In the letter to stakeholders that opens the report, Maximo Ibarra, CEO of Engineering, notes: “The 2022 Sustainability Report aims to tell how our commitment to ESG issues is now rooted in every aspect of our policies and procedures and will increasingly guide the our business decisions, in line with the sensitivity of our shareholders and the representatives of the Group’s corporate bodies”
The new Sustainability Report of Engineering, active in the digitalisation of company and PA processes, confirms the commitment to achieving environmental targets and the path to integrating ESG issues into company processes. The 2022 Sustainability Report, subjected for the second year to the review process by a third party, Deloitte, was drawn up in compliance with the Gri (Global Reporting Initiative) standard.
In the Letter to Stakeholders that opens the Report, Maximo Ibarra, CEO of Engineering, notes: “The 2022 Sustainability Report aims to illustrate how our commitment to ESG issues is now rooted in every aspect of our policies and procedures and will increasingly guide the our business decisions, in line with the sensitivity of our shareholders and the representatives of the Group’s corporate bodies. The green transition is an essential challenge for society, governments and companies. Operators like Engineering, committed to digital transformation, represent a factor in accelerating sustainability processes for communities and business, especially with the advent of frontier technologies such as AI. Sustainability is not just a corporate responsibility, but a shared challenge in our value chain, which requires discussion with all Stakeholders, with whom we will collaborate even more closely in achieving common objectives. Also in 2024, Engineering will continue to be at the forefront of innovation policies, in the development of the most efficient transformation models, in the promotion of collaborations with the main operators in the sector, increasingly pursuing the ambition of being a strategic partner for development of the country”.
Among the main results reported for each of the three ESG parameters, the following are worth mentioning. In the Environmental area, Engineering recorded a 26% reduction in direct and indirect CO2 emissions in 2022, with 89% of electricity used from renewable sources. The Group has also started a sustainable procurement path and, from 2023, as part of the partnership with Open-es, as supply chain leader, Engineering monitors the ESG performance of its suppliers. Since April 2023, a project has also been activated to develop a decarbonisation strategy and plan for the Group’s companies at a global level, which involves the setting of emission reduction targets in line with the Sbti framework, Science-Based Target initiative, by 2024.
In the Social part, 2022 marked the launch of the 2022-2025 HR Strategic Plan for Engineering, which led among other things in 2023 to the definition of the new job architecture with the consequent simplification of roles and responsibilities and with defined and shared. 2022 also saw an increase in employees under 30 (+33% compared to 2021) and a focus on DE&I issues, which during 2023 made it possible to set the target of achieving female presence by 2025 at 35% ( currently the share of women is 31%). Also in the social sphere, important results were also achieved by the IT Management Academy, which with over 33 thousand days of training continued and expanded the upskilling and reskilling activity of its resources, also carrying out training courses designed for young people and for professional growth of women within the company.
Finally, for the Governance area, in 2022 the Group approved a new version of the Code of Ethics which strengthens oversight of the issues of human rights, equal opportunities and inclusion. Furthermore, the presence in sustainability networks was strengthened: the commitment within the Global Compact continued with participation in initiatives such as the Target Gender Equality Accelerator and the signing of the ‘Business Manifesto for People and Society’ of the Global United Nations Compact.