Fincantieri SpA

Lobbying Governance

AI Extracted Evidence Snippet Source

###### G1-5 – Political influence and lobbying activities\n\nThe Fincantieri Group's position on sustainable growth and the appropriate balance between market and territorial needs makes the Corporate National Institutional Affairs Department and the Corporate Defence International Institutional Affairs Department responsible for and promotors of cooperation between the various institutional levels, combining the Company's industrial mission with its economic and social mission.\n\nThe Group aims at institutional dialogue through continuous engagement with central institutions, such as Government, Parliament and Public Administration, with Military Institutions, Defence Bodies and International Bodies in the naval field, and with local institutions, in order to represent company interests and promote shared socio-economic development projects in the interests of the wider community. Institutional activities are essential to the coordination and development of relationships with all national and international administrations, including in the Defence sector, in order to support the Group's Departments, Divisions, Subsidiaries and Joint Ventures in their internationalization activities.\n\nBased on a corporate institutional strategy designed to achieve the objectives of the Business Plan, taking into account the evolution of the political, institutional, domestic and international scenario, each year the corporate structures in charge of institutional relations propose to the Chief Executive Officer for approval a Strategic Plan for the activities under their respective areas of responsibility, in which they identify the strategic objectives, plan the actions to be undertaken, define the targets and the verification and monitoring tools valid for the Group and the subsidiaries and investee companies. Based on any changes in the political and regulatory environment, it is constantly updated in order to better tailor the strategy to the relevant institutional environment.\n\nWith an approach based on constructive dialogue and securing a benefit for all parties involved, both national and local, the Fincantieri Group believes it is important to provide information on its operations and their social and economic impact. Active participation in national and international associations serves the interests of the sector and is also essential due to opportunities that arise from associative dialogue in terms of proposals and solutions, both for the area of competence and for sustainability.\n\nGroup relations at the European level are similarly ensured by the European Union Office based in Brussels. Activities involve strengthening the structured dialogue with the relevant institutional stakeholders and the representation of the company's interests both within associations and at European bodies (in particular at the European Commission, the Council of the European Union, the European Parliament and the European Defence Agency) with the aim of creating value for the Company.\n\nThanks to its constant dialogue with institutional partners, Fincantieri is a well-established stakeholder at the European institutions and participates in the definition of European policies of interest to the Company through specific contributions at the various stages of regulatory drafting.\n\nIn fact, the topics on the European political agenda impact the directions for development of the Business Plan, considering, moreover, that the rules and aid of the Italian institutions derive from the European authorization and regulatory framework to which they relate and benefit from the financing procedures authorized and governed by the European Union. These include the decarbonization, sustainability and competitiveness strategies of the European Green Deal and digitalization and innovation, initiatives relating to international trade and the resilience of European industry, the opportunities related to the energy transition, green finance, sustainable corporate governance and due diligence, research and innovation programs, and European common security and defence issues.\n\nAs part of its institutional relations strategies, the Fincantieri Group evaluates the need to make use of specialist agencies and consultancy firms in the field of public affairs. This partnership, after communication to the competent structures for institutional relations at the European and international level, represents a strategic support for the Group's activities.\n\nParticularly in North American markets (USA and Canada), where the use of such companies is an established practice, the strategic advice and operational support provided is of fundamental importance.\n\nThe main activities carried out by these agencies consist of:\n\n**Advocacy:**\n\n- Development of advocacy strategies: definition of strategic plans to promote the Group's interests, identifying targets, key messages and effective tactics.\n\n- Organization of awareness-raising campaigns: running of campaigns to inform the public and influence the debate on issues relevant to the Group.\n\n- Creation of strategic coalitions: building alliances with other organizations and interest groups to strengthen the Group's influence.\n\n**Lobbying:**\n\n- Qualified representation of interests: representation of the Group's interests to political decision-makers, supported by arguments and solid data.\n\n- Information and persuasion activities: provision of accurate and relevant information to political decision-makers, with the aim of promoting decisions in line with the interests of the Group.\n\n- Active participation in public consultations: participation in parliamentary consultations and hearings, submitting proposals and observations.\n\nIn short, these agencies act as qualified intermediaries between the Fincantieri Group and public institutions, providing essential expertise and resources to effectively and transparently influence public policy.\n\nIn line with the company's commitment and ambition in these areas, in 2024 Fincantieri confirmed its commitment to chair the maritime segment of the Renewable and Low-Carbon Fuels Value Chain Industrial Alliance launched by the European Commission. Within this framework, several initiatives were organized to promote the work of the Alliance at the national and international level, the launch of the relevant pipeline of industrial projects, and the organization of activities to facilitate business "matchmaking". The Alliance aims to promote the availability and use of this type of fuel for the entire maritime sector, contributing actively to the decarbonization of this important ecosystem and to the 2030 and 2050 emissions reduction targets.\n\nFincantieri also plays a leadership role in the context of the EU Defence industry, an activity further reinforced by its chairmanship of SEA Naval, the European shipbuilding forum that also aims to make sustainability contributions to the development of the green energy and security sectors. In 2024, Fincantieri actively contributed to the drafting of the SEA Naval White Paper on Underwater, particularly focused on the protection of critical underwater and energy infrastructures.\n\nParticipation in various institutional round tables and expert groups also took place, dedicated, among other objectives, to the extension of circular economy policies to the naval sector by contributing to the activities of the expert group (Project Circle) "Sustainable Ecodesign" within the Incubation Forum for Circular Economy in European Defence promoted by the European Defence Agency.\n\nAlso relevant is the contribution to participation in European collaborative Defence programs and the dialogue with the diplomatic and national Defence section at NATO.\n\nThe department's activities also involved supporting the identification of European programs and funding opportunities relating to the civil and naval sectors in liaison with the relevant corporate departments and functions and the Group's subsidiaries.\n\nAll activities at EU level are carried out in accordance with the requirements of the European Transparency Register which includes Fincantieri with number 095079912436-63.\n\nDuring the 2024 year, the Group made a direct financial contribution to a political party operating in the United States. The amount of this donation is below the euro 10,000 threshold.\n\nIt should be noted that one member of the Board of Directors has held a control role comparable to their current role at three public administration entities. Similarly, a member of the Board of Statutory Auditors served as auditor at a public service entity.

