We are dedicated to constructing and delivering a sustainable future wherever we operate. Prioritizing the enhancement of our ESG plan and the attainment of our ESG targets is of utmost importance to us: they represent the compass we will use to steer our Group towards the challanges of the future.

Sustainability policy

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Sustainability shall steer every action, process, and decision to continuously shape a more resilient, inclusive, and environmentally conscious Group. Fratelli Cosulich believes in a holistic and integrated approach, consistently aligning its business practices with sustainable principles. Our aim is not only to contribute to positive environmental and social outcomes but also to cultivate long-term business resilience.

This commitment is demonstrated by our efforts not just to comply with all laws and regulations but also to exceed legal requirements where possible, showing our dedication to going beyond minimum standards. We are aware of the challenges ahead, but we remain confident in our ability to combine financial results with a sustainable approach.

In this regard, the Group’s five key values serve as a compass, guiding us to play a pivotal role in the fields and sectors in which we operate.

Sustainability policy

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ENVIRONMENTAL ACTION

Decarbonization in Ship Building and Management

Transition towards New Marine Fuels

Scope 1 and 2 GHG Emissions & Energy Efficiency Initiatives

Supply Chain Collaboration and Scope 3 Reporting

Waste & Water Management

Pollution Mitigation

SOCIAL RESPONSIBILITY

Talent Attraction & Retention

People Development

Health and Safety

Welfare

Diversity, Equity & Inclusion

Supply Chain Management

Customer Satisfaction

Community Support

Human Rights Protection

GOVERNANCE

Ethical Business & Transparent Communication to Stakeholders

ESG Governance

E-Governance

ESG PLAN

We gather the Group's material topics in our ESG Plan, where we define our targets, KPIs, and related owners as a result of the collaboration and alignment between the Board of Directors, the ESG Committee, and the ESG Team.

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Take a deeper look at our activities

FY 2022

Annual Report evolutions
Annual Report GRI referenced on the subsidiaries' perimeter.
ESG activities
  • Creation of ESG internal awareness training sessions for all ESG Focal Points;
  • Identification of reporting perimeter and progress;
  • Collection of basic ESG data;
  • Implementation of an online tool to support the assessment of ESG performances;
ESG main outcome
ESG internal awareness.

FY 2023

Annual Report evolutions
Annual Report GRI in accordance.
ESG activities
  • Materiality analysis and subsequent definition of an ESG Plan;
  • Creation of an ESG Committee to support the implementation of the ESG Plan;
  • Support and advice for affiliated Companies on creating an ESG Reporting Roadmap;
ESG main outcome
ESG first comprehensive info for stakeholders.

FY 2024

Annual Report evolutions
Annual Report GRI in accordance with an extended perimeter.
ESG activities
  • Double materiality analysis to further define financial impacts on (and of) all material topics;
  • Stakeholder engagement activities to further inform Materiality Analysis and to assess the relevance of different topics for our stakeholders;
ESG main outcome
ESG Management of targets.

FY 2025

Annual Report evolutions
Annual Report fully respondend to CSRD with third party assurance.
ESG activities
  • Adoption of ESRS standards;
  • Monitoring ESG targets and actions;
ESG main outcome
Annual Report with ESG data assurance.
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"Since 1857, Fratelli Cosulich has been a family-owned company: innovation has always been at the core of our growth. We are very aware that today we are accountable for the transition needed to ensure a prosperous future for all coming generations, and I am confident we will succeed in this strategic, collaborative, and challenging journey!"

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