Sustainability at the core - Falck
Sustainability at the core | Il nostro valore condiviso 2020
SUSTAINABILITY AT THE
CORE
REPORT 2020
SUSTAINABILITY
AS A GUIDE
La durabilité guide naturellement tous les domaines de notre activité. La durabilité est pour nous ce qui définit l'espace dans lequel nos orientations stratégiques sont élaborées et nos activités mises en œuvre. Nous sommes guidés par une stratégie durable.
Nous entendons poursuivre notre mission de facilitateurs de croissance durable pour nos partenaires, nos clients et les autres parties prenantes, grâce à un modèle commercial unique qui s'articule autour des trois valeurs fondamentales que sont l'innovation, la compétence et le souci de notre planète.
C'est sur cette base - industrielle, éthique et sociale - que nous sommes prêts à apporter une contribution tangible au développement durable mondial.
Le rapport de durabilité 2020 présente les résultats obtenus à ce jour.
HIGHLIGHT 2020

€ 170.2M
added value distributed to all stakeholders*

€ 200M
the value of the green bond issued with maturity in 2025

New business line dedicated to electrical storage
+
Green hydrogen partnership in Spain

7 PPAs
signed (of which 3 with a ten-year duration)

45%
of plants with a significant community engagement program**

€ 1.5M
funds paid to community benefit programs in countries of presence (of which € 202 thousand for the international COVID-19 program) for a total of 168 supported projects

€ 843 thousand
in interest paid in the United Kingdom to 3,622 subscribers of 7 cooperatives and a community ownership program

74%
of orders to local suppliers

569.8 thousand
tCO2eq GHG emissions avoided*** thanks to wind and solar energy

INTEGRATED AGRIVOLTAIC
project development adopted in Italy

550.17 tNOx
147.14 tSOx
235.26 tCO
7.3 tPM10

air pollution avoided thanks to total wind and photovoltaic power production****

CO2
footprint with a more accurate calculation of Scope 3 emissions (estimate of emissions associated to our value chain)

16,729
total training hours equivalent to individually 30.3 hours per year

Over 90%
of colleagues worked remotely, for an estimated total of 708.840 hours

5
women in the BoD (42%)

137
colleagues underwent performance evaluation


*To stakeholders such as employees, shareholders, providers of loan capital, central and local government and local communities.
**To be understood as the involvement of local communities through cooperative, ownership and benefit programs, as well as crowdfunding initiatives, or with the local enabling of sustainable energy consumption services (i.e., community energy PPA, access to net metering credit programs, etc.) for the benefit of communities or entities/institutions of public utility.
***References of the emission factors applied in this report: USA: “Emission Factors for Greenhouse Gas Inventories” (US EPA, 2020); EU: “Fattori di emission atmosferica di gas a effetto serra nel settore elettrico nazionale e nei principali Paesi Europei” [Atmospheric emission factors of greenhouse gases and other pollutants from the power sector] (ISPRA, 2020); Norway: “Electricity disclosure 2018” (NVE-RME, 2020 update). These factors are updated with respect to those applied in previous reporting. Performances and targets have been re-calculated accordingly.
****Emission factors for the production and consumption of electricity in Italy (updated to 2019 and preliminary estimates for 2020), published by ISPRA on TERNA data.
THE MATERIALITY MATRIX
he materiality analysis is an important part of our way of doing business, as it allows us to identify the sustainability issues on which to focus our commitment.

The 2020 materiality matrix is the result of what emerged through the involvement of external stakeholders, integrated with those findings collected within the company. The 12 identified material topics are all positioned in the highest relevance sector of the matrix.
THE SUSTAINABILITY FRAMEWORK
The Sustainability Framework (SUF), which is updated annually, delimits the space within which strategic business decisions are made, defines the risks tolerated by the business and draws up in industrial plan. Integrated with the Risk Appetite Framework (RAF), the SUF provides a combined framework of strategy and sustainability.



4 STRATEGIC SUSTAINABILITY GOALS
The SUF has enabled us to identify 4 strategic sustainability goals, one for each Capital that we use and transform with our business (economic and productive, social and relational, environmental and climate, human).

Within the Roadmap 2025, our Group's strategic industrial plan, we wanted to make sustainability commitments that could be measured, verifying progress with as many Key Performance Indicators (KPIs).
Economic and productive capital

€ 170.2M

added value distributed to all stakeholders*

Target 2021: € 180M

Target 2025: € 255M

*To stakeholders such as employees, shareholders, providers of loan capital, central and local government and local communities.

