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 challenges of the future.
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.
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
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.
Discover moreTake a deeper look at our activities
FY 2022
Annual Report GRI referenced on the subsidiaries' perimeter.
- 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 internal awareness.
FY 2023
Annual Report GRI in accordance.
- 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 first comprehensive info for stakeholders.
FY 2024
Annual Report GRI in accordance with an extended perimeter.
- 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 Management of targets.
FY 2025
Annual Report fully respondend to CSRD with third party assurance.
- Adoption of ESRS standards;
- Monitoring ESG targets and actions;
Annual Report with ESG data assurance.
"Since 1857 Fratelli Cosulich has been a family owned Company: innovation has always been 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. We are focusing on understanding our impacts, setting targets and ensuring adequate progress towards a sustainable business model.
We are committed to engage with all internal and external stakeholders to define an ambitious plan that encompasses all different sectors and regions where we operate and I am confident we will succeed in this strategic, collaborative and challenging journey!"
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