https://www.fincantieri.com/globalassets/investor-relations/bilanci-e-relazioni/2024/fincantieri-annual-report-2024-versione-in-formato-pdf-volontaria.pdf

The relationship and dialogue with communities and institutions is managed at Parent Company level through the Corporate National Institutional Affairs department. [...] Group relations at the European level are ensured by the European Union Office through the Brussels Representative Office. Our activities involve strengthening the structured dialogue with the relevant institutional stakeholders and the representation of the company's interests both within associations and at European bodies (in particular the European Commission, the Council, the European Parliament and the European Defence Agency) with the aim of creating value for the Company. Thanks to our constant dialogue with institutional partners, we are a well-established stakeholder at the European institutions and participate in the definition of European policies of interest to the Company through specific contributions at the various stages of regulatory drafting. [...] All activities at EU level are carried out in accordance with the requirements of the European Transparency Register which includes Fincantieri.

https://www.fincantieri.com/en/sustainability/social/institutional-relations/

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The relationship and dialogue with communities and institutions is managed internally at the Group level, through the Public Affairs - Central and Local Administration Relations, and the Brussels Representative Office that follows European institutional affairs.
These functions represent:
- The Group's direct line with national and European institutions and public administrations, through which attempt to convey all the requests coming from and to the territories;
- Fincantieri and all its associated companies in Parliament, the Government and national and European institutions, whose actions may have direct or indirect repercussions on the company, through symmetrical relationships with their interlocutors.
Fincantieri has built a process based on mutual trust, presenting the Group's point of view towards the positions of the public decision-maker, supporting our theses, also through the development of position papers always supported by a legal-regulatory, scientific and economic foundation.
In particular, relations at the European level are guaranteed by the Fincantieri Office in Brussels, whose activities are aimed at strengthening the institutional dialogue and with stakeholders and the representation of corporate interests directly with the interlocutors of the European institutions, and in the associative sphere.
There are numerous themes on the European political agenda of reference, among which the decarbonization strategies defined in the EU Green Deal, the initiatives relating to the internal market and international trade, environmental, energy and sustainable mobility policies, corporate governance and green finance, the digital transition and research and innovation programs, as well as the themes of European security and defense.
The company also plays a leadership role in the context of the EU defense industry, thanks to the recent appointment to the Presidency of SEA Naval, the European shipbuilding forum, with the aim of providing sustainability contributions also for the development of segments of green energy and security.

CDP Questionnaire Response 2022