Economic and productive capital

We adopt a distinctive business model that combines economic sustainability with the generation of social and environmental value, and we are always on the lookout for innovation in our industry. The distributed added value measures the wealth shared with our main stakeholders: shareholders, employees, central and peripheral public administrations, financial institutions, and the local communities in which we operate. For this reason, for us it is a performance indicator to measure, every year, the transformation of the economic and productive capital.

Our commitments for 2021:

promote a distinctive sustainable business model, attracting ESG investors and capital
promote regulatory proposals on sustainable energy through a dialogue with Authorities and Institutions
ensure full consistency between RAF and SUF, update and monitor the list of sustainability key risk indicators (KRI)
pursue innovative and sustainable customer-focused solutions and continue to invest in digitalization

Social and Relational capital

Local communities and on-the-ground partners are a key aspect of our business model. We share the value we generate with them, including through the many ESG initiatives we support in the contexts in which we operate. We encourage the participation of local communities in our business through engagement models and initiatives aimed at enabling the sustainable development of the territories that host us. We promote the use of the local labor force and a short supply chain. We support the creation of skills, competence and knowledge-sharing in relation to energy sustainability, including through training projects. We minimize the impact on the environment of our activities, in order to protect the ecosystem value of the territories that host us, as well as enhance their customs and traditions. The rate share of plants with a significative community engagement program of local communities in our business is the way in which we measure our capability toof grow together with the communities that host us.

Our commitments for 2021:

refine a responsible sourcing process that encourages a sustainable approach, short supply chain, and use of local labor
consolidate the activities promoted by the Sustainability Charter and extend them to new countries of presence
involve our clients/offtakers in community engagement programs
promote a pilot experience of lending crowdfunding in Italy

45% of plants with a significant community engagement program*

added value distributed to all stakeholders*

Target 2021: 41%

Target 2025: 55%

*To be understood as the involvement of local communities through cooperative, ownership and benefit programs, as well as crowdfunding initiatives, or with the local enabling of sustainable energy consumption services (i.e., community energy PPA, access to net metering credit programs, etc.) for the benefit of communities or entities/institutions of public utility.

569.8 thousand tCO2eq GHG emissions avoided* thanks to wind and solar energy

Target 2021: 712 thousand tCO2eq

Target 2025: 1,220 thousand tCO2eq

* * References of the emission factors applied in this report: USA: “Emission Factors for Greenhouse Gas Inventories” (US EPA, 2020); EU: “Fattori di emission atmosferica di gas a effetto serra nel settore elettrico nazionale e nei principali Paesi Europei” [Atmospheric emission factors of greenhouse gases and other pollutants from the power sector] (ISPRA, 2020); Norway: “Electricity disclosure 2018” (NVE-RME, 2020 update). These factors are updated with respect to those applied in previous reporting. Performances and targets have been re-calculated accordingly.

Environmental and climate capital

Fighting climate change and safeguarding the environments that host our operations are our main challenges. We want to be leaders in energy transition and sustainability. We want to produce sustainable energy, in a sustainable way, in sustainable territories. The GHG emissions avoided thanks to wind and solar energy are for us the monitoring parameter of our commitment to the environment.

Our commitments for 2021:

make progress towards the net-zero emission target by 2025
ensure total compatibility between activities and the environment
protect ecosystems and enhance traditional uses in the territories in which we operate

Humal capital

We believe in people and their potential, in their desire to improve themselves and to generate value for our Group and for the society in which we live. This is why we are committed to promoting continuous professional growth, while guaranteeing a stimulating and safe working environment, that enhances everyone’s diversity and allows them to achieve a fair balance between work and private life. Believing in the importance of nurturing each individual’s talent, we promote continuous learning in a process of individual and collective growth. The yearly average hours of training per employee, on average, allow us to keep track of this growth path.

Our commitments for 2021:

expand internal training offerings and develop an employer branding plan
consolidate health & safety protocols and tools, develop a seminar program on health, safety and wellbeing
balance gender ratio in recruitments
consolidate a governance model that combines sustainability, risk and integrity

30.3 yearly individual hours of training per employee

Target 2021: 32 hours

Target 2025: 40 hours

The SDGs we contribute to

Through our sustainability strategy, we contribute to the achievement of the Sustainable Development Goals of the United Nations 2030 Agenda.
We are most active in 9 of the 17 UN goals.