best practices and basing corporate management on the principles of ethics, integrity and transparency.

FNM is a signatory to the United Nations Global Compact, the initiative that promotes the adoption of universal principles on human rights, labor, the environment, and anti-corruption. Through its participation in the Global Compact, FNM is committed to integrating these principles into its strategy and operations, contributing to the Sustainable Development Goals (SDGs) and promoting a business model based on ethics, transparency, and shared progress.

Governance

The FNM Group is committed to strengthening Sustainability Governance by ensuring corporate integrity and ethical business conduct, both key elements for guaranteeing a transparent and responsible management model. In line with the Strategic Plan, the Group is also looking toward ESG Finance initiatives.

ESG Governance

  • Social and Ethics Committee with specific ESG-related roles and responsibilities
  • Sustainability and DE&I Committee to support the integration of ESG issues into business operations and corporate processes
  • Integration of remuneration metrics with predetermined and objectively measurable targets, including ESG-related ones

Digital Platforms

  • Flexymob: service aggregation for companies and events
  • BusForFun: integrated ticketing + transport for events
  • SportIT and Mbilit platforms
  • Reduction of waste (empty vehicles) and lower emissions

Venture Capital

  • Investments in start-ups such as SportIt, BusForFun, Mobility
  • Integration of innovative solutions within the core business
  • Participation in the Corporate Partners I Fund of CDP Venture Capital Sgr

ESG Finance

  • Sustainability-linked loans and financing aligned with the EU Taxonomy
  • Regulated businesses ensuring revenue stability and predictability
  • In the renewable energy sector, access to FER incentive mechanisms and the use of PPAs for energy sales

True Value

  • Analysis of the impacts generated and returned to the community
  • Assessment of the value generated along the value chain, both upstream and downstream
  • Adoption of metrics that measure and demonstrate how investments translate into concrete benefits for all stakeholders

1.

The Governance System

The Group has developed a multi-level sustainability governance structure, from the Board of Directors to the most operational figures. The CSR Sustainability function plays a coordinating role and the ESG Representatives form the network responsible for implementing the initiatives.

2.

Sustainability Management Policies

To strengthen the internal control system, and in line with the increasing use of digital and automated solutions, the FNM Group has also adopted the Artificial Intelligence Regulations, which govern the adoption and use of AI systems and models within Group companies.

3.

Supplier Relations and the ESG Approach

The Group’s procurement activities are aimed at ensuring transparency, regulatory compliance and adherence to high ethical standards throughout the supply chain. Where applicable, environmental and social certifications are given due consideration in tender procedures, together with the adoption of clauses designed to promote employment continuity.


In the 2024–2029 Strategic Plan, the Group also plans to integrate ESG criteria into supplier selection through a dedicated scoring system, supported by training for internal stakeholders and designed to reward suppliers meeting the relevant criteria. The objective is to ensure that, by 2029, 50% of contract award procedures take ESG criteria into account.

4.

ESG Finance

Financial strength is a pillar of the FNM Group’s sustainability and long-term growth strategy. In 2025, the Group signed a €1 billion sustainability linked loan, which includes a green tranche dedicated to the development of projects with high environmental value.


The deal, which extends the average debt maturity to 2032, strengthens the Group’s financial structure and supports a predominantly regulated business model characterized by adequate returns on invested capital and responsible and sustainable resource management.

certifications

Management systems and certifications

The FNM Group continues its commitment to the implementation, certification and maintenance of Management Systems adopted on a voluntary basis, with the aim of continuously improving its performance and ensuring compliance with relevant international standards.

The following table provides an overview of the areas of certification related to the Management Systems adopted by the various Group companies.

For more information on certifications refer to Accredia’s database

Visit Accredia’s database

Contacts

Talk to the Sustainability Team

For any requests, information, questions, comments or suggestions regarding the Group’s Sustainability activities, our team is at your disposal.

Go to Contacts

Dissemination of regulated information

For the transmission and storage of Regulated Information, the Company utilizes the eMarket SDIR dissemination system and the eMarket STORAGE mechanism—available at www.emarketstorage.com—both of which are managed by Spafid Connect S.p.A., with its registered office at Foro Buonaparte 10, Milan.

Dissemination of regulated information

For the transmission and storage of Regulated Information, the Company utilizes the eMarket SDIR dissemination system and the eMarket STORAGE mechanism—available at www.emarketstorage.com—both of which are managed by Spafid Connect S.p.A., with its registered office at Foro Buonaparte 10, Milan.