OUR COMMITMENT TO SUSTAINABILITY

Our Commitment to Sustainability

FNM places at the center of its strategy the search for a balance between competitiveness, sustainability and responsibility. The goal is to build a development model capable of combining business growth and financial soundness with environmental and social sustainability, creating lasting value for all stakeholders.

With the Strategic Plan 2024-2029, approved by the Board of Directors on November 18, 2024, the Group is moving toward innovative, sustainable and inclusive development, responding concretely to global competitiveness challenges.

Aware of its role in facilitating the country’s ecological transition and in a context where the population is increasingly concentrated in large metropolitan areas, FNM has defined a strategy that focuses on collective mobility, ecological transition and digitalization.

The Plan is based on two strategic pillars:

– Sustainable mobility, through the development of interconnected, advanced and digitized transport infrastructure that can ensure greater safety, accessibility and quality of services.
– Renewable energy, to promote an efficient, decarbonized energy system in line with national energy transition goals.

Among the most relevant environmental, social, and governance(ESG) goals to be achieved by 2029 are:

ENVIRONMENT AND CLIMATE

Adoption of a Transition Plan with targets of zero net GHG emissions by 2050
(e.g., 35% reduction in emissions generated by buses and corporate consumption [tCO₂eq vs. 2023])
Construction and operation of solar and wind power plants
(potential pipeline 700MW)
Hydrogen for mobility: 14 trains on the Brescia-Edolo line, 5 highway refueling stations, 3 hydrogen production plants and 4 distribution plants for rail use, producing ≈830 tons/year of hydrogen for rail mobility

OWN LABOR FORCE AND CONSUMERS AND END USERS

Adoption of a Policy for Diversity, Equality & Inclusion, consistent with the European agreement CER – Women in Rail
2 million square meters of areas affected by urban regeneration (FILI project)
25 km additional track in high concentration areas, benefiting service quality
1.5 million euros per km for investments referring to the safety of the highway network and 270 thousand euros per km for investments referring to the safety of the railway network

GOVERNANCE

50% procurement by 2029 to suppliers with ESG scoring, adopting a policy to define enabling requirements and ESG rewarding evaluation criteria, activating training of resources
Business Impact Analysis in business continuity management logic and on the path toward preparing Business Continuity Plans
1 bln € of financing with ESG characteristics(S-linked) of which 400 mln € aligned with EU Taxonomy

ENVIRONMENT AND CLIMATE

Adoption of a Transition Plan with targets of zero net GHG emissions by 2050 (e.g., 35% reduction in emissions generated by buses and corporate consumption [tCO₂eq vs. 2023])
Construction and operation of solar and wind power plants (potential pipeline 700MW)
Hydrogen for mobility: 14 trains on the Brescia-Edolo line, 5 highway refueling stations, 3 hydrogen production plants and 4 distribution plants for rail use, producing ≈830 tons/year of hydrogen for rail mobility

OWN LABOR FORCE AND CONSUMERS AND END USERS

Adoption of a Policy for Diversity, Equality & Inclusion, consistent with the European agreement CER – Women in Rail
2 million square meters of areas affected by urban regeneration (FILI project)
25 km of additional track in high concentration areas, benefiting service quality
1.5 million euros per km for investments referring to the safety of the highway network and 270 thousand euros per km for investments referring to the safety of the railway network

GOVERNANCE

50% procurement by 2029 to suppliers with ESG scoring, adopting a policy to define enabling requirements and ESG rewarding evaluation criteria, activating resource training
Business Impact Analysis in business continuity management logic and on the path toward preparing Business Continuity Plans
1 bn € of financing with ESG characteristics(S-linked) of which €400 m aligned with EU Taxonomy

For more details, you can download the Strategic Plan 2024-2029 at the following link.

Our stakeholders

The FNM Group promotes continuous, transparent and constructive dialogue with its stakeholders, actively involving all categories of stakeholders through dedicated engagement and listening initiatives.

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The opinions, expectations and instances gathered are shared regularly with the administrative, management and control bodies, helping to guide the Group’s strategic choices.

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A central role in this process is played by theDouble Relevance analysis, carried out in accordance with the provisions of the Corporate Sustainability Reporting Directive (CSRD), a key tool for ensuring that business decisions are consistent with the priorities and needs of different stakeholders, while strengthening the ability to create value in the long run.

Policies for Sustainability Management

The FNM Group has adopted a structured system of policies designed to ensure responsible and transparent management of sustainability issues.

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These documents set out a comprehensive framework of principles and measures aimed at preventing, mitigating and correcting potential impacts, as well as managing risks and enhancing opportunities related to the transition to a sustainable, inclusive and resilient business model.

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The following table summarizes the main policies adopted by the FNM Group to support an integrated approach to sustainability and long-term value creation.


Politica	Perimetro	Descrizione e obiettivi
Codice Etico e di Comportamento		Esprime gli impegni e le responsabilità etiche nella conduzione degli affari e delle attività aziendali e definisce l’insieme dei valori e dei principi, nonché le linee di comportamento, che devono essere assunte dagli organi di governo, dai dipendenti, nonché da coloro che intrattengono con il Gruppo rapporti di business.
Politica per la Sostenibilità del Gruppo FNM		Delinea l'impegno del Gruppo nell’integrazione dei fattori ESG in tutte le linee di business e nell’operatività, garantendo un connubio tra competitività e sostenibilità.
Politica per la Sostenibilità Ambientale del Gruppo FNM		Stabilisce gli impegni e i processi aziendali finalizzati alla tutela dell’ambiente e al contrasto al cambiamento climatico, nonché alla riduzione degli impatti diretti e indiretti generati dal Gruppo.
Politica Ambientale del Sistema di Gestione Ambientale (SGA)		Definisce i principi e gli impegni per la tutela ambientale, garantendo gli obiettivi di riduzione delle emissioni, l’uso efficiente delle risorse e la promozione dell’economia circolare.




Politica in materia di Diversità del Consiglio di Amministrazione di FNM S.p.A		Promuovono una governance eterogenea e qualificata, favorendo una rappresentanza equilibrata di genere e garantendo un processo decisionale arricchito da prospettive diverse.
Politica in materia di Diversità Collegio Sindacale FNM
Politica DE&I		In fase di approvazione.
Politica per la Diversità e la Parità di Genere		Implementa un sistema di gestione per la parità di genere a garanzia di un approccio sistematico volto al perseguimento del rispetto della diversità, dell’uguaglianza di genere e dell’equità, nel rispetto della norma UNI:PdR 125/2022.
Politica per la Diversità e la Parità di Genere		Sancisce l’impegno nella valorizzazione della diversità in tutte le sue espressioni e nell’implementazione di un sistema di gestione in accordo con la norma UNI/PdR 125:2022.
Politica di Salute e sicurezza		Definita da ciascuna Società e scaricabile sui rispettivi siti web, identifica misure e procedure per garantire elevate performance in materia di salute e sicurezza sul lavoro, sia all’interno che all’esterno del contesto aziendale.







Politica di Remunerazione e procedure per l'attuazione		Definisce le linee guida che tutti gli organi societari devono osservare per determinare le remunerazioni dei componenti dell’organo di amministrazione, del Direttore Generale e dei Dirigenti con responsabilità strategiche.
Politica Anticorruzione		Declina i principi e le regole da seguire al fine di vietare e prevenire il compimento di qualsiasi condotta corruttiva, conformemente al principio di “tolleranza zero”, integra misure di prevenzione e controlli per presidiare le attività, i processi e i rapporti con le terze parti identificate come a rischio di corruzione.