2021 SUSTAINABILITY REPORT
FERROVIE DELLO STATO ITALIANE GROUP
The NRRP and developing transport for Italy (203-1, 203-2) This current period will likely be remembered as one of the toughest in recent history, with two financial crises and a global public health emergency that caused millions of deaths along with terrible consequences for the economy, employment and production of all countries, upending every aspect of our lives and, as described earlier, disrupting the mobility system. Reluctance to travel to work and greater scrutiny of health and safety among the population, deurbanisation, less spending power and greater inequality, widespread digitalisation in all areas from daily life to smart cities, and greater awareness of creating inclusive and equal social value. These are just some of the effects and new trends provoked by the pandemic. As a result, the cornerstones of future recovery need to be upgraded and the FS Italiane group is steering its strategy towards a new model that will turn disruption into opportunity. Thanks to the NextGenerationEU extraordinary fund 19 approved by the European Council in July 2020, we now have tools to help tackle and overcome these difficulties. In the words of the President of the European Commission Ursula von der Leyen, the goal of the plan is to “not only repair and recover for the here and now, but to shape a better way of living for the world of tomorrow”. The “Italia Domani” National Recovery and Resilience Plan (NRRP) set up to implement the NextGenerationEU plan will mobilise over €191.5 billion. This will give Italy the opportunity to turn the page and overcome the economic and social impacts of the pandemic to build a new fairer, greener, more inclusive country. The FS Italiane group has been called to play a crucial role in defining and implementing the NRRP. To date, €25.2 billion of the funds provided by the NRRP and the Complementary Fund have been allocated to FS Group companies in their role as implementers. Specifically, roughly €24.6 billion of funds earmarked for Mission 3 “Infrastructure for sustainable mobility” has been allocated to the Group, including €23.96 billion to RFI investments.
Mission 3: Infrastructure for sustainable mobility Upgrade and expand the national high speed railway network and enhance the regional railway network, especially in the south. Upgrade freight transport services using an intermodal approach regarding the airport network. Foster the optimisation and digitalisation of air traffic.
19
Also known as the Recovery Fund.
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