Sustainability Report 2021

Page 54

2021 Sustainability Report

INNOVATION AND SUSTAINABLE FINANCE AS ACCELERATORS OF CHANGE INNOVATION Continuous, systemic innovation is a strategic driver for the Group’s strengthening of its leadership positions in the sectors in which it operates. Through innovation, the Group aims to offer increasingly higher quality services tailored to the specific needs of passengers, customers and other stakeholders. Innovation covers every link in the value chain, from design, to construction and maintenance and, finally, to the delivery of safe, integrated, made-to-measure transport services. Faced with a highly uncertain scenario dominated by the pandemic, the FS Italiane Group is even more compelled to rethink and reorganise its services and how it uses the infrastructure, making innovation an accelerator of change. The NRRP provided a huge stimulus by allocating considerable resources to the FS Italiane Group to build and design new railway infrastructure and upgrade existing infrastructure focused on sustainability, accessibility, digitalisation, resilience and interconnection.

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Ferrovie dello Stato Italiane will play a crucial role in Italy’s revival, not only in the amount of investments it will manage but also and above all in its ability to offer innovative solutions from a technical and sustainability point of view.

More specifically, the Group plays an active role in Horizon Europe, the EU’s key funding programme for research and innovation which helps to achieve the UN’s SDGs and boosts the EU’s competitiveness and growth.

At the end of 2021, the Group began work on drafting its new 20222031 business plan. In addition to putting the resources allocated by the NRRP to use, it will also give great impetus to making FS’ business more sustainable, digital and integrated.

In addition to activities performed with sector associations and European institutions, the Group was very active in interacting with innovative start-ups and SMEs: over 1,240 from 2018 to 2021. Specifically, while the 2018-2020 three-year period was dedicated to boosting the deal flow of innovative solutions from a quantitative viewpoint, in 2021 scouting was structured in a manner to improve the quality of potentially interesting innovative solutions, in order to increase the success rate of co-innovation projects rolled out as Proof of Concept (PoC).

The Group continues to be very active regarding research and innovation activities funded by the European Union through global consortia with over 100 partners including universities, research bodies, industry and sector operators. The portfolio of projects under way in 2021, chiefly focused on multimodal mobility, safety and aerospace technologies for monitoring infrastructure and signalling, received €72.8 million in EU funds over their lifespans, of which roughly €2.5 million allocated to the FS Italiane Group.

With regard to innovation and sustainability, the Group signed new partnerships with Snam, Eni, Enel and Sapio, focused on the transition to energy from alternative sources (hydrogen, biofuels, LNG, renewable sources), and with Acea


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Fondazione FS Italiane

10min
pages 224-233

Independent auditors’ report

5min
pages 274-278

Energy and operating segments

4min
pages 245-247

Promoting culture and other social initiatives

4min
pages 222-223

Welfare and diversity and inclusion

6min
pages 210-213

Health and safety

6min
pages 206-209

Recruitment and HR management

13min
pages 193-200

Encouraging, training and upgrading skills

7min
pages 201-205

Security, information security and privacy

7min
pages 186-189

Integrated logistic

3min
pages 168-171

Putting the needs of people and customers first

1min
page 140

Stakeholder engagement

12min
pages 124-139

Integrated management of risks and opportunities

16min
pages 111-123

ESG rating and other awards

5min
pages 104-110

Protection of human rights

3min
pages 102-103

ABC system

10min
pages 94-101

Sustainability governance

2min
pages 76-77

The 2022-2031 strategic and business plan

2min
pages 42-43

Corporate Governance

12min
pages 65-75

Letter to the stakeholders

8min
pages 8-11

The Group’s role in the mobility of the future

2min
pages 40-41

Transparency and business responsibility

2min
pages 62-64

Innovation and sustainable finance as accelerators of change

12min
pages 54-61

Introduction

10min
pages 12-19

Group activities through the lens of European Taxonomy

9min
pages 32-39
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